Northeast Franklin Revitalization
- Assets
- $35.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisburg, NC
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 83-1859380
Organization Overview
Northeast Franklin Revitalization is located in Louisburg, NC. The organization was established in 2019. According to its NTEE Classification (S32) the organization is classified as: Rural Economic 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. Northeast Franklin Revitalization 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, Northeast Franklin Revitalization generated $50.0k in total revenue. All expenses for the organization totaled $18.5k during the year ending 12/2022. While expenses have increased by 98.0% 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
TO PROVIDE FUNDING TO ENCOURAGE AND SUPPORT ECONOMIC DEVELOPMENT IN NORTHEASTERN FRANKLIN COUNTY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Jim Foster Chairman | 10 | $0 | |
Alice Faye Hunter Secretary | 5 | $0 | |
Mark Speed Vice Chair | 5 | $0 | |
Rex Foster Executive Dir. | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| 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 | $50,000 |
| 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 | $321 |
| Other expenses | $1,166 |
| Total expenses | $18,487 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,318 |
| Other assets | $0 |
| Total assets | $35,318 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,318 |