Douglas County Resources Inc
- Assets
- $53.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austell, GA
- Founding
- 11/1978
- Data as of
- 06/2023
- EIN
- 58-1269417
Organization Overview
Douglas County Resources Inc is located in Austell, GA. The organization was established in 1978. 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. Douglas County Resources Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2023, Douglas County Resources Inc generated $85.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $103.9k during the year ending 06/2023. While expenses have increased by 5.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
HUD PROGRAM TO OPERATE AND MAINTAIN GROUP HOMES FOR THE BENEFIT OF THE MENTALLY CHALLENGED. HUD REGULATES RENTAL CHARGES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,083 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,094 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,394 |
| Professional fees and other payments to independent contractors | $21,678 |
| Occupancy, rent, utilities, and maintenance | $50,617 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,248 |
| Total expenses | $103,937 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,701 |
| Other assets | $0 |
| Total assets | $53,500 |
| Total liabilities | $136,256 |
| Net assets or fund balances | -$82,756 |