Fiber Network Owners Alliance Inc
- Assets
- $124.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Breman, GA
- Founding
- 09/2016
- Data as of
- 09/2021
- EIN
- 47-3480508
Organization Overview
Fiber Network Owners Alliance Inc is located in Breman, GA. The organization was established in 2016. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fiber Network Owners Alliance Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2021, Fiber Network Owners Alliance Inc generated $179.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $174.6k during the year ending 09/2021. While expenses have increased by 29.4% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
THE BOARD OF DIRECTORS CONDUCT MONTHLY MEETINGS TO DISCUSS GOALS AND STRATEGIES FOR THE ORGANIZATION. QUARTERLY MEETINGS WERE HELD TO DISCUSS THE ORGANIZATION'S BUSINESS AND OPERATIONS WITH THE MEMBERS, VOTE ON NEW MEMBERS, AND HAVE GUEST SPEAKERS REGARDING TOPICS OF INTEREST TO THE GROUP. AS OF APRIL 2020, ALL MEETINGS WERE HELD VIRTUALLY. THE ANNUAL CONFERENCE ORIGINALLY SCHEDULED FOR MARCH 2020 WAS POSTPONED AND RESCHEDULED FOR OCTOBER 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Metze President (begin 1/20) | 2.5 | $0 | |
David Hower Vice President (begin 1/20) | 2.5 | $0 | |
Phillip Foster Director | 2.5 | $0 | |
Russell Clark Director (member At Large) | 2.5 | $0 | |
Terri Mcelroy Treasurer | 2.5 | $0 | |
Donna Unger Event/conference Director | 4.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $179,409 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $179,409 |
| 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 | $86,048 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $932 |
| Other expenses | $87,587 |
| Total expenses | $174,567 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,429 |
| Other assets | $0 |
| Total assets | $124,514 |
| Total liabilities | $51,683 |
| Net assets or fund balances | $72,831 |
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