Peach State Fcu Cares Foundation Inc
- Assets
- $594.7k
- Revenue
- $965.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrenceville, GA
- Founding
- Data as of
- 12/2023
- EIN
- 85-2321406
Organization Overview
Peach State Fcu Cares Foundation Inc is located in Lawrenceville, GA. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peach State Fcu Cares Foundation 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 12/2023, Peach State Fcu Cares Foundation Inc generated $965.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $723.8k during the year ending 12/2023. While expenses have increased by 8.8% 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.
Since 2021, Peach State Fcu Cares Foundation Inc has awarded 556 individual grants totaling $1,945,382. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED VARIOUS SCHOLARSHIPS TO VARIOUS HIGH SCHOOL SENIORS AND THOSE CURRENTLY WORKING ENROLLED IN A QUALIFIED EDUCATIONAL PROGRAM WITH THE PURPOSE OF CAREER ADVANCEMENT. SOME ARE MANAGED DIRECTLY BY THE FOUNDATION AND OTHERS ARE MANAGED BY LOCAL SCHOOL DISTRICTS AND THEIR FOUNDATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Demitra Houlis President-Director | 5 | $0 | |
Ryan Hawk Vice-President-Director | 5 | $0 | |
Michael Santoro Sec-Treasurer-Director | 5 | $0 | |
Robert Boutwell Director | 2 | $0 | |
Walt Martin Director | 1 | $0 | |
Linda Anderson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $963,812 |
| Interest on Savings | $1,148 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $964,960 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,000 |
| Total operating and administrative expenses | $11,000 |
| Contributions, gifts, grants paid | $712,758 |
| Total expenses and disbursements | $723,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $594,720 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $594,720 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Peach State Fcu Cares Foundation Inc has awarded $712,758 in support to 220 organizations.
| Grant Recipient | Amount |
|---|---|
1025 CHURCH PURPOSE: CONTRIBUTION | $3,000 |
A CHILDS VOICE CHILD ADVOCACY CENTER PURPOSE: CONTRIBUTION | $200 |
ABBEVILLE COUNTY LIBRARY PURPOSE: CONTRIBUTION | $500 |
ABBEVILLE COUNTY SCHOOL DISTRICT PURPOSE: CONTRIBUTION | $981 |
ACADEMIC BOOSTER CLUB FOR HCHS PURPOSE: CONTRIBUTION | $1,500 |
AFRICAN-AMERICAN CU COALITION PURPOSE: CONTRIBUTION | $10,000 |