Street Psalms
- Assets
- $1.2m
- Revenue
- $428.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Tacoma, WA
- Founding
- 11/1999
- Data as of
- 06/2022
- EIN
- 23-2988887
Organization Overview
Street Psalms is located in Tacoma, WA. The organization was established in 1999. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Street Psalms employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Street Psalms 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 06/2022, Street Psalms generated $428.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $734.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Street Psalms has awarded 14 individual grants totaling $179,703. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING AND EDUCATING MINISTRY LEADERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND EDUCATING MINISTRY LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kris Rocke Executive Director | Officer | 40 | $130,000 |
Nic Hughes COO | Officer | 40 | $120,000 |
Kristy Farber President | Trustee | 1 | $0 |
Mandla Kaunda Treasurer | Trustee | 1 | $0 |
Jacob Moody Vice President | Trustee | 1 | $0 |
Doug Hostetter Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $375,092 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $375,092 |
| Total Program Service Revenue | $52,703 |
| Investment income | $612 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $150 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $428,557 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,013 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $40,103 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $250,000 |
| Compensation of current officers, directors, key employees. | $37,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $12,500 |
| Other employee benefits | $14,400 |
| Payroll taxes | $19,634 |
| Fees for services: Management | $129,698 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,375 |
| Advertising and promotion | $29,573 |
| Office expenses | $20,588 |
| Information technology | $29,466 |
| Royalties | $0 |
| Occupancy | $34,081 |
| Travel | $8,305 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,737 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,723 |
| Insurance | $4,557 |
| All other expenses | $0 |
| Total functional expenses | $734,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,596 |
| Savings and temporary cash investments | $1,163,373 |
| Pledges and grants receivable | $2,189 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,639 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,186,797 |
| Accounts payable and accrued expenses | $5,363 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,363 |
| Net assets without donor restrictions | $434,371 |
| Net assets with donor restrictions | $747,063 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,186,797 |
Grants Awarded
Over the last fiscal year, Street Psalms has awarded $99,400 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY PURPOSE: Train ministry leaders | $14,700 |
San Francisco, CA PURPOSE: Train Ministry Leaders | $14,700 |
Phoenix, AZ | | $10,000 |
Salem, OR PURPOSE: Train ministry leaders | $10,000 |
Wyoming, MI PURPOSE: Train Ministry leaders | $10,000 |
Salem, OR PURPOSE: Train ministry leaders | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Street Psalms has recieved totaling $6,300.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $5,800 |
Campbell Foundation Portland, OR PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crista Ministries Shoreline, WA | $133,575,378 | $73,059,150 |
Northwest Harvest E M M Seattle, WA | $90,036,518 | $96,557,942 |
Josephine Caring Community Stanwood, WA | $33,167,845 | $28,609,215 |
Union Gospel Mission Of Yakima Wash Yakima, WA | $12,139,044 | $14,954,134 |
Lynden Christian School Lynden, WA | $25,367,637 | $13,182,296 |
Luis Palau Association Portland, OR | $14,968,196 | $16,675,451 |
Village Missions Dallas, OR | $5,481,807 | $8,833,787 |
Community Development Inc Garden City, ID | $42,153,213 | $14,412,416 |
Alaska Christian College Soldotna, AK | $12,266,516 | $4,929,517 |
Black Diamond Camps Auburn, WA | $11,118,087 | $4,787,824 |
Serving Usa Inc Camas, WA | $2,399,183 | $3,743,258 |
Cannon Beach Conference Center Cannon Beach, OR | $14,722,335 | $5,412,142 |