Friends Of Lake Lanier Inc
- Assets
- $32.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Loganville, GA
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 82-1484856
Organization Overview
Friends Of Lake Lanier Inc is located in Loganville, GA. The organization was established in 2017. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Lake Lanier 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 12/2023, Friends Of Lake Lanier Inc generated $21.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (27.6%) each year. All expenses for the organization totaled $15.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (33.8%) per year over the past 2 years. 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 |
|---|---|---|---|
Alysia Cahn Acting President | 1 | $0 | |
Timothy Baker Treasurer | 5 | $0 | |
Rhea Asper Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,589 |
| 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 | $21,785 |
| 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 | $1,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,131 |
| Total expenses | $15,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,591 |
| Other assets | $0 |
| Total assets | $32,112 |
| Total liabilities | $261 |
| Net assets or fund balances | $31,851 |