Foundations For Families Inc
- Assets
- $25.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Petoskey, MI
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 20-8228876
Organization Overview
Foundations For Families Inc is located in Petoskey, MI. The organization was established in 2007. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Foundations For Families 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, Foundations For Families Inc generated $59.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $54.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
1. PROVIDED CHRISTIAN COUNSELING TO APPROX. 40 FAMILIES 2. PROVIDED 350 MENTORING TO APPROX. 35 MEN AGED 18 TO 25 YEARS 3. CONDUCTED WEEKLY MENS DISCIPLESHIP GROUPS SERVING ADULT MEN
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,820 |
| Total Program Service Revenue | $28,403 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | -$11,295 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,931 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,387 |
| Professional fees and other payments to independent contractors | $2,363 |
| Occupancy, rent, utilities, and maintenance | $648 |
| Printing, publications, postage, and shipping | $320 |
| Other expenses | $9,973 |
| Total expenses | $54,691 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,487 |
| Other assets | $0 |
| Total assets | $25,487 |
| Total liabilities | $1,003 |
| Net assets or fund balances | $24,484 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foundations For Families Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $20,000 |
Agape Foundation Charitable Trust San Jose, CA PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Highland County Community Action Organization Hillsboro, OH | $8,566,357 | $9,816,466 |
District Council Of Madison Inc Society Of St Vincent De Paul Madison, WI | $28,009,040 | $10,756,088 |
Community Action Program Inc Of Western Indiana Covington, IN | $9,425,677 | $9,597,649 |
Pace Community Action Agency Inc Vincennes, IN | $6,262,841 | $9,668,653 |
Catholic Charities Of Southeast Michigan Southfield, MI | $5,579,217 | $10,927,167 |
Community Action Commission Of Erie Huron & Richland Counties Inc Sandusky, OH | $1,848,122 | $9,418,648 |
Providence Self Sufficiency Ministries Inc Georgetown, IN | $1,706,729 | $8,401,809 |
Good Shepherd Home Ltd Seymour, WI | $8,463,620 | $9,263,497 |
Ohio Partners For Afforable Energy Findlay, OH | $9,545,597 | $9,033,795 |
Foundation For Behavioral Resources Augusta, MI | $12,512,722 | $9,178,628 |
Ohio Valley Opportunities Inc Madison, IN | $5,312,913 | $8,755,529 |
Ross County Community Action Commission Inc Chillicothe, OH | $2,353,377 | $8,335,614 |