Newtons Road Northwest
- Assets
- $34.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Traverse City, MI
- Founding
- 02/2020
- Data as of
- 12/2023
- EIN
- 84-3024496
Organization Overview
Newtons Road Northwest is located in Traverse City, MI. The organization was established in 2020. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Newtons Road Northwest employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newtons Road Northwest 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, Newtons Road Northwest generated $63.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.5%) each year. All expenses for the organization totaled $86.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (19.2%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
NEWTONS ROAD IS AN INDEPENDENT NONPROFIT ORGANIZATION DEDICATED TO STEM-RELATED LEARNING FOR ALL YOUTH IN THE 5 COUNTY REGION. THROUGH THESE EXPERIENCES AND CAREER EXPLORATION, WE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Myers Chair | 3 | $0 | |
Gregorgy H Johnson Vice Chairtreasurer | 1 | $0 | |
Jason Slade Board Member | 1 | $0 | |
Mike Groleau Board Member | 0.5 | $0 | |
Cody Kangas Board Member | 0.5 | $0 | |
Jay Meldrum Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,198 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,208 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,512 |
| Professional fees and other payments to independent contractors | $3,672 |
| Occupancy, rent, utilities, and maintenance | $800 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,529 |
| Total expenses | $86,883 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,951 |
| Other assets | $0 |
| Total assets | $33,951 |
| Total liabilities | $119,346 |
| Net assets or fund balances | -$85,395 |