Fayetteville Area Operationinasmuch
- Assets
- $1.6m
- Revenue
- $714.5k
- Investments
- $0.0
- Employees
- 21
- Location
- Fayetteville, NC
- Founding
- 03/2007
- Data as of
- 06/2022
- EIN
- 20-5444512
Organization Overview
Fayetteville Area Operationinasmuch is located in Fayetteville, NC. The organization was established in 2007. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Fayetteville Area Operationinasmuch employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fayetteville Area Operationinasmuch 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 06/2022, Fayetteville Area Operationinasmuch generated $714.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $707.4k during the year ending 06/2022. While expenses have increased by 7.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ASSISTANCE TO INDIVIDUALS IN NEED IN FAYETTEVILLE, NC AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CONSTRUCTION AND OTHER ASSISTANCE TO INDIVIDUALS IN NEED
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Mike Garrett President | OfficerTrustee | $0 | |
Emily Perry Secretary | OfficerTrustee | $0 | |
David Ross Vice Preside | OfficerTrustee | $0 | |
Eddie Waren Treasurer | OfficerTrustee | $0 | |
Kelly Blankenship Director | Trustee | $0 | |
Robin Candido Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $598,142 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $598,142 |
| Total Program Service Revenue | $0 |
| Investment income | $72 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $714,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $404,983 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $32,698 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,527 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,930 |
| Insurance | $20,357 |
| All other expenses | $60,179 |
| Total functional expenses | $707,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $370,732 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,253,068 |
| Investments—publicly traded securities | $14,850 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,233 |
| Total assets | $1,640,883 |
| Accounts payable and accrued expenses | $9,182 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,182 |
| Net assets without donor restrictions | $1,401,090 |
| Net assets with donor restrictions | $230,611 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,640,883 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fayetteville Area Operationinasmuch has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Anonymous Trust Raleigh, NC PURPOSE: GRANTS FOR GENERAL OPERATING SUPPORT (20,000 CHALLENGE; 40,000 OUTRIGHT) | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homes Of Hope Inc Greenville, SC | $52,743,040 | $8,879,901 |
Dhic Inc Raleigh, NC | $31,965,470 | $6,009,696 |
Habitat For Humanity International Leesburg, VA | $1,817,454 | $3,499,520 |
Promise Development Corporation Memphis, TN | $5,823,077 | $3,033,896 |
Habitat For Humanity International Inc Fredericksburg, VA | $1,919,221 | $2,299,173 |
Crossroads Corp For Affordable Housing And Community Dev Inc Charlotte, NC | $3,590,675 | $1,496,977 |
Millbrook Homes Inc Winstonsalem, NC | $1,657,494 | $820,182 |
Hampton Roads Housing Assistants Inc Chesapeake, VA | $311,808 | $1,030,750 |
Champions Community Foundation Inc Johns Creek, GA | $6,758,980 | $1,049,035 |
Fayetteville Area Operationinasmuch Fayetteville, NC | $1,640,883 | $714,527 |
Community Housing Services Agency Inc Savannah, GA | $5,401,354 | $1,041,756 |
Housing Partnerships Inc Williamsburg, VA | $802,371 | $474,871 |