Edessa School Of Fashion Inc
- Assets
- $109.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/2019
- Data as of
- 06/2023
- 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 06/2023, Edessa School Of Fashion Inc generated $54.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $54.9k during the year ending 06/2023. 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
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. THE CLASS SIZE INCREASED SOME IN 2023 BUT THE CLASSES REMAINED SMALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Speller President | 40 | $0 | |
Una Van Duvall Chair | 20 | $0 | |
Dr Deryl Davis Fulmer Vice Chair | 20 | $0 | |
Robert Zondag Treasurer | 20 | $0 | |
Nicholas Ganos Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,538 |
| Total Program Service Revenue | $5,545 |
| Membership dues | $0 |
| Investment income | $87 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,170 |
| 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 | $32,164 |
| Occupancy, rent, utilities, and maintenance | $11,239 |
| Printing, publications, postage, and shipping | $4 |
| Other expenses | $11,498 |
| Total expenses | $54,905 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,859 |
| Other assets | $0 |
| Total assets | $109,470 |
| Total liabilities | $26,298 |
| Net assets or fund balances | $83,172 |