Project Rachel Of Central & Eastern North Carolina
- Assets
- $78.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 04/2005
- Data as of
- 12/2021
- EIN
- 20-1379792
Organization Overview
Project Rachel Of Central & Eastern North Carolina is located in Raleigh, NC. The organization was established in 2005. According to its NTEE Classification (P40) the organization is classified as: Family Services, 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. Project Rachel Of Central & Eastern North Carolina 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 12/2021, Project Rachel Of Central & Eastern North Carolina generated $53.7k 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 (13.5%) each year. All expenses for the organization totaled $29.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,090 |
| Total Program Service Revenue | $2,625 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,715 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,394 |
| Professional fees and other payments to independent contractors | $918 |
| Occupancy, rent, utilities, and maintenance | $4,716 |
| Printing, publications, postage, and shipping | $184 |
| Other expenses | $8,729 |
| Total expenses | $29,941 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,232 |
| Other assets | $0 |
| Total assets | $78,232 |
| Total liabilities | $288 |
| Net assets or fund balances | $77,944 |