Revolving Door Inc
- Assets
- $571.1k
- Revenue
- $346.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Poughkeepsie, NY
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 05-0528368
Organization Overview
Revolving Door Inc is located in Poughkeepsie, NY. The organization was established in 2004. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Revolving Door 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, Revolving Door Inc generated $346.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.8% each year . All expenses for the organization totaled $310.8k during the year ending 12/2022. While expenses have increased by 11.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Kristina Hosch-Torres Director | 10 | $18,000 | |
Edwin Torres Director | 10 | $18,000 | |
Erik Hosch Director | 12 | $23,044 | |
Kristina Hosch-Torres Director | 10 | $18,000 | |
Edwin Torres Director | 10 | $18,000 | |
Erik Hosch Director | 12 | $23,044 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $44,657 |
| 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 | $302,132 |
| Total Revenue | $346,789 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $59,044 |
| Other employee salaries and wages | $63,664 |
| Pension plans, employee benefits | $0 |
| Interest | $773 |
| Taxes | $9,843 |
| Depreciation | $0 |
| Occupancy | $7,500 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150,743 |
| Total operating and administrative expenses | $295,267 |
| Contributions, gifts, grants paid | $15,488 |
| Total expenses and disbursements | $310,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,481 |
| 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 | $270,157 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $500 |
| Total assets | $571,138 |
| Accounts payable and accrued expenses | $1,901 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $13,359 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $399,942 |
| Total liabilities | $415,202 |