Pan Long Island Challenge Inc
- Assets
- $12.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wantagh, NY
- Founding
- 07/2011
- Data as of
- 12/2023
- EIN
- 27-3334500
Organization Overview
Pan Long Island Challenge Inc is located in Wantagh, NY. The organization was established in 2011. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pan Long Island Challenge 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 12/2023, Pan Long Island Challenge Inc generated $71.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $72.8k during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
THE LONG ISLAND BIKE CHALLENGE (LIBC), IS A LONG DISTANCE CHARITY BIKE RIDE HELD THE FIRST SUNDAY IN AUGUST DEDICATED TO RAISING FUNDS FOR STATE OF THE ART MEDICAL RESEARCH TO DEFEAT ALL FORMS OF CANCER.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,150 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,250 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $100 |
| Other expenses | $6,686 |
| Total expenses | $72,786 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,637 |
| Other assets | $0 |
| Total assets | $12,637 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,637 |