The Unicorn Fund

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

EIN: 621250733 ✦ Wartburg, TN ✦ Designated as a 501(c)(3)

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Overview

What is The Unicorn Fund?

The Unicorn Fund is a nonprofit organization that serves indigent individuals residing in Morgan and Scott counties in Tennessee. Its primary objective is to provide essential support, including food, clothing, shelter costs, Christmas gifts, and school supplies. This assistance aims to enhance the overall living conditions and educational opportunities for those in need. The organization's mission extends beyond material aid, as it also offers scholarships in the aforementioned counties.

Is The Unicorn Fund legitimate?

The Unicorn Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Unicorn Fund submitted a form 990EZ, 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Unicorn Fund?

The Unicorn Fund's mission is centered around providing essential support to indigent individuals in Morgan and Scott counties in Tennessee. They strive to cover the necessities of food, clothing, and shelter for those in need. Additionally, they offer financial aid for education in the form of scholarships. During the festive season, they provide gifts at Christmas. Their mission extends to supplying school supplies, ensuring that children in these communities have the resources they need for their education.

What is the revenue of The Unicorn Fund?

The Unicorn Fund's revenue in 2024 was $78,625.

Who are the executives of The Unicorn Fund and what are their salaries?

Here are 12 key members and their salaries:


Lisa Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Wilson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Morgan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Verhonda Hembree (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Riseden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Griffith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Graves (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Hardwick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Woodard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Hamby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Sexton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Chambers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Unicorn Fund?

The Unicorn Fund's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of The Unicorn Fund

The Unicorn Fund, a non-profit organization, is committed to assisting indigent individuals in Morgan and Scott counties, Tennessee. Its primary mission is to provide essential necessities such as food, clothing, and shelter, in addition to offering financial aid for Christmas gifts and school supplies. The organization also extends its support by offering scholarships to individuals residing in these counties. In essence, The Unicorn Fund seeks to alleviate the hardships faced by those in need, providing them with the basic necessities required for a decent living.

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Impact




October, 2024

The Unicorn Fund plays a vital role in enhancing the quality of life for indigent individuals and families in Morgan and Scott Counties, Tennessee. By providing essential resources such as food, clothing, and shelter, the Fund addresses immediate needs and helps create a safety net for those facing financial hardship.

During the holiday season, The Unicorn Fund spreads joy by delivering gifts and ensuring that families experience the spirit of Christmas, fostering a sense of community and support. Additionally, the organization's focus on providing school supplies and scholarships empowers children in the area, promoting education and the potential for a brighter future.

The impact of The Unicorn Fund goes beyond mere provision of goods; it strengthens the community, alleviates poverty, and uplifts the lives of many residents who find themselves in difficult circumstances. Through its dedicated efforts, The Unicorn Fund instills hope and compassion, making a significant difference in the lives of those it serves.




This information is meant to be a general summary of The Unicorn Fund. 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
$78,625 (2024)
Expenses
$67,867 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $83
  • Gross Receipts: $78,625

Assets and Liabilities:

  • Total Assets: $69,200
  • Total Liabilities: $0
  • Net Assets: $69,200

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Organization Details

Principal Officer

Lisa Smith

NTEE Category

Code: Z99 - Unknown

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