Sylo
- Assets
- $17.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, TX
- Founding
- 07/2009
- Data as of
- 05/2023
- EIN
- 83-0495868
Organization Overview
Sylo is located in Somerset, TX. The organization was established in 2009. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sylo 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 05/2023, Sylo generated $39.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $30.9k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZE VARIOUS EVENTS THROUGHOUT THE YEAR TO RAISEFUNDS TO USE TO SUPPORT LOCAL 4-H & FFA YOUTH INTHE SOMERSET, TEXAS AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Black President | 5 | $0 | |
Frank Villanueva Vice President | 5 | $0 | |
Elizabeth Hansen Treasurer | 5 | $0 | |
Debbie Black Correspondence Secretary | 5 | $0 | |
Tracy Cogburn Recording Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $39,408 |
| Other Revenue | $0 |
| Total Revenue | $39,408 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,870 |
| Total expenses | $30,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,116 |
| Other assets | $0 |
| Total assets | $17,116 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,116 |