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Empty Stocking Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237159125 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Empty Stocking Fund Inc?

Empty Stocking Fund Inc, based in Atlanta, Georgia, is a nonprofit organization dedicated to uplifting the lives of disadvantaged children. Their primary mission involves distributing toys, gifts, and essential supplies during the holiday season, as well as throughout the year, to promote positive social and emotional development and academic success. In 2022 alone, they provided approximately 30,000 student supply kits and 20,000 holiday gift packages, in addition to serving over 1,750 Title I school teachers through their free teacher supply store. With a team of six dedicated individuals, Empty Stocking Fund Inc strives to make a tangible difference in the lives of children in need.


Official website here: www.emptystockingfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Empty Stocking Fund Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating exceptional performance in accountability and finance. The charity's overall score is derived entirely from its strong standing in this area, highlighting the organization's commitment to transparency and responsible financial management.

The nonprofit boasts a fully independent board of directors consisting of 18 members, which is a significant strength in governance. Key financial indicators, such as a program expense ratio of 78.36% and a fundraising efficiency ratio of $0.16, demonstrate the organization's effective use of resources to achieve its mission. Additionally, the absence of material diversions of assets and a well-structured audit and oversight committee underscore its financial integrity.

While the data reflects a strong performance across various metrics, there are no noted limitations in the feedback. The charity consistently adheres to best practices, including comprehensive conflict of interest and whistleblower policies, ensuring a robust framework for ethical operation. Overall, Empty Stocking Fund Inc exemplifies a high standard of accountability and financial health in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Empty Stocking Fund Inc?

86% of reviewers on Facebook recommend Empty Stocking Fund Inc. Here is a summary of their reviews:

Many volunteers highlight the positive impact of their contributions, emphasizing the joy brought to children through this organization. The praise often focuses on the impressive organization of the campaign and the thoughtful selection of toys and books provided to those in need, indicating a well-structured approach to community support.

Overall, the sentiment leans toward satisfaction with the cause, showing that those involved feel their efforts are making a significant difference in the lives of children during the holiday season. The commitment of volunteers suggests a strong community spirit and belief in the nonprofit's mission.


This AI summary has been generated from reviews found on Facebook.

Is Empty Stocking Fund Inc legitimate?

Empty Stocking Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empty Stocking Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $169,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,270

For more financial information, click here


Official website here: www.emptystockingfund.org

What is the mission statement of Empty Stocking Fund Inc?

The Empty Stocking Fund Inc's mission is centered around bringing joy and support to disadvantaged children. During the holiday season, they provide toys and gifts, but their mission extends beyond this, offering essential supplies throughout the year. These supplies contribute to positive social and emotional development and academic success. In 2022, they distributed around 30,000 student supply kits and 20,000 holiday gift packages. Furthermore, they served over 1,750 Title I school teachers through their free teacher supply store.


Official website here: www.emptystockingfund.org

Who is the CEO of Empty Stocking Fund Inc?

Manda Hunt is the Executive Director of Empty Stocking Fund Inc.


Official website here: www.emptystockingfund.org

What is the revenue of Empty Stocking Fund Inc?

Empty Stocking Fund Inc's revenue in 2023 was $2,201,714.


Official website here: www.emptystockingfund.org

Who are the executives of Empty Stocking Fund Inc and what are their salaries?

The average compensation at Empty Stocking Fund Inc during 2023 was $45,178. There are 6 employees and 2840 volunteers at Empty Stocking Fund Inc.


Here are 19 key members and their salaries:


Manda Hunt (Executive Director)
  • Compensation: $134,008
  • Related: $0
  • Other: $14,593
W Benjamin Barkley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Boniface (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Bursa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Cowart (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Cunningham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Falconer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandeep Kharidhi (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Little (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Manusakis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Nealon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Paschetto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cj Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bala Sundaramoorthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Vogel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faith Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Choate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.emptystockingfund.org

Where can I find the form 990 for Empty Stocking Fund Inc?

Empty Stocking Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.emptystockingfund.org

Learn more at the official website: www.emptystockingfund.org

Mission Statement of Empty Stocking Fund Inc

Empty Stocking Fund Inc, a nonprofit organization, is dedicated to bringing joy and positivity into the lives of disadvantaged children. They achieve this by providing toys and gifts during the holiday season and essential supplies throughout the year. This mission is aimed at supporting the children's social and emotional development and fostering their academic success. During 2022, Empty Stocking Fund Inc distributed over 30,000 student supply kits and 20,000 holiday gift packages. Furthermore, the organization extended its support to over 1,750 Title I school teachers by offering them free resources through its Teachers' Free Store.

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Impact




October, 2024

Empty Stocking Fund Inc significantly impacts the lives of disadvantaged children by providing essential support and joy, particularly during the holiday season. By distributing toys and gifts, it brings happiness and fosters a sense of belonging among children who might otherwise feel overlooked during festive times. In 2022 alone, Empty Stocking Fund distributed around 30,000 student supply kits and 20,000 holiday gift packages, directly addressing immediate needs.

Moreover, the organization plays a vital role in supporting the educational environment by serving over 1,750 Title I school teachers through its free store, ensuring that educators have the necessary resources to assist their students effectively. This approach not only enhances children's social and emotional development but also contributes to their academic success, creating a positive ripple effect within the community. By focusing on both immediate gifts and ongoing educational support, Empty Stocking Fund Inc strengthens the foundation for a brighter future for these children.




This information is meant to be a general summary of Empty Stocking Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,201,714 (2023)
Expenses
$2,733,146 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $17,581
  • Program Service Revenue: $312,313
  • Gross Receipts: $2,551,302

Assets and Liabilities:

  • Total Assets: $3,670,519
  • Total Liabilities: $985,100
  • Net Assets: $2,685,419

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCHOOL SUPPLY PROGRAM

Revenue

$312,313

Organization Details

Founding Year

1927

Principal Officer

Manda Hunt

Main Address

693 HUMPHRIES STREET, ATLANTA, GA, 30310

NTEE Category

Code: P50 - Human services

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