Kapex Incorporated
- Assets
- $91.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hampton, VA
- Founding
- Data as of
- 06/2024
- EIN
- 84-5136980
Organization Overview
Kapex Incorporated is located in Hampton, VA. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Kapex Incorporated 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 06/2024, Kapex Incorporated generated $60.1k 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 (32.7%) each year. All expenses for the organization totaled $87.4k during the year ending 06/2024. 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 |
|---|---|---|---|
Christopher Howlette President/ch | 5 | $0 | |
Darrell Rogers Vice Preside | 5 | $0 | |
Eldon Hayman Treasurer | 5 | $0 | |
Marc Alexander Recoder/secr | 5 | $0 | |
William Badgett Board Member | 5 | $0 | |
Edgar Carter Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,112 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,121 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $87,360 |
| Total expenses | $87,360 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,147 |
| Other assets | $0 |
| Total assets | $91,147 |
| Total liabilities | $0 |
| Net assets or fund balances | $91,147 |