Farm House Fraternity Inc is located in Spokane Valley, WA. The organization was established in 1960. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Farm House Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Farm House Fraternity Inc generated $67.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $53.1k during the year ending 06/2022. While expenses have increased by 5.2% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE HOUSING FOR LOCAL FRATERNITY CHAPTER MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Tisch Treasurer/se | 1 | $0 | |
Ryan Nottingham President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $234 |
Total Program Service Revenue | $28,791 |
Membership dues | $0 |
Investment income | $38,645 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $67,670 |
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 | $610 |
Occupancy, rent, utilities, and maintenance | $24,894 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $27,584 |
Total expenses | $53,088 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $61,058 |
Other assets | $0 |
Total assets | $110,861 |
Total liabilities | $2,100 |
Net assets or fund balances | $108,761 |
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