Free Will Baptist Childrens Home Inc
- Assets
- $15.1m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 74
- Location
- Middlesex, NC
- Founding
- 08/1946
- Data as of
- 06/2022
- EIN
- 56-0636251
Organization Overview
Free Will Baptist Childrens Home Inc is located in Middlesex, NC. The organization was established in 1946. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2022, Free Will Baptist Childrens Home Inc employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Will Baptist Childrens Home 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 06/2022, Free Will Baptist Childrens Home Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $3.9m during the year ending 06/2022. While expenses have increased by 6.3% 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
FREE WILL BAPTIST CHILDREN'S HOME IS CALLED TO PROVIDE A NURTURING ENVIRONMENT TO PROMOTE THE SPIRITUAL, EMOTIONAL, EDUCATIONAL AND PHYSICAL WELL-BEING OF CHILDREN, YOUTH AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN'S SERVICES - THIS PROGRAM PROVIDES A WARM, NURTURING ENVIRONMENT WITH FULL-TIME COTTAGE PARENTS WHO TEACH OUR CHILDREN BEGINNING INDEPENDENT LIVING SKILLS, SUCH AS ORGANIZATIONAL, MONEY AND TIME MANAGEMENT SKILLS, AS WELL AS SOCIAL SKILLS AND SELF ADVOCACY SKILLS. IT PROVIDES A HIGHLY-DISCIPLINED ENVIRONMENT AND POSITIVE FEEDBACK THAT ENCOURAGES ADOLESCENTS TO CHANGE NEGATIVE BEHAVIOR AND ATTITUDES TO BE MORE CONSIDERATE, AND RESPECTFUL OF NORMS.
FOSTER CARE/ADOPTION - THE CHILDREN'S HOME WAS LICENSED IN 2008 BY THE NORTH CAROLINA DHHS TO PROVIDE FAMILY FOSTER CARE. THE PROGRAM IS USED TO RECRUIT AND TRAIN ELIGIBLE FOSTER FAMILIES TO CARE FOR ABUSED AND NEGLECTED CHILDREN. THESE FAMILIES ARE LICENSED TO CARE FOR FOSTER CHILDREN TEMPORARILY, WHILE THEIR PARENTS WORK WITH SOCIAL WORK PROFESSIONALS TO RESOLVE THEIR FAMILY ISSUES. IN 2019, ADOPTION SERVICES WERE ADDED TO EQUIP OUR STAFF TO PROVIDE SUPPORT FOR FAMILIES WHO DESIRE TO PROVIDE YOUTH WITH A FOREVER HOME.
CASE MANAGEMENT - THIS PROGRAM PROVIDES CASE MANAGEMENT SERVICES BY PROFESSIONAL STAFF TO IMPLEMENT AND FOLLOW THE GOALS OF CHILDREN IN CONJUNCTION WITH THE PROBLEMS WHICH INITIATED PLACEMENT. IT ALSO STRIVES TO UNITE CHILDREN, FAMILIES, FWBCH AND DSS WORKERS TO PROVIDE CONSISTENCY OF CARE FOR PHYSICAL, EMOTIONAL, SPIRITUAL, FINANCIAL, AND EDUCATIONAL NEEDS. IT PROVIDES TRAINING AND SERVICES TO DEVELOP THE LIFE SKILLS NECESSARY TO LIVE PRODUCTIVELY AND INDEPENDENTLY, AND ENCOURAGES FURTHER EDUCATION THROUGH COLLEGE, JOB CORPS, MILITARY OR ENTERING THE WORK FORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Lee President/ceo | Officer | 40 | $122,186 |
Doug Skinner Vice-Chairperson | OfficerTrustee | 1 | $0 |
Laudra Buddin Secretary | OfficerTrustee | 1 | $0 |
Pam Braxton Assistant Secretary | OfficerTrustee | 1 | $0 |
Johnny Sullivan Chairperson | OfficerTrustee | 1 | $0 |
Judy Roberson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,303,593 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,581,077 |
| Noncash contributions included in lines 1a–1f | $4,645 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,884,670 |
| Total Program Service Revenue | $169,486 |
| Investment income | $194,157 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,824 |
| Net Gain/Loss on Asset Sales | $297,108 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,607,581 |
| 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. | $162,665 |
| Compensation of current officers, directors, key employees. | $27,758 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,816,254 |
| Pension plan accruals and contributions | $32,390 |
| Other employee benefits | $254,237 |
| Payroll taxes | $139,158 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,777 |
| Fees for services: Accounting | $48,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,157 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $67,395 |
| Royalties | $0 |
| Occupancy | $105,458 |
| Travel | $103,912 |
| 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 | $143,410 |
| Insurance | $0 |
| All other expenses | $442,759 |
| Total functional expenses | $3,919,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $600 |
| Savings and temporary cash investments | $760,414 |
| Pledges and grants receivable | $88,412 |
| Accounts receivable, net | $198,477 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $562 |
| Prepaid expenses and deferred charges | $18,550 |
| Net Land, buildings, and equipment | $4,653,905 |
| Investments—publicly traded securities | $9,417,262 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,015 |
| Total assets | $15,140,197 |
| Accounts payable and accrued expenses | $171,915 |
| 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 | $322,395 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $494,310 |
| Net assets without donor restrictions | $12,572,889 |
| Net assets with donor restrictions | $2,072,998 |
| 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 | $15,140,197 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Free Will Baptist Childrens Home Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
John Lynn & Luisa Lee Family Foundation Nashville, NC PURPOSE: REWRITING STORIES CAMPAIGN | $10,000 |
Endowment Analysis
| Beg. Balance | $10,329,307 |
| Earnings | -$827,738 |
| Net Contributions | $232,963 |
| Other Expense | $247,349 |
| Ending Balance | $9,487,183 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Josephs Villa Richmond, VA | $27,428,777 | $22,658,558 |
Methodist Home Of The South Georgia Conference Macon, GA | $89,864,705 | $15,345,921 |
Developmental Services Of Dickson County Dickson, TN | $11,323,972 | $14,070,114 |
Our Lady Of Hope Health Center Inc Roanoke, VA | $20,100,998 | $16,173,779 |
Boys And Girls Home Of North Carolina Inc Lake Waccamaw, NC | $27,444,905 | $18,368,279 |
Elk Hill Farm Inc Goochland, VA | $8,024,424 | $11,816,534 |
Presbyterian Homes & Family Services Inc Lynchburg, VA | $44,827,588 | $11,019,660 |
Epworth Childrens Home Columbia, SC | $51,499,184 | $11,292,801 |
Insight Incentive For Normal Social Interaction-Group Home Today Inc Woodbridge, VA | $13,170,657 | $11,222,553 |
Ralph Scott Lifeservices Inc Burlington, NC | $9,602,091 | $12,832,538 |
United Methodist Childrens Home Of North Georgia Conference Inc Tucker, GA | $95,066,769 | $13,566,951 |
The Goshen Valley Foundation Inc Waleska, GA | $8,327,784 | $9,488,443 |