Families By Choice Inc
- Assets
- $169.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Terre Haute, IN
- Founding
- 12/2008
- Data as of
- 12/2022
- EIN
- 35-2123693
Organization Overview
Families By Choice Inc is located in Terre Haute, IN. The organization was established in 2008. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Families By Choice 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 12/2022, Families By Choice Inc generated $26.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $29.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (19.0%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
TRANSITIONAL HOUSING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
A Theressa Bynum President | 50 | $0 | |
Carroll Vasbinder Vice President | 2 | $0 | |
Tomasine J Eaglin Exec Director | 50 | $0 | |
Drucella Thomas Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $974 |
| Total Program Service Revenue | $24,990 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $166 |
| Total Revenue | $26,130 |
| 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 | $2,017 |
| Occupancy, rent, utilities, and maintenance | $25,627 |
| Printing, publications, postage, and shipping | $976 |
| Other expenses | $870 |
| Total expenses | $29,490 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,094 |
| Other assets | $0 |
| Total assets | $169,404 |
| Total liabilities | $19,298 |
| Net assets or fund balances | $150,106 |