Three Strands
- Assets
- $419.3k
- Revenue
- $453.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Winona Lake, IN
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 46-0539915
Organization Overview
Three Strands is located in Winona Lake, IN. The organization was established in 2016. According to its NTEE Classification (Q23) the organization is classified as: International Exchange N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Three Strands employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Strands 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, Three Strands generated $453.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $323.2k during the year ending 12/2021. While expenses have increased by 9.4% 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
TO PROVIDE COMPASSIONATE, AFFORDABLE, CHRIST-CENTERED HEALTH CARE FOR THE NEEDIEST PEOPLE IN THE DEVELOPING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED MEDICAL RELIEF TO CENTRAL AFRICAN REPUBLIC AND HAITI. IN ADDITION, SUPPORTED STUDENT SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Taylor Chairman | OfficerTrustee | 15 | $6,000 |
Douglas Courter Secretary | OfficerTrustee | 7 | $0 |
Matt Starrett Treasurer | OfficerTrustee | 2 | $0 |
Luke Humberd Board Member | Trustee | 2 | $0 |
Melinda Woda Board Member | Trustee | 1 | $0 |
Ben Wagner Board Member | Trustee | 6 | $0 |
Financial Statements
| 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 | $451,985 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $451,985 |
| Total Program Service Revenue | $0 |
| Investment income | $1,896 |
| 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 | $453,881 |
| 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. | $6,000 |
| Compensation of current officers, directors, key employees. | $2,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,520 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $473 |
| Fees for services: Management | $18,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,211 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $802 |
| Office expenses | $5,384 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,027 |
| 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 | $10,306 |
| Insurance | $2,389 |
| All other expenses | $12,078 |
| Total functional expenses | $323,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,971 |
| Savings and temporary cash investments | $109,363 |
| 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 | $86,959 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $419,293 |
| Accounts payable and accrued expenses | $671 |
| 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 | $671 |
| Net assets without donor restrictions | $0 |
| 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 | $418,622 |
| Total liabilities and net assets/fund balances | $419,293 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Three Strands has recieved totaling $18,001.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $17,610 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $291 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Visitors Center Of Chicago Chicago, IL | $1,018,312 | $1,076,419 |
Three Strands Winona Lake, IN | $419,293 | $453,881 |
Wisconsin Nicaragua Partners Of The Americas Inc Stevens Point, WI | $772,994 | $253,222 |
Diastole-Hospital Hill Incorporated Kansas City, MO | $1,028,625 | $258,429 |
Christian Mission Charities Inc Middlebury, IN | $228,886 | $0 |
Foundation For International Education In Neurological Surgery Madison, WI | $863,458 | $92,687 |
Council Of International Programs In Chicago Inc Bensenville, IL | $30,928 | $0 |
St Charles Sister Cities Programs Inc St Charles, MO | $140,204 | $0 |
International Association For The Study Of The Commons Incorporated Bloomington, IN | $114,268 | $104,216 |
Global Outreach Inc Neenah, WI | $158,544 | $10,898 |
International Educational And Cultural Services Inc Oak Brook, IL | $15,618 | $0 |
Ipsac-Vn Morton, IL | $29,127 | $0 |