Cassonade Inc
- Assets
- $3.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waldorf, MD
- Founding
- 02/2020
- Data as of
- 12/2021
- EIN
- 84-2031171
Organization Overview
Cassonade Inc is located in Waldorf, MD. The organization was established in 2020. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Cassonade 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 12/2021, Cassonade Inc generated $500.0 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 (70.3%) each year. All expenses for the organization totaled $1.2k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THIS NON PROFIT ORGANIZATION IS TO SERVE THE MEMBERS OF THE COMMUNITY BY OFFERING ASSISTANCE TO ADDRESS STUDENT LOAN DEBT, MENTAL HEALTH, AND COMMUNITY SAFETY. WE ARE ABLE TO UTILIZE THE EXEMPTION STATUS BECAUSE IT ALLOWS US TO WORK WITH THE COMMUNITY WHILE SAVING MONEY. IT GIVES US THE OPPORTUNITY TO LET THE PEOPLE SUPPORT IDEALS THAT ARE IN THEIR COMMUNITIES. WE ARE ALSO ABLE TO WORK IN DEPTH WITH THE EDUCATIONAL SYSTEM AS A 501C3.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tierra Lanier CEO | 20 | $0 | |
Roibyn Newman Secretary | 5 | $0 | |
Stefon Ellison Social Media | 5 | $0 | |
Shannon Cole Treasurer | 5 | $0 | |
Amoz Samuel Negotiations | 5 | $0 | |
Nathan Dickerson Counceling | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $250 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $500 |
| 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 | $1,149 |
| Printing, publications, postage, and shipping | $25 |
| Other expenses | $0 |
| Total expenses | $1,174 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,314 |
| Other assets | $0 |
| Total assets | $3,314 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,314 |
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