Family Resources Of Cherokee County is located in Murphy, NC. The organization was established in 1999. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2019, Family Resources Of Cherokee County employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Resources Of Cherokee County 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 06/2019, Family Resources Of Cherokee County generated $221.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $234.6k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHENING COMMUNITIES THROUGH FAMILY CENTERED, THERAPEUTIC, EDUCATIONAL AND SUPPORTIVE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT THE DEVELOPMENT OF SAFE, HEALTHY CHILDREN, FAMILIES AND COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paula Wright Secretary | Officer | 1 | $0 |
Donald Golson Board Chairperson | Officer | 1 | $0 |
Jerrold Golson Treasurer | Officer | 1 | $0 |
Rachael Hall Interim Executive Director | Trustee | 40 | $0 |
Ronald Wright Board Memember | Trustee | 1 | $0 |
Franki Roper Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,966 |
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 | $5,061 |
Miscellaneous Revenue | $0 |
Total Revenue | $221,507 |
Statement of Expenses | |
---|---|
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. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $90,072 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,776 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,754 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $9,399 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $17,630 |
Travel | $10,466 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,689 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,251 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $234,570 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$13,760 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $37,160 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $430 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $26,938 |
Accounts payable and accrued expenses | $53,947 |
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 | $53,947 |
Net assets without donor restrictions | -$41,783 |
Net assets with donor restrictions | $14,774 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | -$27,009 |
Over the last fiscal year, we have identified 1 grants that Family Resources Of Cherokee County has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
North Carolina Glaxosmithkline Foundation Research Triangle Park, NC PURPOSE: TO PROVIDE FUNDING TO SUPPORT THE PARENT AND CHILD INTERACTION THERAPY PROGRAM - PARENTING WORKSHOPS SERVING FAMILIES IN RURAL CHEROKEE COUNTY. | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Monarch Albemarle, NC | $37,536,351 | $92,387,705 |
Lutheran Family Services Of Virginia Inc Roanoke, VA | $21,862,417 | $39,175,791 |
Lutheran Family Services In The Carolinas Inc Salisbury, NC | $8,144,497 | $24,137,672 |
Jewish Family & Career Services Inc Atlanta, GA | $12,287,389 | $17,564,180 |
Clayton County Community Services Authority Inc Forest Park, GA | $3,675,143 | $13,405,367 |
Family Resource Agency Inc Cleveland, TN | $1,737,951 | $12,329,517 |
Agape Child And Family Services Inc Memphis, TN | $4,822,758 | $10,716,983 |
Family Service Of The Piedmont Inc Jamestown, NC | $2,937,225 | $9,785,018 |
Murphy-Harpst Childrens Centers Inc Cedartown, GA | $8,054,234 | $10,353,326 |
Family And Childrens Service Nashville, TN | $12,864,767 | $8,385,396 |
Safe Alliance Inc Charlotte, NC | $10,001,861 | $8,368,823 |
Families First Inc Atlanta, GA | $16,902,074 | $9,104,630 |