Piedmont Renewal Network
- Assets
- $18.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winston Salem, NC
- Founding
- 03/2018
- EIN
- 82-2727322
Organization Overview
Piedmont Renewal Network is located in Winston Salem, NC. The organization was established in 2018. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piedmont Renewal Network 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 undefined, Piedmont Renewal Network generated $60.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $40.6k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (26.1%) per year over the past 4 years. 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
Describe the Organization's Program Activity:
Part 3
PROVIDE ACADEMIC PROGRAM FOR THE LEAST FORTUNATE CHILDREN OF WINSTON-SALEM, NC. THIS IS DONE TO PREPARE THESE STUDENTS FOR ACCEPTANCE AND SUCCESS AT COLLEGE OR UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Fordham Secretary & Treasurer | 40 | $1,353 | |
Logan Philon Executive Director | 40 | $1,034 | |
Beth Ashburn Director | 0 | $0 | |
Michael Baughan Director | 0 | $0 | |
John Mcconnell Chairman | 0 | $0 | |
Jane Shen Vice Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,840 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13,579 |
| Total Revenue | $60,419 |
| Statement of Expenses | |
|---|---|
| Total expenses | $40,555 |
| Balance Sheet | |
|---|---|
| Total assets | $18,405 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,405 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Piedmont Renewal Network has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 2 GRANT(S) FOR VARYING PURPOSES | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Book Harvest Durham, NC | $2,671,436 | $2,224,285 |
Preston Taylor Ministries Nashville, TN | $1,787,100 | $1,982,481 |
The Washington Commanders Charitable Foundation Inc Ashburn, VA | $1,361,978 | $1,048,751 |
Literacy Action Inc Atlanta, GA | $1,276,569 | $1,539,429 |
The Global Village Project Inc Decatur, GA | $2,051,230 | $1,459,701 |
Durham Literacy Center Inc Durham, NC | $1,363,688 | $948,350 |
Care House Of The Pee Dee Inc Florence, SC | $649,541 | $1,102,021 |
Book Em Nashville, TN | $633,279 | $1,103,877 |
Team Up Mentoring Inc Monroe, GA | $139,641 | $683,392 |
Greenville Literacy Association Inc Greenville, SC | $1,469,123 | $843,116 |
Reach Inc Norfolk, VA | $511,783 | $670,333 |
West End Community Foundation Inc Durham, NC | $4,528,344 | $496,457 |