Saturate
- Assets
- $57.8k
- Revenue
- $445.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Bellevue, WA
- Founding
- 08/2015
- Data as of
- 12/2023
- EIN
- 47-3197166
Organization Overview
Saturate is located in Bellevue, WA. The organization was established in 2015. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2023, Saturate employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saturate 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, Saturate generated $445.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $475.1k during the year ending 12/2023. While expenses have increased by 8.8% per year over the past 9 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
OUR HOPE IS TO SEE EVERY CHURCH, EVERY PERSON, AND EVERY PLACE SATURATED WITH THE GOSPEL OF JESUS CHRIST IN KEY CITIES AND REGIONS THROUGHOUT NORTH AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE COMMITTED TO: - DEVELOPING STRONG LEADERS - DISCIPLE-MAKING STRATEGIES - SERVING THE CITY - STARTING NEW CHURCHES - CITY-WIDE PRAYER WE DO THIS BY PROVIDING LEADERSHIP DEVELOPMENT, SPIRITUAL DIRECTION, AND EMOTIONAL CARE TO BUSINESS, SOCIAL, AND CHURCH LEADERS SO THEY SURVIVE AND THRIVE FOR THE LONG-HAUL. WE ARE COMMITTED TO EQUIPPING AND MENTORING THE NEXT GENERATION OF LEADERS IN ORDER TO START NEW CHURCHES WITH DISCIPLES OF JESUS COMMITTED TO BLESSING AND TRANSFORMIING CITIES. OUR WEBSITE HAS HUNDREDS OF RESOURCES TO EQUIP INDIVIDUALS AS DISCIPLE- MAKING LEADERS. THE SATURATE PODCAST IS AN ONGOING CONVERSATION WITH DISCIPLES AND LEADERS GROWING IN THE GOSPEL AND GROWING IN LIVING THE IMPLICATIONS OF THE GOSPEL IN COMMUNITY AND ON MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Vanderstelt Executive D | OfficerTrustee | 40 | $168,399 |
Todd Milby Chairman | OfficerTrustee | 4 | $0 |
Robert Tongsavaungh Vice Chair | OfficerTrustee | 2 | $0 |
Shaun Alexander Director | Trustee | 1 | $0 |
Paul Dean Director | Trustee | 1 | $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 | $334,264 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $334,264 |
| Total Program Service Revenue | $94,328 |
| Investment income | $0 |
| 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 | $16,678 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $445,270 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,643 |
| 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. | $210,396 |
| Compensation of current officers, directors, key employees. | $42,079 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $107,885 |
| Pension plan accruals and contributions | $11,942 |
| Other employee benefits | $28,434 |
| Payroll taxes | $11,898 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,662 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,837 |
| Advertising and promotion | $0 |
| Office expenses | $3,479 |
| Information technology | $29,225 |
| Royalties | $5,546 |
| Occupancy | $0 |
| Travel | $14,841 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $578 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $9,775 |
| Total functional expenses | $475,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,880 |
| Savings and temporary cash investments | $0 |
| 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 | $8,882 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $57,762 |
| Accounts payable and accrued expenses | $10,063 |
| 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 | $392 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,455 |
| Net assets without donor restrictions | $47,307 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $57,762 |
Grants Awarded
Over the last fiscal year, Saturate has awarded $61,691 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITIZENS CHURCH PURPOSE: GENERAL SUPPORT | $5,453 |
THE EQUIPPING GROUP PURPOSE: GENERAL SUPPORT | $56,238 |