Hickory Cove Bible Camp
- Assets
- $1.6m
- Revenue
- $388.6k
- Investments
- $0.0
- Employees
- 18
- Location
- Taylorsville, NC
- Founding
- 11/1962
- Data as of
- 12/2022
- EIN
- 56-6061049
Organization Overview
Hickory Cove Bible Camp is located in Taylorsville, NC. The organization was established in 1962. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Hickory Cove Bible Camp employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hickory Cove Bible Camp 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, Hickory Cove Bible Camp generated $388.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $388.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP EQUIP CHILDREN AND TEENS TO BE LIFELONG FOLLOWERS OF JESUS THROUGH CAMP MINISTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NON-SPONSORED - RENTAL OF PREMISES FOR YOUTH RETREATS, CONFERENCES, CHURCH PLANNING SESSIONS, FAMILY REUNIONS, AND PICNICS. APPROXIMATELY 1500 PEOPLE SERVED.
PROGRAMS - SUMMER WEEK LONG AND YEAR ROUND WEEKEND CAMPS FOR ALL AGES. APPROXIMATELY 200 PEOPLE SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Todd Board Chairman | OfficerTrustee | 10 | $0 |
Barbara Taylor Board Member | Trustee | 2 | $0 |
Ryan Hubler Board Member | Trustee | 2 | $0 |
John Novak Board Member | Trustee | 2 | $0 |
Mike Gordon Board Member | Trustee | 2 | $0 |
Angie Jones Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $244,918 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,918 |
| Total Program Service Revenue | $139,605 |
| Investment income | -$942 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,225 |
| Net Gain/Loss on Asset Sales | -$1,010 |
| Net Income from Fundraising Events | $5,117 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,310 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $388,603 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $61,480 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $81,890 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,638 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,916 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,994 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,157 |
| Insurance | $25,655 |
| All other expenses | $48,188 |
| Total functional expenses | $388,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $524,649 |
| Savings and temporary cash investments | $0 |
| 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 | $37,426 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $964,878 |
| Investments—publicly traded securities | $47,846 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,574,799 |
| Accounts payable and accrued expenses | $6,355 |
| Grants payable | $0 |
| Deferred revenue | $12,585 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $130,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $148,940 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,425,859 |
| Total liabilities and net assets/fund balances | $1,574,799 |