31 Backpacks Inc
- Assets
- $35.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houghton, MI
- Founding
- 04/2013
- Data as of
- 12/2023
- EIN
- 45-4916842
Organization Overview
31 Backpacks Inc is located in Houghton, MI. The organization was established in 2013. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 31 Backpacks 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, 31 Backpacks Inc generated $146.0k 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 (3.8%) each year. All expenses for the organization totaled $113.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,018 |
| 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 | $146,018 |
| 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 | $590 |
| Occupancy, rent, utilities, and maintenance | $4,800 |
| Printing, publications, postage, and shipping | $2,327 |
| Other expenses | $105,390 |
| Total expenses | $113,107 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,987 |
| Other assets | $0 |
| Total assets | $35,167 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,167 |