Katabasis is located in Grifton, NC. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Katabasis 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, Katabasis generated $80.6k in total revenue. All expenses for the organization totaled $43.8k during the year ending 12/2021. While expenses have increased by 147.7% 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
2021
Describe the Organization's Program Activity:
Part 3
CONDUCT CAMPS FOR CHILDREN TO LEARN BASIC COMPUTER SKILLS TO ENHANCE EDUCATIONAL OPPORTUNITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William D Causey President/se | 0 | $0 | |
Joseph B Wiggins Vice Preside | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $80,646 |
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 | $80,646 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $36,545 |
Professional fees and other payments to independent contractors | $7,226 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $49 |
Total expenses | $43,820 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $59,158 |
Other assets | $0 |
Total assets | $59,158 |
Total liabilities | $29,374 |
Net assets or fund balances | $29,784 |