Pillars Of Promise Foundation
- Assets
- $109.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wdm, IA
- Founding
- Data as of
- 12/2022
- EIN
- 82-2570324
Organization Overview
Pillars Of Promise Foundation is located in Wdm, IA. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Pillars Of Promise Foundation 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, Pillars Of Promise Foundation generated $175.0k in total revenue. All expenses for the organization totaled $100.1k during the year ending 12/2022. While expenses have increased by 305.0% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Michael Hurst Executive Dir / Pastor | 40 | $31,520 | |
Dave Schwartz Secretary | 3 | $0 | |
Rob Best Vice President | 10 | $0 | |
Chris Gunnare Treasurer | 8 | $0 | |
Dick White President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $175,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,600 |
| Professional fees and other payments to independent contractors | $4,183 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,000 |
| Total expenses | $100,098 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,005 |
| Other assets | $0 |
| Total assets | $109,005 |
| Total liabilities | $0 |
| Net assets or fund balances | $109,005 |
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