Kings Mountain Gateway Trails Inc is located in Kings Mountain, NC. The organization was established in 2006. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kings Mountain Gateway Trails 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, Kings Mountain Gateway Trails Inc generated $119.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 50.0% each year . All expenses for the organization totaled $92.4k during the year ending 12/2022. While expenses have increased by 47.1% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
MAINTAINED EXISTING AND NEW TRAIL, UTILIZING OVER1800 HOURS OF VOLUNTEER LABOR; THE TRAIL WAS USED BY OVER 125,000 PEOPLE DURING 2021
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirley Brutko VP | 5 | $0 | |
Dennis Patterson VP | 5 | $0 | |
Bill Mcmurrey Treas | 3 | $0 | |
Mary Wade Smith Sec | 1 | $0 | |
Ronnie Franks President | 1 | $0 | |
Larry Hamrick Jr Dir | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,889 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,985 |
| Other Revenue | $0 |
| Total Revenue | $119,874 |
| 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 | $4,497 |
| Printing, publications, postage, and shipping | $1,113 |
| Other expenses | $86,829 |
| Total expenses | $92,439 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,335 |
| Other assets | $0 |
| Total assets | $78,335 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,335 |