Because International Corp is located in Nampa, ID. The organization was established in 2009. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2023, Because International Corp employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Because International Corp 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 12/2022, Because International Corp generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 14.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 ALLEVIATE POVERTY BY DISTRIBUTING IMPACT PRODUCTS AND SUPPORTING PRODUCT-FOCUSED ENTREPRENEURS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SHOES THAT GROWS: BECAUSE INTERNATIONAL IS COMMITTED TO THE UN'S SUSTAINABLE DEVELOPMENT GOAL 1: END POVERTY IN ALL FORMS EVERYWHERE. WE BELIEVE THIS STARTS WITH EXTREME POVERTY HELPING INDIVIDUALS AND FAMILIES WHO ARE LIVING BELOW THE 1.90 THRESHOLD. PHYSICAL PRODUCTS PLAY AN IMPORTANT ROLE IN MEETING IMMEDIATE NEEDS AND CREATING LONG TERM OPPORTUNITIES FOR EMPOWERMENT. WHEN WE TALK ABOUT USING PHYSICAL PRODUCTS AS SOLUTIONS, WE'RE REFERRING TO THE ENTIRE LIFE CYCLE OF THE PRODUCT - FROM IDEATION TO CREATION, FROM MANUFACTURING TO DISTRIBUTION, FROM PROVIDING RELIEF TO THE END USER WHILE PROVIDING JOBS AND OPPORTUNITY TO THOSE INVOLVED IN EACH STAGE OF THE PRODUCT LIFECYCLE. BECAUSE INTERNATIONAL BEGAN WITH A SIMPLE IDEA: DURABLE, GROWING FOOTWEAR DEVELOPED FOR KIDS STRUGGLING TO ALWAYS HAVE A PAIR OF SHOES THAT FIT. IN ADDITION TO DISTRIBUTING FOOTWEAR TO KIDS AROUND THE WORLD, WE'VE BEEN COMMITTED TO A PRODUCTION AND DISTRIBUTION MODEL THAT CREATES OPPORTUNITIES FOR EMPOWERMENT ALONG THE WAY. 2023 MARKED A YEAR OF INCREASED SHOE DISTRIBUTIONS AND CONTINUED RESEARCH AND DEVELOPMENT. WE REMAINED COMMITTED TO DISTRIBUTING THE BEST FOOTWEAR IN THE WORLD FOR KIDS LIVING IN POVERTY. WE EXCEEDED OUR GOAL OF DISTRIBUTING 40,000 PAIRS OF SHOES - DISTRIBUTING A TOTAL OF 41,715. THIS CAME ABOUT THROUGH NEW PARTNERSHIPS ALONG WITH RUNNING A NUMBER OF SIGNIFICANT CAMPAIGNS. ON THE SHOE DEVELOPMENT FRONT, WE BEGAN DESIGNING A COMPLETELY NEW VERSION OF OUR SHOE LATE IN THE YEAR. THIS NEW DESIGN WILL BE RELEASED IN 2024. THE SHOE THAT GROWS CONTINUES TO PROVIDE RELIEF FOR KIDS AND FAMILIES IMPACTED BY INJURIES, PARASITES, AND SOIL BORNE DISEASES SIMPLY BECAUSE THEY LACK ADEQUATE FOOTWEAR.
ACCELERATOR: AS AN ORGANIZATION, OUR MISSION IS TO USE PRODUCTS AS SOLUTIONS TO ALLEVIATE POVERTY BY MEETING IMMEDIATE NEEDS AND CREATING OPPORTUNITIES FOR EMPOWERMENT. ONE OF THE WAYS WE ARE DOING THIS IS THROUGH THE BECAUSE ACCELERATOR, A BUSINESS ACCELERATOR DESIGNED TO TAKE IDEAS FOR INNOVATIVE PRODUCTS LIKE THE SHOE THAT GROWS TO THE NEXT LEVEL. AS WE EXPERIENCED CONTINUED SUCCESS WITH THE SHOE THAT GROWS, WE BEGAN CONNECTING WITH AND BEING CONTACTED BY ASPIRING ENTREPRENEURS WHO HAD THEIR OWN IDEAS FOR PRODUCT SOLUTIONS THAT ALSO AIMED TO SOLVE A SOCIAL NEED. AFTER INFORMALLY HELPING A HANDFUL OF THEM WITH THEIR IDEAS AND BUSINESSES, WE REALIZED THAT INSTEAD OF TRYING TO COME UP WITH MORE OF OUR OWN IDEAS FOR PRODUCT SOLUTIONS, WE COULD BETTER ACHIEVE OUR MISSION BY COMING ALONGSIDE OTHERS WITH THEIR OWN PRODUCT IDEAS. IT WAS AT THAT POINT WE DECIDED TO FORMALLY CREATE THE BECAUSE ACCELERATOR - A PROGRAM FOCUSED ON PROVIDING COACHING, TRAINING, NETWORKING, AND FUNDING OPPORTUNITIES FOR SOCIAL ENTREPRENEURS WITH PRODUCT-BASED IDEAS AND BUSINESSES. IN 2023, WE CONTINUED TO REFINE AND DEVELOP THE SERVICES PROVIDED TO OUR ENTREPRENEUER PARTNERS WHILE ALSO MEASURING AND CELEBRATING THEIR SUCCESS AS THEY GROWN THEIR BUSINESSES, CREATE JOBS AND INCREASE THEIR IMPACT. AS IN PAST YEARS, A NEW COHORT OF 23 ENTREPRENEURS BEGAN AND COMPLETED THE PROGRAM. WE ALSO FOCUSED ON CREATING NEW PROGRAMMING FOR GRADUATES FROM PRIOR YEARS. SPECIFICALLY, WE LAUNCHED VIRTUAL NETWORKING GROUPS, ALLOWING ENTREPRENEURS THE OPPORTUNITY TO BETTER CONNECT WITH FELLOW ALUMNI OF THE PROGRAM AND DISCUSS ISSUES AND OPPORTUNITIES THEY ARE FACING IN THEIR BUSINESSES. WE ALSO ANNOUNCED A PARTNERSHIP WITH THE ALTERNATIVE BOARD, EXPANDING THE PROFESSIONAL MENTORING SERVICES THAT WE OFFER. NEW FUNDING OPPORTUNITIES WERE ALSO ROLLED OUT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Kroes President | Officer | 40 | $103,933 |
Carolynn Duncan Director | Trustee | 0.5 | $0 |
Roy Eiguren Treasurer | OfficerTrustee | 1 | $0 |
Tyler Gilmore Chairman | OfficerTrustee | 1 | $0 |
Audie Mcrae Chairman | OfficerTrustee | 1 | $0 |
Kathy Sebuck Director | Trustee | 0.5 | $0 |
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 | $1,546,154 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,546,154 |
Total Program Service Revenue | $0 |
Investment income | $815 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $2,238 |
Net Rental Income | $0 |
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 | $1,549,207 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $112,530 |
Grants and other assistance to Foreign Orgs/Individuals | $383,103 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $109,409 |
Compensation of current officers, directors, key employees. | $32,823 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $537,837 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $29,617 |
Payroll taxes | $48,349 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,457 |
Fees for services: Accounting | $7,230 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $47,038 |
Advertising and promotion | $20,367 |
Office expenses | $87,620 |
Information technology | $23,355 |
Royalties | $0 |
Occupancy | $43,294 |
Travel | $129,227 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,715 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,706 |
Insurance | $8,619 |
All other expenses | $19,809 |
Total functional expenses | $1,626,282 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $292,637 |
Savings and temporary cash investments | $278,974 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $27,050 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $220,827 |
Prepaid expenses and deferred charges | $11,979 |
Net Land, buildings, and equipment | $17,316 |
Investments—publicly traded securities | $0 |
Investments—other securities | $63,203 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $911,986 |
Accounts payable and accrued expenses | $251,421 |
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 | $251,421 |
Net assets without donor restrictions | $660,565 |
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 | $911,986 |