Faithworks Of The Inner City Inc is located in Oklahoma City, OK. The organization was established in 2003. 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 12/2021, Faithworks Of The Inner City Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faithworks Of The Inner City 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, Faithworks Of The Inner City Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 4.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPREADING THE GOSPEL OF JESUS CHRIST TO INNER CITY CHILDREN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPREADING THE GOSPEL OF JESUS CHRIST TO INNER CITY CHILDREN AND THEIR FAMILIES AND TO OFFER MINISTRY OPPORTUNITIES.
ESTABLISHED AND OPERATED A CLASS FOR MOTHERS AND THREE YEAR OLDS TO GET THEM READY FOR SCHOOL AS FOUR YEAR OLDS.
CREATED A THRIFT STORE TO PROVIDE TRAINING IN DISTRIBUTIVE TRADES FOR STUDENTS INVOLVED IN PROGRAM ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sally Goin Exeutive Director | Officer | 40 | $56,668 |
Jay Risner President | OfficerTrustee | 1 | $0 |
Terri Bowles Director | Trustee | 1 | $0 |
Susan Stussi Secretary | Trustee | 1 | $0 |
Gonzalo Vasquez Director | Trustee | 1 | $0 |
Gary Courtney Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $70,723 |
Related organizations | $0 |
Government grants | $3,042 |
All other contributions, gifts, grants, and similar amounts not included above | $1,642,876 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,716,641 |
Total Program Service Revenue | $149,928 |
Investment income | $1,703 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $9,600 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,885,777 |
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. | $56,668 |
Compensation of current officers, directors, key employees. | $22,667 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $326,296 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $44,987 |
Payroll taxes | $29,301 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,132 |
Fees for services: Accounting | $1,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $116,608 |
Advertising and promotion | $0 |
Office expenses | $22,486 |
Information technology | $7,827 |
Royalties | $0 |
Occupancy | $156,339 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,430 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $35,694 |
Insurance | $11,264 |
All other expenses | $54,045 |
Total functional expenses | $1,262,722 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $314,323 |
Savings and temporary cash investments | $724,133 |
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 | $2,879,714 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,569 |
Total assets | $3,919,739 |
Accounts payable and accrued expenses | $1,075 |
Grants payable | $0 |
Deferred revenue | $4,607 |
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 | $5,682 |
Net assets without donor restrictions | $0 |
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 | $3,914,057 |
Total liabilities and net assets/fund balances | $3,919,739 |
Over the last fiscal year, we have identified 5 grants that Faithworks Of The Inner City Inc has recieved totaling $421,163.
Awarding Organization | Amount |
---|---|
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $410,000 |
Wolf Mountain Foundation Brighton, CO PURPOSE: TO CARRY OUT THE ORGANIZATIONS EXEMPT PURPOSES | $8,000 |
Bowen Foundation Oklahoma City, OK PURPOSE: CHARITABLE | $2,000 |
Sterling Family Foundation Yukon, OK PURPOSE: CHARITABLE DONATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $163 |
Organization Name | Assets | Revenue |
---|---|---|
The Citizens Foundation Usa Houston, TX | $7,765,514 | $19,916,524 |
Morgans Wonderland Inclusion Foundation San Antonio, TX | $24,438,940 | $21,840,113 |
Furniture Bank Houston, TX | $4,044,380 | $6,546,446 |
Scanlan Foundation Houston, TX | $209,874,637 | $6,584,694 |
Kathleen S Craft Foundation Tulsa, OK | $94,596,287 | $6,487,856 |
White Cake Family Foundation Dallas, TX | $42,767,869 | $3,380,103 |
Charitable Properties Inc Mesquite, TX | $0 | $4,302,892 |
Bp Foundation Inc Houston, TX | $4,050,119 | $6,036,214 |
Soonae Foundation Burnet, TX | $2,322,115 | $4,666,451 |
Joy To The World Foundation Colorado Springs, CO | $19,682,188 | $4,242,361 |
Lux Family Foundation St Louis, MO | $0 | $335,497 |
Green Beret Foundation San Antonio, TX | $4,813,026 | $3,422,970 |