Racine Area Communiyt Organization Inc is located in Racine, OH. The organization was established in 2018. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Racine Area Communiyt Organization 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 12/2022, Racine Area Communiyt Organization Inc generated $34.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $34.1k during the year ending 12/2022. While expenses have increased by 16.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
SOUTHERN HIGH SCHOOL SENIOR SCHOLARSHIPS GIVEN--$25500.00 COMMUNITY ORGANIZATIONS AND LOCAL PUBLIC ACTIVITIES DONATIONS, HUNDREDS OF COMMUNITY PEOPLE SERVED WITH DONATIONS TO LOCAL FIRE DEPTS., FOOD BANKS, PTO'S, ETC...$4102
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melanie Weese President | 3 | $0 | |
Tonya Hunter Vice President | 1 | $0 | |
Kimberly L Romine Treasurer | 3 | $0 | |
Lillian Weese Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,005 |
Total Program Service Revenue | $0 |
Membership dues | $200 |
Investment income | $485 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $20,167 |
Other Revenue | $0 |
Total Revenue | $34,857 |
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 | $62 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $4,468 |
Total expenses | $34,132 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $55,957 |
Other assets | $0 |
Total assets | $55,957 |
Total liabilities | $0 |
Net assets or fund balances | $55,957 |
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