Salts Inc
- Assets
- $1.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Park, MN
- Founding
- 03/2014
- Data as of
- 06/2019
- EIN
- 46-1297742
Organization Overview
Salts Inc is located in Lake Park, 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. Salts Inc 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 06/2019, Salts Inc generated $9.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (39.0%) each year. All expenses for the organization totaled $20.8k during the year ending 06/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
MISSION TRIPS WITH CHARITABLE SUPPORT: OUTREACH MISSION TRIP ABROAD THAT INVOLVES CHARITABLE SUPPORT TO QUALIFIED ORGANIZATIONS AND INDIVIDUALS IN NEED. IN DOING SO, SALTS PROMOTES THE GOSPEL OF JESUS CHRIST AS WRITTEN IN THE HOLY BIBLE WHILE PROVIDING RELIEF FOR THE POOR, DISTRESSED, AND DISADVANTAGED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert A Brunsvold President | 0 | $0 | |
Matthew Brunsvold Director | 0 | $0 | |
Victoria L Brunsvold Secretary | 0 | $0 | |
Jean Unger Treasurer | 0 | $0 | |
Jeffrey Holte Director | 0 | $0 | |
Carol Erickson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,482 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,482 |
| Statement of Expenses | |
|---|---|
| Total expenses | $20,787 |
| Balance Sheet | |
|---|---|
| Total assets | $1,274 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,274 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Salts Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Terry J & Susan K Hanson Foundation Fountain Hills, AZ PURPOSE: CHARITABLE | $2,500 |
Peer Organizations
| 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 |