East Beach Institute Inc
- Assets
- $140.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 20-2410039
Organization Overview
East Beach Institute Inc is located in Norfolk, VA. The organization was established in 2007. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Beach Institute 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 12/2021, East Beach Institute Inc generated $46.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $28.0k during the year ending 12/2021. While expenses have increased by 23.1% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTION OF EDUCATIONAL AND COMMUNITY SUPPORT IN THE EAST BEACH AND NORFOLK AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Greene President | 2 | $0 | |
Rich Nolan Vice President | 2 | $0 | |
Karen Mounamie Treasurer | 2 | $0 | |
Nancy King Director | 2 | $0 | |
Carole Palma Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,995 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $895 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,890 |
| 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 | $615 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $15 |
| Other expenses | $1,450 |
| Total expenses | $27,980 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $140,531 |
| Other assets | $0 |
| Total assets | $140,531 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,531 |