Backers Of Lexington Debate Inc
- Assets
- $307.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 10/2005
- Data as of
- 06/2023
- EIN
- 81-0672536
Organization Overview
Backers Of Lexington Debate Inc is located in Lexington, MA. The organization was established in 2005. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Backers Of Lexington Debate 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, Backers Of Lexington Debate Inc generated $127.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $166.9k during the year ending 06/2023. While expenses have increased by 17.9% per year over the past 3 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
DEBATE PROGRAM EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vijaya Nelavelli President | 10 | $0 | |
Kavitha Chivukula Treasurer | 6 | $0 | |
Yajuan Zhao Secretary | 1 | $0 | |
Rituparna Chatterjee Asst Treasurer | 4 | $0 | |
Matthew Schnall Director | 1 | $0 | |
Sheryl Kaczmarek Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,124 |
| Total Program Service Revenue | $78,696 |
| Membership dues | $0 |
| Investment income | $92 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,912 |
| 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 | $66,334 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $92 |
| Other expenses | $11,954 |
| Total expenses | $166,877 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $307,722 |
| Other assets | $0 |
| Total assets | $307,722 |
| Total liabilities | $6,102 |
| Net assets or fund balances | $301,620 |