The Storehouse
- Assets
- $2.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 04/2004
- Data as of
- 12/2019
- EIN
- 20-0500031
Organization Overview
The Storehouse is located in Omaha, NE. The organization was established in 2004. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Storehouse is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Storehouse generated $46.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $38.9k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
MISSIONARY SERVICES AND RESOURCE PROVIDING SERVICES IN THE OMAHA NE AREA AND DISBURSEMENT OF FUNDS TO THE NEEDY AND OTHER 501C3 ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Bents President/secretary | 8 | $0 | |
Brian Smith Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,244 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,244 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $90 |
| Total expenses | $38,914 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,888 |
| Other assets | $0 |
| Total assets | $2,888 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,888 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Storehouse has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doulos Ministries Inc Independence, MO | $17,094,809 | $7,030,778 |
Good Shepherd Lutheran Community Blair, NE | $4,394,791 | $5,136,170 |
International Messengers Clear Lake, IA | $5,781,763 | $6,946,691 |
Persuade The World Ministries Colorado Springs, CO | $2,527,761 | $6,071,254 |
International House Of Prayer Kansas City, MO | $184,048 | $5,377,714 |
American Lutheran Church Elk Horn, IA | $6,340,352 | $5,973,020 |
Biblical Education By Extension Inc Colorado Springs, CO | $2,298,554 | $3,974,117 |
Stephen Ministries Saint Louis, MO | $26,023,958 | $5,602,999 |
Crossfire Ministries Inc Colorado Springs, CO | $6,360,133 | $4,375,955 |
Nebraska Lutheran Outdoor Ministries Inc Ashland, NE | $11,165,008 | $3,788,912 |
What Matters Ministries And Missions Colorado Springs, CO | $564,276 | $3,431,281 |
Bibles For The World Colorado Springs, CO | $4,367,837 | $4,148,269 |