Stockbridge Boiler Room
- Assets
- $86.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 09/2007
- Data as of
- 12/2023
- EIN
- 26-0367779
Organization Overview
Stockbridge Boiler Room is located in Grand Rapids, MI. The organization was established in 2007. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stockbridge Boiler Room 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 12/2023, Stockbridge Boiler Room generated $63.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $57.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
STOCKBRIDGE BOILER ROOM HOSTS A CHRISTIAN COMMUNITY HOUSE AND A PRAYER GARAGE AS A PERMANENT PRAYER ROOM FOR THE CITY. SEE SCH O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Koons Director | 2 | $0 | |
Jeremy Jones Chair | 2 | $0 | |
Wendy Porterfield Director | 1 | $0 | |
Timothy Collier Executive Director | 25 | $9,720 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,087 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $50 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,920 |
| Total Revenue | $63,057 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,728 |
| Professional fees and other payments to independent contractors | $1,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,505 |
| Total expenses | $57,803 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,445 |
| Other assets | $0 |
| Total assets | $86,133 |
| Total liabilities | $0 |
| Net assets or fund balances | $86,133 |