Root Studio Inc
- Assets
- $52.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Turners Falls, MA
- Founding
- 07/2018
- Data as of
- 12/2020
- EIN
- 82-3580865
Organization Overview
Root Studio Inc is located in Turners Falls, MA. The organization was established in 2018. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Root Studio 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 12/2020, Root Studio Inc generated $41.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $24.5k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDING A MENTORSHIP PROGRAM FOR TEEN GIRLS THAT HELPS BREAK THE CYCLE OF FAMILY TRAUMA AND POVERTY BY TEACHING YOGA AND MEDITATION BASED SKILLS.
PROVIDING A MENTORSHIP PROGRAM FOR TEEN GIRLS THAT HELPS BREAK THE CYCLE OF FAMILY TRAUMA AND POVERTY BY TEACHING YOGA AND MEDITATION BASED SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Chesnes President | 10 | $14,567 | |
Veronica Phaneuf Treasurer | 1 | $0 | |
Terri Reipold Clerk | 1 | $0 | |
Ashley Mader Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,932 |
| 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 | $41,932 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,104 |
| Professional fees and other payments to independent contractors | $855 |
| Occupancy, rent, utilities, and maintenance | $1,864 |
| Printing, publications, postage, and shipping | $210 |
| Other expenses | $5,461 |
| Total expenses | $24,494 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,123 |
| Other assets | $0 |
| Total assets | $52,797 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,797 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Root Studio Inc has recieved totaling $45,500.
| Awarding Organization | Amount |
|---|---|
Womens Fund Of Western Massachusetts Springfield, MA PURPOSE: GRANT | $15,000 |
Womens Fund Of Western Massachusetts Springfield, MA PURPOSE: GRANT | $15,000 |
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: COVID-19 RESPONSE FUND AWARD | $7,750 |
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: COVID-19 RESPONSE FUND AWARD | $7,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Do Something Inc New York, NY | $16,018,625 | $4,390,638 |
Colonie Youth Center Inc Latham, NY | $13,129,145 | $4,748,575 |
Squashbusters Inc Roxbury Crossing, MA | $32,066,323 | $8,675,838 |
El Puente De Williamsburg Inc Brooklyn, NY | $1,746,153 | $3,586,866 |
Manhattan Soccer Club Inc New York, NY | $3,532,103 | $3,811,063 |
Compass Youth Collaborative Inc Hartford, CT | $2,453,740 | $3,584,751 |
Wakeman Memorial Association Inc Fairfield, CT | $16,157,524 | $5,728,148 |
Valeo Futbol Club Inc Newton Center, MA | -$49,861 | $2,149,283 |
Sociedad Latina Inc Roxbury, MA | $10,396,868 | $3,359,611 |
The Dream Program Inc Winooski, VT | $2,278,849 | $2,506,559 |
Wendell P Clark Memorial Young Mens Christian Association Inc Winchendon, MA | $12,441,713 | $1,690,949 |
Mary Mitchell Family And Youth Center Inc Bronx, NY | $860,013 | $1,774,814 |