Teen Age Research Services Foundation
- Assets
- $24.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Manassas, VA
- Founding
- 05/1993
- Data as of
- 12/2018
- EIN
- 54-1661491
Organization Overview
Teen Age Research Services Foundation is located in Manassas, VA. The organization was established in 1993. 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. Teen Age Research Services Foundation 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 12/2018, Teen Age Research Services Foundation generated $10.8k 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 (7.5%) each year. All expenses for the organization totaled $69.2k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (3.5%) 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
2018
Describe the Organization's Program Activity:
Part 3
TEEN AGE RESEARCH SERVICES FOUNDATION ORIENTS ITS RESEARCH AND EDUCATIONAL ACTIVITIES TOWARD TEENAGERS TO IMBUE A STRONG SENSE OF CIVIC DUTY SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Gilbert President | 20 | $0 | |
Joyce H Armendaris Secretary | 1 | $0 | |
Carol Browning Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,806 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,830 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,038 |
| Professional fees and other payments to independent contractors | $2,435 |
| Occupancy, rent, utilities, and maintenance | $6,773 |
| Printing, publications, postage, and shipping | $4,128 |
| Other expenses | $38,846 |
| Total expenses | $69,220 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,259 |
| Other assets | $0 |
| Total assets | $24,259 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,259 |