Hba Of Durham Orange & Chatham Counties Foundation Inc
- Assets
- $152.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 07/1999
- Data as of
- 12/2022
- EIN
- 56-2074868
Organization Overview
Hba Of Durham Orange & Chatham Counties Foundation Inc is located in Durham, NC. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hba Of Durham Orange & Chatham Counties 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 12/2022, Hba Of Durham Orange & Chatham Counties Foundation Inc generated $104.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $210.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE PROVIDED 6 - $1000 SCHOLARSHIPS TO AREA HIGH SCHOOL STUDENTS PURSUING A POST-SECONDARY EDUCATION IN THE RESIDENTIAL CONSTRUCTION TRADE. IN 2021 WE BECAME PART OF A CONSORTIUM THAT CREATED THE SUMMER CAREERS ACADEMY. SUMMER CAREERS ACADEMY IS AN EIGHT-WEEK TRADES TRAINING PRE-APPRENTICESHIP PROGRAM WHICH PROVIDES INSTRUCTION ON CONSTRUCTION TRADES JOBS, SUCH AS CARPENTRY, PLUMBING, ELECTRICAL, MASONRY, AND HVAC AND SERVES LOCAL YOUTH, PUTTING FOCUS ON RECRUITING STUDENTS WHO HAVE TRADITIONALLY FACED BARRIERS TO ACCESSING SUCCESSFUL CAREER PATHWAYS, INCLUDING REFUGEES, LOW-INCOME STUDENTS, AND STUDENTS OF COLOR. WE ASSISTED IN GRANT WRITING AND THE CONSORTIUM RECEIVED A GRANT FROM THE NC WORKFORCE INNOVATION AND OPPORTUNITY ACT (THOSE FUNDS WENT DIRECTLY TO THE CHAPEL HILL-CARRBORO CITY SCHOOL SYSTEM) WHILE THE HBA RECEIVED A GRANT FOR $150,000 FROM THE KENAN CHARITABLE TRUST. THE SUMMER CAREERS ACADEMY BEGAN IN THE SUMMER OF 2022.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dante Berini Chair | 1 | $0 | |
Michele Myers Treasurer | 1 | $0 | |
Mitch Barron Director | 1 | $0 | |
Lee Bowman Director | 1 | $0 | |
Nicole Goolsby Director | 1 | $0 | |
Pete Thorn Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,483 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $234 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,903 |
| Other Revenue | $0 |
| Total Revenue | $104,620 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $201,696 |
| Total expenses | $209,996 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152,508 |
| Other assets | $0 |
| Total assets | $152,508 |
| Total liabilities | $37,875 |
| Net assets or fund balances | $114,633 |