H3 Collective
- Assets
- $457.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- Data as of
- 12/2021
- EIN
- 84-1806230
Organization Overview
H3 Collective is located in Asheville, NC. According to its NTEE Classification (P32) the organization is classified as: Foster Care, 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. H3 Collective 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, H3 Collective generated $85.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (23.7%) each year. All expenses for the organization totaled $4.6k 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
CONTINUED DEVELOPMENT OF FIRST HOUSING PROJECT FOR FOSTER CARE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shane Sullivan Director | 1 | $0 | |
Adam Ponder Executive Director | 7 | $0 | |
Dana Ponder Secretary | 2 | $0 | |
Dan Edwards Vice President | 2 | $0 | |
Tamela Shook Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,921 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $53 |
| Total Revenue | $84,974 |
| 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 | $2,265 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,337 |
| Total expenses | $4,602 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,402 |
| Other assets | $0 |
| Total assets | $457,557 |
| Total liabilities | $0 |
| Net assets or fund balances | $457,557 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that H3 Collective has recieved totaling $1,024.
| Awarding Organization | Amount |
|---|---|
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $512 |
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $512 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Faithbridge Foster Care Inc Alpharetta, GA | $1,803,240 | $7,652,118 |
Growing Home Southeast Inc Cayce, SC | $2,443,298 | $5,824,518 |
People Places Inc Staunton, VA | $8,658,654 | $6,115,001 |
Georgia Sheriffs Youth Homes Inc Madison, GA | $21,858,053 | $5,380,264 |
Youth Town Of Tennessee Inc Jackson, TN | $4,037,865 | $4,281,456 |
Community Connections Inc Stone Mountain, GA | $2,076,544 | $3,338,180 |
Foundations For Home And Community Inc Portsmouth, VA | $16,558,173 | $4,051,248 |
Childkind Inc Tucker, GA | $548,950 | $3,322,766 |
Family Preservation Community Services Columbia, SC | $7,382,668 | $2,864,738 |
Isaiah 117 House Elizabethton, TN | $10,749,953 | $8,404,030 |
Touchstone Residential Services Raleigh, NC | $671,682 | $1,845,600 |
For Childrens Sake Of Virginia Chantilly, VA | $792,447 | $1,562,215 |