Developing Successful People Foundation
- Assets
- $400.7k
- Revenue
- $346.6k
- Investments
- $134.8k
- Employees
- 0
- Location
- Mount Vernon, WA
- Founding
- Data as of
- 12/2023
- EIN
- 85-4375930
Organization Overview
Developing Successful People Foundation is located in Mount Vernon, WA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Developing Successful People 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 12/2023, Developing Successful People Foundation generated $346.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $359.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Developing Successful People Foundation has awarded 34 individual grants totaling $426,219. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO WYCLIFFE BIBLE TRANSLATORS FOR MISSIONARY SALARIES.
MONMOUTH CHRISTIAN CHURCH FOR WATERDROP PROJECT
WELLHOUSE CHURCH FOR WELLSPRING SCHOOL
THE GATE YOUTH ASSOCIATION FOR GRANTS AWARDED
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Hunter President | 0 | $120,500 | |
Merry Holland Vice Preside | 0 | $0 | |
Krista Hunter Secretary | 0 | $12,217 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $388 |
| Dividends & Interest | $1,592 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $344,590 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $346,570 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $132,717 |
| Other employee salaries and wages | $14,323 |
| Pension plans, employee benefits | $11,636 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,055 |
| Total operating and administrative expenses | $162,820 |
| Contributions, gifts, grants paid | $197,119 |
| Total expenses and disbursements | $359,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $265,900 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $400,671 |
| Accounts payable and accrued expenses | $1,420 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,420 |
Grants Awarded
Over the last fiscal year, Developing Successful People Foundation has awarded $197,119 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
THE GATE YOUTH ASSOCIATION PURPOSE: GRANT | $6,250 |
WYCLIFFE BIBLE TRANSLATORS PURPOSE: GRANT PAYMENT | $23,250 |
MOMOUTH CHRISTIAN CHURCH PURPOSE: WATERDROP PROJECT | $40,000 |
WELLHOUSE CHURCH PURPOSE: TECHNOLOGY, CURRICULUM, FURNITURE | $10,000 |
EMMANUAL BAPTIST CHURCH PURPOSE: IBCD SUBSCRIPTION ON BIBLICAL CSL | $1,000 |
THE GATE YOUTH ASSOCIATION PURPOSE: GRANT PAYMENT | $6,250 |