Dorcas Foundation
- Assets
- $4.5m
- Revenue
- $305.1k
- Investments
- $2.1m
- Employees
- 0
- Location
- Advance, NC
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 56-2232813
Organization Overview
Dorcas Foundation is located in Advance, NC. The organization was established in 2001. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dorcas Foundation 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 12/2021, Dorcas Foundation generated $305.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 69.8% each year . All expenses for the organization totaled $237.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT TO ENERGIZE MINISTRIES, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly R Beauchamp Treasurer | 0 | $0 | |
David W Owens Sr Secretary | 0 | $0 | |
Sheila Owens Director | 0 | $0 | |
Joel Boyles Director | 0 | $0 | |
Kim Riley Beauchamp President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $213,425 |
| Interest on Savings | $1,764 |
| Dividends & Interest | $32,300 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,260 |
| Capital Gain Net Income | $57,260 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $398 |
| Total Revenue | $305,147 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $171 |
| Depreciation | $0 |
| Occupancy | $5,432 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,383 |
| Total operating and administrative expenses | $37,320 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $237,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $862,259 |
| Savings and temporary cash investments | $100,000 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,200,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $255,940 |
| Other assets | $0 |
| Total assets | $4,530,320 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Dorcas Foundation has awarded $90,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Boone, NC PURPOSE: DISASTER & REFUGEE RELIEF | $30,000 |
ENERGIZE MINISTRIES PURPOSE: PASTORAL SUPPORT AND RESTORATION | $30,000 |
Nashville, TN PURPOSE: PURCHASE AND DISTRIBUTE BIBLES | $15,000 |
GREEN MEADOWS BAPTIST CHURCH PURPOSE: SUPPORT OF MISSIONARIES | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sandra And Leon Levine Jewish Community Center Inc Charlotte, NC | $17,990,606 | $9,977,571 |
Secession Golf Club Inc Beaufort, SC | $21,284,960 | $9,696,208 |
Wilds Christian Association Inc Taylors, SC | $20,869,499 | $7,593,399 |
Camp Twin Lakes Inc Atlanta, GA | $41,086,588 | $7,783,709 |
Big Life International Inc Blue Ridge, GA | $5,647,482 | $6,818,304 |
Scott Appalachian Industries Huntsville, TN | $7,761,990 | $3,857,138 |
Pentagon Federal Credit Union Fdn Penfed Foundation Alexandria, VA | $5,129,099 | $6,700,789 |
Astd Certification Institute Alexandria, VA | $932,146 | $4,170,037 |
Campbell Foundation Germantown, TN | $12,386,633 | $3,259,184 |
Shrine Mont Inc Orkney Springs, VA | $13,034,285 | $3,039,198 |
Youth Camps For Christ Inc Littleton, NC | $11,397,795 | $2,483,610 |
Bigstuf Ministries Inc Alpharetta, GA | $1,045,945 | $1,467,945 |