Freewishes Foundation Inc
- Assets
- $2.4m
- Revenue
- $142.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Decatur, GA
- Founding
- 03/2016
- Data as of
- 12/2020
- EIN
- 47-5635087
Organization Overview
Freewishes Foundation Inc is located in Decatur, GA. The organization was established in 2016. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freewishes Foundation 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 12/2020, Freewishes Foundation Inc generated $142.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $69.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (20.1%) per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO GIVE HOPE & PERSEVERANCE TO COMMUNITIES BY LENDING SUPPORT & MAKING DREAMS & WISHES COME ALIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE I'M A DREAMER SCHOLARSHIP INCLUDES A $2,000 COLLEGE SCHOLARSHIP, TWO TICKETS TO FUTURE'S LEGENDARY NIGHTS TOUR AND AN EXLCUSIVE I'M A DREAMER SWEATSHIRT. COLLEGE STUDENTS ENTER TO WIN THE SCHOLARSHIP BY SUBMITTING A 500- WORD ESSAY TITLED "HOW RECEIVING THIS SCHOLARSHIP WOULD BE A DREAM COME TRUE AND FOLLOWING FREEWISHES FOUNDATION ON INSTAGRAM. THE SCHOLARSHIP WENT TO 17 STUDENTS AND THE ORGANIZATION PAID THE UNIVERSITY DIRECTLY. FREEWISHES FONDATION ALSO PROVIDED SCHOLARSHIPS AND TUITIONS TO COLUMBIA HIGH SCHOOL, EAGLE'S LANDING CHRISTIAN SCHOOL TO ESNURE INCLUSIVE AND QUALITY EDUCATION FOR ALL.
THE ORGANIZATION PROVIDES HEALTH AND WELLNESS INFORMATION TO SENIORS THROUGHOUT METRO ATLANTA AND PROVIDES EDUCATION FOR STIMULATING THEIR MENTAL AND PHYSICAL HEALTH AND WELLBEING.
THE "MASK ON" CAMPAIGN PROVIDED FACE MASKS TO PEOPLE IN NEED, INCLUDING THOSE ON THE FRONT LINE DURING THE COVID-19 PANDEMIC. THE ORGANIZATION COLLABORATED WITH ATLANTA SEWING STYLE, TO MAKE AND DISTRIBUTE MEDICAL-GRADE MASKS TO HOSPITALS, RELIEF CENTERS, AND OTHER FACILITIES IN NEED ACROSS THE COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tiawanna Wilburn Vice President | OfficerTrustee | 10 | $0 |
Stephanie Jester President | OfficerTrustee | 10 | $0 |
Freda Rogers Secretary | OfficerTrustee | 2 | $0 |
Rhea Fears Treasurer | OfficerTrustee | 2 | $0 |
Allyson Jones Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $142,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,687 |
| Total Program Service Revenue | $0 |
| Investment income | $203 |
| 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 | $142,890 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $61,914 |
| 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 | $2,497 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $698 |
| Office expenses | $982 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $260 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $42 |
| Total functional expenses | $69,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,444,766 |
| 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 | $0 |
| 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 | $2,444,766 |
| Accounts payable and accrued expenses | $15,171 |
| 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 | $15,171 |
| Net assets without donor restrictions | $2,429,595 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,444,766 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Freewishes Foundation Inc has recieved totaling $8,210.
| Awarding Organization | Amount |
|---|---|
Atlanta Community Food Bank Inc Atlanta, GA PURPOSE: SEE PART IV | $8,210 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Randolph Community Service Inc Randleman, NC | $1,820,869 | $8,445,154 |
Jaars Inc Waxhaw, NC | $12,433,340 | $6,450,483 |
Dannon Project Birmingham, AL | $2,922,674 | $5,792,591 |
Pee Dee Coalition Against Domestic And Sexual Assault Florence, SC | $7,943,993 | $6,463,793 |
211 Tampa Bay Cares Inc Clearwater, FL | $2,619,145 | $5,287,939 |
Heart Of Ga Community Action Council Inc Warner Robins, GA | $1,148,335 | $3,700,784 |
Community Assistance Center Inc Atlanta, GA | $5,646,342 | $4,660,397 |
Mt Olive Community Outreach Center Inc Albany, GA | $5,405,895 | $2,935,637 |
Crisis Services Of North Alabama Huntsville, AL | $1,726,026 | $2,795,919 |
Anna Maria Island Lodge 2188 Loyal Order Of Moose Bradenton Beach, FL | $5,635,764 | $2,307,558 |
Onslow Community Outreach Inc Jacksonville, NC | $3,700,480 | $2,894,455 |
Leadership Florida Statewide Community Foundation Inc Tallahassee, FL | $4,479,499 | $2,568,005 |