Meaning In Colors is located in Grand Rapids, MI. The organization was established in 2017. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meaning In Colors 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 12/2022, Meaning In Colors generated $159.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.3% each year . All expenses for the organization totaled $149.2k during the year ending 12/2022. While expenses have increased by 58.3% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE HAVE ASSISTED OVER FIFTY FAMILIES WITH TRANSITIONING INTO STABLE HOUSING WE ALSO HAVE PROVIDED NUMEROUS FINANCIAL CLASSES TO ALSO ASSIST WITH SUSTAINABILITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Iryonna Hogan Ceofounder | 30 | $23,825 | |
Toine Mallett President | 10 | $0 | |
Stephanie Bluemenau Secretary | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $90,487 |
Total Program Service Revenue | $68,685 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $159,172 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $23,825 |
Professional fees and other payments to independent contractors | $15,094 |
Occupancy, rent, utilities, and maintenance | $77,065 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $33,188 |
Total expenses | $149,172 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,000 |
Other assets | $0 |
Total assets | $10,000 |
Total liabilities | $0 |
Net assets or fund balances | $10,000 |