Downtown Sherman Preservation And Revitalization Inc
- Assets
- $41.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman, TX
- Founding
- 06/1994
- Data as of
- 12/2022
- EIN
- 75-2449354
Organization Overview
Downtown Sherman Preservation And Revitalization Inc is located in Sherman, TX. The organization was established in 1994. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Sherman Preservation And Revitalization 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 12/2022, Downtown Sherman Preservation And Revitalization Inc generated $58.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $56.5k during the year ending 12/2022. While expenses have increased by 6.9% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Walker President | 1 | $0 | |
Ben Crouse Vice President | 1 | $0 | |
Shannon Gladen Treasurer | 1 | $0 | |
Bri Berry Secretary | 1 | $0 | |
Clay Mahone Board Member | 1 | $0 | |
Stacy Rake Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,405 |
| Total Program Service Revenue | $2,573 |
| Membership dues | $26,545 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$53,816 |
| Other Revenue | $2,849 |
| Total Revenue | $58,556 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $41,290 |
| Occupancy, rent, utilities, and maintenance | $2,595 |
| Printing, publications, postage, and shipping | $1,719 |
| Other expenses | $10,919 |
| Total expenses | $56,523 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,064 |
| Other assets | $0 |
| Total assets | $41,064 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,064 |