Edge Mentoring Inc
- Assets
- $312.1k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Indianapolis, IN
- Founding
- 02/2016
- Data as of
- 12/2021
- EIN
- 47-5092582
Organization Overview
Edge Mentoring Inc is located in Indianapolis, IN. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Edge Mentoring Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edge Mentoring 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 12/2021, Edge Mentoring Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $858.3k during the year ending 12/2021. While expenses have increased by 21.6% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDGE MENTORING, INC. IS A FAITH-BASED NONPROFIT ORGANIZATION FOCUSED ON MENTORING FOR MILLENIALS AND YOUNG PROFESSIONALS. EDGE SEEKS TO CREATE INTERGENERATIONAL RELATIONSHIPS BETWEEN SEASONED MENTORS WHO WANT TO INVEST IN THE NEXT GENERATION OF EMERGING LEADERS, AND EMERGING LEADERS WHO ARE HUNGRY TO GROW AND ARE SEEKING WISDOM AND WISE COUNSEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDGE MENTORING, INC. IS EQUIPPING THE NEXT GENERATION OF GODLY LEADERS. EDGE ATTRACTS AND RECRUITS HIGH-CALIBER BUSINESS AND COMMUNITY LEADERS WHO HAVE A VESTED INTEREST IN THE NEXT GENERATION OF EMERGING LEADERS AND YOUNG PROFESSIONALS. EDGE FOSTERS INTER-GENERATIONAL RELATIONSHIPS BETWEEN THESE STAKEHOLDERS BY PAIRING FOUR TO SIX MENTEES WITH A SEASONED MENTOR. EDGE PROVIDES A CURRICULUM FRAMEWORK THAT MATCHES THE NEEDS OF THOSE IN THE PROGRAM. EDGE SEEKS A TRANSFORMATIONAL CULTURE IN THE LIVES OF ITS MENTORS AND MENTEES AND NOT A TRANSACTIONAL EXPERIENCE. EDGE DISTINGUISHES ITSELF BY IDENTIFYING THE RIGHT CHEMISTRY BETWEEN MENTORS AND MENTEES. FOR THIS REASON, EDGE USES AN INTENTIONAL INTERVIEW PROCESS TO PERSONALLY MATCH EVERY PAIR OF INDIVIDUALS IT PLACES. EDGE ALSO USES A CURRICULUM FRAMEWORK THAT PROVIDES AN OPPORTUNITY FOR SEASONED LEADERS TO INVEST IN EQUIPPING THE NEXT GENERATION OF LEADERS. EDGE PROVIDES THE ABILITY TO AFFECT POSITIVE CHANGE IN FAMILIES, COMPANIES, AND COMMUNITIES. EDGE IS SHARPENING THE IMPACT AND INFLUENCE OF EMERGING LEADERS PERSONALLY, PROFESSIONALLY, AND SPIRITUALLY THROUGH MEANINGFUL MENTORING RELATIONSHIPS. STARTING IN CENTRAL INDIANA, EDGE HAS GROWN TO INCLUDE MENTORS AND MENTEES IN 35 DIFFERENT STATES AROUND THE UNITED STATES. BEGINNING IN 2018, EDGE LAUNCHED SEVERAL NEW OFFERINGS IN THE FORM OF GUEST MENTORS AND EDGE AT WORK GROUPS. GUEST MENTORS IS A WAY FOR LEADERS TO ENGAGE WITH EDGE FOR A 3-4 HOUR/QUARTER COMMITMENT. EDGE AT WORK IS A WAY TO BRING THE EDGE MODEL INSIDE AN INDIVIDUAL COMPANY FOR WHOLE-LIFE MENTORING TO TAKE PLACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Richardson President & | OfficerTrustee | 40 | $160,000 |
Trevor Dewitt Strategic Op | 40 | $113,404 | |
Marcus Hall Secretary | OfficerTrustee | 1 | $0 |
Thomas Bratton Exec Committ | OfficerTrustee | 1 | $0 |
Jackie Morales Exec Committ | OfficerTrustee | 1 | $0 |
Micah Vincent Exec Committ | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $910,000 |
| Related organizations | $0 |
| Government grants | $99,618 |
| All other contributions, gifts, grants, and similar amounts not included above | $424,807 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,434,425 |
| Total Program Service Revenue | $111,594 |
| 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 | -$390,372 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,155,647 |
| 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. | $160,000 |
| Compensation of current officers, directors, key employees. | $48,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $407,055 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,705 |
| Payroll taxes | $45,994 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $368 |
| Fees for services: Accounting | $5,723 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,530 |
| Advertising and promotion | $0 |
| Office expenses | $44,803 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,162 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,253 |
| Interest | $1,204 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,410 |
| All other expenses | $12,282 |
| Total functional expenses | $858,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,120 |
| 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 | $0 |
| 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 | $312,120 |
| Accounts payable and accrued expenses | $0 |
| 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 | $7,663 |
| Total liabilities | $7,663 |
| Net assets without donor restrictions | $304,457 |
| 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 | $312,120 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Edge Mentoring Inc has recieved totaling $218,050.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $167,750 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $25,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $15,300 |
Reese Family Foundation For Christ Inc Carmel, IN PURPOSE: GENERAL SUPPORT | $5,000 |
Organization Name not Listed PURPOSE: GENERAL USE | | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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Answers In Genesis Inc Petersburg, KY | $94,175,549 | $47,216,237 |
Ministry Health Care Inc St Louis, MO | $291,511,056 | $25,156,032 |
Good News Publishers Wheaton, IL | $44,141,237 | $30,597,185 |
Awana Clubs International St Charles, IL | $16,214,341 | $23,700,094 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Bill Winston Ministries Forest Park, IL | $6,676,875 | $15,498,938 |
Breakthrough Urban Ministries Inc Chicago, IL | $9,536,563 | $12,933,979 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Christian Buehler Memorial Peoria, IL | $194,168,877 | $24,390,628 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Resourcing Christian Education International Nfp Wheaton, IL | $4,529,324 | $9,552,178 |