One Hundred Shares Birmingham is located in Birmingham, AL. The organization was established in 2018. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Hundred Shares Birmingham 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, One Hundred Shares Birmingham generated $179.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $161.3k during the year ending 12/2022. While expenses have increased by 9.4% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION DONATED $100,000 TO THE LOVELADY CENTER, A TRANSITIONAL FACILITY THAT EMPOWERS WOMEN TO RETURN TO SOCIETY, THAT WAS USED TO RENOVATE THE AFTERCARE AREA FOR THEIR SCHOOL-AGED CHILDREN IN ORDER TO GIVE THEM A SAFE AND NURTURING ENVIRONMENT. THE ORGANIZATION ALSO DONATED $50,000 TO M-POWER MINISTRIES, AN ORGANIZATION TO HELP PEOPLE DEVELOP THE TOOLS NEEDED TO BREAK THE CYCLE OF POVERTY, TO MODERNIZE AND REFURBISH THE HEALTH AND EDUCATION CENTER'S AVONDALE FACILITIES IN ORDER TO GIVE PATIENTS AND STUDENTS A HEALTHY, ENCOURAGING, AND DIGNIFYING ENVIRONMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shawn Grubb Board Chairman | 2 | $0 | |
Tracey Mckenzie Board Co-Chairman | 1 | $0 | |
Kristi Stein Secretary | 1 | $0 | |
Gail Stevens Treasurer | 2 | $0 | |
Lisa Hapgood Co-Treasurer | 1 | $0 | |
Cindy Harsh Grants Chairman | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $179,020 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $270 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $179,290 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,645 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,605 |
Total expenses | $161,250 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $66,625 |
Other assets | $0 |
Total assets | $66,625 |
Total liabilities | $0 |
Net assets or fund balances | $66,625 |