Foundation House Ministries
- Assets
- $243.3k
- Revenue
- $233.5k
- Investments
- $0.0
- Employees
- 7
- Location
- Cleveland, TN
- Founding
- 08/2013
- Data as of
- 12/2021
- EIN
- 45-5083727
Organization Overview
Foundation House Ministries is located in Cleveland, TN. The organization was established in 2013. According to its NTEE Classification (P45) the organization is classified as: Family Services for Adolescent Parents, under the broad grouping of Human Services and related organizations. As of 12/2021, Foundation House Ministries employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation House Ministries 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, Foundation House Ministries generated $233.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $276.6k during the year ending 12/2021. While expenses have increased by 20.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESIDENTIAL PROGRAM MINISTERING TO PREGNANT, SINGLE YOUNG WOMEN
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A CHRIST CENTERED, YEAR LONG RESIDENTIAL PROGRAM MINISTERING TO THE SPIRITUAL, PHYSICAL, EDUCATIONAL AND EMOTIONAL NEEDS OF PREGNANT, SINGLE YOUNG WOMEN BY SUPPORTING, TRAINING, AND EQUIPPING THEM WITH NECESSARY LIFE SKILLS FOR SUCCESSFUL LIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Burns Executive Di | Officer | 40 | $37,269 |
Amber Lyles Treasurer | OfficerTrustee | 1 | $0 |
Tacia Green President | OfficerTrustee | 1 | $0 |
Andy Santoro Dailey Director | Trustee | 1 | $0 |
Debbie Page Secretary | Trustee | 1 | $0 |
Tyrone Richmond Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $34,682 |
| All other contributions, gifts, grants, and similar amounts not included above | $208,729 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $243,411 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| 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 | -$9,866 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $233,546 |
| 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. | $37,269 |
| Compensation of current officers, directors, key employees. | $3,727 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,523 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,425 |
| Advertising and promotion | $9,636 |
| Office expenses | $27,964 |
| Information technology | $3,958 |
| Royalties | $0 |
| Occupancy | $20,182 |
| Travel | $3,009 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,704 |
| Interest | $12,652 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,370 |
| Insurance | $6,391 |
| All other expenses | $0 |
| Total functional expenses | $276,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$40 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $100 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,500 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $240,704 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $243,264 |
| Accounts payable and accrued expenses | $42,369 |
| 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 | $228,637 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $271,006 |
| Net assets without donor restrictions | -$27,742 |
| 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 | $243,264 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foundation House Ministries has recieved totaling $50,048.
| Awarding Organization | Amount |
|---|---|
United Way Of The Ocoee Region Cleveland, TN | | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $48 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Our Ladys Inn St Louis, MO | $6,230,201 | $2,955,635 |
Galatians Community Health Raleigh, NC | $16,450 | $1,098,092 |
Room At The Inn Inc Greensboro, NC | $928,379 | $1,684,083 |
Mothers Refuge Independence, MO | $2,469,982 | $1,891,376 |
Hope Center Inc Woodstock, GA | $1,630,460 | $1,556,299 |
Agape Of Central Alabama Inc Montgomery, AL | $554,948 | $1,104,953 |
Family Wellness Outreach Center Of Georgia Inc Albany, GA | $310,550 | $933,463 |
House Of Dawn Inc Jonesboro, GA | $730,245 | $982,625 |
Sav-A-Life Inc Birmingham, AL | $1,155,097 | $1,033,444 |
Marys Shelter Elberta, AL | $1,003,988 | $920,746 |
New Hope Center Inc Crestview Hills, KY | $611,127 | $676,594 |
Medical Home Plus Inc Richmond, VA | $273,404 | $625,295 |