Ark Charities
- Assets
- $0.0
- Revenue
- $45.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Pleasant Garden, NC
- Founding
- 11/2017
- Data as of
- 06/2021
- EIN
- 82-2896599
Organization Overview
Ark Charities is located in Pleasant Garden, NC. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ark Charities 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 06/2021, Ark Charities generated $45.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.5% each year . All expenses for the organization totaled $38.0k during the year ending 06/2021. While expenses have increased by 26.7% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTS OF RANDOM KINDNESS
CHRISTMAS FAMILIES
BACK TO SCHOOL
FOOD BANKS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Singleton President | 2 | $0 | |
Charles Singleton Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $45,774 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $45,774 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $96 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $13,390 |
| Contributions, gifts, grants paid | $24,616 |
| Total expenses and disbursements | $38,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,321 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ark Charities has awarded $24,616 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
REASHELLE MADKINS PURPOSE: PAYMENT FOR RENT & COVID ASSISTANCE | $6,660 |
RANDLEMAN HIGH SCHOOL PURPOSE: EDUCATIONAL SUPPLIES & SERVICES (MIMIO BOX LIGHT CHROME BOOKS & FUNCTIONING SKILLS CLASS) | $3,750 |
Greensboro, NC PURPOSE: PAYMENT FOR RENT & SUPPLIES (30 BOOK BAGS) | $3,600 |
BIG OAK CHURCH OF GOD PURPOSE: SUPPORT FOR WIDOWED PARISHIONER & OTHERS IN NEED OF ASSISTANCE | $3,500 |
COMMUNITIES IN SCHOOLS PURPOSE: EDUCATIONAL SUPPORT; GOLF FUND RAISER | $1,900 |
JOYCE MORTON PURPOSE: PAYMENT FOR AUTOMBILE REPAIRS | $1,880 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Mission Norfolk, VA | $19,076,349 | $10,467,458 |
Westside Future Fund Atlanta, GA | $55,374,938 | $4,466,187 |
Hartwood Foundation Inc Fairfax, VA | $10,472,777 | $9,719,871 |
Greensboro Urban Ministry Greensboro, NC | $9,704,023 | $8,817,068 |
P3 Foundation Inc Charlotte, NC | $75,107,588 | $5,131,940 |
Fulton-Atlanta Community Action Authority Inc Atlanta, GA | $1,160,189 | $9,503,293 |
Family Resource Agency Inc Cleveland, TN | $3,123,531 | $9,293,392 |
Franklin Vance Warren Opportunity Henderson, NC | $4,057,269 | $9,956,290 |
Olivet Medical Ministry Inc Yorktown, VA | $5,086,470 | $8,947,962 |
T3 Labs Atlanta, GA | $9,085,833 | $8,566,316 |
Housing Preservation Inc Memphis, TN | $40,176,409 | $5,595,751 |
Union County Community Action Inc Monroe, NC | $2,766,376 | $8,366,700 |