Family Foundation Fund Inc
- Assets
- $245.4k
- Revenue
- $322.0k
- Investments
- $500.0
- Employees
- 4
- Location
- Nashville, TN
- Founding
- 04/1993
- Data as of
- 12/2020
- EIN
- 62-1515570
Organization Overview
Family Foundation Fund Inc is located in Nashville, TN. The organization was established in 1993. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 12/2020, Family Foundation Fund Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Foundation 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 12/2020, Family Foundation Fund Inc generated $322.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $289.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
NURTURE FATHERLESS BOYS IN CHRIST-CENTERED MANHOOD BY CHANGING LIVES ONE BOY AT A TIME AND TO INSPIRE AND EQUIP MEN TO BE FATHERS THAT IMPACT THE DESTINY OF THE NEXT GENERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENTORING YOUNG MEN FROM FATHERLESS HOMES AND FUNDING THEIR EDUCATION THROUGH PRIVATE CHRISTIAN SCHOOLS. 8 YOUNG MEN PARTICIPATED IN SON CAMP IN 2020. 2 YOUNG MEN RECEIVED TUITION ASSISTANCE IN 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Onnie Kirk Executive Director & Directo | OfficerTrustee | 40 | $59,021 |
Margienell S Kirk Director | Trustee | 40 | $21,488 |
Joe Sandra Hutts Vice Chair & Director | OfficerTrustee | 1 | $0 |
David Mary Mcclellan Chair & Director | OfficerTrustee | 1 | $0 |
Claude Candace Blankenship Treasurer & Director | OfficerTrustee | 1 | $0 |
Andy Barbara Sneed Secretary & Director | OfficerTrustee | 1 | $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 | $353,256 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $353,256 |
| Total Program Service Revenue | $10,279 |
| Investment income | $1,765 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$43,271 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $322,029 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $22,435 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,509 |
| Compensation of current officers, directors, key employees. | $28,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,552 |
| Pension plan accruals and contributions | $1,895 |
| Other employee benefits | $0 |
| Payroll taxes | $11,201 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,183 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,775 |
| Advertising and promotion | $0 |
| Office expenses | $6,141 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,792 |
| Travel | $3,499 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $436 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,657 |
| Insurance | $10,859 |
| All other expenses | $10,412 |
| Total functional expenses | $289,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,695 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,235 |
| Loans from Officers, Directors, or Controlling Persons | $60,482 |
| 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 | $12,035 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $500 |
| Investments—program-related | $1,200 |
| Intangible assets | $0 |
| Other assets | $8,264 |
| Total assets | $245,411 |
| Accounts payable and accrued expenses | $24,392 |
| 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 | $36,934 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $27,375 |
| Other liabilities | $0 |
| Total liabilities | $88,701 |
| Net assets without donor restrictions | $156,710 |
| 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 | $245,411 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Family Foundation Fund Inc has recieved totaling $13,018.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: HUMAN SERVICE | $10,000 |
Soli Deo Gloria Foundation Nashville, TN PURPOSE: GENERAL SUPPORT | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Monarch Albemarle, NC | $37,536,351 | $92,387,705 |
Lutheran Family Services Of Virginia Inc Roanoke, VA | $21,862,417 | $39,175,791 |
Arkansas Support Network Inc Springdale, AR | $7,815,906 | $32,715,852 |
Lutheran Family Services In The Carolinas Inc Salisbury, NC | $8,144,497 | $24,137,672 |
Centers For Youth And Families Inc Little Rock, AR | $16,763,038 | $23,040,130 |
Mississippi Childrens Home Society Jackson, MS | $27,972,743 | $21,388,491 |
Jewish Family & Career Services Inc Atlanta, GA | $12,287,389 | $17,564,180 |
Family Guidance Center Montgomery, AL | $13,687,977 | $20,448,992 |
Academie Lafayette Kansas City, MO | $17,489,585 | $15,520,106 |
Clayton County Community Services Authority Inc Forest Park, GA | $3,675,143 | $13,405,367 |
Epworth Children & Family Services Inc Saint Louis, MO | $25,361,313 | $12,399,724 |
Family Resource Agency Inc Cleveland, TN | $1,737,951 | $12,329,517 |