Initiative For Rural Innovation & Stewardship
- Assets
- $17.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wenatchee, WA
- Founding
- 08/2010
- Data as of
- 12/2023
- EIN
- 26-3677904
Organization Overview
Initiative For Rural Innovation & Stewardship is located in Wenatchee, WA. The organization was established in 2010. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Initiative For Rural Innovation & Stewardship 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 12/2023, Initiative For Rural Innovation & Stewardship generated $1.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (31.1%) each year. All expenses for the organization totaled $2.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (25.2%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
IRIS SUPPORTS VIBRANT, HEALTHY, SUSTAINABLE RURAL COMMUNITIES IN NORTH CENTRAL WASHINGTON BY BUILDING KNOWLEDGE, CONFIDENCE, AND POSITIVE COMMUNITY DIALOGUE. OUR SUCCESSFUL PROGRAMS SUCH AS THE LISTENING POST AND SUCCESS SUMMIT FOSTER COOPERATIVE SOLUTIONS TO COMPLEX ISSUES BY CONNECTING PEOPLE, PLACE AND POSSIBILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maggie Reilly Director | 1 | $0 | |
Michael Yale Treasurer | 1 | $0 | |
Marcy Ostrom President | 1 | $0 | |
Erin Mundinger Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $745 |
| Gain or Loss | $566 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,311 |
| 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 | $1,480 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,252 |
| Total expenses | $2,732 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,540 |
| Other assets | $0 |
| Total assets | $17,540 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,540 |