Appalachian Community Fund Inc
- Assets
- $5.9m
- Revenue
- $2.0m
- Investments
- $3.8m
- Employees
- 6
- Location
- Knoxville, TN
- Founding
- 07/1988
- Data as of
- 06/2022
- EIN
- 62-1316019
Organization Overview
Appalachian Community Fund Inc is located in Knoxville, TN. The organization was established in 1988. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Appalachian Community Fund Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appalachian Community Fund 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 06/2022, Appalachian Community Fund Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.1% each year . All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 31.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
APPALACHIAN COMMUNITY FUND PROVIDES RESOURCES AND SUPPORT TO GRASSROOTS GROUPS AND COMMUNITY-BASED ORGANIZATIONS WORKING FOR SOCIAL, ECONOMIC, RACIAL AND ENVIRONMENTAL JUSTICE IN CENTRAL APPALACHIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND ALLOCATIONS TO PROVIDE SUPPORT TO NON-PROFIT 501(C)(3) COMMUNITY BASED ORGANIZATIONS ADDRESSING SOCIAL AND ECONOMIC PROBLEMS.
SUPPORT OF AREA ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandi Augustus Treasurer | OfficerTrustee | 2 | $0 |
Emanuel Bailey Chair | OfficerTrustee | 2 | $0 |
Ashley M Browning Secretary | OfficerTrustee | 2 | $0 |
Anglea Alston Member | Trustee | 2 | $0 |
Janell Pisegna Member | Trustee | 2 | $0 |
Mo Hall Member | Trustee | 2 | $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 | $1,865,651 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,865,651 |
| Total Program Service Revenue | $0 |
| Investment income | $3,787 |
| 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 | $1,966,979 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $644,317 |
| Grants and other assistance to domestic individuals. | $271,446 |
| 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 | $299,791 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,886 |
| Payroll taxes | $23,450 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,246 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,026 |
| Advertising and promotion | $952 |
| Office expenses | $16,250 |
| Information technology | $9,377 |
| Royalties | $0 |
| Occupancy | $15,387 |
| Travel | $5,625 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,454 |
| Interest | $1,810 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $934 |
| All other expenses | $0 |
| Total functional expenses | $1,353,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $712,424 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,256 |
| 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 | $5,045 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,784,667 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,444,364 |
| Total assets | $5,948,756 |
| Accounts payable and accrued expenses | $5,372 |
| Grants payable | $55,299 |
| 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 | $47,826 |
| Other liabilities | $2,121 |
| Total liabilities | $110,618 |
| Net assets without donor restrictions | $2,690,860 |
| Net assets with donor restrictions | $3,147,278 |
| 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 | $5,948,756 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Appalachian Community Fund Inc has recieved totaling $4,264,166.
| Awarding Organization | Amount |
|---|---|
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $4,011,320 |
F B Heron Foundation New Milford, CT PURPOSE: GENERAL SUPPORT | $100,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $43,127 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $39,390 |
Elhapa Foundation Inc Lexington, KY PURPOSE: TO SUPPORT GENERAL OPERATIONS | $30,000 |
East Tennessee Foundation Knoxville, TN PURPOSE: PROGRAM DEVELOPMENT | $20,000 |
Endowment Analysis
| Beg. Balance | $989,917 |
| Earnings | -$116,022 |
| Admin Expense | $3,806 |
| Ending Balance | $870,089 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chc Creating Healthier Communities Alexandria, VA | $23,119,840 | $20,885,598 |
Circle Of Life Springdale, AR | $23,639,439 | $20,357,791 |
Jewish Federation Of St Louis St Louis, MO | $156,968,183 | $19,475,995 |
Safa Trust Inc Herndon, VA | $343,266,740 | $16,390,451 |
United Way Of Forsyth County Inc Winstonsalem, NC | $7,740,159 | $13,512,937 |
United Way Of Greater Knoxville Inc Knoxville, TN | $44,188,764 | $10,173,426 |
United Way Of The Greater Triangle Inc Durham, NC | $8,988,793 | $10,685,118 |
United Way Of The Mid-South Memphis, TN | $15,939,575 | $10,736,980 |
United Way Of Greater Chattanooga Chattanooga, TN | $28,378,228 | $9,851,005 |
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |
United Way Of The Coastal Empire Inc Savannah, GA | $26,438,024 | $9,161,083 |
Tidewater Jewish Foundation Inc Virginia Beach, VA | $49,573,361 | $8,475,302 |