Faith Based And Community Initiatives Foundation

Organization Overview

Faith Based And Community Initiatives Foundation is located in Chattanooga, TN. The organization was established in 2019. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Faith Based And Community Initiatives Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith Based And Community Initiatives Foundation 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 06/2022, Faith Based And Community Initiatives Foundation generated $441.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $373.7k during the year ending 06/2022. 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

TO LEVERAGE THE CAPACITY OF FAITH COMMUNITIES AND NONPROFITS, MAXIMIZE EFFECTIVE SOLUTIONS, ACCELERATE BEST PRACTICES, AND CELEBRATE OUTSTANDING EFFORTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED TRANFORMATIVE SOLUTIONS TO IMPROVE THE LIVES FOR FELLOW TENNESSEANS DURING THE PAST YEAR THROUGH IMPLEMENATION OF THOSE PRESCRIBED SOLUTIONS AND BEST PRACTICES.


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Board, Officers & Key Employees

Name (title)Compensation
Dave Worland
Executive Director
$190,923
Fred Decosimo
Secretary Director
$0
Ginger Eley
Chair Director
$0
Iris Ray
Director
$0
Tyrone Burroughs
Director
$0
Lang Wiseman
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$441,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$441,500
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 $441,500

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Faith Based And Community Initiatives Foundation has recieved totaling $157,000.

Awarding OrganizationAmount
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: SUPPORT

$75,000
Chattanooga Christian Community Foundation

Chattanooga, TN

PURPOSE: IN FURTHERANCE OF FOUNDATION'S PURPOSES

$37,000
Servant Foundation

Overland Park, KS

PURPOSE: COMMUNITY DEVELOPMENT

$25,000
Frank J B & Emma S Varallo Foundation Tr

Chattanooga, TN

PURPOSE: OPERATING FUNDS

$15,000
Maclellan Foundation Inc

Chattanooga, TN

PURPOSE: DELIVERY AND DISTRIBUTION OF RESOURCES.

$5,000
View Grant Recipient Profile

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