Kanes Gift Inc is located in Milan, TN. According to its NTEE Classification (O01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kanes Gift 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, Kanes Gift Inc generated $119.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $103.6k 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
TO CARE FOR ORPHANS BY PARTNERING WITH FAMILIES DURING THE ADOPTION PROCESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CARE FOR ORPHANS BY PARTNERING WITH FAMILIES DURING THE ADOPTION PROCESS
TO CARE FOR ORPHANS BY PARTNERING WITH FAMILIES DURING THE ADOPTION PROCESS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jaclyn Scott Director | OfficerTrustee | $0 | |
Andy Atwood Board Member | Officer | $0 | |
Rob Deloach Secretary | Officer | $0 | |
Nicolas Glenn Board Member | Officer | $0 | |
Judy Fletcher Treasurer | Officer | $0 | |
Greg Scott Board Chairm | Officer | $0 |
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 | $119,168 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $119,168 |
Total Program Service Revenue | $0 |
Investment income | $192 |
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 | $119,444 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $22,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,683 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,273 |
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 | $72,702 |
Advertising and promotion | $3,672 |
Office expenses | $727 |
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 | $1,582 |
All other expenses | $0 |
Total functional expenses | $103,639 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $146,367 |
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 | $146,367 |
Accounts payable and accrued expenses | $0 |
Grants payable | $37,105 |
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 | $37,105 |
Net assets without donor restrictions | $109,262 |
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 | $146,367 |
Over the last fiscal year, we have identified 1 grants that Kanes Gift Inc has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Charles P Wilson Foundation Inc Paris, TN PURPOSE: ADOPTION FUND | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Athens Limestone Childrens Advocacy Center Inc Athens, AL | $326,463 | $356,159 |
Childrens Foundation Of Mississippi Jackson, MS | $267,284 | $218,402 |
Nc One Hundred Strong Inc Reidsville, NC | $127,059 | $288,795 |
Counter Culture Ministries Inc Nolensville, TN | $151,236 | $239,996 |
Family Resource And Youth Services Coalition Of Kentucky Inc Lexington, KY | $167,773 | $0 |
Kanes Gift Inc Milan, TN | $146,367 | $119,444 |
Universal Youth Foundation Montgomery, AL | $351,036 | $0 |
Jonathans House Ministries Inc Tunnel Hill, GA | $42,874 | $0 |
4 Evamor Inc Columbus, GA | $0 | $0 |
Wilflo Foundation Ellenwood, GA | $58,429 | $0 |
Casa Program Of Christian County Ky Inc Hopkinsville, KY | $6,711 | $42,108 |
Benjamin Goldberg Foundation Virgina Beach, VA | $51,176 | $0 |