Serving Orphans Worldwide Inc
- Assets
- $957.4k
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 4
- Location
- Bristol, TN
- Founding
- 04/2004
- Data as of
- 12/2021
- EIN
- 04-3614613
Organization Overview
Serving Orphans Worldwide Inc is located in Bristol, TN. The organization was established in 2004. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Serving Orphans Worldwide Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Serving Orphans Worldwide 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, Serving Orphans Worldwide Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 10.3% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERVING ORPHANS WORLDWIDE BETTERS THE LIVES OF ORPHANS BY RESCUING STRUGGLING ORPHANAGES, TRAINING THEM TO PROVIDE QUALITY CARE, AND ENABLING THEM TO PURSUE SUSTAINABILITY.
Describe the Organization's Program Activity:
SERVING ORPHANS WORLDWIDE BETTERS THE LIVES OF ORPHANS BY RESCUING STRUGGLING ORPHANAGES, TRAINING THEM TO PROVIDE QUALITY CARE, AND ENABLING THEM TO PURSUE SUSTAINABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Anderson Vice Pres | OfficerTrustee | 40 | $88,858 |
Dr John Gregory President | OfficerTrustee | 5 | $0 |
Erica Enders-Stevens Board Member | Trustee | 2 | $0 |
Troy Mizell Board Member | Trustee | 2 | $0 |
Sandy Forbis Board Member | Trustee | 2 | $0 |
Mike Forbis Board Member | Trustee | 2 | $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 | $2,935,614 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,935,614 |
| Total Program Service Revenue | $0 |
| Investment income | $84 |
| 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 | -$11,845 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,923,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $88,858 |
| Compensation of current officers, directors, key employees. | $62,201 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,040 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,246 |
| Payroll taxes | $17,815 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,092 |
| Advertising and promotion | $6,047 |
| Office expenses | $29,941 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23,592 |
| 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 | $9,556 |
| All other expenses | $9,150 |
| Total functional expenses | $2,694,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $757,113 |
| Savings and temporary cash investments | $198,551 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $250 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $607 |
| Prepaid expenses and deferred charges | $845 |
| 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 | $957,366 |
| Accounts payable and accrued expenses | $5,457 |
| 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 | $5,457 |
| Net assets without donor restrictions | $897,070 |
| Net assets with donor restrictions | $54,839 |
| 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 | $957,366 |
Grants Awarded
Over the last fiscal year, Serving Orphans Worldwide Inc has awarded $71,800 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Mobile, AL PURPOSE: Financial support for orphanages | $29,900 |
Broken Arrow, OK PURPOSE: Financial support for orphanages | $29,400 |
CORD INTERNATIONAL PURPOSE: Financial support for orphanages | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Serving Orphans Worldwide Inc has recieved totaling $104,607.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $60,000 |
The United Company Foundation Bristol, VA PURPOSE: POSSIBLE STARTS NOW PROGRAM (TRADE SCHOOL OR POST-SECONDARY EDUC) | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $13,400 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,065 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $142 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Our Daily Bread Of Tennessee Inc Knoxville, TN | $2,326,524 | $13,713,547 |
Council Services Inc Americus, GA | $11,942,180 | $9,376,326 |
Harvest Texarkana Texarkana, AR | $7,563,081 | $9,692,517 |
School Nutrition Association Inc Arlington, VA | $16,052,555 | $7,166,354 |
Second Helpings Atlanta Inc Atlanta, GA | $1,164,616 | $7,933,266 |
Georgia Nutritional Services Inc Conyers, GA | $1,305,106 | $6,913,092 |
Housing First Inc Mobile, AL | $744,831 | $5,672,960 |
Arkansas Hunger Relief Alliance Inc Little Rock, AR | $5,411,113 | $5,176,832 |
Of One Accord Inc Rogersville, TN | $2,058,166 | $4,725,559 |
Presbyterian Urban Council Little Rock, AR | $124,101 | $3,323,445 |
Nashville Food Project Inc Nashville, TN | $5,206,540 | $2,809,035 |
Serving Orphans Worldwide Inc Bristol, TN | $957,366 | $2,923,853 |