Coates Inc
- Assets
- $76.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Merrillville, IN
- Founding
- Data as of
- 12/2023
- EIN
- 84-5030181
Organization Overview
Coates Inc is located in Merrillville, IN. According to its NTEE Classification (A90) the organization is classified as: Arts Services, 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. Coates 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, Coates Inc generated $148.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 59.5% each year . All expenses for the organization totaled $97.2k during the year ending 12/2023. While expenses have increased by 59.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lolita Wilson College Coach | 20 | $0 | |
Jeremiah King Board Member | 20 | $0 | |
Giavonni Downing Board Member | 20 | $0 | |
Makayla Booker Board Member | 20 | $0 | |
Samuel Coates Board Member | 20 | $0 | |
Karma Smith Board Member | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,473 |
| 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 | $148,473 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,414 |
| Professional fees and other payments to independent contractors | $7,722 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,027 |
| Total expenses | $97,163 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,783 |
| Other assets | $0 |
| Total assets | $76,783 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,783 |