Amarillo Advertising Federation
- Assets
- $71.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Amarillo, TX
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 26-2862786
Organization Overview
Amarillo Advertising Federation is located in Amarillo, TX. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amarillo Advertising Federation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Amarillo Advertising Federation generated $62.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $71.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 4 years. 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 |
|---|---|---|---|
Honnah Taylor President | 15 | $0 | |
Jody Reynolds Vice President | 15 | $0 | |
David Meraz Vice President | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,914 |
| Total Program Service Revenue | $31,535 |
| Membership dues | $25,517 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,971 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $19,190 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,800 |
| Occupancy, rent, utilities, and maintenance | $346 |
| Printing, publications, postage, and shipping | $178 |
| Other expenses | $49,616 |
| Total expenses | $71,130 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,884 |
| Other assets | $0 |
| Total assets | $71,349 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,349 |