Belmont Trolley Incorporated
- Assets
- $268.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belmont, NC
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 47-3587308
Organization Overview
Belmont Trolley Incorporated is located in Belmont, NC. The organization was established in 2015. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belmont Trolley Incorporated 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 12/2021, Belmont Trolley Incorporated generated $71.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $3.4k during the year ending 12/2021. While expenses have increased by 11.3% per year over the past 5 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
FURTHER RESOTRATION EFFORTS OF HISTORIC TROLLEY TO RETURN TO SERVICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rod Smallwood Treasurer | 5 | $0 | |
Rob Pressley President | 5 | $0 | |
Nate Wells Vice President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,883 |
| 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 | $71,883 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,373 |
| Total expenses | $3,373 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $158,926 |
| Other assets | $0 |
| Total assets | $268,238 |
| Total liabilities | $0 |
| Net assets or fund balances | $268,238 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Belmont Trolley Incorporated has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Gaston Community Foundation Gastonia, NC PURPOSE: GENERAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Arts Inc Atlanta, GA | $7,711,292 | $5,611,811 |
Acorn Center For Restoration And Freedom Inc Covington, GA | $134,681 | $1,087,049 |
South Fulton Institute Inc Atlanta, GA | $1,909,108 | $891,815 |
Destination Cleveland County Inc Shelby, NC | $7,052,846 | $848,896 |
Jeniam Ii Foundation Memphis, TN | $1,092,809 | $484,239 |
Friends Of The Hunley Inc North Charleston, SC | $1,463,625 | $893,536 |
Tenants And Workers United Inquilinos Y Trabajadores Unidos Alexandria, VA | $1,287,907 | $1,136,060 |
Cool Spring Downtown District Inc Fayetteville, NC | $404,618 | $773,790 |
Creativets Nashville, TN | $484,880 | $860,430 |
The Arts Council Of Moore County Inc Southern Pines, NC | $756,104 | $891,925 |
American Mental Health Counselors Assoc Alexandria, VA | $515,954 | $884,107 |
International Entertainment Buyers Association Nashvile, TN | $1,235,911 | $821,103 |