One Hundred Shares Inc is located in Atlanta, GA. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Hundred Shares 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, One Hundred Shares Inc generated $222.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $252.4k during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 9 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.
Since 2016, One Hundred Shares Inc has awarded 20 individual grants totaling $1,315,475. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE WORK OF CHRISTIAN NON-PROFIT ORGANIZATIONS IN THE ATLANTA AREA IN THE FORM OF GRANTS FOR PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JULIE'S DREAM INC.: JULIES DREAM'S MISSION IS TO GIVE CHILDREN IN UNDER- RESOURCED COMMUNITIES IN ATLANTA THE HOPE AND LOVE OF JESUS CHRIST THROUGH AWE-INSPIRING WILDERNESS EXPERIENCES AND OUTDOOR ADVENTURES. THE PURPOSE OF OHS'S GRANT OF 50,000 WILL PURCHASE A NEW 15-PASSENGER VAN TO EXPAND SERVICES FOR ACADEMIC YEAR PROGRAMMING.
TO SUPPORT THE WORK OF CHRISTIAN NON-PROFIT ORGANIZATIONS IN THE ATLANTA AREA IN THE FORM OF GRANTS FOR PROJECTS.
FAMILY HERITAGE FOUNDATION: THE MISSION OF FAMILY HERITAGE FOUNDATION IS TO HELP UNDER-PRIVILEGED CHILDREN AND THEIR FAMILIES BY PROVIDING ENRICHMENT AND OUTREACH PROGRAMS THAT MEET THEIR NEEDS. THE PURPOSE OF OHS'S GRANT OF 75,000 WILL PURCHASE A PASSENGER VAN TO EXPAND PROGRAM TRANSPORTATION SERVICES. THE GRANT WILL ALSO BE USED TO UPGRADE THEIR ON-SITE FOOD PANTRY.
ORCHARD AKA ATLANTA COMMUNITY MINISTRIES: ORCHARD HELPS CHRIST-FOLLOWERS LAUNCH AND LEAD CREATIVE INITIATIVES SERVING THOSE IN NEED. THE PURPOSE OF OHS'S GRANT OF 95,000 WILL ENHANCE AND DEVELOP TECHNOLOGY AND CURRICULUM AIMED AT TRAINING AND LAUNCHING ONE HUNDRED NEW CHRIST-CENTERED MINISTRIES OVER THE NEXT 10 YEARS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anne Irwin CEO | Officer | 4 | $0 |
Lucinda Lewis Secretary | Officer | 4 | $0 |
Venita Mitchell CFO | Officer | 4 | $0 |
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 | $217,380 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $217,380 |
Total Program Service Revenue | $4,240 |
Investment income | $397 |
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 | $222,769 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $220,000 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $13,943 |
Advertising and promotion | $0 |
Office expenses | $4,046 |
Information technology | $828 |
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 | $12,331 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $252,398 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $188,021 |
Savings and temporary cash investments | $15,266 |
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 | $1,075 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $204,362 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $204,362 |
Total liabilities and net assets/fund balances | $204,362 |
Over the last fiscal year, One Hundred Shares Inc has awarded $220,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
JULIE'S DREAM INC PURPOSE: PURCHASE VEHICLES | $50,000 |
FAMILY HERITAGE FOUNDATION PURPOSE: PURCHASE VEHICLES | $75,000 |
ORCHARD AKA ATLANTA COMMUNITY MINIS PURPOSE: LAUNCH NEW PROGRAMS | $95,000 |