Successful Inc
- Assets
- $130.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cordova, TN
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 83-2609179
Organization Overview
Successful Inc is located in Cordova, TN. The organization was established in 2019. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Successful 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 12/2023, Successful Inc generated $109.4k 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 (24.7%) each year. All expenses for the organization totaled $94.9k during the year ending 12/2023. 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
IN THE YEAR ENDED DECEMBER 31, 2023, SUCCESSFUL INC DISTRIBUTED 34 MUSICAL INSTRUMENTS, 34 MUSICAL INSTRUMENT CASES, MUSIC BOOKS AND ACCESSORIES TO 34 DESERVING BAND STUDENTS. IN ADDITION, IT GAVE MUSIC BOOKS AND ACCESSORIES TO THREE PUBLIC MIDDLE SCHOOLS, THREE PUBLIC HIGH SCHOOLS, AND THREE NONPROFIT ORGANIZATIONS THAT PROVIDE MUSIC EDUCATION. SUCCESSFUL INC DID PRESENTATIONS AT OVER SIX SCHOOL BAND AWARDS PROGRAMS TO PROMOTE MUSIC EDUCATION AND ITS IMPORTANCE AS WELL AS RECOGNIZE THE BAND STUDENTS AND THE MUSIC EDUCATION TEACHERS WHO MAKE A DIFFERENCE IN THEIR STUDENTS' LIVES. SUCCESSFUL INC DID OUTREACH TO OVER 10 BAND DIRECTORS IN MISSISSIPPI AND OVER 10 BAND DIRECTORS IN TENNESSEE. SUCCESSFUL INC ADVISED SEVERAL BAND BOOSTER PRESIDENTS/MEMBERS, AS WELL AS CONCERNED PARENTS AND COMMUNITY MEMBERS IN MISSISSIPPI, TENNESSEE, AND ARKANSAS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Sparrenberger Chairperson | 2 | $0 | |
Ricko Washington Secretary | 1 | $0 | |
Richard Mathis Director (former Chairperson Outgoing) | 1 | $0 | |
Raymond Bell Director | 0.5 | $0 | |
Brenda Ford Vice Chairperson (outgoing) | 1 | $0 | |
Kerry Ann Simon Director (outgoing) | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,355 |
| 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 | $109,355 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,950 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $537 |
| Printing, publications, postage, and shipping | $2,245 |
| Other expenses | $5,425 |
| Total expenses | $94,880 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,467 |
| Other assets | $0 |
| Total assets | $130,898 |
| Total liabilities | $459 |
| Net assets or fund balances | $130,439 |