Eagle Rock Boys Home is located in Gadsden, AL. The organization was established in 2019. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Eagle Rock Boys Home employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eagle Rock Boys Home 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 12/2022, Eagle Rock Boys Home generated $488.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $423.5k during the year ending 12/2022. 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
RESIDENTIAL CARE FOR CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES FOR YOUTHS INCLUDING PROVIDING SHELTER, FOOD, GUIDANCE, AND COUNSELING IN A FAMILY ENVIRONMENT IN ORDER TO PROVE THESE YOUNG PEOPLE WITH A BETTER QUALITY OF LIFE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Belinda Hiti Executive Director | Officer | 40 | $65,000 |
Britt Owen Member | Trustee | 1 | $0 |
Jerome Thomas Vice President | OfficerTrustee | 1 | $0 |
Sandra Patterson Secretarytreasurer | OfficerTrustee | 1 | $0 |
Tom Bade President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $12,275 |
Related organizations | $0 |
Government grants | $398,611 |
All other contributions, gifts, grants, and similar amounts not included above | $78,062 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $488,948 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $488,948 |
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. | $65,000 |
Compensation of current officers, directors, key employees. | $19,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $225,567 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $26,781 |
Fees for services: Management | $0 |
Fees for services: Legal | $695 |
Fees for services: Accounting | $1,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,953 |
Advertising and promotion | $656 |
Office expenses | $3,450 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $22,277 |
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 | $5,850 |
Insurance | $14,039 |
All other expenses | $39,687 |
Total functional expenses | $423,483 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100,390 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $52,464 |
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 | $42,127 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $194,981 |
Accounts payable and accrued expenses | $4,003 |
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 | $4,003 |
Net assets without donor restrictions | $190,978 |
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 | $194,981 |