Precipice Recovery And Relief Inc
- Assets
- $77.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, VA
- Founding
- Data as of
- 12/2023
- EIN
- 87-3759195
Organization Overview
Precipice Recovery And Relief Inc is located in Springfield, VA. According to its NTEE Classification (K19) the organization is classified as: Support N.E.C., 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. Precipice Recovery And Relief Inc 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, Precipice Recovery And Relief Inc generated $181.6k 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 (4.6%) each year. All expenses for the organization totaled $197.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
RELIEF SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Wolf Board President | 10 | $0 | |
Kenneth T Nelson Sr Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,594 |
| 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 | $181,594 |
| 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 | $5,700 |
| Occupancy, rent, utilities, and maintenance | $37 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $191,301 |
| Total expenses | $197,050 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,364 |
| Other assets | $0 |
| Total assets | $77,614 |
| Total liabilities | $206 |
| Net assets or fund balances | $77,408 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sacha Sauda Foundation Inc Potomac, MD | $9,429,990 | $245,761 |
Precipice Recovery And Relief Inc Springfield, VA | $77,614 | $0 |
Rutherford Building Agricultural Relationships Now Inc Forest City, NC | $24,839 | $0 |
Polk County 4-H And Youth Foundation Inc Columbus, NC | $686,406 | $42,211 |
Living Waters Fresh Produce Inc New Bern, NC | $11,087 | $0 |