Dear Friends and Family, On behalf of the Staff and Board of Directors at BCM Georgia, enclosed please find our Annual Impact Report summarizing our Fiscal Year 2023 (FY 23) which ended June 30, 2023. Also included is the first quarter report for FY 24. We are very grateful for your current and past support. We are incredibly proud of the work that continues to fuel the mission of BCM Georgia. As we play our part in the overall continuum of care for our fellow Georgians, leadership and change are critical. As you may know, we recently announced the hiring of a new President & CEO, Shirley Anne Smith. She comes to us with a robust nonprofit background that includes volunteerism, organizational leadership, and board service. Please join us in welcoming Shirley Anne! As we continue to cast the vision for the future ahead, it’s important to recognize our sustainers who created this organization and allow us to continue to fulfill its mission as we support nearly 800 households each year. Highest Regards, Roy F. Jenkins III Board Chair BCM Georgia
BCM Georgia • The Murray Building • 2847 Piedmont Road, NE • Atlanta, GA 30305 • bcmgeorgia.org
Housing Impact Report Dear Friend of BCM Georgia: Greetings! As the new President and CEO of BCM Georgia, it is my privilege to usher in the next chapter of this esteemed organization, and I am beyond grateful to have arrived here. Since its inception in 1987, BCM Georgia has helped people in need and in crisis in a caring, dignified manner. Our team’s endeavor is to work toward our mission: to keep people from becoming homeless and work to elevate their possibilities for economic empowerment. BCM Georgia envisions caring communities where everyone has a home and the opportunity to thrive. Our member churches and faith-based organizations fueled the creation and mission of BCM Georgia and remain supporters of the households we serve. As our statewide efforts grow beyond Buckhead, our support network has expanded to include nonprofit, municipal, and corporate citizens. The need for BCM Georgia is greater than ever. Here’s why ... • Georgia tops the list for income inequality and the highest wealth equity gap according to the Economic Policy Institute. • A shortage of affordable rental homes available to low-income households are leaving families cost-burdened with more than half of their income spent on housing. In a recent report by the National Low Income Housing Coalition, this is affecting quality of life as households sacrifice necessities including healthy food and healthcare. There’s a lot of work to do, and we stand ready to answer the call. As we blueprint our path for the future ahead, we encourage you to stay in touch. I hope to have the opportunity to meet you in person very soon. My contact information is to follow, and I invite you to reach out often. We are grateful for you and for your support throughout the last 35 years, and we look forward to many more decades of helping those who need BCM Georgia. All Our Best,
Shirley Anne Smith President & CEO ShirleyAnne@bcmgeorgia.org 678-399-8429
Highlights FY 24:Q1 Emergency Assistance Served
250
households
572
individuals
with rent, mortgage and utility assistance. Direct Participant Benefit for Emergency Assistance
596,502.37
$
Foundation 3™ Served
9
households
23
individuals
The total amount of debt reduced so far by current participants
7,617.66
$
Direct Participant Benefit for Foundation 3TM $
37,926.49
Budget for Life™
Give Now!
22
Served
households
47
individuals
Direct Participant Benefit $
3,525.00
By The Numbers Here’s a look at what we accomplished together in FY 23. Foundation 3™
Long-term intervention program stabilizing housing, employment and increasing education opportunities and job certifications for families at risk of homelessness and homeless families.
15
Served:
households
48
individuals
Direct Participant Benefit:
$190,874.44
Here are a few things we’re celebrating with our participants! Foundation 3TM • A participant became a certified EMT in November 2023. • A participant recently enrolled at Atlanta Tech and received an academic scholarship of $1,500 and the Pell Grant. • A participant recently received a pay increase of $14 per hour after starting a temp-perm paid internship.
Emergency Housing Assistance
Immediate intervention by providing financial assistance for rent, mortgage, or utilities.
Served:
1,652 3,818 households
individuals
Direct Participant Benefit:
2,259,000.60
Budget for Life™
Financial education program that provides money management classes to low-income working families with debt and who may be at risk of homelessness.
28
Served:
households
71
individuals
completed money management classes. Households, by the end of money management classes, collectively
paid off
201,272.52
$
in debt. Saved
7,272.72
$
Here are a few things we’re celebrating with our participants! Budget for LifeTM
• A participant increased income by becoming a pharmacy technician, which was made possible by BCM paying through the professional development scholarship. • A participant received a housing voucher which reduced her rent by $650. She plans to create and deposit the money into her savings account. • A participant obtained a new job as an Administrative Coordinator that pays her $52,000/year.
$
“I am so thankful for the assistance that BCM Georgia has provided me. I have faced many health challenges and had significant surgeries that have caused me to miss many hours of work. I feared that I would be homeless due to the pending eviction. Due to the diligent efforts of BCM Georgia, I can remain housed and catch up on my rent.” - BCM Georgia Emergency Assistance participant
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