Home Of Potential And Excellence Inc is located in Nashville, TN. The organization was established in 2018. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Of Potential And Excellence 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, Home Of Potential And Excellence Inc generated $149.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 63.3% each year . All expenses for the organization totaled $141.5k during the year ending 12/2021. 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
PROVIDED A SAFE NURTURING ENVIRONMENT TO EMPOWER FAMILIES TO BECOME A HEALTHY UNIT AND THE BEST VERSION OF THEMSELVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shemicka Adams Executive Dir. | 40 | $62,400 | |
Tia Pugh Secretary | 1 | $0 | |
Kimberly Kersh Treasurer | 1 | $0 | |
Jackie Clark Chairman | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $67,746 |
Total Program Service Revenue | $82,038 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $149,784 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $96,678 |
Professional fees and other payments to independent contractors | $12,005 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $32,801 |
Total expenses | $141,484 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $31,627 |
Other assets | $0 |
Total assets | $31,627 |
Total liabilities | $1,219 |
Net assets or fund balances | $30,408 |
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