Social Education For Economic Development Initiative
- Assets
- $42.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- Data as of
- 12/2022
- EIN
- 85-1846442
Organization Overview
Social Education For Economic Development Initiative is located in Richmond, VA. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Education For Economic Development Initiative 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 12/2022, Social Education For Economic Development Initiative generated $32.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (40.0%) each year. All expenses for the organization totaled $55.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Moseley II Director And Trainer | 30 | $13,000 | |
Jillian Bennett Administrative Assistant | 27 | $7,113 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $32,366 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,366 |
| 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 | $41,843 |
| Occupancy, rent, utilities, and maintenance | $9,170 |
| Printing, publications, postage, and shipping | $5 |
| Other expenses | $4,877 |
| Total expenses | $55,895 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,523 |
| Other assets | $0 |
| Total assets | $42,523 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,523 |