Davis Center Community Foundation
- Assets
- $48.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Parksley, VA
- Founding
- Data as of
- 12/2022
- EIN
- 85-2168750
Organization Overview
Davis Center Community Foundation is located in Parksley, VA. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Davis Center Community Foundation 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, Davis Center Community Foundation generated $63.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $29.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (55.6%) per year over the past 2 years. 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 |
|---|---|---|---|
Aya Ofunniyin Director | 8 | $0 | |
Doreen Simmons Operations Coordinator | 30 | $0 | |
Tamyra Jones Office Administrator | 25 | $5,473 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,161 |
| 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 | $63,161 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,273 |
| Professional fees and other payments to independent contractors | $5,979 |
| Occupancy, rent, utilities, and maintenance | $6,219 |
| Printing, publications, postage, and shipping | $256 |
| Other expenses | $9,989 |
| Total expenses | $29,221 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,672 |
| Other assets | $0 |
| Total assets | $48,672 |
| Total liabilities | $33,436 |
| Net assets or fund balances | $15,236 |