Twirl To The World Foundation is located in Charlotte, NC. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twirl To The World Foundation 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 12/2022, Twirl To The World Foundation generated $87.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $84.5k during the year ending 12/2022. While expenses have increased by 15.9% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
TWIRL TO THE WORLD IS AN ANNUAL HOLIDAY-THEMED DANCE PARTY PRESENTED BY AND FOR CHARLOTTES LGBT AND ALLIED COMMUNITIES TO RAISE MONEY FOR CHARITABLE ORGANIZATIONS AND DISADVANTAGED YOUTH.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melvin Z Johnson Executive Director | 10 | $0 | |
Jason T Mccraw Co-Founder | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,073 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,393 |
| Other Revenue | $0 |
| Total Revenue | $87,473 |
| 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 | $4,386 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $217 |
| Other expenses | $0 |
| Total expenses | $84,505 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,768 |
| Other assets | $0 |
| Total assets | $76,768 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,768 |