Homeaid Atlanta Inc
- Assets
- $928.2k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 22
- Location
- Atlanta, GA
- Founding
- 11/2002
- Data as of
- 12/2022
- EIN
- 58-0024106
Organization Overview
Homeaid Atlanta Inc is located in Atlanta, GA. The organization was established in 2002. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2022, Homeaid Atlanta Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeaid Atlanta 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, Homeaid Atlanta Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 8.8% per year over the past 8 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.
Since 2015, Homeaid Atlanta Inc has awarded 98 individual grants totaling $4,389,983. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOMEAID ATLANTA FACILITATES THE CONSTRUCTION OR RENOVATION OF PHYSICAL FACILITIES FOR WORTHY NONPROFIT CAREGIVERS WHO ARE DEDICATED TO ASSITING THE TEMPORARILY HOMELESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING SINCE 2001, THE ORGANIZATION HAS COMPLETED OVER 140 HOUSING, REMODELING, AND VOLUNTEER WORKDAY PROJECTS FOR LOCAL NONPROFITS WORKING WITH PEOPLE EXPERIENCING HOMELESSNESS AND PROVIDED NEARLY 5 MILLION IN SAVINGS TO THESE ORGANIZATIONS. HISTORICALLY, HOMEAID PROVIDES 50%-85% OF THE TOTAL COST OF THE CONSTRUCTION PROJECT THROUGH IN-KIND DONATIONS OF SERVICES AND MATERIALS.
OUTREACH THE ORGANIZATION REACHES OUT TO MEET THE IMMEDIATE NEEDS OF ATLANTA FAMILIES AND INDIVIDUALS EXPERIENCING HOMELESS AND THE ORGANIZATIONS THAT ASSIST THEM. EVERY YEAR, WE COMPLETE SEVERAL HOMEAID CARE DAYS, HOMEAID CAREKITS, AND THE ESSENTIALS DRIVE.
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Crater Executive Di | OfficerTrustee | 40 | $0 |
Tony Albachiara President | Trustee | $0 | |
Tom Bowers Board Member | Trustee | $0 | |
Jeff Brock Board Member | Trustee | $0 | |
Rick Carruthers Board Member | Trustee | $0 | |
Anne Delorenzo Board Secret | Trustee | $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 | $1,063,747 |
| Noncash contributions included in lines 1a–1f | $688,615 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,063,747 |
| Total Program Service Revenue | $0 |
| Investment income | $2,772 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,254 |
| Net Income from Fundraising Events | $64,748 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,111,013 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $676,110 |
| 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. | $103,686 |
| Compensation of current officers, directors, key employees. | $25,506 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $188,581 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,096 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,875 |
| Office expenses | $13,104 |
| Information technology | $1,035 |
| Royalties | $0 |
| Occupancy | $12,505 |
| Travel | $7,764 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,998 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,500 |
| Insurance | $6,686 |
| All other expenses | $4,212 |
| Total functional expenses | $1,035,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,089 |
| Savings and temporary cash investments | $20,732 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,899 |
| 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 |
| Net Land, buildings, and equipment | $28,000 |
| Investments—publicly traded securities | $491,467 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $928,187 |
| Accounts payable and accrued expenses | $80,134 |
| Grants payable | $0 |
| Deferred revenue | $150,610 |
| 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 | $230,744 |
| Net assets without donor restrictions | $697,443 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $928,187 |
Grants Awarded
Over the last fiscal year, Homeaid Atlanta Inc has awarded $676,110 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CROSSROADS COMMUNITY MINISTRIES PURPOSE: COMMUNITY OUTREACH | $8,000 |
GIGI'S HOUSE PURPOSE: COMMUNITY OUTREACH | $51,190 |
TOTAL OF OTHER GRANTS 5KPSA 2 OUTREACH PURPOSE: COMMUNITY OUTREACH | $261,325 |
TOTAL OF OTHER GRANTS 5KPSA 1 HOMEBUILDING PURPOSE: HOMEBUILDING | $355,595 |