Sacred Beginnings Transitional Homes Inc
- Assets
- $145.7k
- Revenue
- $250.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Grand Rapids, MI
- Founding
- 10/2007
- Data as of
- 12/2021
- EIN
- 26-0278846
Organization Overview
Sacred Beginnings Transitional Homes Inc is located in Grand Rapids, MI. The organization was established in 2007. As of 12/2021, Sacred Beginnings Transitional Homes Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sacred Beginnings Transitional Homes 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, Sacred Beginnings Transitional Homes Inc generated $250.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $223.8k during the year ending 12/2021. While expenses have increased by 24.7% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO LEAD THE REVOLUTION AGAINST SEXUAL EXPLOITATION/TRAFFICKING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HOUSING, SERVICES AND BASIC NEEDS TO PERSONS COMING OUT OF EXPLOITATION AND TRAFFICKING
PROVIDED HOUSING, SERVICES AND BASIC NEEDS TO PERSONS COMING OUT OF EXPLOITATION AND TRAFFICKING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie King President | OfficerTrustee | 50 | $47,497 |
Dan Spaans VP / Treas | Officer | $0 | |
Kat Griffith Board Member | Trustee | $0 | |
Katie Papke Board Member | Trustee | $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 | $226,045 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,045 |
| Total Program Service Revenue | $24,415 |
| Investment income | $96 |
| 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 | $250,556 |
| 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. | $44,805 |
| Compensation of current officers, directors, key employees. | $44,805 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,981 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,925 |
| Payroll taxes | $5,518 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $204 |
| Office expenses | $11,769 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,327 |
| Travel | $21,333 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,732 |
| All other expenses | $99 |
| Total functional expenses | $223,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,046 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $1,650 |
| 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 | $145,696 |
| 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 | $10,356 |
| Total liabilities | $10,356 |
| Net assets without donor restrictions | $135,340 |
| 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 | $145,696 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sacred Beginnings Transitional Homes Inc has recieved totaling $13,350.
| Awarding Organization | Amount |
|---|---|
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $8,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $5,250 |
Reynolds American Foundation Winston Salem, NC PURPOSE: CHARITABLE ACTIVITIES | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alvis Inc Columbus, OH | $23,086,637 | $39,918,984 |
Blue Water Development Housing Inc Marysville, MI | $7,021,558 | $13,592,557 |
Lifebuilders Detroit, MI | $4,777,776 | $2,593,675 |
Mommy And Me Too Inc Cleveland, OH | $477,465 | $1,361,664 |
Carter House Youngstown, OH | $41,785 | $678,657 |
God Is Faithful Temporary Shelter Janesville, WI | $1,890,290 | $743,429 |
St Vincent De Paul Housing Facilities Inc Newark, OH | $2,072,481 | $651,549 |
Nia Imani Family Inc Milwaukee, WI | $758,181 | $485,904 |
The House Of Promise Lansing, MI | $580,582 | $482,905 |
Home With Hope Inc Lafayette, IN | $0 | $299,549 |
Robert E Berry Halfway House Inc Fond Du Lac, WI | $278,840 | $352,951 |
Pax House Cincinnati, OH | $32,811 | $300,803 |