Pay It Forward 316
- Assets
- $171.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pharr, TX
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 20-1299270
Organization Overview
Pay It Forward 316 is located in Pharr, TX. The organization was established in 2007. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Pay It Forward 316 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, Pay It Forward 316 generated $56.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $65.3k during the year ending 12/2022. 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 |
|---|---|---|---|
Rodolfo Gorena President | 18 | $0 | |
Diane Erica Gorena Garza Secretary | 3 | $0 | |
Ernestina DE La Cruz Treasurer | 1 | $0 | |
Gabriel Jared Garza Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,844 |
| 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 | $56,844 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,259 |
| Total expenses | $65,259 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,770 |
| Other assets | $0 |
| Total assets | $171,579 |
| Total liabilities | $0 |
| Net assets or fund balances | $171,579 |
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