Karis Inc is located in Grand Junction, CO. The organization was established in 2009. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Karis Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karis Inc 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 09/2021, Karis Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $2.7m during the year ending 09/2021. While expenses have increased by 29.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING AND ASSISTANCE TO HOMELESS INDIVIDUALS, FAMILIES, AND TEENS WHO ARE MOVING AGRESSIVELY TOWARDS SELF-SUFFICIENCY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY SERVICES WHICH PROVIDES TEMPORARY SAFE SHELTER FOR HOMELESS YOUTH. THEHOUSE PROVIDES COUNSELING, EMOTIONAL SUPPORT, AND GUIDANCE TO HELP THEM ESTABLISH A STABLE AND PRODUCTIVE LIFE SITUATION.
TRANSITIONAL LIVING FOR ESTABLISHING PERMANENT AND POSITIVE RELATIONSHIPS, A FULL SUITE OF MENTAL HEALTH AND PHYSICAL HEALTH SERVICES, AND FOLLOW-UP SERVICES THAT EXTEND WELL PAST THE REQUIRED 90 DAYS.
STREET OUTREACH MEETS THE NEEDS OF TWO UNDERSERVED POPULATIONS; YOUNG ADULTS AGED 18-24 AND THOSE WHO IDENTIFY AS LGBTQ.
PERMANENT SUPPORTIVE HOUSING WHICH PROVIDES VOUCHER-BASED HOUSING FOR YOUTH AND ADULTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Randall Cupp President | OfficerTrustee | 2 | $0 |
Cindy Dickey Treasurer | OfficerTrustee | 2 | $0 |
Terri Walter Secretary | OfficerTrustee | 2 | $0 |
Laurel Walters Vice Preside | OfficerTrustee | 2 | $0 |
Cydnie Lacour Executive Di | Officer | 40 | $0 |
George Gromke Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,100,761 |
All other contributions, gifts, grants, and similar amounts not included above | $659,867 |
Noncash contributions included in lines 1a–1f | $74,530 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,760,628 |
Total Program Service Revenue | $243,457 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $12,377 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,050,096 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,452,035 |
Pension plan accruals and contributions | $12,512 |
Other employee benefits | $82,241 |
Payroll taxes | $119,997 |
Fees for services: Management | $0 |
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 | $112,177 |
Advertising and promotion | $0 |
Office expenses | $5,711 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $332,046 |
Travel | $10,704 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $21,068 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $42,877 |
Insurance | $49,669 |
All other expenses | $136,001 |
Total functional expenses | $2,707,636 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $400,497 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $415,224 |
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 | $1,669,961 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,629,922 |
Total assets | $4,115,604 |
Accounts payable and accrued expenses | $108,380 |
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 | $482,321 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $590,701 |
Net assets without donor restrictions | $3,524,903 |
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 | $4,115,604 |
Over the last fiscal year, we have identified 1 grants that Karis Inc has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Gates Family Foundation Denver, CO PURPOSE: RENOVATION | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Visit Salt Lake Salt Lake City, UT | $7,092,794 | $14,927,768 |
Greater Phoenix Convention & Visitors Bureau Phoenix, AZ | $19,191,750 | $16,242,591 |
Central Oklahoma Workforce Investment Board Inc Oklahoma City, OK | $3,420,947 | $10,316,235 |
Greater Phoenix Economic Council Phoenix, AZ | $6,926,984 | $7,545,492 |
Region 10 League For Economic Assistance & Planning Inc Montrose, CO | $16,331,779 | $8,034,942 |
Cplc Nevada Inc Phoenix, AZ | $8,204,824 | $6,300,794 |
Wichita Convention & Tourism Bureau Wichita, KS | $3,697,930 | $5,439,635 |
South Central Kansas Economic Development District Inc Sckedd Bel Aire, KS | $6,963,572 | $7,360,259 |
Omaha Economic Development Corp Omaha, NE | $18,549,776 | $6,962,293 |
I2e Inc Oklahoma City, OK | $27,869,803 | $5,344,576 |
Partnership For Economic Innovation Tempe, AZ | $1,809,665 | $4,093,737 |
Albuquerque Convention & Visitors Bureau Inc Albuquerque, NM | $3,028,509 | $4,018,411 |