Metamorphosis Silc Inc is located in Lancaster, TX. The organization was established in 2020. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metamorphosis Silc 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, Metamorphosis Silc Inc generated $99.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $114.0k during the year ending 12/2023. While expenses have increased by 21.3% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
OUR ORGANIZATION HAS PROVIDED A HOME FOR YOUNG MEN WHO WOULD OTHERWISE BE HOMELESS. THEY ARE TAUGHT LIFE SKILLS AND ARE BEING GROOMED TO LIVE INDEPENDENT. PLACEMENTS ARE TAUGHT HOW TO BUDGET, INTERVIEW FOR JOBS, FILL OUT COLLEGE APPLICATIONS, MAKE DOCTOR'S APPOINTMENTS, USE PUBLIC TRANSPORTATION, ETC. THEY CAN REMAIN WITH US FROM AGE 18 TO 21.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $99,658 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $99,658 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $47,361 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $66,667 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $114,028 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,325 |
Other assets | $0 |
Total assets | $4,325 |
Total liabilities | $0 |
Net assets or fund balances | $4,325 |