One Hundred Shares Inc
- Assets
- $228.1k
- Revenue
- $297.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 20-8686310
Organization Overview
One Hundred Shares Inc is located in Atlanta, GA. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public 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. One Hundred Shares 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, One Hundred Shares Inc generated $297.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $247.7k during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 7 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 2016, One Hundred Shares Inc has awarded 14 individual grants totaling $870,475. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE WORK OF CHRISTIAN NON-PROFIT ORGANIZATIONS IN THE ATLANTA AREA IN THE FORM OF GRANTS FOR PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTH GWINNETT COOPERATIVE, INC.: NORTH GWINNETT COOPERATIVE'S MISSION IS TO BRIDGE THE GAPS FOR CRITICAL NEEDS OF FAMILIES OR INDIVIDUALS AND PROVIDE SERVICE TO AID IN FINDING A PATH TO SELF-SUFFICIENCY, THROUGH SUPPORT WITHIN OUR COMMUNITY. THE PURPOSES OF OHS'S GRANT OF 82,975 WAS TO BUILD A SECOND BLESSINGS THRIFT STORE.
BRIGHT FUTURES ATLANTA: BFA'S MISSION IS TO PROMOTE THE SPIRITUAL, ACADEMIC AND PHYSICAL GROWTH OF ITS YOUTH PARTICIPANTS AND THEIR FAMILIES THROUGH YEAR-ROUND PROGRAMS. THE ORGANIZATION'S ACTIVITIES AND GUIDANCE ARE AIMED AT INSTILLING A PASSION FOR LEARNING RESULTING IN LASTING SOCIAL CHANGE. THE PURPOSE OF OHS'S GRANT OF 67,500 TO BRIGHT FUTURES ATLANTA WAS TO BUILD AN AFTER SCHOOL AND SUMMER OUTDOOR PROGRAM.
NO LONGER BOUND: NO LONGER BOUND'S MISSION IS TO PROVIDE A SAFE PLACE WHERE BROKEN AND WILLING INDIVIDUALS CAN ESCAPE ENSLAVEMENT TO ADDICTION. THE PURPOSE OF OHS'S GRANT OF 75,000 TO NO LONGER BOUND WAS TO BUILD A TRAINING CENTER FOR A NEW WORKFORCE PROGRAM.
NORTH GWINNETT COOPERATIVE, INC.: NORTH GWINNETT COOPERATIVE'S MISSION IS TO BRIDGE THE GAPS FOR CRITICAL NEEDS OF FAMILIES OR INDIVIDUALS AND PROVIDE SERVICE TO AID IN FINDING A PATH TO SELF-SUFFICIENCY, THROUGH SUPPORT WITHIN OUR COMMUNITY. THE PURPOSES OF OHS'S GRANT OF 82,975 WAS TO BUILD A SECOND BLESSINGS THRIFT STORE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lin Daws CEO | Officer | 2 | $0 |
Lucinda Lewis Secretary | Officer | 2 | $0 |
Venita Mitchell CFO | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $297,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $297,220 |
| Total Program Service Revenue | $0 |
| Investment income | $64 |
| 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 | $297,284 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $225,475 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,567 |
| Advertising and promotion | $0 |
| Office expenses | $6,026 |
| 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 | $2,969 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $247,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,598 |
| Savings and temporary cash investments | $93,729 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $784 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $228,111 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $228,111 |
| Total liabilities and net assets/fund balances | $228,111 |
Grants Awarded
Over the last fiscal year, One Hundred Shares Inc has awarded $225,475 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Buford, GA PURPOSE: BUILD THRIFT STORE | $82,975 |
Cumming, GA PURPOSE: BUILD TRAINING CNTR | $75,000 |
Atlanta, GA PURPOSE: BUILD STUDENT PRGMS | $67,500 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that One Hundred Shares Inc has recieved totaling $157,800.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $143,800 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $13,000 |
The Balkcom Charitable Trust Atlanta, GA PURPOSE: CIVIC/CHARITABLE PURPOSES | $1,000 |
Cheria Foundation Inc Atlanta, GA | | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Miami Foundation Inc Miami, FL | $460,864,709 | $147,324,669 |
Ninth District Opportunity Inc Gainesville, GA | $20,597,568 | $53,356,026 |
Jupiter Medical Center Foundation Inc Jupiter, FL | $160,882,045 | $61,479,471 |
Nema Foundation Inc Tallulah Falls, GA | $40,863,488 | $61,480,995 |
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Trustbridge Global Foundation Usa Inc Clearwater, FL | $68,735,703 | $42,627,282 |
Blue Cross And Blue Shield Of Florida Foundation Inc Jacksonville, FL | $500,668,406 | $165,069,947 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
New Morning Foundation Columbia, SC | $9,598,750 | $10,587,010 |
University Of South Florida Institute Of Applied Engineering I Tampa, FL | $5,205,656 | $9,587,469 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |