Douglas County Ventures Inc
- Assets
- $89.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austell, GA
- Founding
- 03/1985
- Data as of
- 06/2023
- EIN
- 58-1574833
Organization Overview
Douglas County Ventures Inc is located in Austell, GA. The organization was established in 1985. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Douglas County Ventures 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 06/2023, Douglas County Ventures Inc generated $91.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $100.3k during the year ending 06/2023. While expenses have increased by 1.4% per year over the past 6 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 THE RENTAL CHARGES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $91,365 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,371 |
| 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 | $22,848 |
| Occupancy, rent, utilities, and maintenance | $32,593 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,435 |
| Total expenses | $100,270 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $89,635 |
| Total liabilities | $257,372 |
| Net assets or fund balances | -$167,737 |