Coffeehouse Ten24 Inc
- Assets
- $72.6k
- Revenue
- $540.0k
- Investments
- $0.0
- Employees
- 33
- Location
- Eaton, CO
- Founding
- 12/2019
- Data as of
- 04/2022
- EIN
- 83-2133613
Organization Overview
Coffeehouse Ten24 Inc, operating under the name Ten24 Ministries Inc, is located in Eaton, CO. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 04/2022, Ten24 Ministries Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ten24 Ministries 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 04/2022, Ten24 Ministries Inc generated $540.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $553.4k during the year ending 04/2022. While expenses have increased by 18.3% per year over the past 3 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SPREAD THE LOVE OF CHRIST WITHIN THE COMMUNITY, TO SUPPORT SINGLE PARENTS AS WELL AS VICTIMS AND SURVIVORS OF TRAFFICKING AND TO EDUCATE THE COMMUNITY ABOUT THESE ISSUES.
Describe the Organization's Program Activity:
TO REACH PEOPLE FOR CHRIST WITHIN A SUPPORTIVE VENUE - SOLD PRODUCTS CRAFTED BY VICTIMS OF TRAFFICKING, PROVIDED VENUE FOR LOCAL CHRISTIAN ARTISTS TO SHOWCASE THEIR WORK, SPONSORED SURVIVORS JOBS PROGRAM, SPONSORED DIVORCE CARE WORKSHOP, SPONSORED SINGLE MOMS GROUP, PROVIDED VICTIM SUPPORT THROUGH COMMUNITY ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Shippey Manager | Trustee | 40 | $24,000 |
Doris Meeker Chairman | OfficerTrustee | 40 | $16,615 |
Kimberly Karlberg Treasurer | OfficerTrustee | 40 | $0 |
Vicki Dixon Secretary | OfficerTrustee | 40 | $0 |
Colette Macfarlane Manager | Trustee | 6 | $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 | $35,302 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,302 |
| Total Program Service Revenue | $504,377 |
| Investment income | $336 |
| 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 | $540,015 |
| 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 | $40,616 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,542 |
| Payroll taxes | $19,002 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,187 |
| Advertising and promotion | $15,494 |
| Office expenses | $21,294 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,476 |
| Travel | $0 |
| 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 | $10,611 |
| Insurance | $5,733 |
| All other expenses | $390,432 |
| Total functional expenses | $553,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,865 |
| Savings and temporary cash investments | $0 |
| 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 | $2,921 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $60,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,796 |
| Total assets | $72,582 |
| Accounts payable and accrued expenses | $860 |
| 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 | $16,310 |
| Total liabilities | $17,170 |
| Net assets without donor restrictions | $55,412 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $72,582 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Coffeehouse Ten24 Inc has recieved totaling $13,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $6,500 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Zero Zero One Inc Wichita, KS | $296,480,303 | $56,363,793 |
Teammates For Kids Foundation Denver, CO | $83,190,071 | $4,700,598 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
No Stone Unturned Foundation Manhattan, KS | $1,585,423 | $2,930,431 |
Advantage Services Inc Salt Lake City, UT | $843,736 | $2,788,376 |
Indygive Colorado Springs, CO | $121,334 | $1,846,981 |
Optometry Giving Sight Golden, CO | $2,784,890 | $1,767,795 |
David S And Norma R Lewis Foundation Tucson, AZ | $3,952,273 | $380,765 |
Colorado Open Golf Foundation Denver, CO | $3,987,949 | $1,603,447 |
Hays Medical Center Foundation Hays, KS | $31,885,927 | $2,730,676 |
Ok Foundation Salt Lake City, UT | $4,818,165 | $645,498 |
Isa Foundation Gilbert, AZ | $705,543 | $701,098 |