The Premier Foundation
- Assets
- $1.8m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 4
- Location
- Greer, SC
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 56-2066166
Organization Overview
The Premier Foundation, operating under the name Premier Arts Collective, is located in Greer, SC. The organization was established in 2015. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Premier Arts Collective employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Premier Arts Collective 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, Premier Arts Collective generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.7% each year . All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 36.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Premier Arts Collective has awarded 39 individual grants totaling $9,781,434. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PREMIER FOUNDATION IS AN INTERNATIONAL CHRISTIAN NON-PROFIT ORGANIZATION COMMITTED TO MISSIONARY WORK, FOOD, CLOTHING AND SHELTER FOR POOR AS WELL AS ANY OTHER CHARITABLE NEEDS AS MAY ARISE, INCLUDING THE OFFERING OF HEALING AND THERAPY THROUGH THE ARTS AND MUSIC TO SERVE THE UNDERPRIVILEGED AND THOSE AFFECTED BY TRAUMA AND ABUSE.
Describe the Organization's Program Activity:
IN 2021, PREMIER FOUNDATION HAD DIRECT IMPACT ON A NUMBER OF ORGANIZATIONS AND PROJECTS INCLUDING: DETROIT MICHIGAN: SUPPORTED THE MINISTRY AND MISSION ACTIVITIES THROUGH PERSONNEL SUPPORT AND FEEDING PROGRAMS IN CONJUNCTION WITH THE K-LOVE DETROIT HOPE CENTER. GREENVILLE, SOUTH CAROLINA: SERVED THE VETERAN COMMUNITY IN SOUTH CAROLINA THROUGH OUR SUPPORT OF FELLOW COUNTRYMEN AND UPSTATE WARRIOR SOLUTION. SUPPORT ART AND MUSIC THERAPY PROGRAMS FOR ORGANIZATIONS SUCH AS JULIE VALENTINE CENTER AND SET FREE ALLIANCE. NASSAU BAHAMAS: SUPPORTED FEEDING AND CLOTHING EFFORTS OF THE HOMELESS, ORPHANED, ELDERLY AND UNDERPRIVILEGED. SUPPORTED ART AND MUSIC THERAPY PROGRAMS FOR ELIZABETH ESTATES CHILDREN'S HOME. COZUMEL, MEXICO: SUPPORTED ART AND MUSIC THERAPY PROGRAMS FOR OUR MINISTRY PARTNERS. SAN SALVADOR, EL SALVADOR: SUPPORTED CONTINUING DEVELOPMENT OF A MUSIC SCHOOL TO SERVE THE POOR THROUGH MUSIC THERAPY. NORTH TEXAS FOOD BANK: SUPPORTED FOOD DISTRIBUTION EFFORTS.MEALS ON WHEELS OF COLIN COUNTY: SUPPORTED FOOD DISTRIBUTION EFFORTSSAMARATIN INN, TEXAS: SUPPORTED THE MINISTRY SERVING THE HOMELESS.SAFEHAVEN, TEXAS: SUPPORTED THE ORGANIZATION SERVING VICTIMS OF DOMESTIC VIOLENCE. NEW ORLEANS LOUISIANA: SUPPORTED THE EFFORTS OF MOUNT NEBO CHURCH AND COMMUNITY CENTER IN THE LOWER NINTH WARD IN NEW ORLEANS. USO: RESPONDED TO THE NEED OF OUR MILITARY SERVICE PEOPLE.SUPPORTED VARIOUS GLOBAL MINISTRY EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene Krcelic President | OfficerTrustee | 50 | $200,035 |
Gary Gentry Trustee | Trustee | 1 | $0 |
Andy Coburn Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $70,190 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,547,956 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,618,146 |
| Total Program Service Revenue | $0 |
| Investment income | $5,027 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,457 |
| Net Income from Fundraising Events | -$4,810 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,688,296 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,959,434 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $401,197 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $200,035 |
| Compensation of current officers, directors, key employees. | $25,004 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $100,461 |
| Pension plan accruals and contributions | $7,916 |
| Other employee benefits | $0 |
| Payroll taxes | $19,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,397 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,029 |
| Advertising and promotion | $19,931 |
| Office expenses | $1,866 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,054 |
| Travel | $20,607 |
| 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 | $25,018 |
| All other expenses | $0 |
| Total functional expenses | $3,065,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,647,112 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,642 |
| 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 | $48,350 |
| Investments—publicly traded securities | $60,628 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,757,732 |
| Accounts payable and accrued expenses | $496 |
| 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 | $496 |
| Net assets without donor restrictions | $0 |
| 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 | $1,757,236 |
| Total liabilities and net assets/fund balances | $1,757,732 |
Grants Awarded
Over the last fiscal year, The Premier Foundation has awarded $1,959,434 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES OF THE DIOCESE OF AGANA DBA CATHOLIC SOCIAL SERVICE PURPOSE: OPERATIONAL SUPPORT | $450,000 |
Mckinney, TX PURPOSE: OPERATIONAL SUPPORT | $300,000 |
Arlington, TX PURPOSE: OPERATIONAL SUPPORT | $225,000 |
Mckinney, TX PURPOSE: OPERATIONAL SUPPORT | $225,000 |
Chicago Ridge, IL PURPOSE: OPERATIONAL SUPPORT | $225,000 |
THE 1950 A K-LOVE HOPE CENTER PURPOSE: OPERATIONAL SUPPORT | $111,500 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that The Premier Foundation has recieved totaling $495,566.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $260,048 |
Eagle Shadows Mckinney, TX PURPOSE: UNRESTRICTED | $150,000 |
Educational Media Foundation Rocklin, CA PURPOSE: CHRISTIAN OUTREACH & EVANGELISM | $75,000 |
Project 58 Lexington, NC PURPOSE: CHARITABLE | $5,463 |
Dobson Tape Ministry Greenville, SC PURPOSE: FUND OPER | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
South Carolina Christian Foundation Spartanburg, SC | $40,412,678 | $17,223,785 |
Cabarrus Cooperative Christian Ministry Inc Concord, NC | $3,832,033 | $7,565,999 |
Providence Ministries Inc Dalton, GA | $6,212,621 | $7,183,854 |
Clover Garden School Inc Burlington, NC | $26,998,192 | $6,754,546 |
Marc Group Inc Emp Ben Pl Hendersonville, NC | $202,500 | $5,540,252 |