Varna Community Assoc
- Assets
- $117.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ithaca, NY
- Founding
- 05/2000
- Data as of
- 12/2022
- EIN
- 16-6052986
Organization Overview
Varna Community Assoc is located in Ithaca, NY. The organization was established in 2000. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. Varna Community Assoc 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, Varna Community Assoc generated $124.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $85.0k during the year ending 12/2022. While expenses have increased by 20.4% 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 |
|---|---|---|---|
Laurie Snyder Chair | 6 | $0 | |
Meghan Mcquaide-Reiff Vice-Chair | 2 | $0 | |
Simon St Laurent Treasurer | 6 | $0 | |
Mason Jager Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,863 |
| Total Program Service Revenue | $23,338 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16,979 |
| Total Revenue | $124,194 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,356 |
| Professional fees and other payments to independent contractors | $618 |
| Occupancy, rent, utilities, and maintenance | $22,715 |
| Printing, publications, postage, and shipping | $1,309 |
| Other expenses | $21,738 |
| Total expenses | $85,036 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,286 |
| Other assets | $0 |
| Total assets | $117,264 |
| Total liabilities | $275 |
| Net assets or fund balances | $116,989 |