Settle The Debt
- Assets
- $18.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gainesville, VA
- Founding
- 11/2019
- Data as of
- 12/2020
- EIN
- 84-3145180
Organization Overview
Settle The Debt is located in Gainesville, VA. The organization was established in 2019. According to its NTEE Classification (K12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Settle The Debt 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, Settle The Debt generated $71.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $65.8k during the year ending 12/2020. 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
PAY OFF OF STUDENT LUNCH DEBTS
PAY OFF OF STUDENT LUNCH DEBTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adelle Settle Director | 10 | $0 | |
Ryan Sawyers Director | 1 | $0 | |
Courtney Marzban Director | 1 | $0 | |
Debra Roulier Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,523 |
| 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 | $71,523 |
| 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 | $4,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,313 |
| Total expenses | $65,813 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,690 |
| Other assets | $0 |
| Total assets | $18,690 |
| Total liabilities | $616 |
| Net assets or fund balances | $18,074 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Settle The Debt has recieved totaling $899.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $599 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foodshed Capital Charlottesville, VA | $2,948,071 | $1,313,116 |
Fort Bragg Schools Cafeteria Fund Fort Bragg, NC | $1,942,170 | $1,264,110 |
Holli Fund Richmond, VA | $163,893 | $368,277 |
Run 5 Feed 5 Trinity, NC | $134,969 | $0 |
Settle The Debt Gainesville, VA | $18,690 | $0 |
Betteralife Inc Purcellville, VA | $24,626 | $0 |
A Recipe To End Hunger And Need Inc Louisville, KY | $34,443 | $0 |
Slow Money Nc Pittsboro, NC | $111,198 | $0 |
Crystal Coast Corks & Forks Inc Atlantic Beach, NC | $15,249 | $25,728 |
Handful Of Purpose Harrison, TN | $6,071 | $0 |
Positively West Virginia Inc Clarksburg, WV | $9,586 | $0 |