Miriams House Inc
- Assets
- $5.1m
- Revenue
- $1.5m
- Investments
- $2.2m
- Employees
- 15
- Location
- Lynchburg, VA
- Founding
- 05/1991
- Data as of
- 12/2021
- EIN
- 54-1606543
Organization Overview
Miriams House Inc is located in Lynchburg, VA. The organization was established in 1991. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Miriams House Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miriams House 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 12/2021, Miriams House Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $964.7k during the year ending 12/2021. While expenses have increased by 10.1% 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
TO END HOMELESSNESS BY REBUILDING LIVES AND EMPOWERING OUR COMMUNITY'S MOST VULNERABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY FIRST: REHOUSES HOMELESS FAMILIES AND INDIVIDUALS TO RETURN THEM TO SAFE AND AFFORDABLE HOUSING WHILE PROVIDING SHORT-TERM HOUSING FINANCIAL ASSISTANCE AND SUPPORTIVE SERVICES.
PERMANENT SUPPORTIVE HOUSING: PROVIDES LONG-TERM HOUSING & SUPPORTIVE SERVICES TO PEOPLE EXPERIENCING CHRONIC HOMELESSNESS.
HOMELESS SYSTEM COORDINATION: LEADS THE COMMUNITY'S HOMELESS RESPONSE EFFORTS TO ENSURE THAT HOMELESSNESS IS RARE, BRIEF AND NONRECURRING IN THE LYNCHBURG AREA.
THE TWO OTHER PROGRAMS INCLUDE HOMELESS OUTREACH AND MOBILE ENGAGEMENT WHICH OFFERS OUTREACH AND ENGAGEMENT SERVICES TO UNSHELTERED INDIVIDUALS IN THE LYNCHBURG AREA; AND CHIA - COORDINATED HOMELESS INTAKE & ACCESS - WHICH LEADS THE COMMUNITY'S HOMELESS RESPONSE EFFORTS TO ENSURE THAT HOMELESSNESS IS RAR, BRIEF AND NON-RECURRING IN THE LYNCHBURG AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Quarantotto Executive Director | Officer | 40 | $77,866 |
Anne Alfieri Treasurer | OfficerTrustee | 4 | $0 |
Kate Worthington Sigler Vice President | OfficerTrustee | 4 | $0 |
B J Mcgraw President | OfficerTrustee | 4 | $0 |
Mac Frankfort Secretary | OfficerTrustee | 4 | $0 |
Page M Carrington Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $26,300 |
| Related organizations | $0 |
| Government grants | $483,770 |
| All other contributions, gifts, grants, and similar amounts not included above | $636,303 |
| Noncash contributions included in lines 1a–1f | $31,385 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,146,373 |
| Total Program Service Revenue | $65,504 |
| Investment income | $62,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,545 |
| Net Gain/Loss on Asset Sales | $190,523 |
| Net Income from Fundraising Events | $16,134 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,489,683 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $143,178 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $77,866 |
| Compensation of current officers, directors, key employees. | $20,551 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $415,568 |
| Pension plan accruals and contributions | $17,497 |
| Other employee benefits | $39,267 |
| Payroll taxes | $38,070 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,199 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,174 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,701 |
| 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 | $41,513 |
| Insurance | $16,971 |
| All other expenses | $28,533 |
| Total functional expenses | $964,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $577,916 |
| Savings and temporary cash investments | $210,114 |
| Pledges and grants receivable | $107,343 |
| Accounts receivable, net | $35,829 |
| 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 | $9,790 |
| Net Land, buildings, and equipment | $1,152,803 |
| Investments—publicly traded securities | $771,166 |
| Investments—other securities | $2,217,283 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,146 |
| Total assets | $5,088,390 |
| Accounts payable and accrued expenses | $22,108 |
| 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 | $22,108 |
| Net assets without donor restrictions | $2,625,359 |
| Net assets with donor restrictions | $2,440,923 |
| 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 | $5,088,390 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Miriams House Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Merryman Charitable Foundation Evington, VA PURPOSE: GENERAL OPERATIONS | $1,000 |
Endowment Analysis
| Beg. Balance | $1,890,405 |
| Earnings | $451,076 |
| Admin Expense | $33,120 |
| Other Expense | $91,078 |
| Ending Balance | $2,217,283 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helping Up Mission Incorporated Baltimore, MD | $36,151,019 | $24,482,350 |
Knox Area Rescue Ministries Knoxville, TN | $20,292,191 | $22,883,471 |
Friendship Place Washington, DC | $9,467,594 | $20,756,314 |
Nashville Rescue Mission Nashville, TN | $37,816,884 | $20,187,859 |
Forkids Inc Chesapeake, VA | $30,389,970 | $15,557,559 |
Central Union Mission Washington, DC | $25,037,840 | $16,629,553 |
New Hope Housing Inc Alexandria, VA | $4,724,081 | $13,222,867 |
House Of Ruth Washington, DC | $26,954,207 | $14,138,940 |
The Next Door Nashville, TN | $9,790,699 | $10,091,124 |
Hope Center Inc Lexington, KY | $15,963,477 | $9,458,031 |
Homeward Bound Of Western North Carolina Inc Asheville, NC | $7,613,383 | $7,947,393 |
The Light House Inc Annapolis, MD | $14,282,025 | $6,589,792 |