The Portals Inc
- Assets
- $335.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 11/1987
- Data as of
- 03/2023
- EIN
- 57-0827184
Organization Overview
The Portals Inc is located in Greenville, SC. The organization was established in 1987. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portals 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 03/2023, Portals Inc generated $160.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $97.7k during the year ending 03/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE PORTALS IS AN APARTMENT COMPLEX CONSISTING OF 20 UNITS RENTED TO MENTALLY HANDICAPPED INDIVIDUALS. THE COMPLEX OPERATES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Redlinger Executive Director | 0.1 | $0 | |
Fred Carpenter Chair | 0.1 | $0 | |
Tony Sanchez Director | 0.1 | $0 | |
Mary Allison Zimmerman Director | 0.1 | $0 | |
Labarbara Sampson Director | 0.1 | $0 | |
Dawn Dwyer Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $160,324 |
| Membership dues | $0 |
| Investment income | $47 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $160,371 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,528 |
| Professional fees and other payments to independent contractors | $3,960 |
| Occupancy, rent, utilities, and maintenance | $24,078 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,124 |
| Total expenses | $97,690 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,266 |
| Other assets | $0 |
| Total assets | $335,241 |
| Total liabilities | $296,797 |
| Net assets or fund balances | $38,444 |