Investnest Inc is located in Heber City, UT. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Investnest 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, Investnest Inc generated $113.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $116.3k during the year ending 12/2023. 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
WE CONDUCT AN ANNUAL HIGH SCHOOL BUSINESS COMPETITION AND PROVIDE MENTORING TO STUDENTS WHO DESIRE TO START UP A BUSINESS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jw Davies Director | 2 | $0 | |
Brad T Allen Director | 2 | $0 | |
James Ballstaedt Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,450 |
| 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 | $113,450 |
| 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 | $926 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $689 |
| Other expenses | $114,694 |
| Total expenses | $116,309 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,049 |
| Other assets | $0 |
| Total assets | $37,049 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,049 |