Solid Rock Foundation
- Assets
- $4.4m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 9
- Location
- Phoenix, AZ
- Founding
- 08/1996
- Data as of
- 06/2021
- EIN
- 86-0808609
Organization Overview
Solid Rock Foundation is located in Phoenix, AZ. The organization was established in 1996. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2021, Solid Rock Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solid Rock 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 06/2021, Solid Rock Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $850.0k during the year ending 06/2021. While expenses have increased by 9.7% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A TEEN CENTER WITH MUSIC, DANCE, ART, AND OTHER PROGRAMS ORIENTED TO CHRISTIAN MINISTRY. CENTER IS IN PHOENIX AZ.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE THE TEEN CENTER IN PHOENIX WITH MUSIC AND DANCE PROGRAMS, AFTERSCHOOL TUTORING, WITH AN EMPHASIS ON CHRISTIAN MINISTRY FOR THE YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Moore Executive Director | 40 | $109,000 | |
David R Baldwin President | OfficerTrustee | 2 | $0 |
Dr Randy Widmaier Secretary | OfficerTrustee | 2 | $0 |
Robert Korljan Treasurer | OfficerTrustee | 2 | $0 |
Alice Cooper Director | Trustee | 2 | $0 |
Cindy Gombert Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $272,134 |
| Related organizations | $0 |
| Government grants | $60,490 |
| All other contributions, gifts, grants, and similar amounts not included above | $818,271 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,150,895 |
| Total Program Service Revenue | $0 |
| Investment income | $15,335 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,425 |
| Net Income from Fundraising Events | $246,802 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,476,071 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $150 |
| 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. | $109,000 |
| Compensation of current officers, directors, key employees. | $32,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $305,062 |
| Pension plan accruals and contributions | $14,166 |
| Other employee benefits | $200 |
| Payroll taxes | $31,777 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,562 |
| 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 | $4,776 |
| Advertising and promotion | $0 |
| Office expenses | $10,137 |
| Information technology | $4,028 |
| Royalties | $0 |
| Occupancy | $110,722 |
| 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 | $107,344 |
| Insurance | $29,219 |
| All other expenses | $8,687 |
| Total functional expenses | $849,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $386,219 |
| Savings and temporary cash investments | $2,633,704 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $999,729 |
| Investments—publicly traded securities | $367,033 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,250 |
| Total assets | $4,392,935 |
| Accounts payable and accrued expenses | $27,264 |
| 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 | $76,250 |
| Total liabilities | $103,514 |
| Net assets without donor restrictions | $0 |
| 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 | $4,289,421 |
| Total liabilities and net assets/fund balances | $4,392,935 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Solid Rock Foundation has recieved totaling $283,020.
| Awarding Organization | Amount |
|---|---|
American Gift Fund Wilmington, DE PURPOSE: OPERATIONS | $200,000 |
The Lionel Foundation Las Vegas, NV PURPOSE: MAKING AN EVERLASTING DIFFERENCE IN THE LIFE OF A TEEN ONE KID AT A TIME. | $20,000 |
Law Rocks Inc El Segundo, CA PURPOSE: GENERAL SUPPORT | $15,520 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $15,500 |
Fiesta Events Inc Scottsdale, AZ PURPOSE: 2021 FIESTA BOWL GENERAL SUPPORT GRANT | $10,000 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
His Ideas Inc Red Bluff, CA | $4,012,270 | $10,619,413 |
Alameda County Deputy Sheriffs Activities League San Leandro, CA | $5,758,559 | $8,512,635 |
The Life Link Santa Fe, NM | $3,097,508 | $7,396,927 |
North Marin Community Services Novato, CA | $8,065,610 | $7,031,738 |
Heart Of Los Angeles Youth Inc Los Angeles, CA | $22,652,659 | $4,560,151 |
Year One Inc Denver, CO | $3,272,334 | $5,406,313 |
Rancho Cielo Inc Salinas, CA | $19,174,613 | $4,214,559 |
Stanislaus County Police Activities League Modesto, CA | $2,010,301 | $3,159,378 |
Booker T Washington Community Service Center San Francisco, CA | $15,043,633 | $4,645,054 |
Waking The Village Sacramento, CA | $1,942,838 | $3,628,235 |
Community Youth Center Concord, CA | $50,356,085 | $2,729,758 |
East Oakland Youth Development Center Oakland, CA | $9,784,340 | $4,617,227 |