Volunteers Of America Inc is located in Shreveport, LA. The organization was established in 1965. According to its NTEE Classification (P26) the organization is classified as: Volunteers of America, under the broad grouping of Human Services and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Volunteers Of America 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, Volunteers Of America Inc generated $201.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $240.1k during the year ending 06/2022. While expenses have increased by 3.4% 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
PROVIDE AFFORDABLE HOUSING FOR DISABLED PERSONS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AFFORDABLE HOUSING FOR DISABLED PERSONS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Turnbull President | OfficerTrustee | $0 | |
Melissa Flores Secretary | OfficerTrustee | $0 | |
Jerry Edwards Vice Preside | OfficerTrustee | $0 | |
Lila Knicely Director | Trustee | $0 | |
James Ross Director | Trustee | $0 | |
Robert Bowman Director | Trustee | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $200,998 |
Investment income | $33 |
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 | $201,031 |
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 | $34,538 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,813 |
Payroll taxes | $4,342 |
Fees for services: Management | $15,361 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,353 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $454 |
Office expenses | $7,529 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $17,987 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,046 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $54,709 |
Insurance | $2,037 |
All other expenses | $0 |
Total functional expenses | $240,050 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,099 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2 |
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 | $0 |
Net Land, buildings, and equipment | $357,962 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $83,527 |
Total assets | $456,590 |
Accounts payable and accrued expenses | $27,373 |
Grants payable | $0 |
Deferred revenue | $286 |
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 | $3,839 |
Total liabilities | $31,498 |
Net assets without donor restrictions | -$538,508 |
Net assets with donor restrictions | $963,600 |
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 | $456,590 |
Over the last fiscal year, we have identified 1 grants that Volunteers Of America Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
American Endowment Foundation Hudson, OH PURPOSE: HUMAN SERVICE | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Volunteers Of America Inc New Orleans, LA | $26,593,789 | $3,321,092 |
The Foundation Of Arts For N E Arkansas Inc Jonesboro, AR | $386,379 | $940,567 |
Volunteers Of America Inc New Orleans, LA | $1,251,997 | $344,902 |
Volunteers Of America Inc New Orleans, LA | $956,588 | $347,122 |
Volunteers Of America Inc Euless, TX | $2,636,126 | $406,983 |
Mmm Heritage Bell Oaks Housing Corp Conroe, TX | $2,192,675 | $721,540 |
Volunteers Of America Inc Shreveport, LA | $644,023 | $223,150 |
Volunteers Of America Inc Shreveport, LA | $456,590 | $201,031 |
Volunteers Of America Inc Shreveport, LA | $409,397 | $174,710 |
Volunteers Of America Inc Shreveport, LA | $363,821 | $237,813 |
Volunteers Of America Inc Euless, TX | $1,380,339 | $172,816 |
Volunteers Of America Inc Euless, TX | $1,142,427 | $155,943 |