Higher Calling Foundation INC EIN 58-2103318 Form 990 (PDF) Claim this org

Higher Calling Foundation INC

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Empowers people with practical tools to live victoriously. For fiscal year 2025 it reported $568K in revenue, $669K in expenses, and $74K in net assets.Pt I

Founded
1995
Type
Public charity (501(c)(3)) · Housing
Location
Decatur, GA
Website
www.hcfinc.org
Filings
6 on file (2020–2025)
Revenue
$568KFY2025
Expenses
$669K
Net assets
$74K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  58-2103318 Public charity (501(c)(3)) Decatur, GA Founded 1995
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers people with practical tools to live victoriously.
Leadership
Elizabeth B Izard · Board Chair
Money in and out
$568K revenue, $669K expenses
Bottom line
73% program efficiency
Where the money goes · FY2025
Total revenue
$568K
Pt VIII · Ln 12
Total expenses
$669K
Pt IX · Ln 25
Net assets
$74K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$101K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.27
Program efficiency
73%
of spending reaches programs▲ +121% vs prior filing year
Operating runway
4.8mo
months of highly liquid reserves at operating expense rate▼ -21% vs prior filing year
Surplus margin
-18%
revenue over expenses, this year▲ +19% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$568K
FY2025▼ -13%
Expenses
$669K
FY2025▼ -16%
Total assets
$400K
FY2025▼ -23%
Total liabilities
$325K
FY2025▼ -5%
Total revenue
$568K
Pt VIII · Ln 12
Total expenses
$669K
Pt IX · Ln 25
Net assets
$74K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$101K
Total assetsPt X · Ln 16$400K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHigher Calling Foundation INC
EINHdr · item D58-2103318
Principal addressHdr · item CDecatur, GA
WebsiteHdr · item Jwww.hcfinc.org
Year of formationHdr · item L1995
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L20)
Ruling yearIRS BMFFeb 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $484K of program spending, described in the organization's own filed words · FY2025.
01

In 2025 the organization continued providing early childhood and youth educational servcies for children through Pre-K as well as after school youth programs for children up to age twelve. The Academy remained committed to providing a nurturing, faith-centered, and academically supportive environment for children and families.

$484Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$490K · 86%
Contributions & grants$68K · 12%
Investment income$10K · 2%
Program service revenue86%$490K
Contributions & grants12%$68K
Investment income2%$10K
Total revenueLn 12$568K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.27
Program services73%$487K
Management & general27%$182K
Total functional expensesLn 25$669K

Balance Sheet

Part X · end of year
CashLn 1$270K
Total assetsLn 16$400K
Total liabilitiesLn 26$325K
Total net assetsLn 32$74K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $270K · Operating expenses/yr $669K
4.8 months
Where the money goes
Program services
Program services $487K · Total expenses $669K
73%
Management & General
Management & general $182K · Total expenses $669K
27%
Fundraising
Fundraising $0 · Total expenses $669K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $73K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $68K · Total revenue $568K
12%
Government reliance
Government grants — · Total revenue $568K
Earned-income share
Program service revenue $490K · Total revenue $568K
86%
Investment reliance
Investment income $10K · Total revenue $568K
+2%
Program self-sufficiency
Program service revenue $490K · Total expenses $669K
73%
Growth & trend
Revenue growth (YoY)
This year $568K · Prior year $651K
-13%
Revenue CAGR
FY2020 $452K · FY2025 $568K
+5%
Net-asset trend (YoY)
End of year $74K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $568K · Expenses $669K
-18%
Liabilities-to-Assets
Total liabilities — · Total assets $400K
Net-asset ratio
Net assets $74K · Total assets $400K
19%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $400K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elizabeth B Izard · Reported title BOARD CHAIR · Highest reported compensation $0 · Total expenses $669K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $380K · Total expenses $669K
57%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 27%
Revenue growth -13%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$568K revenue · viewing · ⤓ 990 PDF
FY2024$651K revenue · ⤓ 990 PDF
FY2023$909K revenue · ⤓ 990 PDF
FY2022$702K revenue · ⤓ 990 PDF
FY2021$536K revenue · ⤓ 990 PDF
FY2020$452K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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