Southern Mutual Help Association, Inc.
Southern Mutual Help Association, Inc.
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Neighbor Works

Donor Sense

SMHA Fiscal Overview


During 2011, 93 percent of Southern Mutual's total budget was used to fund programs and initiatives, with 7 percent used for general administration and fund raising. SMHA received a "clean" audit for 2011 as it has for each of its 43 years of operation.

SMHA's total assets as of year-end 2011 were $11,982,103 with net assets of $6,281,545.

REVENUES 2011    
Grants $ 1,822,936
Contributions   414,635
Events and Misc. Revenue   36,368
Earned Income   231,761
TOTAL $ 2,505,700  




Major Funders of SMHA's Work

Major funders of SMHA's work during 2011 include the Mary Reynolds Babcock Foundation, Marguerite Casey Foundation, Community Foundation of Acadiana's Fund for Gulf Communities, Foundation for the Mid South, Hearst Foundation, F. B. Heron Foundation, LISC/Rural LISC, NeighborWorks® America, and the Open Society Foundations. SMHA also has $4.8 million in low-interest investments from religious congregations and socially responsible investors across the country.


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Detailed financial statement
For a more detailed financial report with recent reporting in PDF format, click here.