The Charity League Of Martinsville & Henry County Virginia Inc
- Assets
- $135.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Martinsville, VA
- Founding
- 07/1940
- Data as of
- 05/2022
- EIN
- 51-0246455
Organization Overview
The Charity League Of Martinsville & Henry County Virginia Inc is located in Martinsville, VA. The organization was established in 1940. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, 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. Charity League Of Martinsville & Henry County Virginia 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 05/2022, Charity League Of Martinsville & Henry County Virginia Inc generated $49.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $45.0k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 7 years. 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
THE ORGANIZATION PROVIDES COLLEGE NEED-BASED SCHOLARSHIPSFOR STUDENTS WHO RESIDE IN MARTINSVILLE AND HENRY COUNTYVIRGINIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tiffany Anderson President | 3 | $0 | |
Brittany Scott Member Events Secretary | 3 | $0 | |
Katie Elliott 2nd Vice President | 3 | $0 | |
Keri Adkins Administrative Secretary | 3 | $0 | |
Tiffany Morton Co-Bargain Fair Chair | 3 | $0 | |
Tiffanie Hairston Vice Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,156 |
| Total Program Service Revenue | $0 |
| Membership dues | $975 |
| Investment income | $3,402 |
| Gain or Loss | $4,924 |
| Net Income from Gaming & Fundraising | $9,251 |
| Other Revenue | $0 |
| Total Revenue | $49,708 |
| 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 | $950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $255 |
| Other expenses | $14,094 |
| Total expenses | $44,999 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $135,678 |
| Other assets | $0 |
| Total assets | $135,678 |
| Total liabilities | $0 |
| Net assets or fund balances | $135,678 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Charity League Of Martinsville & Henry County Virginia Inc has recieved totaling $28,570.
| Awarding Organization | Amount |
|---|---|
Community Foundation Serving Western Virginia Roanoke, VA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $28,570 |
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