DC Accounting Lab is located in Washington, DC. DC Accounting Lab 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 12/2021, DC Accounting Lab generated $81.2k in total revenue. All expenses for the organization totaled $100.4k during the year ending 12/2021. While expenses have increased by 120.6% 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
2021
Describe the Organization's Program Activity:
Part 3
THE FINANCIAL SERVICES PROGRAMS SUCCESSFULLY PROCESSED FEDERAL AND STATE FINANCIAL PANDEMIC ASSISTANCE APPLICATIONS FOR SMALL TO MIDDLE MARKET BUSINESS OWNERS INCLUDING SBA ECONOMIC INCOME DISASTER RECOVERY LOANS (EIDL), PAYMENT PROTECTION PROGRAM (PPP), HEALTH AND HUMAN SERVICES GRANTS (HHS) AND NUMEROUS FORGIVABLE GRANT AWARDS; SECURING MORE THAN $500,000 IN CRITICAL FINANCIAL ASSISTANCE FOR SMALL BUSINESSES DURING FY2020.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $81,185 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,185 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,375 |
| Professional fees and other payments to independent contractors | $17,383 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $33 |
| Other expenses | $21,579 |
| Total expenses | $100,405 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,673 |
| Other assets | $0 |
| Total assets | $18,673 |
| Total liabilities | $875 |
| Net assets or fund balances | $17,798 |