Berean Childrens Home Inc
- Assets
- $2.5m
- Revenue
- $587.3k
- Investments
- $0.0
- Employees
- 9
- Location
- Bogue Chitto, MS
- Founding
- 01/2004
- Data as of
- 12/2022
- EIN
- 20-0269990
Organization Overview
Berean Childrens Home Inc is located in Bogue Chitto, MS. The organization was established in 2004. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 12/2022, Berean Childrens Home Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berean Childrens Home 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, Berean Childrens Home Inc generated $587.3k 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 (3.9%) each year. All expenses for the organization totaled $752.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSING TO ADOLESCENT CHILDREN IN A CHRISTIAN BASED ENVIRONMENT WHILE TEACHING SPIRITUAL AND MORAL VALUES, DEVELOPING INTELLECT, EMPHASIZING CITIZENSHIP, AND SEEING TO THE SOCIAL, MENTAL AND PHYSICAL DEVELOPMENT OF THE CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOME PROVIDES HOUSING TO CHILDREN AND ASSISTS THEM IN ACHIEVING EXCELLENCE, MATURING SPIRITUALLY, INTELLECTUALLY, EMOTIONALLY, SOCIALLY, AND PHYSICALLY. THE CHILDREN RECEIVE GROUP AND INDIVIDUAL THERAPY AND COUNSELING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Brown Director | Trustee | $0 | |
William Case Director | Trustee | $0 | |
Mark Davis Director | Trustee | $0 | |
Wendell Davis Director | OfficerTrustee | $0 | |
Wade Hammack Director | Trustee | $0 | |
Jim Hart Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $87,183 |
| All other contributions, gifts, grants, and similar amounts not included above | $429,416 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $516,599 |
| Total Program Service Revenue | $0 |
| Investment income | -$17,756 |
| 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 | $587,275 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $253,071 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,023 |
| Payroll taxes | $19,912 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,448 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,913 |
| Office expenses | $20,158 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $98 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $52,502 |
| All other expenses | $93,857 |
| Total functional expenses | $752,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $481,924 |
| 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 | $45,024 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,907,618 |
| Investments—publicly traded securities | $96,978 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $6,341 |
| Other assets | $7,245 |
| Total assets | $2,545,130 |
| Accounts payable and accrued expenses | $40,788 |
| 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 | $40,788 |
| Net assets without donor restrictions | $2,496,695 |
| Net assets with donor restrictions | $7,647 |
| 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 | $2,545,130 |