Small Public Charity

OUR FOUNDATION FOR CHILDREN INC

OUR FOUNDATION FOR CHILDREN INC is a Small Public Charity headquartered in CHARLOTTE, NC. Financial data from the 2024 filing: $333 revenue, $333 expenses, $3K total assets.

EIN: 223778518 CHARLOTTE, NC Special Education NTEE: B28 Latest filing: 2024
Total Revenue$333
Total Expenses$333
Total Assets$3K
Grant Records0
Filing Years2020–2024

Mission

TO PROMOTE INTELLECTUAL,PHYSICAL DEVELOPMENT OF CHILDREN

Where $100 goes at Our Foundation for Children Inc

How Our Foundation for Children Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 7 years.

$53 Programs the work itself
$47 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $53 for programs

$27
The organization mission rests on 4 cornerstones
50% of program spending
$26
The organization mission rests on 4 cornerstones:improvement of the family, community, education opportunites and culture awareness
About 50% (cost not reported)
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Alan Lane

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $333 $333 $3K
2023 $327 $483 $3K
2022 $255 $204 $3K
2021 $917 $653 $3K
2020 $2K $912 $2K

Between 2020 and 2024, reported annual revenue declined from $2K to $333 (-80%), with total assets most recently reported at $3K.

Interactive year-over-year charts and full filing details available with membership.

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