Cmc Initiative Inc
- Assets
- $163.7k
- Revenue
- $279.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Atlanta, GA
- Founding
- 06/2013
- Data as of
- 07/2022
- EIN
- 46-1052114
Organization Overview
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 07/2022, 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 07/2022, Cmc Initiative Inc generated $279.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $294.5k during the year ending 07/2022. While expenses have increased by 11.5% 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
2022
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
WEEKEND EVENTS--FRIDAY AND SATURDAY NIGHTS THE HOUSE OPENS ITS DOORS FOR GIRLS AND GUYS, THE MAJORITY BEING FRESHMEN, TO MEET, KEEPING THEM AWAY FROM THE DOWNTOWN BINGE-DRINKING SCENE. WE OFFER EVENTS, AN OPEN HOUSE TO WATCH AWAY FOOTBALL GAMES, CLEAN MOVIE NIGHTS AND MANY OTHER EVENTS. THE GOAL OF FRIDAY AND SATURDAY NIGHTS IS THE SAME AS THE MAIN EVENTS: TO CREATE FRIENDSHIPS WITH OTHER STUDENTS OF A LIKE MIND AND OFFER ACTIVITIES THAT ARE AS FUN AS OR MORE FUN THAN GOING DOWNTOWN TO THE BARS.
CORE EVENTS-OUR CORE EVENTS ARE ALCOHOL AND DRUG FREE AND ARE HELD 1-2 TIMES PER SEMESTER. THE NUMBER OF STUDENTS ATTENDING RANGE BETWEEN 1000-2000. THE GOAL OF THE CORE EVENT IS ALCOHOL AND DRUG PREVENTION ON OUR UNIVERSITY OF GEORGIA AND AUBURN UNIVERSITY CAMPUSES. WE PROMOTE A POSITIVE AND HEALTHY ENVIRONMENT AND PROVIDE COLLEGE STUDENTS A SENSE OF COMMUNITY. WE HAVE SEEN THAT MOST STUDENTS RAISE THEIR STANDARDS BECAUSE OF ATTENDING OUR EVENTS. FRESHMAN AND OTHER STUDENTS CAN CLEARLY SEE THAT THEY HAVE A CHOICE TO STEER CLEAR OF THE COLLEGE DRINKING AND DRUG SCENE AND COME INTO AN ENVIRONMENT WHERE THERE IS NO PEER PRESSURE AND NO OPPORTUNITY FOR REGRET.
BROTHER NIGHTS AND RETREAT--TO FINISH OFF A LONG WEEK OF ACTIVITIES (TUESDAY NIGHT BIBLE STUDY, THURSDAY NIGHT FRESHMAN NIGHT, AND FRIDAY AND SATURDAY NIGHT EVENTS) THE PHI SLAM HOUSE IS CLOSED DOWN FOR JUST THE MEMBERS ON SUNDAY NIGHTS. THIS IS ONE OF THE ONLY TIMES THE MEMBERS GET TO SPEND WITH EACH OTHER. IT INVOLVES REJUVENATING FROM THE LONG WEEK BY EATING DINNER TOGETHER. AFTER DINNER WE PRAY TOGETHER, HAVE A BIBLE STUDY, OR TALK OF POSSIBLE EVENTS TO THROW IN THE FUTURE. THE GOAL OF THE NIGHT IS NOT ONLY REJUVENATION, BUT ALSO BUILDING UNITY AND FRIENDSHIP BETWEEN THE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Odom Executive Dir. | OfficerTrustee | 40 | $77,200 |
Bobby Reagan Chairman | OfficerTrustee | 1 | $0 |
Jim Cooney Trustee | OfficerTrustee | 1 | $0 |
Shannon Buggs Trustee | OfficerTrustee | 1 | $0 |
Steve Shuler Trustee | OfficerTrustee | 1 | $0 |
Chris Odom Trustee | OfficerTrustee | 1 | $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 | $279,258 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $279,258 |
| Total Program Service Revenue | $0 |
| Investment income | $3 |
| 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 | $279,261 |
| 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. | $77,200 |
| Compensation of current officers, directors, key employees. | $15,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $81,986 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,836 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,077 |
| 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 | $3,551 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,414 |
| 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 | $5,661 |
| All other expenses | $36,850 |
| Total functional expenses | $294,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,814 |
| Savings and temporary cash investments | $30,025 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $460 |
| 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 | $443 |
| Other assets | $0 |
| Total assets | $163,742 |
| 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 | $163,742 |
| 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 | $163,742 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cmc Initiative Inc has recieved totaling $54,050.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $35,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $18,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coastal Horizons Center Inc Wilmington, NC | $17,772,022 | $51,508,825 |
Florida Alcohol And Drug Abuse Association Inc Tallahassee, FL | $3,621,122 | $16,106,803 |
Tri-County Human Services Inc Lakeland, FL | $13,786,011 | $18,025,715 |
Stars Nashville Nashville, TN | $8,528,213 | $7,722,259 |
Cdac Behavioral Healthcare Inc Pensacola, FL | $3,907,303 | $4,911,652 |
Community Impact Nc Inc Wilson, NC | -$120,441 | $2,687,317 |
Center Of Hope Anniston, AL | $7,876,665 | $4,471,218 |
Pasco Sheriffs Charities Inc New Port Richey, FL | $822,228 | $2,632,360 |
The Power Of U Incorporated Elizabeth City, NC | $134,105 | $2,285,109 |
Agency For Substance Abuse Prevention Oxford, AL | $1,101,476 | $2,237,232 |
Substance Abuse Council Of Indian River County Inc Vero Beach, FL | $1,195,474 | $1,971,822 |
Center For Prevention Services Charlotte, NC | $883,086 | $1,471,839 |