Storefront For Community Design
- Assets
- $57.7k
- Revenue
- $341.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Richmond, VA
- Founding
- 02/2013
- Data as of
- 06/2022
- EIN
- 45-2644809
Organization Overview
Storefront For Community Design is located in Richmond, VA. The organization was established in 2013. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Storefront For Community Design employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Storefront For Community Design 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 06/2022, Storefront For Community Design generated $341.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $294.7k during the year ending 06/2022. While expenses have increased by 9.5% 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
STOREFRONT FOR COMMUNITY DESIGN INSPIRES EQUITABLE COMMUNITY-DRIVEN DESIGN IN THE BUILT ENVIRONMENT THROUGH INNOVATIVE PROGRAMS AND RESOURCES AND RESOURCES THAT ENGAGE THE NEXT GENERATION OF DESIGNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, STOREFRONT FOR COMMUNITY DESIGN WORKED ON 26 PROJECT IDEAS AND COLLABORATED WITH 83 VOLUNTEERS TO PROVIDE LOW-COST DESIGN AND PLANNING ASSISTANCE AND DESIGN EDUCATION TO INDIVIDUALS, NON-PROFIT ORGANIZATIONS, NEIGHBORHOODS, AND BUSINESSES ACROSS THE CITY OF RICHMOND. VOLUNTEERS CONSISTED OF GRAPHIC DESIGNERS, ARCHITECTS, PLANNERS, LANDSCAPE ARCHITECTS, INTERIOR DESIGNERS, AND GRADUATE AND UNDERGRADUATE UNPAID INTERNS. WE WORKED WITH THE BETTER HOUSING COALITION TO CONVENE A COMMUNITY VISIONING INITIATIVE THE HIGHLAND GROVE COMMUNITY , COLLABORATED ON TWO COMMUNITY VISIONING INITIATIVES IN THE JACKSON WARD NEIGHBORHOOD, ENGAGED OVER 20 YOUTH THROUGH OUR CITY BUILDERS DESIGN SEMESTER PROGRAM AND DESIGN WORKSHOPS, AND COLLABORATED WITH DESIGN VOLUNTEERS AND VCUARTS MOB STUDIO STUDENTS OVER TWO SEMESTERS TO CREATE DELIVERABLES FOR OUR DESIGN SESSION PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Balon Executive Director | Officer | 40 | $75,000 |
Bernard Harkless Chairperson | OfficerTrustee | 2 | $0 |
Allison Powell Vice Chairperson | OfficerTrustee | 1 | $0 |
Joy Whitehurst Secretary Elect | OfficerTrustee | 1 | $0 |
Burt Pinnock Treasurer | OfficerTrustee | 1 | $0 |
Lane Pearson Member-At-Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $161,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,072 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $233,322 |
| Total Program Service Revenue | $91,016 |
| 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 | $17,500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $341,838 |
| 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 | $197,605 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,939 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,009 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,203 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,040 |
| Insurance | $4,173 |
| All other expenses | $0 |
| Total functional expenses | $294,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,138 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,400 |
| 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 | $168 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $57,706 |
| Accounts payable and accrued expenses | $7,867 |
| 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 | $7,867 |
| Net assets without donor restrictions | $49,839 |
| 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 | $57,706 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Storefront For Community Design has recieved totaling $55,047.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $24,028 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $21,000 |
Marguerite Casey Foundation Seattle, WA PURPOSE: FOR GENERAL OPERATING SUPPORT. | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Americans For Prosperity Arlington, VA | $36,122,323 | $113,776,550 |
Self Help Ventures Fund Durham, NC | $1,059,061,327 | $60,531,771 |
Anne Arundel Economic Development Corporation Annapolis, MD | $15,670,028 | $30,337,180 |
City Of Baltimore Development Corporation Baltimore, MD | $22,115,045 | $13,864,142 |
Prosperity Now Washington, DC | $29,090,376 | $24,644,874 |
Community Action Of South Eastern West Virginia Bluefield, WV | $9,324,400 | $12,779,130 |
Carter Street Corporation Chattanooga, TN | $16,714,346 | $6,596,539 |
Charlotte Center City Partners Charlotte, NC | $3,090,178 | $6,164,890 |
Venture Richmond Inc Richmond, VA | $7,025,585 | $5,575,003 |
Maryland Manufacturing Service Inc Salisbury, MD | $279,305 | $5,207,545 |
Enterprise Center Inc Chattanooga, TN | $3,677,488 | $5,998,300 |
Historic East Baltimore Community Action Coalition Inc Baltimore, MD | $9,898,806 | $3,562,151 |