Des Moines Poverty Tr
- Assets
- $14.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 06/2005
- Data as of
- 12/2021
- EIN
- 20-1062526
Organization Overview
Des Moines Poverty Tr is located in Des Moines, IA. The organization was established in 2005. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Des Moines Poverty Tr 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, Des Moines Poverty Tr generated $25.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (32.7%) each year. All expenses for the organization totaled $147.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE FUNDS OR OTHER RESOURCES FOR THE FINANCIAL RELIEF OF BRETHREN WHO ARE IN NECESSITOUS CIRCUMSTANCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Holt Trustee | 3 | $0 | |
Timothy Berardi Trustee | 3 | $0 | |
Gordon Johnstone Trustee | 3 | $0 | |
Joshua Walker Trustee | 3 | $0 | |
Gregory Kneeshaw Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,259 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $67 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,326 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $365 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $147,936 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,256 |
| Other assets | $0 |
| Total assets | $14,256 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,256 |