Childrens Home Society Foundation Inc
- Assets
- $21.5m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 09/1979
- Data as of
- 06/2022
- EIN
- 58-1368919
Organization Overview
Childrens Home Society Foundation Inc is located in Greensboro, NC. The organization was established in 1979. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Home Society 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 06/2022, Childrens Home Society Foundation Inc generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $54.2k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HOLD FUNDS CONTRIBUTED FOR THE SUPPORT OF THE CHILDREN'S HOME SOCIETY OF NC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING ORGANIZATION OF CHILDREN'S HOME SOCIETY OF NORTH CAROLINA, INC., A RELATED 501(C)(3) ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Youngblood President | OfficerTrustee | 1 | $0 |
John B Morris Past President | OfficerTrustee | 1 | $0 |
Brian K Maness Secretary/treasurer | Officer | 5 | $0 |
Cathy Levinson Board Member | Trustee | 1 | $0 |
Mary Sheppard Board Member | Trustee | 1 | $0 |
David Shuford Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,000,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,498 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,014,498 |
| Total Program Service Revenue | $0 |
| Investment income | $370,583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$223,077 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,162,004 |
| 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 | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,250 |
| Fees for services: Investment Management | $38,212 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,000 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,702 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $54,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $648,684 |
| Savings and temporary cash investments | $5,781,253 |
| Pledges and grants receivable | $18,406 |
| Accounts receivable, net | $21,960 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $277,324 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $13,123,189 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,650,990 |
| Total assets | $21,521,806 |
| Accounts payable and accrued expenses | $0 |
| 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 | $277,324 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $277,324 |
| Net assets without donor restrictions | $20,538,879 |
| Net assets with donor restrictions | $705,603 |
| 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 | $21,521,806 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Childrens Home Society Foundation Inc has recieved totaling $17,010.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $17,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Real Property Holdings Inc Charlotte, NC | $53,988,196 | $19,881,979 |
Communities In Schools Of North Carolina Inc Raleigh, NC | $8,297,246 | $8,586,637 |
Lutheran Homes Of South Carolina Foundation Inc Irmo, SC | $47,033,372 | $5,922,264 |
The Arc Davidson County & Greater Nashville Nashville, TN | $1,667,294 | $2,925,688 |
Thrift Alliance Nashville, TN | $769,764 | $2,756,268 |
Virginia Baptist Homes Foundation Inc Glen Allen, VA | $12,836,580 | $2,666,939 |
Center For Developmental Services D-B-A Cds Greenville, SC | $1,715,779 | $2,187,540 |
Goodwin House Foundation Alexandria, VA | $20,888,847 | $5,521,365 |
Georgia Youth Homes Foundation Madison, GA | $25,002,046 | $1,469,118 |
Friends Of Caroline Hospice Of Beaufort Inc Ridgeland, SC | $9,149,146 | $2,113,389 |
Christian Service Charities Inc Alexandria, VA | $0 | $1,688,792 |
Charlotte Rescue Mission Social Enterprise Charlotte, NC | $538,263 | $1,007,088 |