Interfaith Works
- Assets
- $7.1m
- Revenue
- $3.8m
- Investments
- $670.6k
- Employees
- 102
- Location
- Olympia, WA
- Founding
- 03/1974
- Data as of
- 12/2022
- EIN
- 91-0947698
Organization Overview
Interfaith Works is located in Olympia, WA. The organization was established in 1974. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Interfaith Works employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interfaith Works 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, Interfaith Works generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.4% each year . All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 28.6% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL JUSTICE AND PEACE THROUGH INTERFAITH UNDERSTANDING AND COOPERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMELESS SERVICES - SHELTERTHE IW SHELTER PROVIDES 58 VULNERABILITY-BASED, LOW BARRIER SHELTER BEDS (EQUALING OVER 21,000 BED-NIGHTS ANNUALLY). ALL GENDERS ARE WELCOME, COUPLES STAY TOGETHER WHENEVER POSSIBLE, SERVICE ANIMALS AND COMPANION PETS ARE ALLOWED, SOBRIETY IS NOT REQUIRED, NO ID REQUIRED FOR ENTRY, AND ONLY SERVES INDIVIDUALS OVER 18. WE PRIORITIZE SINGLE ADULTS, AND COUPLES WITHOUT DEPENDENT CHILDREN WHO ARE LIVING WITH SERIOUS, PERSISTENT CHALLENGES RELATED TO PHYSICAL, MENTAL AND SUBSTANCE USE RELATED HEALTH ISSUES.
THE NAVIGATION TEAM IS MADE UP OF CERTIFIED PEER SUPPORT WORKERS AND PROVIDES A CONTINUUM OF SERVICES FROM OUTREACH AND ADVOCACY TO DEDICATED RESPITE BEDS FOR PEOPLE WHO ARE HOMELESS AND EXITING THE HOSPITAL. THE NAVIGATION TEAM PROVIDES STRENGTH BASED SERVICE CONNECTION IN REGARDS TO SHORT TERM EMERGENT NEEDS LIKE SUPPLY DISTRIBUTION AND VITAL DOCUMENT REPLACEMENT, MEDICAL NEEDS, MENTAL HEALTH SUPPORT, SUBSTANCE USE TREATMENT CONNECTION, AND PLACEMENT INTO SHELTERS AND PERMANENT HOUSING. THE NAVIGATION TEAM PROGRAM MODEL IS PARTICIPATORY, GOAL-ORIENTED AND OPEN TO PEOPLE IN OUR SHELTER, OR WHO ARE LIVING OUT IN THE STREETS OR IN WOODED AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Cherry Past President 22-23 | OfficerTrustee | 2.5 | $0 |
Lisa Gosiaco President 22-23 | OfficerTrustee | 2.5 | $0 |
Nancy Eastham Treasurer 22-23 | OfficerTrustee | 2.5 | $0 |
Mary Wharton Secretary 22-23 | OfficerTrustee | 2.5 | $0 |
Carolyn Cox Vice President 22-23 | OfficerTrustee | 2.5 | $0 |
Brianne Adams Director 22-23 | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $30,636 |
| Related organizations | $0 |
| Government grants | $2,543,622 |
| All other contributions, gifts, grants, and similar amounts not included above | $716,663 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,290,921 |
| Total Program Service Revenue | $548,539 |
| Investment income | $1,297 |
| 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 | $3,840,757 |
| 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 | $2,072,426 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $211,241 |
| Payroll taxes | $186,675 |
| 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 | $166,906 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $139,337 |
| 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 | $88,994 |
| Insurance | $29,717 |
| All other expenses | $0 |
| Total functional expenses | $3,280,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $386,513 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $607,206 |
| Accounts receivable, net | $284 |
| 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 | $33,001 |
| Net Land, buildings, and equipment | $5,376,229 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $670,574 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,524 |
| Total assets | $7,075,331 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,300,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $168,183 |
| Total liabilities | $3,468,183 |
| Net assets without donor restrictions | $3,532,148 |
| Net assets with donor restrictions | $75,000 |
| 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 | $7,075,331 |