Isaacs Room, operating under the name Ike Media, is located in Salem, OR. The organization was established in 1999. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Ike Media employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ike Media 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, Ike Media generated $682.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $453.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 years. 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
ISAAC'S ROOM EXISTS TO HELP DIVESTED YOUNG PEOPLE BUILD THE CAPACITY TO RISE TO THE CHALLENGES OF LIFE. WE PROVIDE EXPERIENCES THAT BUILD CHARACTER, CONFIDENCE, AND SKILLS AND A COMMUNITY OF PEOPLE WHO SUPPORT THE QUEST TO BE THE HERO OF YOUR STORY AND A CONTRIBUTOR IN SOCIETY. WE FOCUS ON BUILDING CRITICAL WORK SKILLS IN A TEAM CONCEPT THROUGH A WORKING INTERNSHIP AT THE IKE BOX COFFEE SHOP, THE FAMILY BUSINESS OF ISAAC'S ROOM. WE ALSO PROVIDE ONE-ON-ONE MENTORSHIP, HOUSING OPTIONS, PERSONAL WELLNESS TRAINING, FINANCIAL LITERACY, AND ENRICHMENT IN SUPPORT OF THE WORKFORCE TRAINING. DIVESTED MEANS POWERLESS. IN THE LIFE OF A DIVESTED YOUNG PERSON, IT REFERS TO THE STATE OF BEING POWERLESS TO FACE THE CHALLENGES OF LIFE WITH ANY CONFIDENCE OR EFFECTIVENESS. YOUTH CAN BE DIVESTED BY EXTERNAL FACTORS: FOSTER CARE, DISRUPTED EDUCATION, POVERTY, ADDICTION, INCARCERATION OR AS A CONSEQUENCE OF THEIR OWN DESTRUCTIVE CHOICES. EITHER WAY, THESE ARE THE KIDS WHO, ON THEIR CURRENT TRAJECTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IKE BOX IS THE OUTPOST OF ISAAC'S ROOM IN DOWNTOWN SALEM . IT IS A SPACIOUS COFFEE HOUSE IN A DELIGHTFULLY QUIRKY 100 YEAR OLD BUILDING. IT IS BEAUTIFUL BUT NOT TOO FANCY, A PERFECT SYMBOL OF TRANSFORMATION HOW A PLACE (OR A PERSON) CONSIDERED BEYOND HELP AND HOPE CAN BE RESTORED AND BECOME A GEM IN THE COMMUNITY. THE IKE BOX SERVES THE MISSION STRATEGICALLY AS A SOCIAL ENTERPRISE. A BUSINESS THAT YIELDS BOTH A FINANCIAL AND A SOCIAL BENEFIT. IT'S THE FAMILY BUSINESS OF ISAAC'S ROOM: PROVIDING OPPORTUNITY FOR THE YOUTH TO WORK, LEARN NEW SKILLS, AND INTERACT WITH THE GREATER COMMUNITY, WHILE ALSO PROVIDING A LEVEL OF SELF-FUNDING THAT STRENGTHENS THE ORGANIZATION.
ISAAC'S ROOM SERVES DIVESTED YOUTH, ESPECIALLY LOW-INCOME, FOSTER YOUTH, YOUTH INVOLVED IN THE JUVENILE JUSTICE SYSTEM AND YOUTH DISENGAGED FROM THE EDUCATIONAL SYSTEM. YOUTH IN THESE ENVIRONMENTS ARE A GROWING BURDEN ON SOCIAL SYSTEMS AND REMAIN AN UNTAPPED COMMUNITY RESOURCE. THEY ARE "DIVESTED" BEING POWERLESS TO FACE THE CHALLENGES OF LIFE WITH ANY CONFIDENCE OR EFFECTIVENESS. WHETHER VICTIMS OF UNFORTUNATE CIRCUMSTANCES, OR SUFFERING CONSEQUENCES OF THEIR OWN DESTRUCTIVE CHOICES, THEY ARE ON A TRAJECTORY TO HIT ADULTHOOD UNEMPLOYABLE AND PRONE TO FAIL, AT AN ENORMOUS COST TO SOCIETY. THEY ALSO HAVE NAMES AND STORIES AND FACES THAT STILL FLASH GLIMPSES OF BURIED HOPES AND DREAMS. THEY ARE CHILDREN IN ADULT BODIES WHO LOOK TOUGH ON THE OUTSIDE, BUT INSIDE ARE AFRAID ABOUT THEIR FUTURE. ISAAC'S ROOM IS DETERMINED TO INSPIRE THEM TO INVEST IN DEVELOPMENTAL RELATIONSHIPS, CHALLENGING OPPORTUNITIES, AND ACTIVITIES THAT BUILD SKILLS AND CONFIDENCE TO CREATE A FUTURE WORTHY OF THEIR DREAMS.
IKE QUEST IS A PROGRAM OF ISAAC'S ROOM THAT OFFERS THESE EXACT OPPORTUNITIES TO DIVESTED YOUTH AND HAS PROVEN TO BE EFFECTIVE AT ENGAGING THEM IN THE QUEST TO "MAKE (LIFE) BETTER, TO TRANSFORM THEIR THINKING, THEIR HABITS, AND THEREBY THE TRAJECTORY OF THEIR LIVES. IKE QUEST IS BUILT ON A STRENGTH-BASED PHILOSOPHY OF BUILDING CAPACITY RATHER THAN FIXING PROBLEMS. PROBLEMS LOOK SMALLER WITH THE CONFIDENCE OF UNCONDITIONAL LOVE AND THE MOTIVATION OF A NOBLE PURPOSE. THESE KIDS NEED SHOES AND SKILLS, FOOD AND FORTITUDE BUT MORE THAN THAT, THEY NEED THE CAPACITY TO GO GET THESE THINGS FOR THEMSELVES. SO, IKE QUEST EMPLOYS PROVEN BEST PRACTICES AND HELPS YOUTH GO FROM LIABILITY TO ASSET IN THEIR COMMUNITY. YOUTH ARE GETTING OFF PROBATION AND THE COURT ROSTERS, EXPANDING SOBRIETY AND WELLNESS, REENGAGING AND FINISHING SCHOOL, GETTING JOBS, AND BECOMING CONTRIBUTORS IN COMMERCE AND CULTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Bulgin Executive Di | OfficerTrustee | 40 | $75,369 |
Amanda Terpening Secretary | Trustee | $0 | |
Jennifer Martin President | Trustee | $0 | |
Albert Castaneda Director | Trustee | $0 | |
Ryan Gelbrich Director | Trustee | $0 | |
Sam S Killern Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $264,980 |
All other contributions, gifts, grants, and similar amounts not included above | $178,110 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $443,090 |
Total Program Service Revenue | $214,521 |
Investment income | $2,699 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$12,065 |
Net Gain/Loss on Asset Sales | -$6,118 |
Net Income from Fundraising Events | $69,037 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$28,339 |
Miscellaneous Revenue | $0 |
Total Revenue | $682,825 |
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. | $75,369 |
Compensation of current officers, directors, key employees. | $75,369 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $178,133 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,495 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $665 |
Advertising and promotion | $5,036 |
Office expenses | $1,694 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,010 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $36,070 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $75,407 |
Insurance | $13,870 |
All other expenses | $14,309 |
Total functional expenses | $453,489 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $160,498 |
Savings and temporary cash investments | $390,262 |
Pledges and grants receivable | $0 |
Accounts receivable, net | -$2,323 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,060 |
Inventories for sale or use | $16,096 |
Prepaid expenses and deferred charges | $20,844 |
Net Land, buildings, and equipment | $2,003,422 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $132,095 |
Total assets | $2,721,954 |
Accounts payable and accrued expenses | $69,016 |
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 | $840,454 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $12,969 |
Total liabilities | $922,439 |
Net assets without donor restrictions | $1,799,515 |
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 | $0 |
Total liabilities and net assets/fund balances | $2,721,954 |
Over the last fiscal year, we have identified 2 grants that Isaacs Room has recieved totaling $14,500.
Awarding Organization | Amount |
---|---|
Richard And Barbara Marx Foundation Rickreall, OR PURPOSE: TO PROVIDE SUPPORT TO YOUTH | $12,500 |
The Brandaw Family Foundation Wilmington, DE PURPOSE: CHARITABLE EVENT | $2,000 |
Organization Name | Assets | Revenue |
---|---|---|
Friends Of The Children - National Office Portland, OR | $36,919,587 | $29,716,709 |
Moxie Foundation San Diego, CA | $0 | $190,347 |
Friends Of The Children-Portland Portland, OR | $7,514,671 | $8,796,476 |
Friends Of The Children Seattle Seattle, WA | $2,295,833 | $3,716,808 |
Coachart Org Los Angeles, CA | $1,911,387 | $2,686,018 |
First Graduate San Francisco, CA | $1,974,240 | $2,044,310 |
Escondido Education Compact Escondido, CA | $478,925 | $1,530,933 |
Young Storytellers Foundation Los Angeles, CA | $1,331,918 | $1,788,539 |
Friends Of The Children - Southwest Washington - Swwa Vancouver, WA | $1,131,400 | $2,098,730 |
Seven Tepees Youth Program San Francisco, CA | $2,266,460 | $682,638 |
Friends For Youth Inc Palo Alto, CA | $884,450 | $1,205,149 |
Higher Ground Youth And Family Services Inc Yorba Linda, CA | $2,621,638 | $1,302,190 |