4families Inc is located in Franklin, TN. The organization was established in 2014. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 4families 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 12/2020, 4families Inc generated $248.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.8% each year . All expenses for the organization totaled $243.7k during the year ending 12/2020. While expenses have increased by 66.0% per year over the past 4 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Howard Ragsdale Board Member | Trustee | 0 | $0 |
Kent Robson Founder | Trustee | 0 | $0 |
Gary Ringger Chairman | Trustee | 0 | $0 |
Dr Eboni Webb Board Member | Trustee | 0 | $0 |
Lynn Stroller Treasurer | Trustee | 0 | $0 |
Karen Robson Cofounder | Trustee | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ileana Rodriguez Outside Contractor | 12/30/19 | $23,230 |
Rachael Cone Outside Contractor | 12/30/19 | $9,533 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $248,620 |
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. | $75,500 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $54,228 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,911 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $986 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $10,832 |
Office expenses | $60,281 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $243,710 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $23,006 |
Savings and temporary cash investments | $0 |
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 | $0 |
Other assets | $0 |
Total assets | $23,006 |
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 | $23,006 |
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 | $23,006 |
Over the last fiscal year, we have identified 1 grants that 4families Inc has recieved totaling $17,500.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $17,500 |
Organization Name | Assets | Revenue |
---|---|---|
Chattanooga C A R E S Inc Chattanooga, TN | $10,951,449 | $26,744,749 |
Ums-Wright Corporation Mobile, AL | $47,143,779 | $23,485,444 |
Maryhurst Inc Louisville, KY | $15,797,492 | $20,397,392 |
Nc United Methodist Camp & Retreat Ministries Inc Garner, NC | $10,710,131 | $6,862,775 |
Boys & Girls Club Of Lanier Inc Gainesville, GA | $11,561,419 | $9,878,152 |
Bridges Usa Inc Memphis, TN | $7,961,140 | $3,313,515 |
Kidz Of Joy Learning Foundation Hazelwood, MO | $4,719,790 | $7,439,729 |
Progressive Agriculture Foundation Birmingham, AL | $1,602,954 | $2,339,463 |
Bingham Child Guidance Clinic Inc Louisville, KY | $1,140,180 | $564,382 |
Concerned Citizens For Our Youth Inc Jasper, AL | $2,606,099 | $944,991 |
Children 1st Community Development Services Atlanta, GA | $152,854 | $873,207 |
Jhett Micheal Scholars Foundation Inc Atlanta, GA | $37,855 | $825,305 |