Higher Calling Foundation INC FY2024 filing

Tax-deductible

Decatur, GA501(c)(3)Since 1995HousingEIN 58-2103318

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The mission is to establish a network of resources that provides practical tools that will empower others to live victoriously

501(c)(3) charity; gifts are tax-deductible.
33¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $5K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
33%
of spending
Concern: 33% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $10K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$344K
66% of total assets
Worth a look: liabilities are 66% of assets; over 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$651K
-28% vs prior year
Spent
$793K
To programs
33%
Net assets
$176K
By yearFY2020–FY2025
Revenue
$651K
FY2024▼ -28%
Revenue by fiscal year
FY2020$452K
FY2021$536K
FY2022$702K
FY2023$909K
FY2024$651K
FY2025$568K
Expenses
$793K
FY2024▲ +11%
Expenses by fiscal year
FY2020$508K
FY2021$507K
FY2022$597K
FY2023$713K
FY2024$793K
FY2025$669K
Net assets
$176K
FY2024▼ -45%
Net assets by fiscal year
FY2020−$9K
FY2021$20K
FY2022$125K
FY2023$320K
FY2024$176K
FY2025$74K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

33 cents of each dollar spent went to programs.

Program services 33% · $261K Management & general 67% · $532K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman of the Board
$0Pt VII · Sec A
$0Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Higher Calling Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers people with practical tools to live victoriously.

Provided by the organization

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1 program service account for $261K of program spending, described in the organization's own filed words · FY2024.
01

n 2024, Higher Calling Foundation, Inc. (HCF) made significant strides in our mission to fight hunger and strengthen families through holistic support. Our primary initiative, Operation Give H.O.P.E., distributed over 146,000 pounds of food to more than 4,600 households, reflecting a 40% increase from the previous year.

$261Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

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

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$651K
Ln 12
Fees for servicesLn 2g$634K
Gifts and grantsLn 1h$16K
Other incomeLn 4–11$571
Money outPt IX
$793K
Ln 25
Programscol B$261K
Managementcol C$532K
Owns and owesPt X
$176K
net assets · Ln 32
Cash and savingsLn 1–2$401K
Total assetsLn 16$520K
LiabilitiesLn 26$344K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$16K
Fundraising eventsLn 1c$391
Fees for servicesLn 2g$634K
Investment incomeLn 3$4
Other incomeLn 4–11$571
Total revenueLn 12$651K
Assets in detailPt X, end of year
CashLn 1$161K
SavingsLn 2$239K
Cash and savings togetherLn 1–2$401K
Land, buildings, equipmentLn 10c$99K
Total assetsLn 16$520K
LiabilitiesLn 26$344K
Net assetsLn 32$176K
OperationsPt I, VI
EmployeesI 521
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$616K$401K
Land, buildings, equipmentLn 10c$68K$99K
Total assetsLn 16$686K$520K
LiabilitiesLn 26$365K$344K
Net assetsLn 32$320K$176K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$43K$7K$37K$0
Other salaries and wagesLn 7$325K$0$325K$0
Payroll taxesLn 10$28K$498$28K$0
Accounting feesLn 11c$10K$0$10K$0
Advertising and promotionLn 12$496$496$0$0
OccupancyLn 16$30K$0$30K$0
InterestLn 20$10K$10K$0$0
Depreciation, depletion and amortizationLn 22$4K$0$4K$0
InsuranceLn 23$5K$0$5K$0
Other expenses (24a–d)Ln 24$228K$227K$935$0
All other expensesLn 24e$108K$16K$92K$0
Total functional expensesLn 25$793K$261K$532K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $568K$669K−$101K$74K 990 PDF
FY2024 Viewing $651K$793K−$142K$176K 990 PDF
FY2023 $909K$713K$196K$320K 990 PDF
FY2022 $702K$597K$105K$125K 990 PDF
FY2021 $536K$507K$29K$20K 990 PDF
FY2020 $452K$508K−$56K−$9K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $650,658 across 7 lines filed
VIII-1c Fundraising events$391
VIII-1f All other contributions, gifts and grants$15,603
VIII-1h Total contributions, gifts and grants$15,994
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$634,089
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$4
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $571 · Unrelated business $0 · Excluded from tax $0$571
VIII-12 Total revenueRelated to mission $634,664 · Unrelated business $0 · Excluded from tax $0$650,658
Part IX · Statement of functional expenses $792,905 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $6,509 · Management $36,885 · Fundraising $0$43,394
IX-7 Other salaries and wagesPrograms $0 · Management $325,438 · Fundraising $0$325,438
IX-10 Payroll taxesPrograms $498 · Management $27,773 · Fundraising $0$28,271
IX-11c Accounting feesPrograms $0 · Management $10,450 · Fundraising $0$10,450
IX-12 Advertising and promotionPrograms $496 · Management $0 · Fundraising $0$496
IX-16 OccupancyPrograms $0 · Management $29,850 · Fundraising $0$29,850
IX-20 InterestPrograms $9,806 · Management $0 · Fundraising $0$9,806
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $3,760 · Fundraising $0$3,760
IX-23 InsurancePrograms $0 · Management $5,182 · Fundraising $0$5,182
IX-24 Other expenses (24a–d)Programs $227,051 · Management $935 · Fundraising $0$227,986
IX-24e All other expensesPrograms $16,457 · Management $91,815 · Fundraising $0$108,272
IX-25 Total functional expensesPrograms $260,817 · Management $532,088 · Fundraising $0$792,905
Part X · Balance sheet $520,280 assets, 11 lines filed
Asset lines not itemized here account for $20,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $576,478$161,461
X-2 Savings and temporary cash investmentsStart of year $39,436$239,436
X-4 Accounts receivableStart of year $1,700$0
X-10c Land, buildings and equipment, netStart of year $67,954$99,383
X-16 Total assetsStart of year $685,568$520,280
X-24 Unsecured notes and loans payableStart of year $365,274$344,174
X-26 Total liabilitiesStart of year $365,274$344,174
X-27 Net assets without donor restrictionsStart of year $213,610$76,035
X-28 Net assets with donor restrictionsStart of year $106,684$100,071
X-32 Total net assets or fund balancesStart of year $320,294$176,106
X-33 Total liabilities and net assetsStart of year $685,568$520,280
Part XI · Reconciliation of net assets $176,106 net assets at year end
XI-1 Total revenue$650,658
XI-2 Total expenses$792,905
XI-3 Revenue less expenses−$142,247
XI-4 Net assets at start of year$320,294
XI-9 Other changes in net assets−$1,941
XI-10 Net assets at end of year$176,106

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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