Habitual Roots Inc is located in Charlotte, NC. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Habitual Roots 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, Habitual Roots Inc generated $141.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $138.0k during the year ending 12/2023. While expenses have increased by 29.5% 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Budlong Board Member | 2 | $0 | |
Joey Walsh Board Member | 2 | $0 | |
James Lord Board Member | 2 | $0 | |
Justin Ervin Board Chair And Treasurer | 35 | $6,688 | |
Kevin Wong Board VP And Secretary | 25 | $30,642 | |
Allison Bratsch Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,062 |
| Total Program Service Revenue | $86,155 |
| Membership dues | $33,842 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,988 |
| Other Revenue | $292 |
| Total Revenue | $141,339 |
| 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 | $93,483 |
| Occupancy, rent, utilities, and maintenance | $2,814 |
| Printing, publications, postage, and shipping | $982 |
| Other expenses | $40,683 |
| Total expenses | $137,962 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,855 |
| Other assets | $0 |
| Total assets | $42,855 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,855 |