Elm Foundation Inc
- Assets
- $2.2m
- Revenue
- $554.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Newnan, GA
- Founding
- 08/2005
- Data as of
- 12/2021
- EIN
- 20-1726630
Organization Overview
Elm Foundation Inc is located in Newnan, GA. The organization was established in 2005. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elm Foundation 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 12/2021, Elm Foundation Inc generated $554.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 56.1% each year . All expenses for the organization totaled $167.1k during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT THE BIBLICAL TEACHINGS AND TRAININGS OF THE EXCHANGED LIFE, PRIMARILY THROUGH THE AUSPICES OF CHRISTIAN FAMILIES TODAY, ANOTHER FAITH-BASED MINISTRY WHOSE TEACHINGS AND TRAININGS ARE BASED UPON THE EXCHANGED LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Beau V Brezina Secretary | 1 | $17,400 | |
Dr Randal M Cox Trustee | 0 | $0 | |
Mr Gregory Brezina President | 0 | $0 | |
Mr William B Bunn Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $192 |
| Dividends & Interest | $29,886 |
| Net Rental Income | -$8,980 |
| Net Gain on Sale of Assets | $517,502 |
| Capital Gain Net Income | $517,502 |
| Net ST Capital Gain | $600 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,891 |
| Total Revenue | $554,471 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $17,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $182 |
| Taxes | $2,079 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,895 |
| Total operating and administrative expenses | $32,056 |
| Contributions, gifts, grants paid | $135,000 |
| Total expenses and disbursements | $167,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,755 |
| Savings and temporary cash investments | $710,618 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $456,454 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,169,343 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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Womans Missionary Union Auxiliary To Southern Baptist Convention Birmingham, AL | $13,110,480 | $5,427,562 |
Church Of God Foundation Inc Cleveland, TN | $42,707,821 | $2,900,531 |
Catholic Foundation Of The Diocese Of St Augustine Inc Jacksonville, FL | $41,451,427 | $1,253,234 |
Family Christian Resource Centers Inc Alpharetta, GA | $59,520,586 | $1,549,000 |
First Baptist Church Foundation Charleston, SC | $17,785,302 | $743,678 |