Southwire Cares Inc

Organization Overview

Southwire Cares Inc is located in Carrollton, GA. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwire Cares 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, Southwire Cares Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 9 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.

Since 2020, Southwire Cares Inc has awarded 16 individual grants totaling $239,861. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE EMERGENCY ASSISTANCE TO EMPLOYEES OF SOUTHWIRE COMPANY WHOFACE FINANCIAL HARDSHIP AND TO FUND PROGRAMS BENEFITTING THE COMMUNITYIN WHICH EMPLOYEES LIVE AND WORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVISION OF EMERGENCY ASSISTANCE TO SOUTHWIRE COMPANY EMPLOYEES FACINGFINANCIAL HARDSHIPS.


ASSISTANCE TO COMMUNITY PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Jason Pollard
President
$0
Jamie Lewis
Vice-President
$0
Jonathan Neal
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$726,719
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,392,704
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,119,423
Total Program Service Revenue$0
Investment income $7,132
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 $2,126,555

Grants Awarded

Over the last fiscal year, Southwire Cares Inc has awarded $61,935 in support to 4 organizations.

Grant RecipientAmount

TOYS FOR TOTS

PURPOSE: COMMUNITY PROGRAM

$44,740

FEEDING AMERICA

PURPOSE: COMMUNITY PROGRAM

$6,185

BREAST CANCER RESEARCH FOUNDATION

PURPOSE: COMMUNITY PROGRAM

$5,505

HOPE FOR THE JOURNEY

PURPOSE: COMMUNITY PROGRAM

$5,505
View Grant Profile

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