Cmc Initiative Inc is located in Atlanta, GA. The organization was established in 2013. According to its NTEE Classification (F21) the organization is classified as: Substance Abuse Prevention, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 07/2023, Cmc Initiative Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cmc Initiative 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 07/2023, Cmc Initiative Inc generated $278.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $364.1k during the year ending 07/2023. While expenses have increased by 13.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CMC INITIATIVE'S GOAL IS TO PROVIDE AN ALTERNATIVE TO THE DOWNTOWN COLLEGE DRINKING SCENE AND TO DECREASE THE NUMBER OF STUDENTS TRAPPED IN ALCOHOL AND DRUG ABUSE ON COLLEGE CAMPUSES BY PROVIDING ALCOHOL AND DRUG FREE EVENTS & SUPPORT ON A REGULAR BASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORE EVENTS-OUR CORE EVENTS ARE ALCOHOL AND DRUG-FREE, OCCURING 10-20 TIMES EACH FALL AND SPRING COLLEGE SEMESTER. ATTENDANCE TYPICALLY RANGES FROM 50-750 STUDENTS. THE GOAL OF THE CORE EVENT IS TO FOSTER ALCOHOL AND DRUG PREVENTION INITIATIVES ACROSS THE CAMPUSES OF THE UNIVERSITY OF GEORGIA, AUBURN UNIVERSITY, ALABAMA UNIVERSITY, AND THE UNIVERSITY OF TENNESSEE. OUR MISSION REVOLVES AROUND CULTIVATING POSITIVE, HEALTH-CONSCIOUS ENVIRONMENTS WHILE NURTURING A STRONG SENSE OF COMMUNITY AMONG COLLEGE STUDENTS. OUR IMPACT IS TANGIBLE: ATTENDEES FIND THEMSELVES ELEVATING THEIR PERSONAL STANDARDS AFTER EXPERIENCING OUR EVENTS FIRSTHAND. NOTABLY, FRESHMEN AND OTHER STUDENTS GAIN CLARITY ON THEIR CHOICES, REALIZING THEY HAVE THE OPTION TO ABSTAIN FROM THE PRESSURES OF COLLEGE PARTY CULTURE. IN OUR ENVIRONMENT, PEER PRESSURE DISSIPATES, LEAVING NO ROOM FOR REGRET AND OFFERING A REFRESHING ALTERNATIVE TO THE TYPICAL COLLEGE SOCIAL SCENE.
GENERAL MEMBER EVENTS AND RETREATS-EVERY WEEK, OUR CAMPUS MEMBERS SET ASIDE A DAY FOR REJUVENATION, REFLECTION, COMMUNAL DINING, AND DIALOGUE. THIS TIME ALLOWS US TO CELEBRATE VICTORIES FROM THE PREVIOUS WEEK'S EVENTS AND STRATEGIZE FOR THE WEEKS AHEAD. ADDITIONALLY, TWICE A YEAR, WE COME TOGETHER FOR IMMERSIVE RETREATS, OFFERING A COMPREHENSIVE REVIEW OF THE SEMESTER'S ACTIVITIES, MEANINGFUL DISCUSSIONS ON OUR MISSION AND GOALS, AND FOSTERING A DEEPER SENSE OF UNITY AND FRIENDSHIP AMONG OUR MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bobby Reagan Chairman | OfficerTrustee | 1 | $0 |
Eric Odom Executive Dir. | OfficerTrustee | 40 | $0 |
Jim Cooney Trustee | OfficerTrustee | 1 | $0 |
Chris Odom Trustee | OfficerTrustee | 1 | $0 |
Shannon Buggs Trustee | OfficerTrustee | 1 | $0 |
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 | $275,881 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $275,881 |
Total Program Service Revenue | $0 |
Investment income | $40 |
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 | $2,399 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $278,320 |
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. | $83,000 |
Compensation of current officers, directors, key employees. | $16,600 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $103,165 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,200 |
Payroll taxes | $15,128 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,755 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $5,299 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $16,214 |
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 | $229 |
Insurance | $7,304 |
All other expenses | $65,237 |
Total functional expenses | $364,053 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $72,738 |
Savings and temporary cash investments | $5,055 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $214 |
Other assets | $2 |
Total assets | $78,009 |
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 | $78,009 |
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 | $78,009 |