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Nonprofiteer
← ONE HUNDRED SHARES INC

Form 990 for tax year 2022

Filed by ONE HUNDRED SHARES INC.

Totals

Total revenue
$257,243
Total expenses
$256,363
Contributions and grants received
$252,047
Grants paid
$225,000
Program service revenue
$4,280
Investment income
$119
Other revenue
$797
Total assets, end of year
$233,991
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$233,991
Program services expenses (Part IX)
$225,000
Management and general expenses
$31,363
Fundraising expenses
$0
Program service expenses (Part III)
$225,000

Program services were 87.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $252,047

  • 2a · Program service revenue: AWARDS LUNCHEON

    total $4,280 · related or exempt $4,280

  • 3 · Investment income

    total $119 · excluded $119

  • 11a · Other revenue: CREDIT CARD FEE RECOVERY

    total $797 · related or exempt $797

  • 11e · Other revenue, total

    $797

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $225,000 · program services $225,000

  • 11c · Fees: accounting

    total $950 · management and general $950

  • 11g · Fees: other

    total $8,981 · management and general $8,981

  • 13 · Office expenses

    total $5,369 · management and general $5,369

  • 17 · Travel

    total $6,587 · management and general $6,587

  • 19 · Conferences, conventions and meetings

    total $9,476 · management and general $9,476

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $133,598 · end of year $213,357

  • 2 · Savings and temporary cash investments

    beginning of year $93,729 · end of year $20,260

  • 9 · Prepaid expenses and deferred charges

    beginning of year $784 · end of year $374

  • 31 · Retained earnings, endowment or other funds

    beginning of year $228,111 · end of year $233,991

Mission and programs · 2022

Mission

TO SUPPORT THE WORK OF CHRISTIAN NON-PROFIT ORGANIZATIONS IN THE ATLANTA AREA IN THE FORM OF GRANTS FOR PROJECTS.

  • DEVELOPEMTAL DISABILITIES MINISTRIES: THE MISSION OF DEVELOPEMTAL DISABILITIES MINISTRIES IS TO PROVIDE RESIDENTIAL, FAMILY SUPPORT SERVICES, AND CHRISTIAN MINISTRY FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES TO ACHIEVE THEIR HIGHEST LEVEL OF SOCIAL, PHYSICAL,EMOTIONAL, AND SPIRITUAL MATURITY. THE PURPOSE OF OHS'S GRANT OF 100,000 WILL PURCHASE TWO RESIDENCE VEHICLES TO TAKE RESIDENTS TO VARIOUS APPOINTMENTS, RENOVATE AN EXISTING BATHROOM THAT WILL IMPROVE THE RESIDENTS' QUALITY OF LIFE, AS WELL AS START A NEW HOST HOME.

    Expenses $100,000 · Grants $100,000

  • GILGAL: GILGAL'S MISSION IS TO ASSIST WOMEN IN BREAKING THE CYCLE OF DEFEAT THAT LED THEM TO DRUG AND ALCOHOL ADDICTION AND REPLACE IT WITH A CYCLE OF VICTORIOUS LIVING THROUGH JESUS CHRIST. THE PURPOSE OF OHS'S GRANT OF 50,000 WILL BEGIN BUILDING GILGAL VILLAGE, WHICH WILL BE MADE UP OF TWO SUITES WITH A COMMON OUTDOOR SPACE FOR INCOMING RESIDENTS WHO NEED A SAFE PLACE TO DETOX BEFORE ENTERING THE LONG-TERM PROGRAM.

    Expenses $50,000 · Grants $50,000

  • STREET GRACE: STREET GRACE'S MISSION IS TO MOBILIZE COMMUNITY RESOURCES- FINANCIAL, HUMAN, AND MATERIAL- TO FIGHT COMMERCIAL SEXUAL EXPLOITATION OF CHILDREN THROUGH PREVENTION, PROTECTION, POLICY, AND PURSUIT. THE PURPOSE OF OHS'S GRANT OF 75,000 WILL PURSUE THE NEXT STRATEGIC PHASE OF THE STREET GRACE YOUTH EDUCATION INITIATIVE, WHICH WILL INCLUDE THE LAUNCH OF TWO INNOVATIVE NEW PROGRAMS: HELP LOCKER AND THE STREET GRACE YOUTH LEADERSHIP ACADEMY.

    Expenses $75,000 · Grants $75,000

  • DEVELOPEMTAL DISABILITIES MINISTRIES: THE MISSION OF DEVELOPEMTAL DISABILITIES MINISTRIES IS TO PROVIDE RESIDENTIAL, FAMILY SUPPORT SERVICES, AND CHRISTIAN MINISTRY FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES TO ACHIEVE THEIR HIGHEST LEVEL OF SOCIAL, PHYSICAL, EMOTIONAL, AND SPIRITUAL MATURITY. THE PURPOSE OF OHS'S GRANT OF 100,000 WILL PURCHASE TWO RESIDENCE VEHICLES TO TAKE RESIDENTS TO VARIOUS APPOINTMENTS,RENOVATE AN EXISTING BATHROOM THAT WILL IMPROVE THE RESIDENTS' QUALITY OF LIFE, AS WELL AS START A NEW HOST HOME.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Lucinda Lewis

    SECRETARY

    Total calculated
    $0
    Hours/week
    4
  • Venita Mitchell

    CFO

    Total calculated
    $0
    Hours/week
    4
  • Michele Rowland

    CEO

    Total calculated
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
28 August 2023
IRS schema version
2022v5.0
Source object
202332429349301763

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