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 12/2023, Three Strands employed 3 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 12/2023, Three Strands generated $744.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $534.7k during the year ending 12/2023. While expenses have increased by 11.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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 2023, APPROXIMATELY 7,000 PEOPLE RECEIVED HELP IN HAITI AND APPROXIMATELY 9,000 PEOPLE RECEIVED HELP IN CAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Taylor Chief Exec O | Officer | 40 | $99,083 |
Jordan Damon Assistant Di | Officer | 40 | $79,500 |
Sean Cannone Board Member | Trustee | 2 | $0 |
Douglas Courter Pres, Databa | OfficerTrustee | 5 | $0 |
Ben Haab Board Member | OfficerTrustee | 2 | $0 |
Luke Humberd Board Member | Trustee | 2 | $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 | $740,261 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $740,261 |
Total Program Service Revenue | $0 |
Investment income | $3,727 |
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 | $743,988 |
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. | $178,583 |
Compensation of current officers, directors, key employees. | $79,383 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,594 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,697 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,909 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $22,994 |
Office expenses | $813 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $23,455 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,291 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,837 |
Insurance | $2,221 |
All other expenses | $7,424 |
Total functional expenses | $534,728 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $290,597 |
Savings and temporary cash investments | $248,027 |
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 | $163,851 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $702,475 |
Accounts payable and accrued expenses | $3,118 |
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 | $3,118 |
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 | $699,357 |
Total liabilities and net assets/fund balances | $702,475 |
Organization Name | Assets | Revenue |
---|---|---|
International Visitors Center Of Chicago Chicago, IL | $1,074,183 | $2,489,901 |
Three Strands Winona Lake, IN | $702,475 | $743,988 |
Wisconsin Nicaragua Partners Of The Americas Inc Stevens Point, WI | $775,537 | $194,694 |
Diastole-Hospital Hill Incorporated Kansas City, MO | $1,117,366 | $300,089 |
Christian Mission Charities Inc Middlebury, IN | $204,043 | $0 |
Global Outreach Inc Appleton, WI | $180,240 | $72,092 |
Council Of International Programs In Chicago Inc Bensenville, IL | $23,706 | $0 |
Foundation For International Education In Neurological Surgery Madison, WI | $863,458 | $92,687 |
St Charles Sister Cities Programs Inc St Charles, MO | $188,368 | $0 |
International Association For The Study Of The Commons Incorporated Bloomington, IN | $94,946 | $53,212 |
International Educational And Cultural Services Inc Oak Brook, IL | $34,465 | $0 |
Ipsac-Vn Morton, IL | $29,127 | $0 |
Youth Centers Of Israel Inc Chicago, IL | $98,348 | $0 |
Friends Of The Commission On International Visitors Springfield, IL | $23,831 | $1,589 |