People Launching Of North Carolina
- Assets
- $30.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-0991594
Organization Overview
People Launching Of North Carolina is located in Raleigh, NC. The organization was established in 2019. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. People Launching Of North Carolina 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 12/2021, People Launching Of North Carolina generated $99.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $85.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Fooshee President | 25 | $47,168 | |
Elaine Webb Treasurer | 2 | $0 | |
Luke Thomas Board Chair | 5 | $0 | |
Ford Jordan Board Member | 1 | $0 | |
James Freeze Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,003 |
| Total Program Service Revenue | $48,556 |
| Membership dues | $675 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,234 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,168 |
| Professional fees and other payments to independent contractors | $17,090 |
| Occupancy, rent, utilities, and maintenance | $276 |
| Printing, publications, postage, and shipping | $29 |
| Other expenses | $21,267 |
| Total expenses | $85,830 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,409 |
| Other assets | $0 |
| Total assets | $30,409 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,409 |
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