Water Lily Society Inc
- Assets
- $51.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, VA
- Founding
- 09/1986
- Data as of
- 12/2023
- EIN
- 52-1421765
Organization Overview
Water Lily Society Inc is located in Greenville, VA. The organization was established in 1986. According to its NTEE Classification (C42) the organization is classified as: Garden Clubs, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Water Lily Society 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 12/2023, Water Lily Society Inc generated $46.2k 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 (6.0%) each year. All expenses for the organization totaled $49.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 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 |
|---|---|---|---|
Jeannie Suffern President | 10 | $0 | |
Suzanne Boom Secretary | 10 | $0 | |
Tish Folsom Executive Director | 4 | $4,800 | |
James Bennett Treasurer | 4 | $0 | |
Sander Dekker Vice President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $31,229 |
| Membership dues | $14,728 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $199 |
| Total Revenue | $46,156 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,800 |
| Professional fees and other payments to independent contractors | $375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7,876 |
| Other expenses | $36,567 |
| Total expenses | $49,618 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,296 |
| Other assets | $0 |
| Total assets | $51,849 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,849 |