Sandhills Family Heritage Association
- Assets
- $554.8k
- Revenue
- $473.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Spring Lake, NC
- Founding
- 04/2002
- Data as of
- 06/2022
- EIN
- 56-2243711
Organization Overview
Sandhills Family Heritage Association is located in Spring Lake, NC. The organization was established in 2002. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sandhills Family Heritage Association 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 06/2022, Sandhills Family Heritage Association generated $473.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 63.6% each year . All expenses for the organization totaled $56.4k during the year ending 06/2022. While expenses have increased by 1.2% per year over the past 6 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
TO CREATE ECONOMIC OPPORTUNITIES, SAVE FAMILY LAND, PROMOTE HEALTH AND WELL-BEING, AND PRESERVE THE CULTURAL HERITAGE OF AFRICAN AMERICANS WHOSE FAMILY ROOTS ARE IN THE SANDHILLS OF NORTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY HERITAGE CENTER TO SUPPORT FAMILIES WHO HAVE LIMITED RESOURCES AND PROVIDE ASSISTANCE TO LANDOWNERS AT RISK OF LOSING THEIR LAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Brower Chair | OfficerTrustee | 10 | $0 |
Priscilla Burton Treasurer | OfficerTrustee | 10 | $0 |
Debra Clyde Secretary | OfficerTrustee | 10 | $0 |
Doris Lucas Board Member | Trustee | 5 | $0 |
Desi Campbell Board Member | Trustee | 5 | $0 |
Myron Jones Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $470,341 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $979 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $305 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $473,880 |
| 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. | $18,508 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,426 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,494 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,100 |
| Advertising and promotion | $0 |
| Office expenses | $1,246 |
| Information technology | $809 |
| Royalties | $0 |
| Occupancy | $4,729 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,691 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,133 |
| Insurance | $1,872 |
| All other expenses | $0 |
| Total functional expenses | $56,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $315,482 |
| Savings and temporary cash investments | $115,958 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $554,832 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $522,582 |
| Net assets with donor restrictions | $32,250 |
| 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 | $554,832 |