320 is located in Durham, NC. The organization was established in 2007. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 320 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WATER SPORTS, PRIMARILY WITH THE USE OF A BOAT, ARE USED TO PROVIDE OPPORTUNITIES TO REACH PEOPLE WITH THE GOSPEL. THE NUMBER OF PERSONS BENEFITTED VARIES YEAR TO YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher Medlin President | 15 | $12,000 | |
Kathy Medlin Executive Director | 25 | $12,500 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $60,839 |
Total Program Service Revenue | $1,610 |
Membership dues | $0 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,600 |
Total Revenue | $65,050 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $13,490 |
Professional fees and other payments to independent contractors | $1,650 |
Occupancy, rent, utilities, and maintenance | $12,000 |
Printing, publications, postage, and shipping | $1,138 |
Other expenses | $12,961 |
Total expenses | $41,239 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $41,871 |
Other assets | $0 |
Total assets | $45,025 |
Total liabilities | $3,214 |
Net assets or fund balances | $41,811 |