Faces Of Accomplishment Inc
- Assets
- $414.9k
- Revenue
- $108.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 81-4861683
Organization Overview
Faces Of Accomplishment Inc is located in Sarasota, FL. The organization was established in 2017. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faces Of Accomplishment 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, Faces Of Accomplishment Inc generated $108.8k 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 (14.2%) each year. All expenses for the organization totaled $106.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MENTORING FOR ATRISK YOUTHS AND FINANCIAL SUPPORT FOR POSTSECONDARY EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENTORING AT-RISK YOUTHS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert C Jones President | OfficerTrustee | $0 | |
Terry Williams Treasurer | OfficerTrustee | $0 | |
Merrill Bonder Secretary | OfficerTrustee | $0 | |
Michael Hagan Director | Trustee | $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 | $103,867 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,867 |
| Total Program Service Revenue | $0 |
| Investment income | $4,151 |
| 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 | $108,762 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,599 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $74,083 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,240 |
| 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 | $7,154 |
| Information technology | $2,400 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $192 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,249 |
| All other expenses | $0 |
| Total functional expenses | $106,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $408,799 |
| Savings and temporary cash investments | $0 |
| 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 | $6,059 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $414,858 |
| Accounts payable and accrued expenses | $86 |
| 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 | $691 |
| Other liabilities | $0 |
| Total liabilities | $777 |
| Net assets without donor restrictions | $414,081 |
| 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 | $414,858 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Faces Of Accomplishment Inc has recieved totaling $65,000.
| Awarding Organization | Amount |
|---|---|
Seth Bonder Foundation Independence, OH PURPOSE: MENTORING PROGRAM | $65,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
100 Black Men Of America Inc Atlanta, GA | $7,881,351 | $7,585,339 |
Women Of Tomorrow Mentor And Scholarship Program Inc Doral, FL | $4,696,743 | $949,726 |
For Each 1 Reach 1 Mentoring Program Inc Brooksville, FL | $178,662 | $386,019 |
Mentor Me - North Georgia Inc Cumming, GA | $214,878 | $300,827 |
Hope Project International Lakeland, FL | $0 | $403,482 |
Winter Springs Youth Sports Inc Winter Springs, FL | $55,198 | $217,640 |
South Temple Empowerment Project Inc Miami, FL | $0 | $0 |
Saving Our Daughters Inc Dallas, GA | $37,965 | $0 |
Faces Of Accomplishment Inc Sarasota, FL | $414,858 | $108,762 |
Dare To Dream Young Girls Network Inc Tallahassee, FL | $4,044 | $0 |
Florida Youth Rugby Union Altamonte Springs, FL | $140,299 | $79,566 |
Guardian Watch Inc Hialeah, FL | $0 | $0 |