Smith-Barbieri Progressive Fund A Charitable Foundation is located in Spokane, WA. The organization was established in 1998. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smith-Barbieri Progressive Fund A Charitable 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 12/2022, Smith-Barbieri Progressive Fund A Charitable Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 14.6% per year over the past 8 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.
Since 2015, Smith-Barbieri Progressive Fund A Charitable Foundation has awarded 270 individual grants totaling $5,098,411. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HELP ENSURE THOSE IN NEED HAVE EVERY OPPORTUNITY TO SUCCEED BY REDUCING POVERTY, BROADENING AFFORDABLE HOUSING, FOSTERING A MORE DYNAMIC AND POWERFUL CONSTITUENCY AND SPOTLIGHTING OUR REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS UNDER $5,000 USED FOR VARIOUS CHARITABLE PURPOSES.
GRANTS OVER $5,000 USED FOR VARIOUS CHARITABLE PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donald K Barbieri Trustee | 1 | $0 | |
Sharon K Smith Trustee | 1 | $0 | |
Lerria Schuh Executive Director | 40 | $93,950 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $85,937 |
Interest on Savings | $10,974 |
Dividends & Interest | $102,409 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $933,743 |
Capital Gain Net Income | $933,743 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,133,063 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $93,950 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $9,880 |
Interest | $0 |
Taxes | $11,587 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $173,217 |
Total operating and administrative expenses | $288,781 |
Contributions, gifts, grants paid | $1,132,259 |
Total expenses and disbursements | $1,421,040 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $361,663 |
Savings and temporary cash investments | $0 |
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 | $65,071 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $227,362 |
Net Land, buildings, and equipment | $0 |
Other assets | $21,244 |
Total assets | $7,278,771 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Over the last fiscal year, Smith-Barbieri Progressive Fund A Charitable Foundation has awarded $1,132,259 in support to 70 organizations.
Grant Recipient | Amount |
---|---|
TRANSITIONS PURPOSE: HELP HOMESLESS WOMEN WITH CHILDREN TRANSITIONS OUT OF POVERTY | $25,250 |
SPOKANE EDIBLE TREE PROJECT PURPOSE: COMMUNITY ENRICHMENT | $5,000 |
SANDPOINT AREA SENIORS PURPOSE: COMMUNITY ENRICHMENT | $7,500 |
NAMI SPOKANE PURPOSE: COMMUNITY ENRICHMENT | $12,000 |
NAACP PURPOSE: COMMUNITY ENRICHMENT | $5,000 |
IMPANDA PURPOSE: COMMUNITY ENRICHMENT | $35,000 |