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Nonprofiteer
← LYDIAS PLACE INC

Form 990 for tax year 2023

Filed by LYDIAS PLACE INC.

Totals

Total revenue
$941,658
Total expenses
$521,990
Contributions and grants received
$708,467
Grants paid
$0
Program service revenue
$0
Investment income
$881
Other revenue
$232,310
Total assets, end of year
$777,163
Total liabilities, end of year
$39
Net assets or fund balances, end of year
$777,124
Program services expenses (Part IX)
$380,442
Management and general expenses
$90,728
Fundraising expenses
$50,820
Program service expenses (Part III)
$380,442

Program services were 72.9% 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

    $708,467

  • 2a · Program service revenue: RENT REIMBURSEMENT

  • 3 · Investment income

    total $4,081 · related or exempt $4,081

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    other assets $1,000

  • 7b · Less cost or other basis and sales expenses

    other assets $4,200

  • 7c · Gain or loss

    other assets -$3,200

  • 7d · Net gain or loss

    total -$3,200 · related or exempt -$3,200

  • 8a · Fundraising events: gross income

    $270,824

  • 8b · Fundraising events: direct expenses

    $38,514

  • 8c · Net income from fundraising events

    total $232,310

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $201,749 · program services $121,049 · management and general $38,333 · fundraising $42,367

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $8,189 · program services $4,913 · management and general $1,556 · fundraising $1,720

  • 10 · Payroll taxes

    total $15,369 · program services $9,221 · management and general $2,920 · fundraising $3,228

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $5,889 · management and general $5,889

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $385 · management and general $385

  • 12 · Advertising and promotion

    total $576 · program services $576

  • 13 · Office expenses

    total $905 · program services $320 · management and general $585

  • 14 · Information technology

    total $11,820 · management and general $11,820

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $62,400 · program services $62,400

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $8,071 · management and general $8,071

  • 20 · Interest

    total $70 · management and general $70

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $28,101 · program services $28,101

  • 23 · Insurance

    total $16,392 · program services $6,596 · management and general $9,796

  • 24a · Other expenses: STORAGE RENTAL

    total $59,400 · program services $59,400

  • 24b · Other expenses: UTILITIES

    total $23,869 · program services $23,869

  • 24c · Other expenses: STUDENT MOVING EXPENSES

    total $22,005 · program services $22,005

  • 24d · Other expenses: CONTRACT SERVICES

    total $14,696 · program services $8,818 · management and general $2,792 · fundraising $3,086

  • 24e · All other expenses

    total $42,104 · program services $33,174 · management and general $8,511 · fundraising $419

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $274,605 · end of year $684,149

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,172 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $164,695

  • 10b · Land, buildings and equipment: accumulated depreciation

    $75,981

  • 10c · Land, buildings and equipment, net

    beginning of year $76,015 · end of year $88,714

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $4,300 · end of year $4,300

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,636 · end of year $38

  • 25 · Other liabilities

    end of year $1

  • 27 · Net assets without donor restrictions

    beginning of year $357,456 · end of year $777,124

Mission and programs · 2023

Mission

THE ORGANIZATION DEMONSTRATES GOD'S LOVE BY PROVIDING BASIC LIVING NEEDS TO YOUNG ADULTS AGE 17 TO 24 WHO HAVE EXPERIENCED FOSTER CARE OR HOMELESSNESS WHILE ALSO PROMOTING THEIR GROWTH TO INDEPENDENCE.

  • LYDIA'S PLACE PROVIDES ASSISTANCE WITH FOOD,CLOTHING,HOUSEHOLD ITEMS,TRANSPORTATION,TUITION,COUNSELING, AND MEDICAL BILLS IN ITS MISSION TO PROVIDE BASIC LIVING NEEDS FOR PROGRAM PARTICIPANTS. LYDIA'S PLACE PROVIDES THIS ASSISTANCE TO AID STUDENTS DURING THIS PERIOD OF TRANSITION IN THEIR LIVES SO THAT THEY CAN FOCUS THEIR TIME AND ENERGY AND RESOURCES ON THEIR PERSONAL DEVELOPMENT AND GROWTH TOWARDS BECOMING INDEPENDENT AND SUCCESSFUL ADULTS.

    Expenses $230,227

  • LYDIA'S PLACE PROVIDES HOUSING IN ITS MISSION TO MEET BASIC LIVING NEEDS FOR PROGRAM PARTICIPANTS. FOUR UNITS ARE OPERATIONAL AT LYDIA'S HOMEPLACE, A QUADIPLEX BUILDING RENTED BY LYDIA'S PLACE THROUGH AGREEEMENT WITH THE LOCAL HABITAT FOR HUMANITY ORGANIZATION. FOUR OTHER UNITS ARE OPERATIONAL AT THE ARCH VILLAGE, THROUGH SUBLEASE AGREEMENTS BETWEEN LYDIA'S PLACE AND A LOCAL HOMELESS SHELTER ORGANIZATION. THE HOUSING PROVIDES A SECURE AND STEADY ENVIRONMENT AS STUDENTS BEGIN THEIR PATH TO LIVING INDEPENDENTLY WITHOUT HAVING TO DEAL WITH CO-SIGNERS, DEPOSITS, AND HIGH RENT COSTS.

    Expenses $118,815

  • LYDIA'S PLACE ALSO SUPPORTS THOSE STUDENTS THAT ARE ATTENDING COLLEGE AND LIVING IN A DORM ENVIRONMENT. LYDIA'S PLACE DOES AN ANNUAL PROVISIONS OF HOPE BASKET DRIVE WHERE THEY ENCOURAGE THE PUBLIC AND OTHER LOCAL CHURCHES TO FILL LAUNDRY BASKETS WITH ESSENTIALS FOR STUDENTS LIVING IN A DORM SUCH AS BEDDING, SHOWER CURTAINS, TOWELS, SCHOOL SUPPLIES,TOILETRY ITEMS, GIFT CARDS, AND OTHER BASIC NECESSITIES. THIS YEAR LYDIA'S PLACE PROVIDED APPROXIMATELY 250 SUCH BASKETS TO STUDENTS ACROSS THE STATE OF GEORGIA.

    Expenses $31,400

As filed on the 2023 return.

Listed in Part VII

  • Rebecca Schaffer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Betty Jo Walton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Brock Toole

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Megan Green

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • April Farlow

    FOUNDER

    Total calculated
    $0
    Hours/week
    10
  • Ross Crane

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Robbie Beck

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Emily Pursley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Johnelle Simpson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Kelly Brannen

    Executive Dir.

    Total calculated
    $0
    Hours/week
    15
  • Diane Brantley

    Executive Dir.

    Total calculated
    $0
    Hours/week
    40
  • Robin Woodall

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Jessica Roberts

    President

    Total calculated
    $0
    Hours/week
    5
  • Jennifer Williams

    Secretary

    Total calculated
    $0
    Hours/week
    5

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202541349349309059

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