Sparta Revitalization Committee is located in Sparta, NC. The organization was established in 2000. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Sparta Revitalization Committee 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 06/2020, Sparta Revitalization Committee generated $39.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (21.1%) each year. All expenses for the organization totaled $26.8k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (30.4%) per year over the past 3 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
2020
Describe the Organization's Program Activity:
Part 3
TOWN OF SPARTA ALLOCATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Miles Vice President | 0 | $0 | |
George White Secretary | 0 | $0 | |
John Kilmartin Treasurer | 0 | $0 | |
Karen Leys President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,720 |
| Other Revenue | $0 |
| Total Revenue | $39,720 |
| Statement of Expenses | |
|---|---|
| Total expenses | $26,786 |
| Balance Sheet | |
|---|---|
| Total assets | $47,335 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,335 |