Calm Seas Inc
- Assets
- $206.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Benton, AR
- Founding
- 06/1991
- Data as of
- 06/2022
- EIN
- 58-1933651
Organization Overview
Calm Seas Inc is located in Benton, AR. The organization was established in 1991. 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. Calm Seas 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 06/2022, Calm Seas Inc generated $95.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $99.8k during the year ending 06/2022. While expenses have increased by 6.5% 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
2022
Describe the Organization's Program Activity:
Part 3
HUD HOUSING COMPLEX WITH 10 UNITS FOR MENTALLY ILL RESIDENTS THAT MEET INCOME GUIDELINES SET BY US DEPT OF HUD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judge Ted Capeheart Chairman | 0.1 | $0 | |
Bill Hinson Secretary | 0.1 | $0 | |
Thomas R Butler Member | 0.1 | $0 | |
Josh Farmer Member | 0.1 | $0 | |
Jacqueline Ross Member | 0.1 | $0 | |
Tyler Blair Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $95,689 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $131 |
| Total Revenue | $95,820 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,513 |
| Professional fees and other payments to independent contractors | $7,906 |
| Occupancy, rent, utilities, and maintenance | $50,345 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,044 |
| Total expenses | $99,808 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $205,964 |
| Total liabilities | $151,123 |
| Net assets or fund balances | $54,841 |
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