Southern Foundation For Homeless is located in Starkville, MS. The organization was established in 1993. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Southern Foundation For Homeless employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Foundation For Homeless 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, Southern Foundation For Homeless generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 2.5% 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
WE PROVIDE A CARING AND NURTURING ENVIRONMENT FOR AT-RISK CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTHERN FOUNDATION IS THE SPONSOR TO A FAMILY DAY CARE HOME PROGRAM CHILD CARE FOOD PROGRAM AND A SUMMER FEEDING SERVICE PROGRAM ADMINISTERED BY THE STATE OF MS DEPT OF EDUCATION IN WHICH INDIVIDUALS AND CENTERS PROVIDE NUTRITIOUS MEALS TO SCHOOL-AGE AT-RISK CHILDREN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gwendolyn Gray CEO | Officer | 40 | $96,000 |
Teresa Davis CFO | Officer | 20 | $42,000 |
Regina Evans Board Members | Trustee | 2 | $0 |
Howard Lampkin Board Treasurer | Trustee | 5 | $0 |
Katie Pittman Board President | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,413,376 |
All other contributions, gifts, grants, and similar amounts not included above | $19,884 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,433,260 |
Total Program Service Revenue | $0 |
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 | $2,462,032 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,659,275 |
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 | $575,533 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $18,790 |
Payroll taxes | $48,642 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,155 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $26,387 |
Advertising and promotion | $3,519 |
Office expenses | $71,662 |
Information technology | $1,994 |
Royalties | $0 |
Occupancy | $36,900 |
Travel | $26,842 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $992 |
Interest | $6,595 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,715 |
Insurance | $13,105 |
All other expenses | $0 |
Total functional expenses | $2,521,745 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100,264 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $162,813 |
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 | $3,150 |
Net Land, buildings, and equipment | $151,818 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $418,045 |
Accounts payable and accrued expenses | $172,634 |
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 | $54,333 |
Secured mortgages and notes payable | $157,501 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,650 |
Total liabilities | $391,118 |
Net assets without donor restrictions | $26,927 |
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 | $418,045 |
Over the last fiscal year, we have identified 2 grants that Southern Foundation For Homeless has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
Southern Poverty Law Center Inc Montgomery, AL PURPOSE: COVID-19 FOOD SECURITY GRANT | $50,000 |
Southern Poverty Law Center Inc Montgomery, AL PURPOSE: COVID-19 FOOD SECURITY GRANT | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
La Salle Community Action Association Inc Harrisonburg, LA | $1,891,587 | $9,621,050 |
Alabama Bankers Association Inc Montgomery, AL | $3,505,775 | $3,822,540 |
Louisiana Rural Water Association Inc Kinder, LA | $1,953,034 | $3,261,725 |
Alabama Rural Water Association Montgomery, AL | $2,377,857 | $3,170,318 |
Southern Foundation For Homeless Starkville, MS | $418,045 | $2,462,032 |
Macon-Russell Community Action Agency Incorporated Tuskegee, AL | $785,450 | $2,551,458 |
Dearborn Young Mens Chrstian Association Mobile, AL | $585,322 | $1,204,188 |
Chattanooga Design Studio Chattanooga, TN | $759,130 | $913,559 |
Community Action Agencies Birmingham, AL | $819,601 | $835,711 |
Louisiana Rural Health Association Napoleonville, LA | $310,083 | $754,933 |
Smiths Crossing Rural Water Association Inc Magee, MS | $2,927,193 | $804,239 |
Episcopal Housing Development Corporation Of Grenada All Saints Jackson, MS | $1,948,130 | $512,827 |