Savoreux Development Foundation Inc
- Assets
- $6.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/1995
- Data as of
- 12/2022
- EIN
- 52-1853540
Organization Overview
Savoreux Development Foundation Inc is located in Washington, DC. The organization was established in 1995. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Savoreux Development Foundation 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 12/2022, Savoreux Development Foundation Inc generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (40.8%) each year. All expenses for the organization totaled $2.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (49.7%) per year over the past 4 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
INTRODUCING YOUNG PEOPLE TO MULTIFACETED BUSINESS OFARTS, MUSIC, AND ENTERTAINMENT INDUSTRY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| 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 | $5,000 |
| 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 | $1,747 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $809 |
| Total expenses | $2,556 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,787 |
| Other assets | $0 |
| Total assets | $6,787 |
| Total liabilities | $2,898 |
| Net assets or fund balances | $3,889 |