Safety Net Spokane
- Assets
- $112.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spokane Valley, WA
- Founding
- 05/2013
- Data as of
- 12/2022
- EIN
- 45-5010888
Organization Overview
Safety Net Spokane is located in Spokane Valley, WA. The organization was established in 2013. 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. Safety Net Spokane 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 12/2022, Safety Net Spokane generated $147.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $144.2k during the year ending 12/2022. While expenses have increased by 10.4% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED FINANCIAL ASSISTANCE TO APPROXIMATELY 190 YOUTHS TRANSITIONINC OUT OF FOSTER CARE DUE TO AGE LIMITATIONS. FINANCIAL AID PROVIDED THROUGH ITEMS SUCH AS RENT ASSISTANCE, TUITION PAYMENTS, FOOD, UTILITY ASSISTANCE, PERSONAL AND HOUSEHOLD SUPPLIES, BUS PASSES, GASOLINE CARDS, COMPUTER EQUIPMENT FOR STUDENTS, AND OTHER ITEMS. PROVIDED THANKSGIVING FOOD BASKETS AND CHIRSTMAS GIFT CARDS TO ADDITIONAL YOUTH IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Coleen Quisenberry President | 5 | $0 | |
Shawn Biggs Vice President | 5 | $0 | |
Jennifer Martin Secretary | 5 | $0 | |
Melisa Majnarich Treasurer | 1 | $0 | |
Lisa Poole Director | 1 | $0 | |
Maria Trunkenbolz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,902 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $40 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $46,346 |
| Other Revenue | $0 |
| Total Revenue | $147,288 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,388 |
| Professional fees and other payments to independent contractors | $2,890 |
| Occupancy, rent, utilities, and maintenance | $5,618 |
| Printing, publications, postage, and shipping | $756 |
| Other expenses | $20,276 |
| Total expenses | $144,219 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,637 |
| Other assets | $0 |
| Total assets | $112,637 |
| Total liabilities | $542 |
| Net assets or fund balances | $112,095 |