Free Will Baptist Childrens Home is located in Eldridge, AL. According to its NTEE Classification (P76) the organization is classified as: Homes for Children & Adolescents, under the broad grouping of Human Services and related organizations. As of 08/2023, Free Will Baptist Childrens Home employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Will Baptist Childrens Home is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MISSON IS TO PROVIDE A LOVING CHRISTIAN HOME TO CHILDREN WHO ARE IN NEED OF CARE AND MAY BE HURTING BECAUSE OF THE CIRCUMSTANCES OF LIFE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL EXPENSE INCURRED ARE TO ATAIN THE ABOVE GOAL SET
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rodney Yerby | OfficerTrustee | 4 | $0 |
Shelia Bynum | Trustee | 1 | $0 |
Wayne Parker | Trustee | 1 | $0 |
Joey Pettis | Trustee | 1 | $0 |
Tim Baumgarten | Trustee | 1 | $0 |
Waymon Fields | Trustee | 1 | $0 |
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 | $1,386,402 |
Noncash contributions included in lines 1a–1f | $3,193 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,386,402 |
Total Program Service Revenue | $0 |
Investment income | $50,059 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $19,104 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,455,565 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $570,117 |
Pension plan accruals and contributions | $16,312 |
Other employee benefits | $167,951 |
Payroll taxes | $43,396 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,235 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $73,152 |
Office expenses | $4,072 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $180,235 |
Travel | $0 |
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 | $169,787 |
Insurance | $68,829 |
All other expenses | $0 |
Total functional expenses | $1,472,723 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $296,256 |
Savings and temporary cash investments | $1,638,517 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,797 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $116,100 |
Inventories for sale or use | $13,042 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,875,236 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,942,948 |
Accounts payable and accrued expenses | $27,544 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $27,544 |
Net assets without donor restrictions | $2,769,355 |
Net assets with donor restrictions | $1,146,049 |
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 | $3,942,948 |