Skyrocit Inc
- Assets
- $75.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hope, AR
- Founding
- 04/2017
- Data as of
- 12/2023
- EIN
- 82-1097035
Organization Overview
Skyrocit Inc is located in Hope, AR. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skyrocit Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Skyrocit Inc generated $176.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 31.3% each year . All expenses for the organization totaled $164.1k during the year ending 12/2023. While expenses have increased by 36.8% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FOSTER CARE AND WAIVERED SERVICES TO CHILDREN WITH INTELLECTUAL DISABILITIES THROUGH AGE 18.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Watson CEO | 10 | $0 | |
Dennis Ramsey President | 0.5 | $0 | |
Becky Williams Vice President | 0.5 | $0 | |
Clay Lance Secretary | 0.5 | $0 | |
John Richardson Treasurer | 0.5 | $0 | |
Carol Robinson Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $176,798 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $176,798 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $71,006 |
| Professional fees and other payments to independent contractors | $1,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $91,954 |
| Total expenses | $164,110 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,293 |
| Other assets | $0 |
| Total assets | $75,812 |
| Total liabilities | $6,231 |
| Net assets or fund balances | $69,581 |