Jay And Marsha Millard Foundation, operating under the name Twin Rails Sober Living Facility, is located in Dayton, KY. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Twin Rails Sober Living Facility employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Rails Sober Living Facility 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, Twin Rails Sober Living Facility generated $278.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $271.5k during the year ending 12/2021. While expenses have increased by 22.8% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SOBRIETY BY OFFERING PEER SUPPORTED RECOVERY AND REHABILITATION SERVICES TO THOSE SUFFERING FROM ADDICTION USING PHP AND IOP METHODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PEER SUPPORT SERVICES AND RESIDENTIAL TREATMENT TO MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jay H Millard Executive Director | Officer | 30 | $75,000 |
Gregory K Hairston Director | Trustee | 5 | $0 |
Robert Reed Sr Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $25,842 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $17,970 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $43,812 |
Total Program Service Revenue | $234,906 |
Investment income | $42 |
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 | $278,760 |
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. | $75,000 |
Compensation of current officers, directors, key employees. | $75,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $40,694 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $12,047 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
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 | $0 |
Information technology | $0 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $5,600 |
All other expenses | $0 |
Total functional expenses | $271,500 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $57,660 |
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 | $0 |
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 | $57,660 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $57,660 |
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 | $57,660 |
Over the last fiscal year, we have identified 1 grants that Jay And Marsha Millard Foundation has recieved totaling $55,850.
Awarding Organization | Amount |
---|---|
Federation Of Applachian Housing Inc Berea, KY PURPOSE: PROVIDING RENT PAYMENTS FOR INDIVIDUALS IN RECOVERY FROM SUD | $55,850 |
Organization Name | Assets | Revenue |
---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Virginia Student Aid Foundation Charlottesville, VA | $165,530,915 | $45,876,846 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Horatio Alger Association Of Distinguished Americans Inc Alexandria, VA | $58,355,936 | $27,092,429 |
College Now Greater Cleveland Inc Cleveland, OH | $24,271,314 | $18,465,003 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Marine Corps Scholarship Foundation Inc Alexandria, VA | $149,128,193 | $34,285,716 |
Children Of Fallen Patriots Foundation Reston, VA | $18,264,760 | $13,060,746 |