Support Management Solutions is located in Covington, KY. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Support Management Solutions 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, Support Management Solutions generated $87.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $87.0k during the year ending 12/2023. While expenses have increased by 9.2% per year over the past 2 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
SUPPORT MANAGEMENT SOLUTIONS PROVIDES PERSONAL FINACIAL MANAGEMENT SERVICES TO APPROX 168 PERSONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Foster Executive Director | 40 | $27,078 | |
Joshua Foster Secretary | 35 | $23,342 | |
Nicole Hannah Admin Asst | 20 | $13,758 | |
Rachael Foster Asst Director | 1 | $0 | |
Valarie Lawson Board Director | 1 | $0 | |
Lynette Niang Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $86,326 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $730 |
| Other Revenue | $0 |
| Total Revenue | $87,056 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,177 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $13,173 |
| Printing, publications, postage, and shipping | $358 |
| Other expenses | $9,267 |
| Total expenses | $86,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87 |
| Other assets | $0 |
| Total assets | $87 |
| Total liabilities | $0 |
| Net assets or fund balances | $87 |