Stable Resources

Organization Overview

Stable Resources is located in Gastonia, NC. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Stable Resources employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stable Resources 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, Stable Resources generated $240.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $195.7k during the year ending 12/2021. While expenses have increased by 37.5% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FACILITATE GROWTH AND HEALING TO INDIVIDUALS, COUPLES, AND TEAMS IN THE FOLLOWING AREAS: EMOTIONAL, SPIRITUAL, MENTAL AND PHYSICAL WELLBEING

Describe the Organization's Program Activity:

Part 3 - Line 4a

COUNSELING AND COACHING


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Board, Officers & Key Employees

Name (title)Compensation
Chad Mcghee
Director
$49,835
Kristy Mcghee
Secretary
$30,395
Jeff Hendley
Director/chair
$0
Stephen Jobe
Director
$0
Michael Knotts
Director
$0
Emily Knotts
Director
$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$194,324
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$194,324
Total Program Service Revenue$46,069
Investment income $0
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 $240,393

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Stable Resources has recieved totaling $2,142.

Awarding OrganizationAmount
The David Belk Cannon Foundation

Gastonia, NC

PURPOSE: GENERAL SUPPORT

$2,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$142
View Grant Recipient Profile

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