Orphanos Foundation
- Assets
- $4.3m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 7
- Location
- Cordova, TN
- Founding
- 02/1998
- Data as of
- 12/2022
- EIN
- 62-1694378
Organization Overview
Orphanos Foundation is located in Cordova, TN. The organization was established in 1998. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 12/2022, Orphanos Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orphanos Foundation 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 12/2022, Orphanos Foundation generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $5.0m during the year ending 12/2022. While expenses have increased by 13.7% per year over the past 8 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
CHRISTIAN-BASED AID TO ORPHANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHORT-TERM MISSION TRIPS TO ORPHANAGES IN CENTRAL AMERICA AND AFRICA.
VARIOUS AID-RELATED PROJECTS FOR 20 ORPHANAGES OR CHILDREN AT RISK MINISTRIES, WITH A TOTAL OF OVER 20,000 CHILDREN AT RISK.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Wayne Sneed Vice-Chairma | OfficerTrustee | 40 | $50,400 |
Jesus Christ Son Of God | Trustee | $0 | |
William Granger Director | Trustee | 1 | $0 |
Chad Hall Director | Trustee | 1 | $0 |
Kirk Johnston Director | Trustee | 1 | $0 |
John May Treasurer | 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 | $5,284,692 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,284,692 |
| Total Program Service Revenue | $0 |
| Investment income | $23,996 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,141 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $30,677 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,360,506 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,490 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,165,928 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,011 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,312 |
| Payroll taxes | $12,968 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $21,325 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,149 |
| Travel | $17,999 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,681 |
| Insurance | $0 |
| All other expenses | $4,554 |
| Total functional expenses | $5,025,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $525,793 |
| Savings and temporary cash investments | $1,705,091 |
| 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 | $8,688 |
| Net Land, buildings, and equipment | $538,740 |
| Investments—publicly traded securities | $1,497,487 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $18,132 |
| Other assets | $0 |
| Total assets | $4,293,931 |
| Accounts payable and accrued expenses | $66,218 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $18,132 |
| Other liabilities | $1,900 |
| Total liabilities | $86,250 |
| Net assets without donor restrictions | $392,249 |
| Net assets with donor restrictions | $3,815,432 |
| 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 | $4,293,931 |
Grants Awarded
Over the last fiscal year, Orphanos Foundation has awarded $12,688 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
KINGDOM COMMUNITY BUILDERS - OUT PURPOSE: SUPPORT FOR CHILDREN | $5,597 |
MEMPHIS COALITION FOR LIFE PURPOSE: CHARITABLE PURPOSE | $7,091 |