Inc Spot Ltd is located in Decatur, IL. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inc Spot Ltd 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 12/2022, Inc Spot Ltd generated $130.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 68.1% each year . All expenses for the organization totaled $107.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMERCIAL BUILDING RENTED TO BUDDING START UP BUSINESS AND PARTY ROOM RENTAL
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anthony C Walker CEO | 35 | $0 | |
Tamarra Fuller Executive Di | 35 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $1,703 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $128,517 |
Total Revenue | $130,220 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $288 |
Depreciation | $461 |
Occupancy | $60,042 |
Travel, conferences, and meetings | $630 |
Printing and publications | $998 |
Other expenses | $32,840 |
Total operating and administrative expenses | $107,087 |
Contributions, gifts, grants paid | $749 |
Total expenses and disbursements | $107,836 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $24,077 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $14,971 |
Other assets | $9 |
Total assets | $39,057 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $2,941 |
Total liabilities | $2,941 |