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Sylo

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 830495868 ✦ Somerset, TX ✦ Designated as a 501(c)(3)

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Overview

What is Sylo?

Sylo, as stated in the provided information, is a nonprofit organization situated in Somerset, Texas. Their primary objective is to raise funds through various events held throughout the year. This collected revenue is then used to support the local 4-H and FFA youth in the area. The organization's mission revolves around financially backing these young individuals, fostering their growth and development within these programs.

Is Sylo legitimate?

Sylo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sylo submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Sylo?

The organization known as Sylo has a mission to collect funds through various annual events. This mission is primarily aimed at providing support to the local 4-H and FFA youth in their area. The funds raised are utilized for this purpose, serving as a crucial resource for these young individuals. By doing so, Sylo plays a significant role in fostering their growth and development.

Who is the CEO of Sylo?

Doug Black is the President of Sylo.

What is the revenue of Sylo?

Sylo's revenue in 2023 was $39,408.

Who are the executives of Sylo and what are their salaries?


Here are 5 key members and their salaries:


Doug Black (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Villanueva (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Hansen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Black (Correspondence Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Cogburn (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Sylo?

Sylo's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Sylo

Sylo, an organization by name, is dedicated to a noble cause. Its primary mission is to raise funds through various events held annually. This mission serves a specific purpose: to support young individuals affiliated with 4-H and FFA in the Somerset area of Texas. By organizing these events and successfully raising funds, Sylo is able to contribute financially to the growth and development of these youth groups. This mission underscores Sylo's commitment to nurturing the next generation in their agricultural pursuits, thereby empowering them to make a positive impact in their local community.

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Impact




August, 2024

Sylo's impact is instrumental in supporting local 4-H and FFA youth in the Somerset, Texas area. By organizing various events throughout the year to raise funds, Sylo ensures that these young individuals have the necessary resources and support to thrive in their agricultural endeavors. The organization plays a vital role in fostering the development of youth in agriculture and promoting their success.




This information is meant to be a general summary of Sylo. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$39,408 (2023)
Expenses
$30,870 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $64,692

Assets and Liabilities:

  • Total Assets: $17,116
  • Total Liabilities: $0
  • Net Assets: $17,116

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Organization Details

Principal Officer

Doug Black

Main Address

PO BOX 266, SOMERSET, TX, 78069

NTEE Category

Code: K26 - Food

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