Interfaith Outreach And Community Partners Endowment Fund is located in Plymouth, MN. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interfaith Outreach And Community Partners Endowment Fund 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, Interfaith Outreach And Community Partners Endowment Fund generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $58.0k during the year ending 12/2021. 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
TO MANAGE FUNDS THAT SUPPORT ITS SOLE BENEFICIARY, INTERFAITH OUTREACH AND COMMUNITY PARTNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SUPPORT TO INTERFAITH OUTREACH AND COMMUNITY PARTNERS. INTERFAITH OUTREACH AND COMMUNITY PARTNERS IS A COMMUNITY-BASED OUTREACH ORGANIZATION WITH A 43-YEAR HISTORY OF SERVING LOW-INCOME FAMILIES AND INDIVIDUALS OF EIGHT WEST SUBURBAN COMMUNITIES OF THE TWIN CITIES. INTERFAITH OUTREACH AND COMMUNITY PARTNERS DIRECT SERVICES EMPLOY A COMPREHENSIVE SERVICE APPROACH IN SIX IMPACT AREAS - FAMILY SUPPORT, FOOD, HOUSING AND NEIGHBORHOODS, EMPLOYMENT, EDUCATION AND YOUTH, AND TRANSPORTATION - AN APPROACH THAT HELPS PEOPLE STABILIZE IN TIMES OF CRISES AND ACCESS RESOURCES AND OPPORTUNITIES THAT LEAD TO POSITIVE CHANGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patrick Knight Chair | OfficerTrustee | 2 | $0 |
Daniel Fazendin Vice Chair | OfficerTrustee | 2 | $0 |
Nancy Hughes Secretary | OfficerTrustee | 2 | $0 |
Michael Poch Treasurer | OfficerTrustee | 2 | $0 |
Susan Bode Member | OfficerTrustee | 1 | $0 |
Jim Meyer Member | OfficerTrustee | 1 | $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 | $527,947 |
Noncash contributions included in lines 1a–1f | $254,306 |
Total Revenue from Contributions, Gifts, Grants & Similar | $527,947 |
Total Program Service Revenue | $0 |
Investment income | $74,677 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $816,860 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,419,484 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,775 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $56,011 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $195 |
Total functional expenses | $57,981 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $148,134 |
Savings and temporary cash investments | $1,734 |
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 | $0 |
Investments—publicly traded securities | $6,383,762 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,533,630 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $6,038,934 |
Net assets with donor restrictions | $494,696 |
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 | $6,533,630 |
Over the last fiscal year, we have identified 1 grants that Interfaith Outreach And Community Partners Endowment Fund has recieved totaling $8,600.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $8,600 |
Beg. Balance | $5,667,396 |
Earnings | $396,268 |
Admin Expense | $57,981 |
Net Contributions | $527,947 |
Ending Balance | $6,533,630 |
Organization Name | Assets | Revenue |
---|---|---|
Bi-County Community Action Programs Inc Bemidji, MN | $4,444,331 | $10,197,107 |
District Council Of Madison Inc Society Of St Vincent De Paul Madison, WI | $28,009,040 | $10,756,088 |
Tri County Action Program Inc Waite Park, MN | $7,447,011 | $9,188,205 |
Good Shepherd Home Ltd Seymour, WI | $8,463,620 | $9,263,497 |
Catholic Charities Of The Archdiocese Of Milwaukee Inc Milwaukee, WI | $4,551,488 | $6,483,716 |
Indianhead Community Action Agency Ladysmith, WI | $6,806,545 | $7,146,116 |
Creative Community Options Inc Johnston, IA | $4,592,571 | $10,600,664 |
Minnesota River Area Agency On Aging Inc Mankato, MN | $2,137,697 | $7,668,556 |
Table To Table Food Distribution Network Iowa City, IA | $760,953 | $7,547,315 |
Native American Veterans Assistance Pine Ridge, SD | $3,554,178 | $8,561,228 |
Nexus Diversified Community Services Plymouth, MN | $72,247,234 | $7,466,723 |
Siouxland Human Investment Partnership Inc Sioux City, IA | $5,602,100 | $7,652,226 |