Smith-Barbieri Progressive Fund A Charitable Foundation
- Assets
- $7.6m
- Revenue
- $1.1m
- Investments
- $7.0m
- Employees
- 0
- Location
- Spokane, WA
- Founding
- 09/1998
- Data as of
- 12/2021
- EIN
- 91-1914985
Organization Overview
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 12/2021, Smith-Barbieri Progressive Fund A Charitable Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 14.0% per year over the past 7 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 200 individual grants totaling $3,966,152. 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
2021
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lerria Schuh Executive Director | 40 | $92,441 | |
Donald K Barbieri Trustee | 1 | $0 | |
Sharon K Smith Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $454,703 |
| Interest on Savings | $10,318 |
| Dividends & Interest | $123,736 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $533,525 |
| Capital Gain Net Income | $533,525 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,531 |
| Total Revenue | $1,125,813 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $92,441 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,501 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,855 |
| Total operating and administrative expenses | $118,247 |
| Contributions, gifts, grants paid | $1,071,473 |
| Total expenses and disbursements | $1,189,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,858 |
| 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 | $67,945 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $176,287 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $36,781 |
| Total assets | $7,566,798 |
| 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 | $50 |
| Total liabilities | $50 |
Grants Awarded
Over the last fiscal year, Smith-Barbieri Progressive Fund A Charitable Foundation has awarded $1,071,473 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
MISCELLANEOUS PURPOSE: COMMUNITY ENRICHMENT | $346,078 |
FRIENDS OF THE BLACK LENS PURPOSE: COMMUNITY ENRICHMENT | $175,140 |
Spokane, WA PURPOSE: COMMUNITY ENRICHMENT | $50,000 |
COMPASSIONATE ADDICTION TREATMENT PURPOSE: ADDICTION TREATMENT AND SUPPORT | $39,108 |
FLYING FISH PURPOSE: COMMUNITY ENRICHMENT | $34,497 |
BLUE COLLAR FUND PURPOSE: COMMUNITY ENRICHMENT | $30,810 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Smith-Barbieri Progressive Fund A Charitable Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
American Federation Of Labor & Congress Of Industrial Orgs Olympia, WA PURPOSE: sponsorship | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon Coast Community Action Coos Bay, OR | $16,109,030 | $18,585,692 |
Habitat For Humanity Portland Metro East Portland, OR | $35,667,707 | $17,313,274 |
Oregon Affordable Housing Assistance Corporation Salem, OR | $27,410,918 | $14,226,353 |
Habitat For Humanity International Renton, WA | $48,435,558 | $16,565,200 |
Umpqua Community Development Corporation Roseburg, OR | $52,044,965 | $9,776,284 |
Northwest Real Estate Capital Corporation Boise, ID | $42,438,639 | $10,028,848 |
Bienestar Inc Hillsboro, OR | $44,494,101 | $8,073,400 |
Sequoia Mental Health Services Inc Beaverton, OR | $13,233,092 | $9,043,542 |
Habitat For Humanity International Inc Spokane, WA | $8,447,142 | $6,994,226 |
Homestead Community Land Trust Seattle, WA | $27,329,923 | $6,114,332 |
Network For Oregon Affordable Housing Portland, OR | $195,654,493 | $8,548,248 |
Catholic Charities Housing Services Diocese Of Yakima Yakima, WA | $29,693,210 | $6,976,540 |