Inter-Faith Council For Social Service
- Assets
- $15.9m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 51
- Location
- Carrboro, NC
- Founding
- 11/1970
- Data as of
- 06/2021
- EIN
- 59-1224041
Organization Overview
Inter-Faith Council For Social Service is located in Carrboro, NC. The organization was established in 1970. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Inter-Faith Council For Social Service employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inter-Faith Council For Social Service 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, Inter-Faith Council For Social Service generated $3.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $3.2m during the year ending 06/2021. 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
TO CONFRONT THE CAUSES AND RESPOND TO THE EFFECTS OF POVERTY IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IFC OFFERS DIRECT, TANGIBLE SUPPORT TO FAMILIES AND INDIVIDUALS WHO ARE UNABLE TO MEET BASIC NEEDS DUE TO POVERTY OR CRISIS, AND AS A RESULT MAY BE HOMELESS, FOOD INSECURE, AND/OR LACKING A NATURAL SUPPORT SYSTEM. IFC ALSO CONFRONTS THE CAUSES OF POVERTY AND PROMOTES LONG-TERM CHANGE THROUGH ADVOCACY, COMMUNITY BUILDING, LEADERSHIP DEVELOPMENT, AND PARTICIPATION IN THE DEMOCRATIC PROCESS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Jenks Executive Director | Officer | 40 | $114,691 |
Jeffrey Causey Finance Director | Officer | 40 | $72,204 |
Jay Miller Treasurer | OfficerTrustee | 4 | $0 |
Molly Demarco Chair | OfficerTrustee | 4 | $0 |
Susan Berendzen Secretary | OfficerTrustee | 4 | $0 |
Vicky Kim Vice-Chair | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $16,671 |
| Related organizations | $0 |
| Government grants | $873,070 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,954,292 |
| Noncash contributions included in lines 1a–1f | $81,785 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,844,033 |
| Total Program Service Revenue | $8,100 |
| Investment income | $256 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $30,741 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,883,430 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $330,554 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $215,484 |
| Compensation of current officers, directors, key employees. | $40,942 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,485,068 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $209,397 |
| Payroll taxes | $131,292 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $480 |
| Fees for services: Accounting | $36,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,658 |
| Fees for services: Other | $92,084 |
| Advertising and promotion | $5,838 |
| Office expenses | $44,061 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $127,324 |
| Travel | $14,468 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,290 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $267,757 |
| Insurance | $32,367 |
| All other expenses | $0 |
| Total functional expenses | $3,219,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,315,916 |
| Savings and temporary cash investments | $494,656 |
| Pledges and grants receivable | $557,611 |
| 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 | $16,025 |
| Net Land, buildings, and equipment | $10,126,500 |
| Investments—publicly traded securities | $3,242,893 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $146,371 |
| Total assets | $15,899,972 |
| Accounts payable and accrued expenses | $265,687 |
| 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 | $684,106 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $256,164 |
| Total liabilities | $1,205,957 |
| Net assets without donor restrictions | $7,048,804 |
| Net assets with donor restrictions | $7,645,211 |
| 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 | $15,899,972 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Inter-Faith Council For Social Service has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Chapel Hill Residential Retirement Center Inc Chapel Hill, NC PURPOSE: MEALS FOR FOOD INSESURE SENIORS HOUSING FOR HOMELESS SENIORS | $25,000 |
Endowment Analysis
| Beg. Balance | $1,992,731 |
| Earnings | $645,188 |
| Admin Expense | $21,109 |
| Ending Balance | $2,616,810 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Board Of Jewish Missions Inc Hixson, TN | $2,718,251 | $3,563,282 |
Inter-Faith Council For Social Service Carrboro, NC | $15,899,972 | $3,883,430 |
Freedom In Christ Inc Candler, NC | $5,188,211 | $4,960,348 |
Faith In Serving Humanity Inc Monroe, GA | $1,805,555 | $2,585,390 |
Fundamental Baptist World-Wide Mission Inc Memphis, TN | $211,852 | $2,147,963 |
Wilson County Interfaith Services Inc Wilson, NC | $1,151,971 | $1,372,066 |
Haiti180 Inc Gallatin, TN | $2,661,386 | $1,891,178 |
Irf Secretariat Arlington, VA | $57,504 | $973,336 |
Great Lakes Outreach Inc Charleston, SC | $542,547 | $839,976 |
No Greater Joy Ministries Inc Pleasantville, TN | $1,223,754 | $1,283,810 |
Virginia Interfaith Center For Public Policy Richmond, VA | $1,414,922 | $1,134,889 |
Missionary Air Group Inc Burlington, NC | $573,689 | $787,575 |