Fellowship Open Inc
- Assets
- $312.0k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Miwlaukee, WI
- Founding
- 07/2002
- Data as of
- 12/2023
- EIN
- 75-3070195
Organization Overview
Fellowship Open Inc is located in Miwlaukee, WI. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fellowship Open 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, Fellowship Open Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 26.7% 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.
Since 2015, Fellowship Open Inc has awarded 55 individual grants totaling $590,523. 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
MISSION IS SUPPORT OF ORGANIZATIONS THAT IMPROVE LIVES OF MILWAUKEE-AREA LOW INCOME YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FELLOWSHIP OPEN ENCOURAGES YOUTH TO PURSUE AND REALIZE THEIR DREAMS, AND PARTICULARLY TO CONSIDER CAREERS IN BUSINESS. THE ACTIVITIES THAT THE FELLOWSHIP OPEN SUPPORTS AFFECT ALL ASPECTS OF YOUTH DEVELOPMENT, INCLUDING THE ARTS, TECHNOLOGY, JOB SKILLS AND JOB READINESS. EMPHASIS ON TECHNOLOGY IS AN IMPORTANT ASPECT OF THE MISSION OF THE FELLOWSHIP OPEN. ONE OF THE MANY WAYS IN WHICH THE OPEN LEADS YOUNG MEN AND WOMEN TO THE DOORS OF OPPORTUNITY IS THROUGH A SERIES OF MENTORING PROGRAMS. FOR EXAMPLE, WHILE ADULTS PARTICPATE IN THE GOLF OUTING, YOUNG PEOPLE AND BUSINESS AND CIVIC LEADERS MEET TO DISCUSS THE POSSIBILITIES FOR THEIR BRIGHT AND EXCITING FUTURES, INSPIRING THOSE YOUNGSTERS WITH LIVING EXAMPLES AND REALISTIC HOPES OF WHAT THEY CAN ACHIEVE AND PROVIDE INSIGHT REGARDING JOB INTERVIEWING, JOB TRAINING AND EFFECTIVE WAYS TO OPERATE IN A WORK ENVIRONMENT. FELLOWSHIP OPEN SERVICES AS FIDUCIARY AGENT FOR THE MKE FELLOWS.
THE FELLOWSHIP OPEN ENCOURAGES YOUTH TO PURSUE AND REALIZE THEIR DREAMS, AND PARTICULARLY TO CONSIDER CAREERS IN BUSINESS. THE ACTIVITIES THAT THE FELLOWSHIP OPEN SUPPORTS AFFECT ALL ASPECTS OF YOUTH DEVELOPMENT, INCLUDING THE ARTS, TECHNOLOGY, JOB SKILLS AND JOB READINESS. EMPHASIS ON TECHNOLOGY IS AN IMPORTANT ASPECT OF THE MISSION OF THE FELLOWSHIP OPEN. ONE OF THE MANY WAYS IN WHICH THE OPEN LEADS YOUNG MEN AND WOMEN TO THE DOORS OF OPPORTUNITY IS THROUGH A SERIES OF MENTORING PROGRAMS. FOR EXAMPLE, WHILE ADULTS PARTICPATE IN THE GOLF OUTING, YOUNG PEOPLE AND BUSINESS AND CIVIC LEADERS MEET TO DISCUSS THE POSSIBILITIES FOR THEIR BRIGHT AND EXCITING FUTURES, INSPIRING THOSE YOUNGSTERS WITH LIVING EXAMPLES AND REALISTIC HOPES OF WHAT THEY CAN ACHIEVE AND PROVIDE INSIGHT REGARDING JOB INTERVIEWING, JOB TRAINING AND EFFECTIVE WAYS TO OPERATE IN A WORK ENVIRONMENT. FELLOWSHIP OPEN SERVICES AS FIDUCIARY AGENT FOR THE MKE FELLOWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John W Daniels Jr Chairman/director | OfficerTrustee | 0.5 | $0 |
Raegina Hyler Vice Pres/director | OfficerTrustee | 1 | $0 |
Shawn Jones Sec/treas/director | OfficerTrustee | 1 | $0 |
Jason Spencer Director | OfficerTrustee | 1 | $0 |
Darlene Austin Director | OfficerTrustee | 1 | $0 |
John W Daniels III CEO | OfficerTrustee | 30 | $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 | $1,039,871 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,039,871 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,188,692 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $48,152 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $7,043 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $895,533 |
| Advertising and promotion | $0 |
| Office expenses | $103,225 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $55,517 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,382,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,777 |
| Savings and temporary cash investments | $249,227 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,602 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $400 |
| 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 | $312,006 |
| Accounts payable and accrued expenses | $30,319 |
| 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 | $33,197 |
| Total liabilities | $63,516 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $102,699 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $145,791 |
| Total liabilities and net assets/fund balances | $312,006 |
Grants Awarded
Over the last fiscal year, Fellowship Open Inc has awarded $390,887 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ALIVE MKE PURPOSE: Support of youth initatives | $310,567 |
MONCRIEFF GAME CHANGER PURPOSE: Support of Youth Initatives | $20,000 |
MARQUETTE UNIVERSITY PURPOSE: Support of Youth Initiatives | $8,070 |
OLD MT ZION NEW JERUSALEM CHURCH PURPOSE: Support of Youth Initiatives | $26,000 |
MILWAUKEE PUBLIC SCHOOLS FOUNDATION INCORPERATED PURPOSE: Support of Youths Initatives | $13,750 |
DR HOWARD FULLER COLLEGIATE ACADEMY PURPOSE: Support of Youth Initiatives | $12,500 |