Speda Community Foundation Inc
- Assets
- $103.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, KY
- Founding
- Data as of
- 12/2022
- EIN
- 85-4070374
Organization Overview
Speda Community Foundation Inc is located in Somerset, KY. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, 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. Speda Community Foundation 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 12/2022, Speda Community Foundation Inc generated $140.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $511.3k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE CHARITABLE FUNDING FOR COMMUNITY PROJECTS AND OTHER CHARITABLE AND EDUCATIONAL PURPOSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Girdler Director | 2 | $0 | |
Brook Ping Director | 2 | $0 | |
Jessica Carlton Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,078 |
| 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 | $140,078 |
| 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 | $966 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $510,363 |
| Total expenses | $511,329 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,380 |
| Other assets | $0 |
| Total assets | $103,380 |
| Total liabilities | $310,427 |
| Net assets or fund balances | -$207,047 |