Carolina Serves Inc
- Assets
- $10.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- Data as of
- 12/2023
- EIN
- 87-4786183
Organization Overview
Carolina Serves Inc is located in Charlotte, NC. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Carolina Serves 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 12/2023, Carolina Serves Inc generated $152.5k 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 (34.0%) each year. All expenses for the organization totaled $238.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
OUR PROGRAM ACTIVITIES HAVE INCLUDED PRE-DEVELOPMENT EXPENSES TO AN INDUSTRY CONSULTANT, ARCHITECT, LAWYER, AND MARKETING FIRM TO DESIGN AND WORK ON DEVELOPING A PUBLIC/PRIVATE PARTNERSHIP WITH GOVERNMENT ENTITIES TO BUILD A PUBLIC RACQUET SPORTS COMPLEX TO THE COMMUNITY TO BROADER ACCESS TO THOSE WHO OTHERWISE MAY NOT HAVE THE OPPORTUNITY AND TO OFFER EVENTS THAT BRING ECONOMIC IMPACT TO THE COMMUNITY. PROGRAM REVENUS CONSIST OF DONATIONS FROM INDIVIDUAL DONORS SUPPORTIVE OF THE CAUSE FOR OUR COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Turner President/treas | 0 | $0 | |
Marise Kumar Secretary | 0 | $0 | |
Shawn Cone Director | 0 | $0 | |
Calvin Davis Director | 0 | $0 | |
Keith Haywood Director | 0 | $0 | |
Dinesh Chopra Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,500 |
| 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 | $152,500 |
| 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 | $162,209 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $400 |
| Other expenses | $75,657 |
| Total expenses | $238,266 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,608 |
| Other assets | $0 |
| Total assets | $10,608 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,608 |