Edessa School Of Fashion Inc
- Assets
- $110.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/2019
- Data as of
- 06/2022
- EIN
- 83-2371981
Organization Overview
Edessa School Of Fashion Inc is located in Milwaukee, WI. The organization was established in 2019. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edessa School Of Fashion 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 06/2022, Edessa School Of Fashion Inc generated $13.0k 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 (64.5%) each year. All expenses for the organization totaled $27.6k during the year ending 06/2022. 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
EDESSA RECEIVED APPROVAL FROM THE STATE IN 2020 TO START CONDUCTING CLASSES. MOST OF FISCAL YEAR ENDED 6/30/2021 WAS USED TO GEAR UP FOR THESE CLASSES WHICH STARTED WITH A SMALL CLASS IN FISCAL YEAR 6/30/2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Una Van Duvall Chair | 20 | $0 | |
Robert Zondag Treasurer | 20 | $0 | |
Nicholas Ganos Secretary | 20 | $0 | |
Jeffrey Speller President | 40 | $0 | |
Dr Deryl Davis Fulmer Vice Chair | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,745 |
| Total Program Service Revenue | $4,240 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,016 |
| 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 | $19,634 |
| Occupancy, rent, utilities, and maintenance | $2,544 |
| Printing, publications, postage, and shipping | $3,361 |
| Other expenses | $2,097 |
| Total expenses | $27,636 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,941 |
| Other assets | $0 |
| Total assets | $110,552 |
| Total liabilities | $25,000 |
| Net assets or fund balances | $85,552 |
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