My Sisters Place Of Gainesville Inc
- Assets
- $1.3m
- Revenue
- $950.6k
- Investments
- $0.0
- Employees
- 35
- Location
- Gainesville, GA
- Founding
- 01/2003
- Data as of
- 12/2023
- EIN
- 16-1619238
Organization Overview
My Sisters Place Of Gainesville Inc is located in Gainesville, GA. The organization was established in 2003. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, My Sisters Place Of Gainesville Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. My Sisters Place Of Gainesville 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 12/2023, My Sisters Place Of Gainesville Inc generated $950.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $701.4k during the year ending 12/2023. While expenses have increased by 20.2% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE A HAVEN FOR A FRESH START FOR HOMELESS WOMEN AND CHILDREN BY PROVIDING TEMPORARY HOUSING AND THE TOOLS AND RESOURCES TO HELP OUR RESIDENTS REGAIN THEIR INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMELESS SHELTER - MY SISTER'S PLACE HELPS RESTORE HOPE TO SINGLE WOMEN AND CHILDREN WHO ARE EXPERIENCING HOMELESSNESS BY PROVIDING A NURTURING SHELTER PROGRAM THAT MEETS BASIC NEEDS, PROVIDES ESSENTIAL RESOURCES, AND OFFERS WRAPAROUND SERVICES THAT HELP INCREASE INDEPENDENCE AND MOVE TOWARDS SELF- SUFFICIENCY. WE PROVIDE ENCOURAGEMENT, SPIRITUAL ENRICHMENT, AND CONNECTION WITH THE APPLICABLE COMMUNITY RESOURCES SUCH AS CHILDCARE SERVICES, HOUSING ASSISTANCE PROGRAMS, MEDICAL CARE PROVIDERS, AND MENTAL HEALTH SERVICES. DURING 2023, WE SERVED 52 WOMEN AND CHILDREN IN OUR SHELTER AND PROVIDED OVER 15,300 MEALS. ALSO, 86% OF RESIDENTS INCREASED OR MAINTAINED THEIR INCOME DURING THEIR STAY AND 91% WHO EXITED MOVED INTO PERMANENT HOUSING.
MY SISTER'S RESALE BOUTIQUE IS MORE THAN JUST A STOREFRONT - IT'S A MINISTRY. RESIDENTS OF OUR SHELTER ARE ABLE TO SHOP AT THE BOUTIQUE FOR THEIR NEEDS FREE OF CHARGE. THIS SAME OPPORTUNITY IS PROVIDED TO THOSE IN NEED WHO ARE WORKING WITH OTHER HUMAN SERVICE PROGRAMS IN THE COMMUNITY. SHOPPERS OF THE BOUTIQUE ARE ABLE TO PURCHASE GENTLY USED CLOTHING, ACCESSORIES, AND HOUSEHOLD ITEMS AT A VERY LOW AND AFFORDABLE COST, AND ALL PROCEEDS FROM THE BOUTIQUE FINANCIALLY SUPPORT THE SHELTER. IT ALSO ISN'T UNCOMMON FOR PERSONAL STORIES OF HARDSHIPS TO BE SHARED WITH STAFF AND VOLUNTEERS, WHICH ALLOWS FOR OPPORTUNITIES TO OFFER SUPPORT AND ENCOURAGEMENT.
TRANSITIONAL HOUSING - WE HAVE THREE FULLY FURNISHED APARTMENTS THAT ARE AVAILABLE FOR OUR SHELTER RESIDENTS TO TEMPORARILY RENT AT A LOW MONTHLY RATE. THIS ALLOWS THEM ADDITIONAL TIME TO CONTINUE WORKING TOWARDS INCREASING THEIR INCOME, BUILD SAVINGS FOR FUTURE EXPENSES, AND LOOK FOR AND SECURE PERMANENT HOUSING. DURING THEIR TIME WITH US, WE OFFER TRANSPORTATION ASSISTANCE,NUTRITIOUS MEALS AND OTHER BASIC NECESSITIES TO THE SINGLE WOMEN AND MOTHERS WITH CHILDREN WHOM WE SERVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Bero Executive Di | Officer | 40 | $81,171 |
Polly Bennett Member | Trustee | 5 | $0 |
Anne Dittman Member | Trustee | 1 | $0 |
Judi Garofalo Member | Trustee | 3 | $0 |
Michele Rasmussen Member | Trustee | 2 | $0 |
Galen Reavis Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $151,492 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $741,881 |
| Noncash contributions included in lines 1a–1f | $285,377 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $893,373 |
| Total Program Service Revenue | $23,275 |
| Investment income | $20,756 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,621 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,583 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $950,608 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $27,942 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,172 |
| Compensation of current officers, directors, key employees. | $40,586 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $269,814 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $31,649 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,547 |
| Fees for services: Other | $23,758 |
| Advertising and promotion | $3,952 |
| Office expenses | $19,099 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $103,923 |
| Travel | $3,961 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,941 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,059 |
| Insurance | $17,672 |
| All other expenses | $0 |
| Total functional expenses | $701,365 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,815 |
| 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 | $45,086 |
| Prepaid expenses and deferred charges | $17,345 |
| Net Land, buildings, and equipment | $499,532 |
| Investments—publicly traded securities | $565,682 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,400 |
| Total assets | $1,342,860 |
| Accounts payable and accrued expenses | $31,207 |
| Grants payable | $0 |
| Deferred revenue | $65,959 |
| 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 | $97,166 |
| Net assets without donor restrictions | $1,245,694 |
| 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 | $1,342,860 |