American Afc Inc
- Assets
- -$11.0
- Revenue
- $6.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Hillman, MI
- Founding
- 06/2004
- Data as of
- 12/2022
- EIN
- 04-3753749
Organization Overview
American Afc Inc is located in Hillman, MI. The organization was established in 2004. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Afc 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 12/2022, American Afc Inc generated $6.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (25.6%) each year. All expenses for the organization totaled $6.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (25.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Mcgahan President | 0 | $0 | |
Lisa Mcgahan Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,184 |
| Total Revenue | $6,184 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,850 |
| Printing and publications | $0 |
| Other expenses | $180 |
| Total operating and administrative expenses | $6,180 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $6,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$11 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | -$11 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spaulding For Children Southfield, MI | $7,623,371 | $10,216,119 |
Cadence Care Network Niles, OH | $3,603,274 | $7,911,630 |
Ohio Teaching-Family Association Swanton, OH | $1,062,390 | $6,784,090 |
Children Have Options In Caring Environments Inc Dayton, OH | $1,950,175 | $5,061,139 |
Caring For Kids Inc Cuyahoga Falls, OH | $2,258,086 | $5,059,020 |
Anu Family Services Inc Hudson, WI | $1,968,643 | $4,725,579 |
Sojourners Care Network Mcarthur, OH | $2,182,507 | $4,193,596 |
Agape For Youth Inc Dayton, OH | $567,683 | $3,755,664 |
Youth Advocate Services Columbus, OH | $2,471,574 | $3,206,451 |
House Of Providence Oxford, MI | $4,144,149 | $3,471,318 |
A New Leaf Inc Kingston, OH | $2,017,359 | $3,341,527 |
Kids Count Too Inc Bowling Green, OH | $1,092,528 | $2,905,225 |