Appalachian Community Development Core Inc
- Assets
- $20.2k
- Revenue
- $10.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Hazard, KY
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-1925378
Organization Overview
Appalachian Community Development Core Inc is located in Hazard, KY. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appalachian Community Development Core 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 12/2021, Appalachian Community Development Core Inc generated $10.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (53.8%) each year. All expenses for the organization totaled $5.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (57.0%) per year over the past 5 years. 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 PROVIDE SUPPORTIVE SERVICES TO THE OPERATIONS OF FOUNDATION FOR APPALACHIAN KENTUCKY INC., AN EXEMPT ORGANIZATION UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORTIVE SERVICES TO THE OPERATIONS OF FOUNDATION FOR APPALACHIAN KENTUCKY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brook T Smith Chairman | OfficerTrustee | 1 | $0 |
Chrissy Fiscus Secretary/treasurer | OfficerTrustee | 1 | $0 |
Gerry Roll Board Member | Trustee | 1 | $0 |
Joel Brashear Board Member | Trustee | 1 | $0 |
Baylen Campbell Board Member | Trustee | 1 | $0 |
Drura Parrish Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,800 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,800 |
| Total Program Service Revenue | $0 |
| 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 | $10,800 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,140 |
| 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 | $25 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,188 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,188 |
| Accounts payable and accrued expenses | $160 |
| 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 | $160 |
| Net assets without donor restrictions | $20,028 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $20,188 |
Grants Awarded
Over the last fiscal year, Appalachian Community Development Core Inc has awarded $110,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY AGRICULTURAL NUTRITIONAL ENTERPRISES INC PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $75,000 |
CANE PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 |
GROW APPALACHIA PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 |
LESLIE COUNTY AFFILIATE OF FAKY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 |
THE ARTS ALLIANCE PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 |
NEW BEGINNINGS DAY CARE PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Appalachian Community Development Core Inc has recieved totaling $10,800.
| Awarding Organization | Amount |
|---|---|
Foundation For Appalachian Kentucky Inc Hazard, KY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Genyouth Inc Rosemont, IL | $9,087,915 | $10,980,091 |
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Sondheimer Family Charitable Foundation Wilmette, IL | $0 | $30,820 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
John Joseph Sigstein Foundation Inc Huntington, IN | $0 | $2,327,854 |
Illinois Tool Works Foundation Glenview, IL | $328,623 | $8,500,000 |
Willow Springs Charitable Tr Mt Carroll, IL | $100,115,931 | $21,339,853 |
Hamill Family Foundation Chicago, IL | $55,305,054 | $6,054,241 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |