Onyx Business Solutions Incorporated is located in Saint Louis, MO. The organization was established in 2018. According to its NTEE Classification (W02) the organization is classified as: Management & Technical Assistance, 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. Onyx Business Solutions Incorporated 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 12/2020, Onyx Business Solutions Incorporated generated $14.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 61.5% each year . All expenses for the organization totaled $3.4k during the year ending 12/2020. While expenses have increased by 30.1% per year over the past 2 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
2020
Describe the Organization's Program Activity:
Part 3
EDUCATION OF SMALL BUSINESS OPERATIONS AND FINANCIAL LITERACY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alyce Herdon President & CEO | 0 | $0 | |
Gloriya Edwards Secretary | 0 | $0 | |
Rayla Herndon Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $350 |
| Total Program Service Revenue | $14,455 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,805 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,770 |
| Professional fees and other payments to independent contractors | $516 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $53 |
| Other expenses | $1,099 |
| Total expenses | $3,438 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,287 |
| Other assets | $0 |
| Total assets | $15,287 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,287 |
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