Presbyterian Homes Of Georgia Inc
- Assets
- $22.7m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 16
- Location
- Quitman, GA
- Founding
- 01/1992
- Data as of
- 12/2020
- EIN
- 58-1944849
Organization Overview
Presbyterian Homes Of Georgia Inc is located in Quitman, GA. The organization was established in 1992. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2020, Presbyterian Homes Of Georgia Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Presbyterian Homes Of Georgia 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 12/2020, Presbyterian Homes Of Georgia Inc generated $5.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Presbyterian Homes Of Georgia Inc has awarded 19 individual grants totaling $7,225,017. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PRESBYTERIAN HOMES OF GEORGIA PROVIDES SUPPORT TO OTHER TAX EXEMPT ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESBYTERIAN HOMES OF GEORGIA PROVIDES MANAGEMENT & FINANCIAL SERVICES TO OTHER EXEMPT ORGANIZATIONS: PRESBYTERIAN HOME, QUITMAN, INC.; PRESBYTERIAN VILLAGE, AUSTELL, INC.; PHILIPS TOWER, DECATUR, INC.; CALVIN COURT, ATLANTA, INC.; WESTMINSTER PRESBYTERIAN HOMES, INC.; PRESBYTERIAN HOME, QUITMAN, RETIREMENT, INC.; SWAINSBORO PRESBYTERIAN APARTMENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Patterson President/ceo | OfficerTrustee | 40 | $355,573 |
Gwen Hardy COO | Officer | 40 | $270,310 |
Dianne Arrendale CFO | Officer | 40 | $221,357 |
Kevin Rackley Construction Manager | 40 | $151,025 | |
Frank H Mcelroy Jr President/ceo | OfficerTrustee | 40 | $38,865 |
Rev Tony Sundermeier Chair | OfficerTrustee | 1 | $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 | $1,412,083 |
| Noncash contributions included in lines 1a–1f | $39,491 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,412,083 |
| Total Program Service Revenue | $3,540,204 |
| Investment income | $192,771 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,187,690 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $555,330 |
| 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. | $1,363,779 |
| Compensation of current officers, directors, key employees. | $1,125,705 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $472,333 |
| Pension plan accruals and contributions | $1,133 |
| Other employee benefits | $142,697 |
| Payroll taxes | $104,827 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,449 |
| Fees for services: Accounting | $30,993 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,952 |
| Advertising and promotion | $18,185 |
| Office expenses | $78,270 |
| Information technology | $252,941 |
| Royalties | $0 |
| Occupancy | $88,479 |
| Travel | $64,007 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,692 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,949 |
| Insurance | $13,000 |
| All other expenses | $29,510 |
| Total functional expenses | $4,137,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,404,502 |
| Pledges and grants receivable | $755,633 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $8,305,129 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $101,365 |
| Net Land, buildings, and equipment | $154,339 |
| Investments—publicly traded securities | $10,145,656 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,841,347 |
| Total assets | $22,707,971 |
| Accounts payable and accrued expenses | $174,738 |
| 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 | $4,190,894 |
| Total liabilities | $4,365,632 |
| Net assets without donor restrictions | $8,728,243 |
| Net assets with donor restrictions | $9,614,096 |
| 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 | $22,707,971 |
Grants Awarded
Over the last fiscal year, Presbyterian Homes Of Georgia Inc has awarded $555,330 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Quitman, GA PURPOSE: OPERATIONAL ASSISTANCE | $275,000 |
Quitman, GA PURPOSE: OPERATIONAL ASSISTANCE | $275,000 |
Quitman, GA PURPOSE: OPERATIONAL ASSISTANCE | $5,330 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Presbyterian Homes Of Georgia Inc has recieved totaling $501,250.
| Awarding Organization | Amount |
|---|---|
Lettie Pate Whitehead Foundation Inc Atlanta, GA PURPOSE: For the care of aged women. | $456,000 |
Macintyre Fund Leroy B Edwards Ttee Thomasville, GA PURPOSE: TO PROVIDE FUNDS FOR THIS SUPPORTED ORGANIZATION. | $30,000 |
W Emory Water Jr Charitable Trust Atlanta, GA PURPOSE: CARING HANDS FUND | $10,000 |
Lassiter Family Charitable Foundation Inc Atlanta, GA PURPOSE: ELDER CARE SUPPORT | $3,500 |
William J & Dorothy K Oneill Foundation Inc Cleveland, OH PURPOSE: GENERAL OPERATIONS | $1,250 |
Jolly Foundation Inc Savannah, GA PURPOSE: UNRESTRICTED GRANT | $500 |
Endowment Analysis
| Beg. Balance | $8,653,155 |
| Earnings | $1,210,485 |
| Net Contributions | $100,600 |
| Ending Balance | $9,964,240 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakeshore Estate Inc Nashville, TN | $27,064,642 | $18,022,154 |
Sarasota Manatee Jewish Housing Council Inc Sarasota, FL | $25,733,958 | $18,693,648 |
Carpenters Home Estates Inc Lakeland, FL | $64,229,461 | $19,045,367 |
Menorah Manor Inc St Petersburg, FL | $10,980,323 | $18,960,308 |
Samaritan Housing Foundation Inc Cary, NC | $309,375,809 | $14,744,618 |
Penick Village Inc Southern Pines, NC | $72,235,809 | $19,517,376 |
Ave Maria Home Memphis, TN | $24,665,366 | $18,165,699 |
Central Georgia Senior Health Inc Macon, GA | $135,213,897 | $22,356,882 |
Blakeford At Green Hills Corporation Nashville, TN | $102,878,006 | $17,185,961 |
Penney Retirement Community Inc Penney Farms, FL | $61,971,655 | $17,793,426 |
Masonic And Eastern Star Home Greensboro, NC | $138,321,577 | $15,654,772 |
Lutheran Home-Hickory Inc Salisbury, NC | $8,958,824 | $16,014,095 |