Eliada Foundation Inc is located in Asheville, NC. The organization was established in 2004. 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. Eliada 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 06/2021, Eliada Foundation Inc generated $135.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $432.7k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EXIST AND OPERATE EXCLUSIVELY AS A SUPPORTING ORGANIZATION OF ELIADA HOMES, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELIADA FOUNDATION, INC. HOLDS ASSETS (REAL ESTATE AND INVESTMENTS) ON BEHALF OF ELIADA HOMES, INC. ELIADA HOMES, INC., SERVES CHILDREN OF NORTH CAROLINA THROUGH A VARIETY OF THERAPEUTIC PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Rainwater Chair | OfficerTrustee | 3 | $0 |
Cynthia Dawn Davis-Bryant CEO | OfficerTrustee | 1 | $0 |
Coreen Doble Director | Trustee | 1 | $0 |
Mary Cade Mainwaring Director | Trustee | 1 | $0 |
Lorin G Page Treasurer | Trustee | 2 | $0 |
Shelia Elingburg Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Carl M Lewis General Contractor | 6/29/15 | $154,338 |
Bb Barnes Landscape Company Inc Landscaping | 6/29/15 | $106,961 |
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 | $37,463 |
Noncash contributions included in lines 1a–1f | $29,605 |
Total Revenue from Contributions, Gifts, Grants & Similar | $37,463 |
Total Program Service Revenue | $0 |
Investment income | $69,656 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $28,400 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $135,519 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $137,706 |
Grants and other assistance to domestic individuals. | $2,189 |
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 | $2,675 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $10,500 |
Fees for services: Other | $2,253 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $277,163 |
Insurance | $0 |
All other expenses | $205 |
Total functional expenses | $432,691 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $83,987 |
Savings and temporary cash investments | $26,900 |
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 | $1,337,181 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $7,472,455 |
Investments—publicly traded securities | $1,096,819 |
Investments—other securities | $1,296,565 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $11,313,907 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $9,548,422 |
Net assets with donor restrictions | $1,765,485 |
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 | $11,313,907 |
Over the last fiscal year, we have identified 2 grants that Eliada Foundation Inc has recieved totaling $10,020.
Awarding Organization | Amount |
---|---|
Community Foundation Of Henderson County Inc Hendersonville, NC | | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $20 |
Beg. Balance | $1,846,020 |
Earnings | $545,182 |
Net Contributions | $29,769 |
Ending Balance | $2,420,971 |
Organization Name | Assets | Revenue |
---|---|---|
Goodwill Industries Of The Valley Works Roanoke, VA | $35,659,269 | $106,358,357 |
Youth Villages Foundation Inc Memphis, TN | $339,159,403 | $27,952,778 |
Community Investments Foundation Charlotte, NC | $101,933,737 | $21,788,464 |
Westminister-Canterbury Management Corporation Richmond, VA | $220,702,749 | $15,246,749 |
United Methodist Manor Of The Pee Dee Florence, SC | $35,528,661 | $13,881,726 |
Hospice Of Chattanooga Foundation Chattanooga, TN | $0 | $886,666 |
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 |