Candlerock International
- Assets
- $164.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, TX
- Founding
- 05/2010
- Data as of
- 12/2023
- EIN
- 26-4586610
Organization Overview
Candlerock International is located in Montgomery, TX. The organization was established in 2010. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Candlerock International 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 12/2023, Candlerock International generated $78.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $73.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 6 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 |
|---|---|---|---|
James Shannon President | 5 | $0 | |
Shanna Shannon Vice President | 1 | $0 | |
Jon Shannon Secretary | 1 | $0 | |
James Shannon Director | 1 | $0 | |
Jeffrey Ludy Director | 0 | $0 | |
Kimberly Harris Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,439 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,439 |
| 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 | $2,979 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,561 |
| Total expenses | $73,377 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,451 |
| Other assets | $0 |
| Total assets | $164,287 |
| Total liabilities | $56,844 |
| Net assets or fund balances | $107,443 |