Butterfly Collective
- Assets
- $25.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shelby Twp, MI
- Founding
- Data as of
- 12/2023
- EIN
- 85-1121746
Organization Overview
Butterfly Collective is located in Shelby Twp, MI. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Butterfly Collective 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, Butterfly Collective generated $7.7k 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 (16.4%) each year. All expenses for the organization totaled $19.0k during the year ending 12/2023. 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 |
|---|---|---|---|
Ashley Sonnenfeld President | 1 | $0 | |
Heidi Mcquade Secretary | 1 | $0 | |
Jennifer Kaferle Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,168 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,475 |
| Other Revenue | $0 |
| Total Revenue | $7,693 |
| 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 | $17,585 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $263 |
| Other expenses | $1,161 |
| Total expenses | $19,009 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,805 |
| Other assets | $0 |
| Total assets | $25,805 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,805 |