Shield 616 Inc
- Assets
- $1.5m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 4
- Location
- Colorado Springs, CO
- Founding
- 11/2015
- Data as of
- 12/2023
- EIN
- 47-4347589
Organization Overview
Shield 616 Inc is located in Colorado Springs, CO. The organization was established in 2015. According to its NTEE Classification (I60) the organization is classified as: Law Enforcement, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, Shield 616 Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shield 616 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 12/2023, Shield 616 Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $2.7m during the year ending 12/2023. While expenses have increased by 28.7% 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.
Since 2018, Shield 616 Inc has awarded 290 individual grants totaling $12,411,182. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SHIELD 616, INC. PROVIDES ALL-DAY RIFLE PROTECTION TO FIRST RESPONDERS NATIONWIDE WHO SACRIFICIALLY SERVE. WE STRIVE TO BRIDGE THE GAP BETWEEN THEM AND THEIR COMMUNITIES THROUGH SUPPORT AND PRAYER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, OUR PARTNERSHIP WITH ANGEL ARMOR ALLOWED US TO CONTINUE FOCUSING ON PROVIDING ALL-DAY RIFLE RATED PROTECTIVE ARMOR. WE WERE ABLE TO PROVIDE 712 COMPLETE SETS OF ARMOR WITH RIFLE PLATES TO POLICE, SHERIFF AND FIRE AGENCIES. ADDITIONALLY, WE PROVIDED 250 SETS OF ALL-DAY RIFLE RATED PLATES, AND 1191 DUTY POUCHES TO FIRST RESPONDERS IN NEED. THANKS TO OUR FUNDRAISING EFFORTS ACROSS THE COUNTRY, OUR PROTECTIVE GEAR IS BEING USED IN 394 AGENCIES, SPANNING 34 STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jake Skifstad President | OfficerTrustee | 40 | $131,000 |
Mary Dyk Board Member | Trustee | 2 | $0 |
Matt Gaw Vice Chair / | Trustee | 2 | $0 |
Ruth Lavigne Board Member | Trustee | 2 | $0 |
Steve Phillips Chair / Bod | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Point Blank Enterprises Product Purchases | 12/30/18 | $1,130,188 |
Angel Armor Product Purchases | 12/30/18 | $184,640 |
North American Rescue Product Purchases | 12/30/18 | $122,041 |
New Horizons Foundation Collections | 12/30/18 | $112,589 |
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 | $2,489,307 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,489,307 |
| Total Program Service Revenue | $0 |
| Investment income | $9,560 |
| 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 | $39,847 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,544,262 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,004,500 |
| 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 | $0 |
| Other salaries and wages | $310,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,616 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,396 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,312 |
| Advertising and promotion | $1,313 |
| Office expenses | $2,311 |
| Information technology | $29,468 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $44,697 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,749 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,408 |
| Insurance | $23,836 |
| All other expenses | $7,567 |
| Total functional expenses | $2,667,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $987,718 |
| 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 | $32,810 |
| Prepaid expenses and deferred charges | $319,233 |
| Net Land, buildings, and equipment | $118,729 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,458,490 |
| Accounts payable and accrued expenses | $1,986 |
| 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 | $59,646 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $61,632 |
| Net assets without donor restrictions | $949,547 |
| Net assets with donor restrictions | $447,311 |
| 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 | $1,458,490 |
Grants Awarded
Over the last fiscal year, Shield 616 Inc has awarded $2,004,500 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
ALAMOSA POLICE DEPARTMENT PURPOSE: SHIELD 616 MISSION | $53,404 |
ARVADA POLICE DEPARTMENT PURPOSE: SHIELD 616 MISSION | $35,455 |
AURORA PD CO PURPOSE: SHIELD 616 MISSION | $7,956 |
BASIN POLICE DEPARTMENT PURPOSE: SHIELD 616 MISSION | $8,116 |
BEAR LAKE COUNTY SHERRIFFS OFFICE PURPOSE: SHIELD 616 MISSION | $20,290 |
BIG HORN COUNTY SHERIFFS OFFICE PURPOSE: SHIELD 616 MISSION | $38,750 |