Acres Of Diamonds
- Assets
- $5.3m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 38
- Location
- Duvall, WA
- Founding
- 08/1995
- Data as of
- 08/2023
- EIN
- 91-1684691
Organization Overview
Acres Of Diamonds is located in Duvall, WA. The organization was established in 1995. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 08/2023, Acres Of Diamonds employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acres Of Diamonds 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 08/2023, Acres Of Diamonds generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $2.6m during the year ending 08/2023. 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
ACRES OF DIAMONDS PROVIDES TRANSITIONAL HOUSING AND SUPPORTIVE SERVICES TO HOMELESS WOMEN AND THEIR CHILDREN, SO THAT THEY CAN BREAK THE CYCLES OF ADDICTION, ABUSE AND HOMELESSNESS TO BECOME THRIVING, STABLE FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANY TRANSITIONAL HOUSING ORGANIZATIONS ARE AT WORK TO HELP HOMELESS FAMILIES. BUT AT ACRES, WE EMBRACE HOMELESS MOMS WHO HAVE A PARTICULARLY PAINFUL PERSONAL HISTORY. THE TYPICAL MOM ACRES SEEKS TO SERVE IS A HOMELESS WOMAN AGE 18-40 WITH CHILDREN RANGING FROM NEWBORNS TO AGE 12. SHE CURRENTLY HAS CUSTODY OF HER KIDS OR IS WORKING TO GET THEM BACK FROM FOSTER CARE. OFTEN SHE HAS GROWN UP WITHOUT A STABLE HOME OR IN A HOME WHERE ABUSE, ADDICTION AND NEGLECT WERE COMMON. SHE MAY HAVE SPENT MUCH OF HER CHILDHOOD IN AND OUT OF FOSTER CARE, SHELTERS, AND RELATIVES' HOMES. SHE IS LIKELY A RECOVERING ADDICT AND BEEN REFERRED TO ACRES BY AN INPATIENT REHABILITATION PROVIDER. IN MOST CASES SHE IS A VICTIM OF DOMESTIC VIOLENCE. SHE ALMOST ALWAYS HAS MENTAL HEALTH CHALLENGES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Hollomon President | OfficerTrustee | 5 | $0 |
Dale Zimmerman Vice President | OfficerTrustee | 5 | $0 |
Shari Hill Secretary | OfficerTrustee | 5 | $0 |
Dean Wagner Treasurer | OfficerTrustee | 5 | $0 |
Joan Wallace Director | Trustee | 5 | $0 |
Shacha Mancilla-Stillwell Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $463,755 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,817,191 |
| Noncash contributions included in lines 1a–1f | $337,274 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,280,946 |
| Total Program Service Revenue | $63,030 |
| Investment income | $10,766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,809 |
| Net Income from Fundraising Events | -$128,030 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,215,928 |
| 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. | $126,332 |
| Compensation of current officers, directors, key employees. | $29,057 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,366,971 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $145,459 |
| Payroll taxes | $98,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $600 |
| Fees for services: Accounting | $2,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $206,608 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,949 |
| Advertising and promotion | $0 |
| Office expenses | $65,625 |
| Information technology | $103,007 |
| Royalties | $0 |
| Occupancy | $193,585 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,126 |
| Interest | $250 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $146,474 |
| Insurance | $4,110 |
| All other expenses | $20,462 |
| Total functional expenses | $2,595,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,183 |
| Savings and temporary cash investments | $952,665 |
| 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 | $404,652 |
| Net Land, buildings, and equipment | $3,790,259 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,293,759 |
| Accounts payable and accrued expenses | $183,143 |
| 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 | $1,079,335 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,262,478 |
| Net assets without donor restrictions | $3,594,879 |
| Net assets with donor restrictions | $436,402 |
| 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 | $5,293,759 |