Blessing Foundation
- Assets
- $2.8m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 8
- Location
- Charlotte, NC
- Founding
- Data as of
- 12/2023
- EIN
- 87-2775360
Organization Overview
Blessing Foundation is located in Charlotte, NC. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2023, Blessing Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blessing Foundation 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, Blessing Foundation generated $2.9m in total revenue. All expenses for the organization totaled $915.3k during the year ending 12/2023. While expenses have increased by 196.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE KATIE BLESSING FOUNDATION ASSISTS AND EMPOWERS UNDERSERVED COMMUNITIES THROUGH FAMILY-CENTERED CARE AND PROVIDES A COMPASS TOWARDS SELF SUFFICIENCY AND STABILITY. WE POSITIVELY IMPACT THE OVERALL HEALTH AND WELLNESS OF THE HISTORICALLY MARGINALIZED AND PROVIDE AN ADVANTAGE IN OVERCOMING SUBSTANDARD ENVIRONMENTAL CIRCUMSTANCES. WE PROVIDE EQUITABLE ACCESS TO PRIMARY CARE. WE IDENTIFY AND FILL SERVICE GAPS WITHIN THE HEALTHCARE SYSTEM THAT HAVE BEEN HISTORICALLY NEGLECTED THROUGHOUT UNDERSERVED COMMUNITIES INCLUDING MENTAL HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES EQUITABLE ACCESS TO PRIMARY AND URGENT CARE
THE ORGANIZATION ESTABLISHES CENTERS IN ACCESSIBLE, CONTEXTUAL TARGET LOCATIONS THAT PROVIDE A WIDE ARRAY OF SERVICES FROM EDUCATION TO COUNSELING, FOOD AND NUTRITION GUIDANCE.
THE ORGANIZATION IDENTIFIES AND FILLS SERVICE GAPS WITHIN THE HEALTHCARE SYSTEM THAT HAVE BEEN HISTORICALLY NEGLECTED THROUGHOUT UNDERSERVED COMMUNITIES, INCLUDING MENTAL HEALTH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amber Tracewell Executive Di | Officer | 40 | $62,654 |
Britney Broyhill Director | Trustee | 2 | $0 |
Rob Bryan Director/cha | Trustee | 2 | $0 |
Beverly Miller Earle Director | Trustee | 2 | $0 |
Hali Eplin Director | Trustee | 2 | $0 |
Adam Flett Director/tre | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $570,820 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,251,798 |
| Noncash contributions included in lines 1a–1f | $701,114 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,822,618 |
| Total Program Service Revenue | $0 |
| Investment income | $72,894 |
| 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 | $2,895,512 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,251 |
| 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. | $62,654 |
| Compensation of current officers, directors, key employees. | $62,654 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $338,866 |
| Pension plan accruals and contributions | $12,988 |
| Other employee benefits | $23,598 |
| Payroll taxes | $44,405 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,496 |
| Fees for services: Accounting | $5,558 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,835 |
| Advertising and promotion | $25,823 |
| Office expenses | $7,393 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,034 |
| Travel | $7,062 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,468 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,140 |
| Insurance | $4,191 |
| All other expenses | $439 |
| Total functional expenses | $915,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $554,205 |
| Savings and temporary cash investments | $350,670 |
| Pledges and grants receivable | $14,174 |
| 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 | $45,824 |
| Investments—publicly traded securities | $597,978 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,235,594 |
| Total assets | $2,798,445 |
| Accounts payable and accrued expenses | $352,529 |
| 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 | $352,529 |
| Net assets without donor restrictions | $2,445,916 |
| 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 | $2,798,445 |