Our Foundation For Children Inc
- Assets
- $3.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 06/2001
- Data as of
- 12/2023
- EIN
- 22-3778518
Organization Overview
Our Foundation For Children Inc is located in Charlotte, NC. The organization was established in 2001. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Foundation For Children 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, Our Foundation For Children Inc generated $327.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (42.8%) each year. All expenses for the organization totaled $483.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (39.5%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION MISSION RESTS ON 4 CORNERSTONES: IMPROVEMENTOF THE FAMILY, COMMUNITY, EDUCATION OPPORTUNITIES AND CULTURE AWARENESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Lane President | 10 | $0 | |
Clair Lane Director-Mgr. | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $304 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $23 |
| Total Revenue | $327 |
| 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 | $165 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $318 |
| Total expenses | $483 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,692 |
| Other assets | $0 |
| Total assets | $3,019 |
| Total liabilities | $483 |
| Net assets or fund balances | $2,536 |