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ALTERNATIVES FOR CHILDREN & FAMILIES INC
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2065 S. CENTER ROAD, P.O. BOX 190238
BURTON,
MI
48519
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GENERAL INFORMATION
Who We Are
TO PROVIDE FOSTER CARE, ADOPTIVE PLACEMENT AND AFTERCARE COUNSELING FOR CHILDREN AND FAMILIES.
- This organization is a 501(c)(3)
Public Charity
.
- This organization is required to file an IRS Form 990 or 990-EZ.
- Financial information in this report is derived from the organization's December 31, 2007
Form 990.
- Contributions are deductible, as provided by law.
| EIN: |
38-2785946 |
| Year Founded: |
Information not available |
| Ruling Year: |
1989 |
| Fiscal Year: |
December 31, 2007
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| Assets: |
$2,328,416 (from Dec 31, 2007 Form 990) |
| No. of Board Members: |
Information not available |
| No. of Full-Time Employees: |
Information not available |
| No. of Part-Time Employees: |
Information not available |
| No. of Volunteers: |
Information not available |
BOARD OF DIRECTORS
Name |
Title |
| YVWANIA RICHARDSON |
CHIEF EXECUTIVE OFFICER |
| LARRY SUTTER |
CHIEF OPERATING OFFICER |
| DEENA CHRISTENSEN |
CHIEF FINANCIAL OFFICER |
| PATRICK HUGHES |
VICE PRESIDENT |
| ROBERT WESLEY |
PRESIDENT |
| TINA FIELDER-GIBSON |
TREASURER |
| GROVER CROOM |
DIRECTOR |
| GLORIA QUINNEY |
DIRECTOR |
| RANDY VEENHUIS |
DIRECTOR |
| DON WIGGINS |
DIRECTOR |
MISSION AND PROGRAMS
Mission
TO PROVIDE FOSTER CARE, ADOPTIVE PLACEMENT AND AFTERCARE COUNSELING FOR CHILDREN AND FAMILIES.
Programs
- ADOPTIVE PLACEMENT (71 PLACEMENTS DURING THE YEAR)
- FOSTER CARE CONSISTING OF SOCIAL SERVICES OF $1,591,478 AND MAINTENANCE OF $1,323,957. (63,058 DAYS OF CARE)
FINANCIAL DATA
Revenues and Expenses: Fiscal Year Ending December 31, 2007
| REVENUE |
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| Contributions |
$67,645 |
| Government Grants |
$0 |
| Program Services |
$3,526,757 |
| Investments |
$8,247 |
| Special Events |
$6,053 |
| Sales |
$0 |
| Other |
$0 |
| Total Revenue |
$3,608,702 |
| EXPENSES |
|
| Program Services |
$3,183,555 |
| Administration |
$315,129 |
| Other |
$49,174 |
| Total Expenses |
$3,547,858 |
| Net Gain/Loss |
$60,844 |
Balance Sheet: Fiscal Year Ending December 31, 2007
Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
| ASSETS |
January 1, 2007 |
December 31, 2007 |
Change |
| Cash & Equivalent |
$20,962 |
$37,736 |
$16,774 |
| Accounts Receivable |
$466,822 |
$379,035 |
($87,787) |
| Pledges & Grants Receivable |
$0 |
$0 |
$0 |
| Receivable / Other |
$0 |
$0 |
$0 |
| Inventories for Sale of Use |
$0 |
$0 |
$0 |
| Investment/Securities |
$147,895 |
$148,153 |
$258 |
| Investment/Other |
$0 |
$0 |
$0 |
| Fixed Assets |
$1,842,407 |
$1,742,420 |
($99,987) |
| Other |
$33,909 |
$21,072 |
($12,837) |
| Total Assets |
$2,511,995 |
$2,328,416 |
($183,579) |
| LIABILITIES |
January 1, 2007 |
December 31, 2007 |
Change |
| Accounts Payable |
$302,707 |
$195,450 |
($107,257) |
| Grants Payable |
$0 |
$0 |
$0 |
| Deferred Revenue |
$0 |
$0 |
$0 |
| Loans and Notes |
$1,793,915 |
$1,656,812 |
($137,103) |
| Tax-Exempt Bond Liabilities |
$0 |
$0 |
$0 |
| Other |
$0 |
$0 |
$0 |
| Total Liabilities |
$2,096,622 |
$1,852,262 |
($244,360) |
| FUND BALANCE |
$415,373 |
$476,154 |
$60,781 |
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