Family Resource Network Inc
- Assets
- $739.0k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Atlanta, GA
- Founding
- 01/1997
- Data as of
- 06/2021
- EIN
- 58-2252295
Organization Overview
Family Resource Network Inc, operating under the name TeenPact Leadership Schools, is located in Atlanta, GA. The organization was established in 1997. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2021, TeenPact Leadership Schools employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. TeenPact Leadership Schools 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 06/2021, TeenPact Leadership Schools generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.9m during the year ending 06/2021. While expenses have increased by 2.8% per year over the past 6 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
TEENPACT IS A DYNAMIC, HANDS-ON STUDENT LED LEADERSHIP SCHOOL FOR CHRISTIAN YOUTH AGES 8-19. THE TEENPACT MISSION IS ONE OF INTENTIONAL GROWTH, EDUCATION AND ENCOURAGEMENT TO BUILD UP THE NEXT GENERATION OF CHRISTIAN LEADERS AVAILABLE IN 42 STATES, TEENPACT HAS TRAINED OVER 48,000 YOUTH SINCE 1994.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TEENPACT STATE CAPITOL CLASS IS A 1 TO 4 DAY COMPREHENSIVE LEADERSHIP SCHOOL INTENDED TO EDUCATE YOUTH ABOUT THE FOUNDATIONS OF GOVERNMENT FROM BIBLICAL PERSPECTIVE THROUGH "HANDS ON" TRAINING, STUDENTS HAVE THE OPPORTUNITY TO CONNECT WITH THEIR LEGISLATORS, INTERVIEW LOBBYISTS, ANALYZE PUBLIC POLICY, AND BUILD RELATIONSHIPS WTIH LIKE-MINDED STUDENTS ENGAGING IN PROPER PARLIAMENTARY PROCEDURE AND PRACTICING PUBLIC SPEAKING BOOST CONFIDENCE AND CAUSES THEM TO SEE THEIR OWN POTENTIAL TO MAKE A DIFFERENCE.
TEENPACT NATIONAL CONVENTION IS A WEEKLONG EVENT SERVING AS A BRIDGE BETWEEN THE STATE CLASS PROGRAMS AND THE ALUMNI EVENT SEASON. THIS IS THE LARGEST SINGLE EVENT OF THE ENTIRE YEAR AND DRAWS STUDENTS FROM AROUND THE COUNTRY TO A WEEK OF MOCK ELECTIONS, GOD HONORING WORSHIP, NATIONALLY KNOWN SPEAKERS, ENRICHING SMALL GROUP ACTIVITIES, COMPETITIVE FRISBEE AND VOLLEYBALL TOURNAMENTS, AND DEEPENING RELATIONSHIPS WITH LIKE-MINDED BELIEVERS. THIS IS VIEWED AS A WEEK OF EQUIPPING STUDENTS FOR GOD'S CALL.
THE VARIOUS ALUMNI EVENTS ALLOW STUDENTS THE OPPORTUNITY OF GROWING DEEPER IN THEIR RELATIONSHIP WITH JESUS CHRIST AND BUILDING LIFE-LONG FRIENDSHIPS. THE VARIOUS EVENTS - JUDICIAL, SURVIVAL, CONGRESS, ENDEAVOR, VENTURE, AND BACK TO DC INCLUDE WORSHIP, FELLOWSHIP, FIRSBEE, AND FOOD TO ENHANCE THE OVERALL EXPERIENCE. WHETHER IN AN OUTDOOR SETTING OR IN WASHINGTON, DC, STUDENTS WILL BE ENCOURAGED BY THE DAILY DISCIPLESHIP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Martin President/ce | OfficerTrustee | 40 | $127,788 |
Rowland Cocks Cfo/working | OfficerTrustee | 10 | $0 |
Curtis Whatley Vice Preside | OfficerTrustee | 6 | $0 |
Tim Echols Board Member | Trustee | 2 | $0 |
Emily Matson Board Member | Trustee | 2 | $0 |
Julia Nelson Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,450 |
| Related organizations | $0 |
| Government grants | $84,317 |
| All other contributions, gifts, grants, and similar amounts not included above | $364,046 |
| Noncash contributions included in lines 1a–1f | $20,276 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $456,813 |
| Total Program Service Revenue | $1,690,937 |
| Investment income | $36 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$337 |
| Net Income from Fundraising Events | $37,993 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,186,912 |
| 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. | $129,572 |
| Compensation of current officers, directors, key employees. | $15,605 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $448,702 |
| Pension plan accruals and contributions | $8,216 |
| Other employee benefits | $0 |
| Payroll taxes | $39,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $350 |
| Fees for services: Accounting | $22,863 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,907 |
| Advertising and promotion | $0 |
| Office expenses | $59,290 |
| Information technology | $6,702 |
| Royalties | $0 |
| Occupancy | $36,745 |
| Travel | $118,864 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $758,023 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,668 |
| Insurance | $19,757 |
| All other expenses | $4,573 |
| Total functional expenses | $1,940,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,524 |
| Savings and temporary cash investments | $622,183 |
| 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 | $31,484 |
| Net Land, buildings, and equipment | $50,011 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,800 |
| Total assets | $739,002 |
| Accounts payable and accrued expenses | $12,329 |
| Grants payable | $0 |
| Deferred revenue | $70,246 |
| 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 | $83,352 |
| Other liabilities | $42,964 |
| Total liabilities | $208,891 |
| Net assets without donor restrictions | $518,311 |
| Net assets with donor restrictions | $11,800 |
| 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 | $739,002 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Family Resource Network Inc has recieved totaling $38,850.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: YOUTH DEVELOPMENT | $20,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $18,850 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Insideout Community Ministries Inc Clearwater, FL | $52,422,753 | $11,970,498 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Paramount Church Inc Palm Beach, FL | $0 | $8,970,572 |
Allegany Franciscan Ministries Inc Palm Harbor, FL | $132,053,877 | $12,610,220 |
Christian Sharing Center Inc Longwood, FL | $4,167,594 | $10,357,110 |
Maimonides-Shalom Academy Inc Fort Lauderdale, FL | $17,956,185 | $11,187,159 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |