Macon County Care Network
- Assets
- $601.3k
- Revenue
- $391.5k
- Investments
- $0.0
- Employees
- 15
- Location
- Franklin, NC
- Founding
- 09/1989
- Data as of
- 12/2022
- EIN
- 58-1813122
Organization Overview
Macon County Care Network is located in Franklin, NC. The organization was established in 1989. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2022, Macon County Care Network employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Macon County Care Network 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, Macon County Care Network generated $391.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $370.4k 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
SERVING OUR NEIGHBORS IN NEED BY PROVIDING FOOD AND NURTURING HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MACON COUNTY CARE NETWORK HAS 2 MAIN PROGRAMS IN 2022 THAT PROVIDE SUPPLEMENTAL FOOD FOR THE RESIDENTS OF MACON COUNTY: THE BACKPACK PROGRAM, AND THE FOOD PANTRY ARE VITAL PROGRAMS THAT SERVE CHILDREN AND FAMILIES WHO ARE FOOD INSECURE. THE BACKPACK PROGRAM: THE BACKPACK PROGRAM IS A FOOD RESOURCE FOR CHILDREN IDENTIFIED AS "FOOD INSECURE" FOR OVER THE WEEKEND WHEN THEY MIGHT NOT GET A MEAL. THE PROGRAM DISTRIBUTED 14,025 BACKPACKS OF FOOD TO CHILDREN IN OUR COUNTY SCHOOL SYSTEM DURING THE CALENDAR YEAR OF 2022.
THE FOOD PANTRY: THE FOOD PANTRY IS A SUPPLEMENTAL FOOD RESOURCE FOR LOW-INCOME FAMILIES AND THE HOMELESS. QUALIFIED INDIVIDUALS ARE ABLE TO SHOP IN THE FOOD PANTRY TO HELP SUPPLEMENT THEIR NUTRITIONAL NEEDS. DURING THE CALENDAR YEAR OF 2022 THE FOOD PANTRY DISTRIBUTED 499,492 POUNDS OF FOOD TO 6,092 HOUSHOLDS-IN-NEED IN MACON COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Hogsed Executive Director | Officer | 40 | $44,655 |
Lacy Carpenter Board Chair | OfficerTrustee | 1.5 | $0 |
Mike Mcferrin Treasurer | OfficerTrustee | 1.5 | $0 |
Charlotte Childers Secretary | OfficerTrustee | 1.5 | $0 |
Devin Holland Member At Large | OfficerTrustee | 1.5 | $0 |
Abigail Crabtree Board Member | Trustee | 1.5 | $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 | $413,105 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $413,105 |
| Total Program Service Revenue | $0 |
| Investment income | $31 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,372 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$19,293 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $391,471 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100,120 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,655 |
| Compensation of current officers, directors, key employees. | $12,098 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,336 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,810 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $3,553 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,317 |
| Advertising and promotion | $3,306 |
| Office expenses | $15,086 |
| Information technology | $4,487 |
| Royalties | $0 |
| Occupancy | $17,496 |
| Travel | $9,004 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,132 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,606 |
| Insurance | $19,100 |
| All other expenses | $0 |
| Total functional expenses | $370,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,705 |
| Savings and temporary cash investments | $17,003 |
| 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 |
| Net Land, buildings, and equipment | $333,590 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $601,298 |
| Accounts payable and accrued expenses | $3,060 |
| 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 | $3,060 |
| Net assets without donor restrictions | $470,642 |
| Net assets with donor restrictions | $127,596 |
| 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 | $601,298 |