Interfaith Outreach And Community Partners
- Assets
- $19.2m
- Revenue
- $15.5m
- Investments
- $0.0
- Employees
- 70
- Location
- Plymouth, MN
- Founding
- 08/1987
- Data as of
- 03/2024
- EIN
- 36-3482724
Organization Overview
Interfaith Outreach And Community Partners is located in Plymouth, MN. The organization was established in 1987. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. As of 03/2024, Interfaith Outreach And Community Partners employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interfaith Outreach And Community Partners 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 03/2024, Interfaith Outreach And Community Partners generated $15.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $9.8m during the year ending 03/2024. While expenses have increased by 2.9% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN OUR COMMUNITY BY MEETING BASIC NEEDS AND EQUIPPING HOUSEHOLDS FOR ONGOING STABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DELIVER SERVICES: INTERFAITH OUTREACH DELIVERS HOLISTIC SERVICES TO HELP OUR COMMUNITY MEET THEIR BASIC NEEDS AND TO EQUIP INDIVIDUALS AND FAMILIES FOR ONGOING STABILITY. IN FY24, 1,568 HOUSEHOLDS (4,819 PEOPLE) WORKED WITH US IN THE FOLLOWING SIX AREAS: FOOD, FAMILY SUPPORT, EMPLOYMENT, TRANSPORTATION, HOUSING & NEIGHBORHOODS, AND EDUCATION & YOUTH.
ENGAGE STAKEHOLDERS AND PARTNERS: INTERFAITH OUTREACH ENGAGES PROGRAM PARTICIPANTS, COMMUNITY PARTNERS, AND VOLUNTEERS IN ADDRESSING COMPLEX SOCIOECONOMIC COMMUNITY ISSUES, LEVERAGING RESOURCES (MONEY, TANGIBLE GOODS, TIME, AND EXPERTISE), BUILDING MUTUALLY BENEFICIAL RELATIONSHIPS, CREATING A WELCOMING AND INCLUSIVE COMMUNITY EXPERIENCE, AND ENHANCING OVERALL SERVICE DELIVERY AND IMPACT. IN FY24, 1,391 VOLUNTEERS CONTRIBUTED APPROXIMATELY 33,400 SERVICE HOURS VALUED AT APPROXIMATELY $1,062,000.
DISCOVER COMMUNITY NEEDS AND OPPORTUNITIES: DURING THE 2024 FISCAL YEAR, OUR FOCUS WAS ON FOOD, EMERGENCY FINANCIAL ASSISTANCE, AND WELCOMING NEW CLIENTS. A TOTAL OF 373 HOUSEHOLDS CAME TO INTERFAITH OUTREACH FOR SUPPORT FOR THE FIRST TIME. AS AN OUTCOME OF OUR 2022-2025 STRATEGIC PLAN, WE CONDUCTED FOCUSED RESEARCH TO IDENTIFY AND UNDERSTAND CURRENT COMMUNITY NEEDS, OPPORTUNITIES, AND SERVICE GAPS TO DRIVE OUR DECISIONS AROUND CORE SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Ward Executive Director | Officer | 40 | $267,798 |
Amy Blaz Director Of Finance & Operations | Officer | 40 | $134,426 |
Andrea Fahrenkrug Director Of Advancement | 40 | $105,337 | |
Katherine Magy Chief Of Staff | 40 | $125,083 | |
Jessica Markkula Chair | OfficerTrustee | 12 | $0 |
Nancy Hughes Vice Chair | OfficerTrustee | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bituminous Roadways Inc Construction Services | 3/30/24 | $119,325 |
Modern Heating & Air Conditioning Llc Construction Services | 3/30/24 | $114,890 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $9,942 |
| Membership dues | $0 |
| Fundraising events | $396,399 |
| Related organizations | $0 |
| Government grants | $80,963 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,625,289 |
| Noncash contributions included in lines 1a–1f | $2,412,618 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,112,593 |
| Total Program Service Revenue | $709,763 |
| Investment income | $136,794 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,050 |
| Net Income from Fundraising Events | -$26,776 |
| Net Income from Gaming Activities | $4,862 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,479,318 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,241 |
| Grants and other assistance to domestic individuals. | $3,414,960 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $438,314 |
| Compensation of current officers, directors, key employees. | $297,403 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,929,985 |
| Pension plan accruals and contributions | $36,706 |
| Other employee benefits | $306,529 |
| Payroll taxes | $237,288 |
| Fees for services: Management | $52,265 |
| Fees for services: Legal | $13,782 |
| Fees for services: Accounting | $27,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,706 |
| Fees for services: Other | $114,137 |
| Advertising and promotion | $67,792 |
| Office expenses | $297,157 |
| Information technology | $100,557 |
| Royalties | $0 |
| Occupancy | $328,219 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,033 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $201,809 |
| Insurance | $0 |
| All other expenses | $70,713 |
| Total functional expenses | $9,833,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,312 |
| Savings and temporary cash investments | $1,593,559 |
| Pledges and grants receivable | $2,139 |
| Accounts receivable, net | $35,447 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $256,408 |
| Prepaid expenses and deferred charges | $116,028 |
| Net Land, buildings, and equipment | $5,386,952 |
| Investments—publicly traded securities | $11,451,969 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,509 |
| Total assets | $19,229,323 |
| Accounts payable and accrued expenses | $319,218 |
| Grants payable | $0 |
| Deferred revenue | $85,370 |
| 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 | $48,184 |
| Total liabilities | $452,772 |
| Net assets without donor restrictions | $11,662,354 |
| Net assets with donor restrictions | $7,114,197 |
| 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 | $19,229,323 |
Grants Awarded
Over the last fiscal year, Interfaith Outreach And Community Partners has awarded $223,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OUTREACH DEVELOPMENT CORPORATION PURPOSE: AFFORDABLE HOUSING | $200,000 |
VICKSBURG COMMONS LP PURPOSE: NEW BASKETBALL COURT | $23,000 |