Mt Olive Community Outreach Center Inc is located in Albany, GA. The organization was established in 1992. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Mt Olive Community Outreach Center Inc employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Olive Community Outreach Center 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 12/2021, Mt Olive Community Outreach Center Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 6.2% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING TO LOW AND MODERATE INCOME TENANTS IN THE EAST ALBANY, GEORGIA AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOUSING TO LOW AND MODERATE INCOME TENANTS IN THE EAST ALBANY, GEORGIA AREA.
AFTER SCHOOL AND SUMMER CAMP PROGRAMS FOR STUDENTS OF THE LOCAL COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rev Lorenzo Heard Executive Director | Officer | 40 | $0 |
Larry C Shaw Chairman | Officer | 5 | $0 |
Charlie Greene Secretary | Officer | 5 | $0 |
Esheka Hopper Asst. Secretary | Officer | 5 | $0 |
Catherine Shepherd Director | Trustee | 5 | $0 |
Clinton S Johnson Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,598,029 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,598,029 |
Total Program Service Revenue | $1,105,394 |
Investment income | $0 |
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 | $2,935,637 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $722,976 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,800 |
Payroll taxes | $46,720 |
Fees for services: Management | $0 |
Fees for services: Legal | $12,000 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $480,434 |
Advertising and promotion | $0 |
Office expenses | $3,443 |
Information technology | $43,706 |
Royalties | $0 |
Occupancy | $218,904 |
Travel | $5,127 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $90,716 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $158,753 |
Insurance | $67,982 |
All other expenses | $129,296 |
Total functional expenses | $2,981,351 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $51,794 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $273,759 |
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 | $3,493,175 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,587,167 |
Total assets | $5,405,895 |
Accounts payable and accrued expenses | $131,946 |
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 | $1,482,019 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $87,298 |
Total liabilities | $1,701,263 |
Net assets without donor restrictions | $1,238,301 |
Net assets with donor restrictions | $2,466,331 |
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 | $5,405,895 |
Over the last fiscal year, we have identified 1 grants that Mt Olive Community Outreach Center Inc has recieved totaling $284.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $284 |
Organization Name | Assets | Revenue |
---|---|---|
Lions Services Inc Charlotte, NC | $6,497,878 | $15,970,949 |
Sertoma Center Inc Knoxville, TN | $10,787,048 | $12,520,977 |
Randolph Community Service Inc Randleman, NC | $1,820,869 | $8,445,154 |
Jaars Inc Waxhaw, NC | $12,433,340 | $6,450,483 |
Dannon Project Birmingham, AL | $2,922,674 | $5,792,591 |
Pee Dee Coalition Against Domestic And Sexual Assault Florence, SC | $7,943,993 | $6,463,793 |
211 Tampa Bay Cares Inc Clearwater, FL | $2,619,145 | $5,287,939 |
Heart Of Ga Community Action Council Inc Warner Robins, GA | $1,148,335 | $3,700,784 |
Community Assistance Center Inc Atlanta, GA | $5,646,342 | $4,660,397 |
Mt Olive Community Outreach Center Inc Albany, GA | $5,405,895 | $2,935,637 |
Crisis Services Of North Alabama Huntsville, AL | $1,726,026 | $2,795,919 |
Anna Maria Island Lodge 2188 Loyal Order Of Moose Bradenton Beach, FL | $5,635,764 | $2,307,558 |