Degrees Of Skill
- Assets
- $1.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Braunfels, TX
- Founding
- 12/2017
- Data as of
- 12/2022
- EIN
- 82-2563183
Organization Overview
Degrees Of Skill is located in New Braunfels, TX. The organization was established in 2017. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Degrees Of Skill 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 12/2022, Degrees Of Skill generated $9.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $12.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL SCHOLARSHIPS AND TO CARRY ON SUCH CHARITABLE AND EDUCATIONAL ACTIVITIES ASSOCIATED WITH THIS GOAL AS ALLOWED BY LAW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Rowe President | 0.5 | $0 | |
Donald Elmore Vice Preside | 0.5 | $0 | |
Nancy Elmore CFO | 2 | $0 | |
Hallie Rowe Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,802 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,802 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,035 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,434 |
| Total expenses | $12,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,170 |
| Other assets | $0 |
| Total assets | $1,170 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,170 |