financials
Financial Health * Accountability * Transparency
Old Boney Mountain Foundation for Kids
Program expenses fund kids to go to summer camp and award scholarships for youth graduating high school. In 2022 we will expand our funding to include putting youth through life skills courses as well.
Projections: 1-1-2022 - 12-31-2022
Employee Salary: $0
Awards and Grants Distributed: $6,800*
Contributions: $30,000**
Admin Expense: $2,652.00
Net Available: $20,547.00
Admin: 8.84%
* Scholarships $2000 Summer Camp: $4,800 Life Skills Programs: TBD
** Special Events: $15,000, Donors: $10,000, Local Church Outreach: $5000 total: $30,000
2019-2021 ( Prior 3 Years Combined)
Employee Salary: $0
Awards and Grants Distributed: $5000.00
Contributions: $22,444.29
Admin Expense: $2,591.45
Net Available: $14,852.84
Admin: 11.54%
2021
Employee Salary: $0
Awards and Grants: $3000.00*
Contributions: $15,395.15
Admin Expense: $1,259.00
Net: $11,136.15
Admin: 8.17%
*$1000 Scholarships, $2000.00 Summer Camp
2020 (Grand Opening)
Employee Salary: $0
Awards and Grants: $2000.00*
Contributions: $4518.39
Admin Expense: $918.63
Net: $1,599.76
Admin %: 20.33%
*2000.00 Scholarships
2019 (Start up)
Employee Salary: $0
Awards and Grants: $0*
Contributions: $2530.75
Admin Expense: $413.82
Net: $2,116.93
Admin: 16.35%
*We officially opened our doors on January 1, 2020 so there were no awards or grants in 2019.
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We have no paid employees. We will not pay for staff unless administrative expenses are under 10%.
General Information
Please feel free to contact us with any questions at jeff@oldboneymountain.org Thank you!
Old Boney Mountain Foundation for Kids
Program expenses fund kids to go to summer camp and award scholarships for youth graduating high school. In 2022 we will expand our funding to include putting youth through life skills courses as well.
Projections: 1-1-2022 - 12-31-2022
Employee Salary: $0
Awards and Grants Distributed: $6,800*
Contributions: $30,000**
Admin Expense: $2,652.00
Net Available: $20,547.00
Admin: 8.84%
* Scholarships $2000 Summer Camp: $4,800 Life Skills Programs: TBD
** Special Events: $15,000, Donors: $10,000, Local Church Outreach: $5000 total: $30,000
2019-2021 ( Prior 3 Years Combined)
Employee Salary: $0
Awards and Grants Distributed: $5000.00
Contributions: $22,444.29
Admin Expense: $2,591.45
Net Available: $14,852.84
Admin: 11.54%
2021
Employee Salary: $0
Awards and Grants: $3000.00*
Contributions: $15,395.15
Admin Expense: $1,259.00
Net: $11,136.15
Admin: 8.17%
*$1000 Scholarships, $2000.00 Summer Camp
2020 (Grand Opening)
Employee Salary: $0
Awards and Grants: $2000.00*
Contributions: $4518.39
Admin Expense: $918.63
Net: $1,599.76
Admin %: 20.33%
*2000.00 Scholarships
2019 (Start up)
Employee Salary: $0
Awards and Grants: $0*
Contributions: $2530.75
Admin Expense: $413.82
Net: $2,116.93
Admin: 16.35%
*We officially opened our doors on January 1, 2020 so there were no awards or grants in 2019.
-----------------------------------------------------------------------
We have no paid employees. We will not pay for staff unless administrative expenses are under 10%.
General Information
Please feel free to contact us with any questions at jeff@oldboneymountain.org Thank you!