Charms Inc
- Assets
- $214.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 03/1977
- Data as of
- 08/2023
- EIN
- 23-7167903
Organization Overview
Charms Inc is located in Birmingham, AL. The organization was established in 1977. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Charms Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, Charms Inc generated $61.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $46.6k during the year ending 08/2023. 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 |
|---|---|---|---|
Barbara Frazier President | 0 | $0 | |
Linda Wilson 1st Vice President | 0 | $0 | |
Lisa Peeples-Hurst 2nd Vice President | 0 | $0 | |
Regina Moody Recording Secretary | 0 | $0 | |
Ruby Sharee Parnell-Booth Corresponding Secretary | 0 | $0 | |
Donna Broadnax Financial Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $61,261 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,261 |
| 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 | $6,680 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,312 |
| Other expenses | $35,580 |
| Total expenses | $46,572 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $214,524 |
| Other assets | $0 |
| Total assets | $214,524 |
| Total liabilities | $0 |
| Net assets or fund balances | $214,524 |