Cape Fear River Assembly Inc
- Assets
- $108.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fayetteville, NC
- Founding
- 07/1975
- Data as of
- 06/2024
- EIN
- 51-0141466
Organization Overview
Cape Fear River Assembly Inc is located in Fayetteville, NC. The organization was established in 1975. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cape Fear River Assembly 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 06/2024, Cape Fear River Assembly Inc generated $62.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $75.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (17.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Braman President | 2 | $0 | |
Greg Flory Vice President | 2 | $0 | |
Janet Macfall Treasurer | 2 | $0 | |
Gloria Lengel Secretary | 2 | $0 | |
Mccayne Miller Executive Director | 20 | $28,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,652 |
| Total Program Service Revenue | $17,946 |
| Membership dues | $33,034 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7 |
| Total Revenue | $62,639 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,000 |
| Professional fees and other payments to independent contractors | $5,488 |
| Occupancy, rent, utilities, and maintenance | $715 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,035 |
| Total expenses | $75,238 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,529 |
| Other assets | $0 |
| Total assets | $108,329 |
| Total liabilities | $791 |
| Net assets or fund balances | $107,538 |