Adelaide Christian Home For Children Inc
- Assets
- $164.1k
- Revenue
- $842.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Laguna Hills, CA
- Founding
- Data as of
- 12/2017
- EIN
- 95-1855642
Organization Overview
Adelaide Christian Home For Children Inc is located in Laguna Hills, CA.
For the year ending 12/2017, Adelaide Christian Home For Children Inc generated $842.8k in total revenue. All expenses for the organization totaled $2.9m during the year ending 12/2017. While expenses have increased by 69.3% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ADELAIDE CHRISTIAN HOME FOR CHILDREN FOUNDATION (ACH) SEEKS TO SUPPORT ORGANIZATIONS AND INDIVIDUALS WITH FOCUS ON PROVIDING EDUCATIONAL AND SPIRITUAL TRAINING FOR CHILDREN AND YOUTH. OUR GIVING IS PRIMARILY TO EVANGELICAL CHRISTIAN ORGANIZATIONS WITH PRIORITY GIVEN TO LOCAL CALIFORNIA MINISTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheri Parsons Executive Di | 30 | $60,000 | |
Lawrence A Bush Director | 2 | $0 | |
Mary L Bush Director | 2 | $0 | |
Lydia Hocking Director | 2 | $0 | |
Fred Kaiser President | 2 | $0 | |
Paul Rosa Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,781 |
| Dividends & Interest | $60,812 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $773,546 |
| Capital Gain Net Income | $773,546 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,676 |
| Total Revenue | $842,815 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,383 |
| Depreciation | $0 |
| Occupancy | $14,650 |
| Travel, conferences, and meetings | $23,701 |
| Printing and publications | $0 |
| Other expenses | $8,092 |
| Total operating and administrative expenses | $114,254 |
| Contributions, gifts, grants paid | $2,740,000 |
| Total expenses and disbursements | $2,854,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,766 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $15,322 |
| 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 | $164,088 |
| 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 |
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