Carol Adams Foundation Inc
- Assets
- $161.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 11/2014
- Data as of
- 12/2018
- EIN
- 46-3674994
Organization Overview
Carol Adams Foundation Inc is located in Richmond, VA. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carol Adams Foundation 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 12/2018, Carol Adams Foundation Inc generated $74.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $68.4k during the year ending 12/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
ASSISTANCE TO VICTIMS OF DOMESTIC ABUSE... WE PROVIDE ASSISTANCE TO WOMEN AND CHILDREN WHO ARE VICTIMS OF DOMESTIC VIOLENCE, INCLUDING EMOTIONAL, PHYSICAL AND ECONOMIC ABUSE. WE PROVIDE EMERGENCY AND TRANSITIONAL FOOD, CLOTHING, SHELTER, EMOTIONAL AND FINANCIAL SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY FOOD, CLOTHES AND SHELTER ARE PROVIDED TO CLIENTS BASED ON THEIR IMMEDIATE AND SHORT-TERM NEEDS AND OUR RESOURCES. A RESIDENCE WAS DONATED TO US THAT WE USE FOR TEMPORARY SHELTER. WE ALSO PAY FOR EMERGENCY HOTEL ROOMS DEPENDING ON OUR RESOURCES. WE PROVIDE BASIC PERSONAL HYGIENE ITEMS, HOUSEHOLD ITEMS AND STORAGE BASED ON NEEDS AND OUR RESOURCES. WE PROVIDE COUNSELING, EMOTIONAL SUPPORT, ASSISTANCE WITH JOB SEEKING AND LIMITED TRAINING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Floyd Miller President | OfficerTrustee | 10 | $0 |
Tishaun Harris Vice President | OfficerTrustee | 3 | $0 |
William B Friday Treasurer | OfficerTrustee | 5 | $0 |
Carol Adams CEO | OfficerTrustee | 25 | $0 |
Tory Edmonds Board Member | Trustee | 3 | $0 |
Jeraldine Tunstall Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,640 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,640 |
| Statement of Expenses | |
|---|---|
| Total expenses | $68,379 |
| Balance Sheet | |
|---|---|
| Total assets | $161,150 |
| Total liabilities | $0 |
| Net assets or fund balances | $161,150 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Carol Adams Foundation Inc has recieved totaling $6,529.
| Awarding Organization | Amount |
|---|---|
Richard S Reynolds Foundation Richmond, VA PURPOSE: ADV BOARD RR - SUMMER CAMP | $3,500 |
Randolph And Susan Reynolds Foundation Richmond, VA PURPOSE: UNRESTRICTED OPERATIONAL SUPPORT | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
The Forum For Youth Investment Washington, DC | $9,053,543 | $7,540,773 |
Hope For The Warriors Springfield, VA | $4,615,443 | $8,207,781 |
Mba Open Doors Foundation Washington, DC | $6,951,188 | $5,196,301 |
Spookstock Foundation Leesburg, VA | $1,341,695 | $5,091,159 |
The Methuselah Foundation Springfield, VA | $18,792,317 | $14,799,805 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Farm Journal Agricultural Foundation Washington, DC | $815,504 | $1,711,147 |
Yellow Ribbon Fund Inc Bethesda, MD | $1,996,496 | $3,055,184 |
Izmirlian International Foundation Washington, DC | $264 | $2,005,003 |