Strong Tower Presbyterian Foundation Inc
- Assets
- $321.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Macon, GA
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 81-4104679
Organization Overview
Strong Tower Presbyterian Foundation Inc is located in Macon, GA. The organization was established in 2017. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strong Tower Presbyterian Foundation 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 12/2021, Strong Tower Presbyterian Foundation Inc generated $52.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $114.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SHELTER FOR THE POOR IN MACON, GEORGIA THROUGH LOW-INCOME HOUSING RENTALS OF CERTAIN RESIDENTIAL PROPERTIES OWNED AND OPERATED THROUGH PLEASANT HILL HOUSING, LLC (A SINGLE MEMBER LIMITED LIABILITY COMPANY OF STRONG TOWER PRESBYTERIAN FOUNDATION, INC). AT DECEMBER 31, 2021, PLEASANT HILL HOUSING, LLC OWNED AND OPERATED 12 HOUSING UNITS IN THE PLEASANT HILL NEIGHBORHOOD. PROFITS OF PLEASANT HILL HOUSING, LLC ARE DISTRIBUTED THROUGH STRONG TOWER PRESBYTERIAN FOUNDATION, INC. TO STRONG TOWER FELLOWSHIP MISSION CHURCH. SEE SCHEDULE A, PART I, BOX 12-G, ORGANIZATION A.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby Newman CFO | 2 | $0 | |
John Carey Secretary | 2 | $0 | |
Richard Brett Barbee CEO | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,854 |
| Membership dues | $0 |
| Investment income | $39 |
| Gain or Loss | $5,738 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,631 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $113,996 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $113,996 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,902 |
| Other assets | $0 |
| Total assets | $321,747 |
| Total liabilities | $52,397 |
| Net assets or fund balances | $269,350 |
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