Multiply 417 Inc
- Assets
- $43.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Modesto, CA
- Founding
- Data as of
- 06/2022
- EIN
- 85-3056008
Organization Overview
Multiply 417 Inc is located in Modesto, CA. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multiply 417 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 06/2022, Multiply 417 Inc generated $108.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 56.3% each year . All expenses for the organization totaled $82.3k during the year ending 06/2022. While expenses have increased by 62.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE BIBLICALLY-BASED FUND RAISING AND RESOURCE DEVELOPMENT PRINCIPLES, STRATEGIES, AND TOOLS THROUGH COACHING, MENTORING, AND CONSULTING RELATIONSHIPS WITH CHRISTIAN NONPROFIT LEADERS AND THEIR ORGANIZATIONS HELPING THEM TO CREATE FISCAL STABILITY, EFFECTIVE LONG-TERM GROWTH, AND CHRIST-HONORING PARTNERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Fritzemeir President & CEO | 40 | $45,500 | |
Gary R Fox Vice President | 5 | $0 | |
Bradley S Bills Secretary | 5 | $0 | |
Duncan Reno Treasurer | 5 | $0 | |
Rick Countryman Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,411 |
| Total Program Service Revenue | $56,498 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $486 |
| Total Revenue | $108,396 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,471 |
| Professional fees and other payments to independent contractors | $2,841 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $13 |
| Other expenses | $29,964 |
| Total expenses | $82,289 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,961 |
| Other assets | $0 |
| Total assets | $43,137 |
| Total liabilities | $3,813 |
| Net assets or fund balances | $39,324 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Christianstewardship Irvine, CA | $2,166,053 | $1,632,635 |
Christian Foundation Of The West Inc Westlake Village, CA | $29,861,352 | $8,138,364 |
Shinnyo-En Foundation San Bruno, CA | $28,915,235 | $1,951,028 |
Libitzky Family Foundation San Francisco, CA | $16,385,031 | $1,879,741 |
Episcopal Impact Fund San Francisco, CA | $6,585,359 | $2,213,656 |
Joseph J Storey Charitable Remainder Unitrust Las Vegas, NV | $7,569,430 | $1,397,221 |
Spiritual Care Link Foundation Scottsdale, AZ | $356,325 | $815,410 |
Shedry Dar Foundation Mesa, AZ | $4,092,490 | $2,757,316 |
Global Assistance Partner La Habra, CA | $431,832 | $683,902 |
Catholic Womens Guild Hawaii Kailua, HI | $0 | $290,181 |
Bibles4egypt Placentia, CA | $704,338 | $1,017,728 |
Holy People Mission Irvine, CA | $0 | $547,856 |