Causeway Inc
- Assets
- $24.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 7
- Location
- Chattanooga, TN
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 80-0589392
Organization Overview
Causeway Inc is located in Chattanooga, TN. The organization was established in 2011. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Causeway Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Causeway 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 12/2021, Causeway Inc generated $46.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (42.9%) each year. All expenses for the organization totaled $21.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (61.6%) per year over the past 3 years. 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
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY PROGRAMS AND SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Scarbrough President | 0.5 | $0 | |
Phil Rowdy Vice Chair | 0.25 | $0 | |
April Holland Secretary | 0.25 | $0 | |
Eric Brown Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,332 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,332 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,630 |
| Professional fees and other payments to independent contractors | $3,990 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,995 |
| Total expenses | $21,615 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,806 |
| Other assets | $0 |
| Total assets | $24,806 |
| Total liabilities | $591 |
| Net assets or fund balances | $24,215 |
Grants Awarded
Over the last fiscal year, Causeway Inc has awarded $20,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JA HENRY YMCA PURPOSE: OPERATE THE BINGO'S MARKET IN PATTEN TOWERS | $7,500 |
CHATTANOOGA THEATRE CENTER PURPOSE: GENERAL OPERATING | $7,000 |
YOUNG LADIES OF POWER PURPOSE: GENERAL OPERATING | $6,000 |