Stone Soup Corvallis Inc
- Assets
- $352.7k
- Revenue
- $230.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Corvallis, OR
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 46-2438435
Organization Overview
Stone Soup Corvallis Inc is located in Corvallis, OR. The organization was established in 2014. According to its NTEE Classification (K35) the organization is classified as: Soup Kitchens, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Stone Soup Corvallis Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stone Soup Corvallis 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 12/2022, Stone Soup Corvallis Inc generated $230.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $267.6k during the year ending 12/2022. While expenses have increased by 24.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES FREE FULL MEALS TO HUNGRY PERSONS IN OUR COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MAIN VOLUNTEER-PREPARED FREE HOT MEAL PROGRAM PROVIDES A COMPLETE NUTRITIOUS MEAL 365 DAYS PER YEAR TO ALL PERSONS REGARDLESS OF THEIR RACE, RELIGION, SEX, COLOR, AGE, SEXUAL ORIENTATION OR NATIONAL ORIGIN. MEALS ARE PREPARED AND SERVED BY VOLUNTEERS WORKING AT ONE OF OUR MEAL SITES PROVIDED BY LOCAL CHURCHES. AS PART OF OUR CONTINUING RESPONSE TO THE COVID-19 PANDEMIC, WE PREPARED EXTRA FOOD THAT WAS DELIVERED TO BE SERVED NEARLY SIMULTANEOUSLY AT THE HYGIENE CENTER, CO-LOCATED WITH THE MENS SHELTER IN CORVALLIS, FOUR DAYS A WEEK. BECAUSE OF COVID-19, ALL MEALS WERE SERVED TAKE-AWAY ONLY IN THE FIRST THREE MONTHS OF 2022. BEGINNING IN APRIL 2022 WE RESUMED CONGREGATE DINING AT OUR MEAL SITES, WHILE CONTINUING TO PROVIDE PACKAGED MEALS FOR THOSE WHO PREFERRED TAKE-OUT. THE USE OF KITCHENS AND DINING ROOMS AT OUR MEAL SITES IS PROVIDED FREE OF CHARGE BY OUR HOST CHURCHES. AT THE REQUEST OF ONE OF OUR LONG-TERM HOSTS, WE FOUND A NEW LOCATION FOR OUR THURSDAY MEAL, AND BEGAN USING THIS THIRD MEAL SITE IN JULY 2022. WE PREPARED 42,653 MEALS IN 2022, AVERAGING 116 MEALS PER DAY.
WE PROVIDED FREE CATERED MEALS AT A DRIVE-THRU/WALK-UP SITE IN SOUTH CORVALLIS THIRD STREET COMMONS, THREE TIMES A WEEK. THIS PROGRAM WAS DESIGNED TO BE FAMILY-FRIENDLY DURING THE ECONOMIC STRESS RESULTING FROM THE LOCK-DOWN TO PROTECT COMMUNITY HEALTH DURING THE PANDEMIC. WE ENDED THIS PROGRAM IN LATE AUGUST 2022, TO CONSERVE RESOURCES FOR OUR MAIN PROGRAM. WE SERVED 7,719 FREE MEALS PREPARED BY A CATERER IN 2022.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zack Allen Board Member | Trustee | 2 | $0 |
Emily Bowling Vice President | OfficerTrustee | 2 | $0 |
Ruth Johanna Treasurer | Trustee | 10 | $0 |
Dawn Gonzales Board Member | Trustee | 5 | $0 |
Adriana Huyer President | OfficerTrustee | 15 | $0 |
Sara Ingle Past President | OfficerTrustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,733 |
| All other contributions, gifts, grants, and similar amounts not included above | $209,551 |
| Noncash contributions included in lines 1a–1f | $48,229 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $229,284 |
| Total Program Service Revenue | $0 |
| Investment income | $649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $106 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $230,039 |
| 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 | $45,230 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $369 |
| Other employee benefits | $5,012 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,298 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,532 |
| Office expenses | $3,640 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,733 |
| 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 | $2,105 |
| All other expenses | $6,696 |
| Total functional expenses | $267,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,971 |
| Savings and temporary cash investments | $77,927 |
| Pledges and grants receivable | $6,000 |
| 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 | $172,771 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $352,669 |
| Accounts payable and accrued expenses | $6,267 |
| 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 | $6,267 |
| Net assets without donor restrictions | $289,823 |
| Net assets with donor restrictions | $56,579 |
| 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 | $352,669 |