Searcy Childrens Home Inc

Organization Overview

Searcy Childrens Home Inc, operating under the name Sparrows Promise, is located in Searcy, AR. The organization was established in 1987. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 12/2022, Sparrows Promise employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sparrows Promise 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 12/2022, Sparrows Promise generated $393.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $366.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING HOPE FOR CHILDREN AND FAMILIES IN THE ARKANSAS CHILD WELFARE SYSTEM PROVIDE FOSTER CARE, SUPERVISED VISITATION SERVICES, A SAFE SPACE FOR CHILDREN TO REST WHILE WAITING ON A FOSTER FAMILY AND TRAINING FOR FOSTER FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PLANTING SEEDS OF HOPE IN CHILDREN AND FAMILIES, PROVIDING TOOLS FOR SPIRITUAL, PHYSICAL, INTELLECTUAL, EMOTIONAL AND SOCIAL GROWTH THROUGH FOSTER CARE, ADOPTIONS AND MATERNITY SERVICES


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Board, Officers & Key Employees

Name (title)Compensation
Tammy Hall
Treasurer
$0
Andrew Baker
Chairman
$0
Mike Mcgalliard
Trustee
$0
Jill Davis
Secretary
$0
John Henderson
Trustee
$0
Shana Jones
Trustee
$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$386,080
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$386,080
Total Program Service Revenue$0
Investment income $7,594
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 $393,674

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Searcy Childrens Home Inc has recieved totaling $30,168.

Awarding OrganizationAmount
Tri S Foundation

Bentonville, AR

PURPOSE: PROGRAM SUPPORT

$30,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$168
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$76,050
Earnings-$11,162
Ending Balance$64,888

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