Folkshop Inc
- Assets
- $128.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Ignatius, MT
- Founding
- 12/1977
- Data as of
- 12/2021
- EIN
- 81-0358555
Organization Overview
Folkshop Inc is located in Saint Ignatius, MT. The organization was established in 1977. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Folkshop 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, Folkshop Inc generated $109.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $87.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO EMPLOY CLIENTS IN A SHELTERED WORKING ENVIRONMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ursula Wiesner Executive Dir. | 40 | $22,066 | |
Debrah White Treasurer | 1 | $0 | |
Linda Merchant Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $109,018 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,324 |
| Professional fees and other payments to independent contractors | $1,495 |
| Occupancy, rent, utilities, and maintenance | $7,550 |
| Printing, publications, postage, and shipping | $82 |
| Other expenses | $23,881 |
| Total expenses | $87,332 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,930 |
| Other assets | $0 |
| Total assets | $128,047 |
| Total liabilities | $1,466 |
| Net assets or fund balances | $126,581 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bh Services Inc Rapid City, SD | $4,646,829 | $8,554,262 |
Community Entry Services Inc Riverton, WY | $8,664,338 | $9,077,617 |
Bsw Inc Butte, MT | $8,072,506 | $5,442,794 |
Development Workshop Inc Idaho Falls, ID | $6,602,659 | $5,175,513 |
Opportunities Unlimited Incorporated Lewiston, ID | $2,787,950 | $5,762,725 |
Eastern Montana Industries Miles City, MT | $5,329,872 | $4,550,080 |
Valiant Living Incorporated Madison, SD | $5,268,037 | $4,876,178 |
Achievements Inc Libby, MT | $3,337,127 | $3,106,255 |
New Horizons Unlimited Incorporated Harlem, MT | $1,133,206 | $579,284 |
Folkshop Inc Saint Ignatius, MT | $128,047 | $0 |