Falcon Childrens Home Of The Pentecostal Holiness Church Inc
- Assets
- $12.9m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 111
- Location
- Falcon, NC
- Founding
- 02/1964
- Data as of
- 06/2015
- EIN
- 56-0582024
Organization Overview
Falcon Childrens Home Of The Pentecostal Holiness Church Inc is located in Falcon, NC. The organization was established in 1964. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2015, Falcon Childrens Home Of The Pentecostal Holiness Church Inc employed 111 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Falcon Childrens Home Of The Pentecostal Holiness Church Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TEMPORARY CHILDREN'S REFUGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
A CHILDREN'S HOME FOR THE CARE AND FEEDING OF UP TO 75 CHILDREN FROM TROUBLED HOMES AND FAMILIES. MAINLY ABUSED AND NEGLECTED CHILDREN AGES 3-21 REFERRED FROM LOCAL SOCIAL SERVICES AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph T Leggett CEO | Officer | 45 | $125,218 |
Tommy Mcghee Board Member | OfficerTrustee | $0 | |
Jimmy Whitfield Chairman | Officer | $0 | |
Doyle Marley Board Member | Trustee | $0 | |
Doug Beacham Board Member | Trustee | $0 | |
Greg Amos Vice Chairma | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,141,685 |
| Investment income | $153,121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,569 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,683,744 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $2,032,094 |
| Pension plan accruals and contributions | $83,982 |
| Other employee benefits | $336,168 |
| Payroll taxes | $152,924 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $588 |
| Fees for services: Accounting | $20,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,109 |
| Fees for services: Other | $10,567 |
| Advertising and promotion | $16,236 |
| Office expenses | $2,021 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $232,725 |
| Travel | $15,637 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,855 |
| Interest | $29,129 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $244,825 |
| Insurance | $175,325 |
| All other expenses | $0 |
| Total functional expenses | $4,647,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,923,886 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $319,087 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $77,512 |
| Prepaid expenses and deferred charges | $54,614 |
| Investments—publicly traded securities | $2,217,114 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,947,149 |
| Accounts payable and accrued expenses | $137,344 |
| 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 | $2,589,608 |
| Other liabilities | $0 |
| Total liabilities | $2,726,952 |
| Net assets without donor restrictions | $10,049,444 |
| Net assets with donor restrictions | $170,753 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $10,220,197 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Falcon Childrens Home Of The Pentecostal Holiness Church Inc has recieved totaling $76,257.
| Awarding Organization | Amount |
|---|---|
Cumberland Community Foundation Inc Fayetteville, NC PURPOSE: CHARITABLE GIFT | $40,423 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $30,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,755 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $79 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inreach Charlotte, NC | $7,913,848 | $23,092,110 |
Childrens Hope Alliance Barium Springs, NC | $38,599,237 | $18,471,668 |
Holston United Methodist Home For Children Inc Greeneville, TN | $27,641,839 | $16,110,226 |
Mur-Ci Homes Inc Antioch, TN | $9,901,370 | $14,568,313 |
Thornwell Clinton, SC | $68,857,237 | $15,147,057 |
Connie Maxwell Childrens Home Greenwood, SC | $133,286,632 | $13,776,005 |
Progress Inc Nashville, TN | $6,116,091 | $11,389,774 |
Comserv Inc Lenoir, NC | $7,960,502 | $13,511,547 |
United Cerebral Palsy Of South Carolina Inc Atlanta, GA | $9,682,843 | $13,275,605 |
Jackson Feild Homes Incorporated Jarratt, VA | $3,320,402 | $10,783,518 |
Umar Services Inc Charlotte, NC | $7,962,133 | $8,938,499 |
Horizons Residential Care Center Inc Rural Hall, NC | $8,329,986 | $8,523,055 |