Abundant Life Community Services Inc
- Assets
- $28.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Bern, NC
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 56-2217800
Organization Overview
Abundant Life Community Services Inc is located in New Bern, NC. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abundant Life Community Services 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, Abundant Life Community Services Inc generated $47.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $34.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Earnst Pearsall President | 28 | $0 | |
Yolanda Reed Secretary | 15 | $0 | |
Patricia Dixon Treasurer | 20 | $0 | |
Arnold Mcdavid Board Member | 15 | $0 | |
Katrina Henderson Board Member | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,570 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,570 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,813 |
| Professional fees and other payments to independent contractors | $5,940 |
| Occupancy, rent, utilities, and maintenance | $8,349 |
| Printing, publications, postage, and shipping | $1,579 |
| Other expenses | $2,737 |
| Total expenses | $34,418 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,879 |
| Other assets | $0 |
| Total assets | $28,879 |
| Total liabilities | $1,863 |
| Net assets or fund balances | $27,016 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Abundant Life Community Services Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
The Conservation Fund A Nonprofit Corporation Arlington, VA PURPOSE: CONSERVATION OF NATURAL RESOURCES;SUSTAINABLE ECONOMIC & COMMUNITY DEVELOPMENT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Mission Norfolk, VA | $19,076,349 | $10,467,458 |
Westside Future Fund Atlanta, GA | $55,374,938 | $4,466,187 |
Hartwood Foundation Inc Fairfax, VA | $10,472,777 | $9,719,871 |
Greensboro Urban Ministry Greensboro, NC | $9,704,023 | $8,817,068 |
P3 Foundation Inc Charlotte, NC | $75,107,588 | $5,131,940 |
Fulton-Atlanta Community Action Authority Inc Atlanta, GA | $1,160,189 | $9,503,293 |
Family Resource Agency Inc Cleveland, TN | $3,123,531 | $9,293,392 |
Franklin Vance Warren Opportunity Henderson, NC | $4,057,269 | $9,956,290 |
Olivet Medical Ministry Inc Yorktown, VA | $5,086,470 | $8,947,962 |
T3 Labs Atlanta, GA | $9,085,833 | $8,566,316 |
Housing Preservation Inc Memphis, TN | $40,176,409 | $5,595,751 |
Union County Community Action Inc Monroe, NC | $2,766,376 | $8,366,700 |