Faithaction International House
- Assets
- $1.3m
- Revenue
- $482.6k
- Investments
- $0.0
- Employees
- 18
- Location
- Greensboro, NC
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 56-1993490
Organization Overview
Faithaction International House is located in Greensboro, NC. The organization was established in 1997. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Faithaction International House employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faithaction International House 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 12/2022, Faithaction International House generated $482.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $733.8k during the year ending 12/2022. While expenses have increased by 12.0% per year over the past 8 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
FAITHACTION IS A NONPROFIT CHARITABLE ORGANIZATION SUPPORTED BY THOSE INDIVIDUALS AND RELIGIOUS CONGREGATIONS THAT SHARE A VISION OF AN EQUITABLE AND INCLUSIVE COMMUNITY; MANY CULTURES, ONE PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPOWER IMMIGRANTS THROUGH LEARNING PROGRAMS, CROSS CULTURAL UNDERSTANDING AND OTHER CULTURAL PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eniris R Riddick-Delgado Executive Dir. | Officer | 40 | $50,365 |
Jose Bernal Munoz Executive Dir. | Officer | 40 | $30,777 |
Tiffany Adams Director | Trustee | 0 | $0 |
Maria Mayorga Director | Trustee | 0 | $0 |
Erendira Mendez Director | Trustee | 0 | $0 |
Hector Gomez Argote Director | Trustee | 0 | $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 | $469,641 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $469,641 |
| Total Program Service Revenue | $3,130 |
| Investment income | $1,481 |
| 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 | $482,553 |
| 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. | $84,742 |
| Compensation of current officers, directors, key employees. | $10,593 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $300,604 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,147 |
| Payroll taxes | $30,237 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $92,649 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,405 |
| Advertising and promotion | $0 |
| Office expenses | $19,701 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,648 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $5,850 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,252 |
| Insurance | $5,472 |
| All other expenses | $4,950 |
| Total functional expenses | $733,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $305 |
| Savings and temporary cash investments | $923,582 |
| Pledges and grants receivable | $150,000 |
| 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 | $7,397 |
| Net Land, buildings, and equipment | $9,269 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $188,895 |
| Other assets | $5,210 |
| Total assets | $1,284,658 |
| Accounts payable and accrued expenses | $4,113 |
| 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 | $191,932 |
| Total liabilities | $196,045 |
| Net assets without donor restrictions | $361,624 |
| Net assets with donor restrictions | $726,989 |
| 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 | $1,284,658 |