Cutmar Inc is located in Akron, OH. The organization was established in 2004. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cutmar 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 12/2016, Cutmar Inc generated $40.6k 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 (7.0%) each year. All expenses for the organization totaled $54.6k during the year ending 12/2016. 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
2016
Describe the Organization's Program Activity:
Part 3
SUCCESSFULLY CONDUCTED GROUP HOME FOR HOMELESS AND MENTALLY CHALLENGED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernice Gregory President | 5 | $0 | |
Cherrlyn Lampley Treasurer | 40 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,580 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,580 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,988 |
| Professional fees and other payments to independent contractors | $1,774 |
| Occupancy, rent, utilities, and maintenance | $14,405 |
| Printing, publications, postage, and shipping | $67 |
| Other expenses | $18,377 |
| Total expenses | $54,611 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,972 |
| Other assets | $0 |
| Total assets | $17,457 |
| Total liabilities | $22,154 |
| Net assets or fund balances | -$4,697 |