Treasured Vessels Foundation
- Assets
- $761.0k
- Revenue
- $744.4k
- Investments
- $0.0
- Employees
- 8
- Location
- Frisco, TX
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 46-3947870
Organization Overview
Treasured Vessels Foundation, operating under the name F-K-A Chosen Family, is located in Frisco, TX. The organization was established in 2014. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 12/2021, F-K-A Chosen Family employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. F-K-A Chosen Family 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 12/2021, F-K-A Chosen Family generated $744.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 43.7% each year . All expenses for the organization totaled $617.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TREASURED VESSLES FOUNDATION IS DEVOTED TO PROVIDING A LONG-TERM SAFE PLACE FOR HEALING AND GROWTH TO INDIVIDUALS IMPACTED BY TRAUMA FROM EXPLOITATION IN SEX TRAFFICKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TREASURED VESSELS FOUNDATION IS DEVOTED TO PROVIDING A LONG-TERM SAFE PLACE FOR HEALING AND GROWTH TO INDIVIDUALS IMPACTED BY TRAUMA FROM EXPLOITATION IN SEX TRAFFICKING..
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Bush CEO President | OfficerTrustee | 40 | $0 |
David Beckett Director | Trustee | 1 | $0 |
Dugan Kelley Director | Trustee | 1 | $0 |
Jaime Cabrera Director | Trustee | 1 | $0 |
Kate Valent Director | Trustee | 1 | $0 |
Tamiel Kenney Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $107,900 |
| Membership dues | $0 |
| Fundraising events | $145,143 |
| Related organizations | $0 |
| Government grants | $394,602 |
| All other contributions, gifts, grants, and similar amounts not included above | $6 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $647,651 |
| Total Program Service Revenue | $99,704 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $744,355 |
| 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 | $213,707 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,897 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,420 |
| 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 | $15,952 |
| Information technology | $2,466 |
| Royalties | $0 |
| Occupancy | $26,473 |
| Travel | $1,282 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,542 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,000 |
| Insurance | $12,721 |
| All other expenses | $103,159 |
| Total functional expenses | $617,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $314,836 |
| 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 | $2,500 |
| Net Land, buildings, and equipment | $443,691 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $761,027 |
| Accounts payable and accrued expenses | $31,795 |
| 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 | $233,681 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $265,476 |
| Net assets without donor restrictions | $381,402 |
| Net assets with donor restrictions | $114,149 |
| 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 | $761,027 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Treasured Vessels Foundation has recieved totaling $113,324.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $67,350 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $19,569 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: JUSTICE | $13,450 |
Ninnie L Baird Foundation Fort Worth, TX PURPOSE: TECH EQUIPMENT & SECURITY SYSTEM | $11,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $605 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family & Childrens Service Inc Tulsa, OK | $98,637,541 | $93,726,425 |
Arkansas Support Network Inc Springdale, AR | $7,815,906 | $32,715,852 |
Centers For Youth And Families Inc Little Rock, AR | $16,763,038 | $23,040,130 |
Family Service Association San Antonio, TX | $25,406,121 | $24,158,700 |
Sunbeam Family Services Inc Oklahoma City, OK | $29,685,111 | $20,512,660 |
Gulf Coast Teaching Family Services Incorporated Metairie, LA | $8,813,901 | $14,214,700 |
All Faiths Albuquerque, NM | $12,930,132 | $9,403,704 |
Family Service Center At Houston And Harris County Houston, TX | $4,044,292 | $5,375,449 |
Parent Child Center Of Tulsa Inc Tulsa, OK | $4,040,349 | $4,809,536 |
New Orleans Family Justice Alliance Inc New Orleans, LA | $1,660,298 | $4,581,133 |
Jones Center For Families Inc Springdale, AR | $19,146,253 | $5,651,307 |
American Indian Cultural Center Foundation Oklahoma City, OK | $17,807,997 | $4,962,101 |