Newnan-Coweta Angels House Inc
- Assets
- $1.3m
- Revenue
- $285.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Newnan, GA
- Founding
- 03/2001
- Data as of
- 06/2022
- EIN
- 31-1753947
Organization Overview
Newnan-Coweta Angels House Inc is located in Newnan, GA. The organization was established in 2001. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newnan-Coweta Angels House 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 06/2022, Newnan-Coweta Angels House Inc generated $285.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $237.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 7 years. 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
THE ORGANIZATION'S MISSION IS (1) TO PROVIDE A SAFE AND SECURE ENVIRONMENT FOR OUR CHILDREN SO THAT EMOTIONAL HEALING AND DEVELOPMENT OF PERSONAL AND FAMILY LIVING SKILLS MAY OCCUR; (2) TO MAXIMIZE THE POTENTIAL OF CHILDREN WHO ARE EXPERIENCING SOCIAL AND EMOTIONAL DIFFICULTIES; AND (3) TO PROVIDE A SAFE HOME DESIGNATED TO MEET THE SPECIAL NEEDS OF CHILDREN IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A SAFE AND SECURE GROUP FOSTER HOME FOR DISPLACED CHILDREN IN THE LOCAL COMMUNITY AND SURROUNDING COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Searcy Vice Preside | OfficerTrustee | $0 | |
Anne Smith Treasurer | OfficerTrustee | $0 | |
Kate Goodson Secretary | OfficerTrustee | $0 | |
Cortney Lyle President | OfficerTrustee | $0 | |
Barbara Chandler Director | Trustee | $0 | |
Paige Paul Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $121,800 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,231 |
| Noncash contributions included in lines 1a–1f | $16,933 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,031 |
| Total Program Service Revenue | $0 |
| Investment income | $41,488 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $27,011 |
| Net Income from Fundraising Events | -$9,397 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $285,167 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $115,410 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,510 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $144 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,639 |
| 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 | $33,076 |
| Insurance | $6,510 |
| All other expenses | $3,984 |
| Total functional expenses | $237,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,550 |
| Savings and temporary cash investments | $41,443 |
| 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 | $1,000 |
| Net Land, buildings, and equipment | $101,386 |
| Investments—publicly traded securities | $1,063,845 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,377 |
| Total assets | $1,309,601 |
| Accounts payable and accrued expenses | $1,207 |
| 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 | $10,510 |
| Total liabilities | $11,717 |
| Net assets without donor restrictions | $1,156,185 |
| Net assets with donor restrictions | $141,699 |
| 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 | $1,309,601 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Newnan-Coweta Angels House Inc has recieved totaling $154.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $154 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knox Area Rescue Ministries Knoxville, TN | $20,292,191 | $22,883,471 |
Miami Rescur Mission Broward Outreach Centers Inc Miami, FL | $28,818,894 | $17,146,687 |
Nashville Rescue Mission Nashville, TN | $37,816,884 | $20,187,859 |
Lords Place Inc West Palm Beach, FL | $31,681,290 | $13,733,660 |
St Matthews House Inc Naples, FL | $47,342,847 | $18,573,834 |
Broward Partnership For The Homeless Inc Fort Lauderdale, FL | $11,825,164 | $15,103,298 |
Sundari Foundation Inc Miami Beach, FL | $10,261,561 | $14,225,346 |
Eastern Carolina Homelessness Organization Inc Myrtle Beach, SC | $3,922,932 | $13,355,938 |
One-Eighty Place Charleston, SC | $19,059,150 | $17,424,004 |
Waterfront Rescue Mission Inc Pensacola, FL | $22,275,311 | $19,399,994 |
The Next Door Nashville, TN | $9,790,699 | $10,091,124 |
Downtown Rescue Mission Inc Huntsville, AL | $14,737,773 | $10,441,439 |