Fannin County Empty Stocking Program INC EIN 58-2192829

Fannin County Empty Stocking Program INC FY2023 filing

EIN  58-2192829 Public charity (501(c)(3)) Blue Ridge, GA
Form 990 (PDF)
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Size
$100K–1M
What they do
Gives Christmas gifts, college scholarships, and food to needy children.
Leadership
Vera Brown · Board Member
Money in and out
$427K revenue, $318K expenses
Bottom line
52% program efficiency

Gives Christmas gifts, college scholarships, and food to needy children. For fiscal year 2023 it reported $427K in revenue, $318K in expenses, and $448K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$427K
Pt VIII · Ln 12
Total expenses
$318K
Pt IX · Ln 25
Net assets
$448K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $109K
Where spending went · Part IX cols B–D
Program services $0.52 Management & general $0.48
Program efficiency
52%
of spending reaches programs
Operating runway
13.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$427K
FY2023▲ +11%
Expenses
$318K
FY2023▲ +8%
Total assets
$448K
FY2023▲ +32%
Total liabilities
$0
FY2023
Total revenue
$427K
Pt VIII · Ln 12
Total expenses
$318K
Pt IX · Ln 25
Net assets
$448K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$109K
Total assetsPt X · Ln 16$448K
Program-expense ratioPt IX · col B52%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $167K of program spending, described in the organization's own filed words · FY2023.
01

The organization collects contributions and operates a thrift store to earn funds to provide support to indigent children in the community. They provide christmas gifts, college scholarships and food to the children.

$167Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFannin County Empty Stocking Program INC
EINHdr · item D58-2192829
Principal addressHdr · item CBlue Ridge, GA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P58)
Ruling yearIRS BMFMar 1999

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 13No
Document retention policyPt VI · Ln 14No
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
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
First Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Second Vice President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$396K · 93%
Contributions & grants$19K · 4%
Investment income$13K · 3%
Other revenue93%$396K
Contributions & grants4%$19K
Investment income3%$13K
Total revenueLn 12$427K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.52 Management & general $0.48
Program services52%$167K
Management & general48%$151K
Total functional expensesLn 25$318K

Balance Sheet

Part X · end of year
CashLn 1$354K
Total assetsLn 16$448K
Total liabilitiesLn 26$0
Total net assetsLn 32$448K
Months of cash on handcomputed13.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $361K · Operating expenses/yr $318K
13.6 months
Where the money goes
Program services
Program services $167K · Total expenses $318K
52%
Management & General
Management & general $151K · Total expenses $318K
48%
Fundraising
Fundraising $0 · Total expenses $318K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $19K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $19K · Total revenue $427K
4%
Government reliance
Government grants — · Total revenue $427K
Earned-income share
Program service revenue $0 · Total revenue $427K
0%
Investment reliance
Investment income $13K · Total revenue $427K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $318K
0%
Growth & trend
Revenue growth (YoY)
This year $427K · Prior year $386K
+11%
Revenue CAGR
FY2018 $216K · FY2023 $427K
+15%
Net-asset trend (YoY)
End of year $448K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $427K · Expenses $318K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $448K
Net-asset ratio
Net assets $448K · Total assets $448K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $7K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $448K
2%
People & payroll
Highest Reported Total Compensation
Individual Vera Brown · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $318K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $92K · Total expenses $318K
29%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 52%
Overhead ratio 48%
Fundraising cost ratio 0%
Revenue growth 11%

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 · FY2024
Total grants receivedfrom 2 funders$15K

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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)$480K revenue · ⤓ 990 PDF
FY2024$460K revenue · ⤓ 990 PDF
FY2023$427K revenue · viewing · ⤓ 990 PDF
FY2022$386K revenue · ⤓ 990 PDF
FY2021$322K revenue · ⤓ 990 PDF
FY2020$228K revenue · ⤓ 990 PDF
FY2019$216K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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