Foundations For Living
- Assets
- $492.8k
- Revenue
- $456.7k
- Investments
- $0.0
- Employees
- 9
- Location
- Waupaca, WI
- Founding
- 11/2011
- Data as of
- 12/2021
- EIN
- 27-4017294
Organization Overview
Foundations For Living is located in Waupaca, WI. The organization was established in 2011. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Foundations For Living employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundations For Living 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 12/2021, Foundations For Living generated $456.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $251.6k during the year ending 12/2021. While expenses have increased by 12.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TRANSITIONAL LIVING QUARTERS FOR THOSE IN NEED. PROVIDE FOOD AND SUPPLIES TO THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TRANSITIONAL LIVING QUARTERS AND PROVIDE FOOD & SUPPLIES TO THOSE IN NEED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Adams Executive Dir. | Officer | 0 | $8,562 |
Rand Swenson Vice Chairman | Trustee | 0 | $0 |
Robin Madson Chairman | Trustee | 0 | $0 |
Debra Ann Schmidt Secretary | Trustee | 0 | $0 |
Richard Vanman Treasurer | Trustee | 0 | $0 |
James Mccarthy Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $223,020 |
| All other contributions, gifts, grants, and similar amounts not included above | $138,804 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $361,824 |
| Total Program Service Revenue | $94,849 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $456,687 |
| 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. | $8,562 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,899 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,467 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,826 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,617 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,053 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,315 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,301 |
| Insurance | $4,768 |
| All other expenses | $16,723 |
| Total functional expenses | $251,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $358,998 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $133,834 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $492,832 |
| Accounts payable and accrued expenses | $8,473 |
| 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 | $83,287 |
| Total liabilities | $91,760 |
| Net assets without donor restrictions | $401,072 |
| 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 | $492,832 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Foundations For Living has recieved totaling $71,005.
| Awarding Organization | Amount |
|---|---|
Community Foundation For The Fox Valley Region Inc Appleton, WI PURPOSE: L41: HOMELESS SHELTERS | $39,300 |
J J Keller Foundation Inc Neenah, WI PURPOSE: GENERAL CHARITABLE | $12,500 |
Curt And Adele Berklund Foundation Boise, ID PURPOSE: GENERAL USE | $9,069 |
Victor And Christine Anthony Foundation Inc Waupaca, WI PURPOSE: TO HELP THE ORGANIZATION WITH THEIR WARMING SHELTER OPERATIONS. | $5,000 |
Rhoades Sanford Foundation Inc Waupaca, WI PURPOSE: GENERAL OPERATIONS | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $136 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Oakland Shelter Pontiac, MI | $9,020,060 | $13,086,858 |
Connections For The Homeless Inc Evanston, IL | $3,076,427 | $13,787,312 |
Emergency Shelter Services Inc Benton Harbor, MI | $975,071 | $9,532,903 |
People Serving People Inc Minneapolis, MN | $3,407,930 | $8,460,850 |
Dupage P A D S Inc Wheaton, IL | $16,069,911 | $10,468,502 |
Open Doors Kalamazoo Kalamazoo, MI | $5,217,907 | $9,628,538 |
Guest House Of Milwaukee Inc Milwaukee, WI | $4,668,756 | $7,591,185 |
Coalition On Temporary Shelter Detroit, MI | $26,563,191 | $7,637,731 |
Porchlight Inc Madison, WI | $20,932,700 | $8,054,019 |
La Casa Norte Chicago, IL | $17,596,315 | $9,177,000 |
Depaul Usa Inc Chicago, IL | $9,840,575 | $10,359,318 |
Grace Centers Of Hope Pontiac, MI | $8,062,866 | $7,960,361 |