Acorn Center For Restoration And Freedom Inc
- Assets
- $694.4k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Covington, GA
- Founding
- Data as of
- 12/2022
- EIN
- 84-4166710
Organization Overview
Acorn Center For Restoration And Freedom Inc is located in Covington, GA. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Acorn Center For Restoration And Freedom Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acorn Center For Restoration And Freedom 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 12/2022, Acorn Center For Restoration And Freedom Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 68.6% each year . All expenses for the organization totaled $607.4k during the year ending 12/2022. While expenses have increased by 61.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING A REFUGE FOR SEEDING, GROWING, AND APPLYING HEALING/ARTS/SPIRITUAL (HEARTS) JUSTICE PRACTICES ROOTED IN BLACK DIASPORIC WISDOM FOR THE SAKE OF MANIFESTING OUR COLLECTIVE FREEDOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED WELLNESS SESSIONS TO 650 PEOPLE, SERVED 20 PEOPLE THROUGH 9-MONTH LEADERSHIP DEVELOPMENT PROGRAMS FOR BIPOC PRACTITIONERS IN HEALING, ARTS, AND SPIRITUAL JUSTICE; HIRED 3 NEW STAFF MEMBERS; DEVELOPED PARTNERSHIPS WITH 3 NEW BLACK LAND PROJECTS, AND HOSTED 3 EVENTS ON THE LAND FOR ACTIVIST TO CONNECT AND REST.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emanuel Brown CEO | Officer | 40 | $115,714 |
Kay Williams Board Member | Officer | 1 | $4,030 |
Kassimira Carter-Howard Board Member | Officer | 1 | $3,000 |
Omisade Burney-Scott Chairperson | Officer | 3 | $1,800 |
Daniel Coleman Co-Chairperson | Officer | 3 | $1,750 |
Rachael Ibrahim Board Member | Officer | 1 | $1,500 |
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 | $922,947 |
| Noncash contributions included in lines 1a–1f | $19,200 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $922,947 |
| Total Program Service Revenue | $244,147 |
| 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 | $1,167,094 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $115,714 |
| Compensation of current officers, directors, key employees. | $17,357 |
| Compensation to disqualified persons | $88,945 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,389 |
| Payroll taxes | $16,715 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,298 |
| Fees for services: Accounting | $7,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $146,812 |
| Advertising and promotion | $7,240 |
| Office expenses | $0 |
| Information technology | $7,788 |
| Royalties | $0 |
| Occupancy | $19,200 |
| Travel | $20,694 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,148 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,823 |
| Insurance | $3,580 |
| All other expenses | $13,872 |
| Total functional expenses | $607,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $684,131 |
| 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 | $10,249 |
| Total assets | $694,380 |
| 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 | $694,380 |
| 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 | $694,380 |