Grimes Storehouse Inc
- Assets
- $356.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grimes, IA
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 83-4385459
Organization Overview
Grimes Storehouse Inc is located in Grimes, IA. The organization was established in 2019. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grimes Storehouse 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 12/2022, Grimes Storehouse Inc generated $127.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $51.0k during the year ending 12/2022. While expenses have increased by 10.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE STOREHOUSE IS NOT THE WORK OF ONE GROUP BUT A COLLABORATION BETWEEN MANY CHURCHES, BUSINESSES, ORGANIZATIONS, AND INDIVIDUALS OPEN TO FAITH-BASED PARTNERSHIPS. AS A CHRISTIAN, FAITH-BASED PANTRY WE BELIEVE EVERY PERSON WE SERVE IS CREATED AND LOVED BY GOD. IT IS OUR GOAL TO PROVIDE RESOURCES FOR THOSE LIVING WITH FOOD INSECURITY IN A WAY THAT AFFIRMS THEIR DIGNITY AND WORTH SO THAT THOSE WHO ARE FOOD INSECURE WILL COME TO THE STOREHOUSE FOR THEIR PHYSICAL NEED AND LEAVE EMPOWERED, BOTH PHYSICALLY AND SPIRITUALLY, TO LIVE ABUNDANTLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Kreis Chairman | 0 | $0 | |
Jen Harrington Executive Director | 0 | $0 | |
Lu Anne Gafford Secretary | 0 | $0 | |
Jeremy Kane Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,314 |
| 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 | $127,314 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $21,112 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,866 |
| Total expenses | $50,978 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $356,882 |
| Other assets | $0 |
| Total assets | $356,882 |
| Total liabilities | $0 |
| Net assets or fund balances | $356,882 |