Forbidden Shields Rc
- Assets
- $85.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Johnsonville, TN
- Founding
- Data as of
- 12/2023
- EIN
- 87-3075024
Organization Overview
Forbidden Shields Rc is located in New Johnsonville, TN. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forbidden Shields Rc 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, Forbidden Shields Rc generated $30.3k 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 (29.8%) each year. All expenses for the organization totaled $15.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (45.7%) 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 |
|---|---|---|---|
Terry Morgan President | 15 | $0 | |
Jeff Lackey Vice-President | 15 | $0 | |
Shea Locke Secretry | 15 | $0 | |
Anthony Pruitt Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,019 |
| Total Program Service Revenue | $0 |
| Membership dues | $14,190 |
| Investment income | $0 |
| Gain or Loss | $4,370 |
| Net Income from Gaming & Fundraising | -$3,306 |
| Other Revenue | $0 |
| Total Revenue | $30,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,200 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $13,310 |
| Printing, publications, postage, and shipping | $518 |
| Other expenses | $0 |
| Total expenses | $15,028 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,250 |
| Other assets | $0 |
| Total assets | $85,603 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,603 |