Grand Rapids Initiative For Leaders
- Assets
- $271.3k
- Revenue
- $211.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Grand Rapids, MI
- Founding
- 04/2009
- Data as of
- 08/2022
- EIN
- 26-3903305
Organization Overview
Grand Rapids Initiative For Leaders is located in Grand Rapids, MI. The organization was established in 2009. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 08/2022, Grand Rapids Initiative For Leaders employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Rapids Initiative For Leaders 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 08/2022, Grand Rapids Initiative For Leaders generated $211.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $211.7k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LEADERSHIP TRAINING AND MINISTRY TO THE INNER CITY COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MINISTERS TO INNER CITY YOUTH AND ADULTS TO DEVELOP LEADERSHIP QUALITIES AND IMPACT COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Fase CEO | Officer | 40 | $57,500 |
Tyreece Guyton COO | Officer | 40 | $55,043 |
Ben Brewer Co-Chair | OfficerTrustee | 2 | $0 |
Matias Martinez Secretary | OfficerTrustee | 2 | $0 |
Tatum Hawkins Treasurer | OfficerTrustee | 2 | $0 |
Tamasha James Co-Chair | OfficerTrustee | 2 | $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 | $172,098 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,098 |
| Total Program Service Revenue | $13,006 |
| Investment income | $5,982 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,263 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $211,059 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $112,543 |
| Compensation of current officers, directors, key employees. | $16,893 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,866 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $110 |
| 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 | $16,231 |
| Advertising and promotion | $611 |
| Office expenses | $2,229 |
| Information technology | $8,577 |
| Royalties | $0 |
| Occupancy | $4,800 |
| Travel | $1,788 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,401 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65 |
| Insurance | $16,242 |
| All other expenses | $3,719 |
| Total functional expenses | $211,671 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,552 |
| Savings and temporary cash investments | $67,337 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,148 |
| 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 | $400 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $88,830 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $271,267 |
| Accounts payable and accrued expenses | $46,496 |
| 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 | $9,403 |
| Total liabilities | $55,899 |
| Net assets without donor restrictions | $215,368 |
| Net assets with donor restrictions | $0 |
| 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 | $271,267 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Grand Rapids Initiative For Leaders has recieved totaling $151,033.
| Awarding Organization | Amount |
|---|---|
Cdv5 Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING | $40,000 |
Douglas & Maria Devos Foundation Grand Rapids, MI PURPOSE: PROJECT/PROGRAM - TEEN AND ADULT PROGRAMS AND PATHWAY MOVEMENT | $30,000 |
Daniel & Pamella Devos Foundation Grand Rapids, MI PURPOSE: PROJECT/PROGRAM - TEEN AND ADULT PROGRAMS AND PATHWAY MOVEMENT | $30,000 |
Cdv5 Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING | $20,000 |
Daniel & Pamella Devos Foundation Grand Rapids, MI PURPOSE: PROJECT/PROGRAM - TEEN AND ADULT PROGRAMS AND PATHWAY MOVEMENT | $15,000 |
Dick And Betsy Devos Family Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advent House Ministries Inc Lansing, MI | $1,296,917 | $17,350,571 |
Lutheran Metropolitan Ministry Cleveland, OH | $18,738,675 | $17,759,604 |
Shalom Ministries International Inc Dublin, OH | $25,383,102 | $20,342,961 |
Mel Trotter Ministries Grand Rapids, MI | $13,737,280 | $17,550,593 |
Siebert Lutheran Foundation Inc Milwaukee, WI | $97,193,025 | $11,548,581 |
Interim Pastor Ministries Inc Orleans, MI | $699,514 | $5,433,287 |
Vcy America Inc Milwaukee, WI | $9,863,404 | $4,388,148 |
Cleveland Christian Home Inc Cleveland, OH | $9,204,950 | $4,752,818 |
St Luke Lutheran Community Portage Lakes North Canton, OH | $4,808,544 | $3,061,019 |
International Fellowship Of Evangelical Students Usa Inc Madison, WI | $6,456,796 | $6,176,291 |
Reaching Above Hopelessness And Brokenness Ministries Inc Canton, OH | $2,291,437 | $3,403,692 |
Wisconsin Evangelical Lutheran Synod Kingdom Workers Inc Waukesha, WI | $3,918,278 | $4,689,109 |