100 Fold Studio
- Assets
- $1.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 11
- Location
- Lakeside, MT
- Founding
- 07/2012
- Data as of
- 12/2021
- EIN
- 27-2204504
Organization Overview
100 Fold Studio is located in Lakeside, MT. The organization was established in 2012. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, 100 Fold Studio employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 100 Fold Studio 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, 100 Fold Studio generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 15.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501C(3) OF THE INTERNAL REVENUE CODE OF 1986 OR THE CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW (THE "CODE") INCLUDING, WITHOUT LIMITING THE GENERALITY OF THE FORGOING, THE FOLLOWING SPECIFIC PURPOSES: 1. TO PROVIDE INNOVATIVE AND AFFORDABLE ARCHITECTURAL AND DESIGN SERVICE FOR GLOBAL AND LOCAL MISSION PROJECTS; AND 2. TO ESTABLISH A NETWORK OF LICENSED ARCHITECTS, INTERN ARCHITECTS, AND OTHER PROFESSIONALS TO SERVICE IN MISSION PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAKESIDE STUDIO LCC: THE PURPOSES FOR WHICH THE COMPANY IS FORMED ARE TO MANAGE AND OVERSEE THE CONSTRUCTION, IMPROVEMENT, RENOVATION AND MAINTENANCE OF BUILDINGS AND STRUCTURES ASSOCIATED WITH THE CHARITABLE AND EDUCATIONAL WORK OF THE ARCHITECTURAL FIRM 100 FOLD STUDIO, AND FOR ANY AND ALL MATTERS, PURSUITS AND ACTIVITIES INCIDENTAL TO SUCH PURPOSE, WHICH INCLUDES THE WORLDWIDE CHARITABLE AND EDUCATIONAL ENDEAVORS OF 100 FOLD STUDIO, INC. IN 2021, LAKESIDE STUDIO PROVIDED CONSTRUCTION SERVICES FOR THE RENOVATION OF "THE LANDING," 100 FOLD'S LIVE/WORK FACILITY, THE CONSTRUCTION OF A WOOD SHOP ON "THE LANDING" PROPERTY, AND THE SUMMER STUDIO PROJECT FOR LAKESIDE COMMUNITY GARDEN.
GENERAL PROGRAM - ARCHITECTURAL SERVICES: THE ORGANIZATION'S PRIMARY PROGRAM IS TRAINING YOUNG ARCHITECTS BY PROVIDING ARCHITECTURAL SERVICES FOR LOCAL AND GLOBAL MISSIONS ORGANIZATIONS. IN 2021, WE PROVIDED SERVICES INCLUDING MASTER PLANNING, COMMERCIAL, INSTITUTIONAL AND RESIDENTIAL ARCHITECTURE, AND INTERIOR DESIGN TO MULTIPLE ORGANIZATIONAL BUILDING PROJECTS WORLDWIDE. THESE PROJECTS INCLUDED CONSTRUCTION DOCUMENTS FOR VIDA JOVEN (YOUNG LIFE) IN THE DOMINICAN REPUBLIC AND MASTER PLANNING AND CONCEPTUAL BUILDING DESIGNS FOR VIDA JOVEN IN HAITI; MASTER PLANNING AND CONCEPTUAL BUILDING DESIGNS FOR A MEDICAL CENTER FOR SUSU GOSPEL MINISTRIES IN LUNGI, SIERRA LEONE AND FOR EDUCATIONAL FACILITIES FOR THE UNIVERSITY OF THE NATIONS - NOEPE, TOGO; CODE REVIEW AND BUILDING PERMIT DOCUMENTS FOR THE HISTORICAL SOMERS MANSION IN SOMERS, MT; MASTER PLANNING AND ARTISTIC RENDERINGS FOR THE BOYS & GIRLS CLUB OF GLACIER COUNTRY IN COLUMBIA FALLS, MT; MASTER PLANNING AND FUNDRAISING PACKETS FOR A RETREAT CENTER FOR VETERANS AND FIRST RESPONDERS IN LAKESIDE, MT; AND CONSTRUCTION DOCUMENTS AND ADMINISTRATION FOR THE RENOVATION OF 100 FOLD'S NEW LIVE/WORK FACILITY.
ARCHITECTURAL AND VOCATIONAL INTERNSHIPS: THE ORGANIZATION PROVIDED VOCATIONAL TRAINING OPPORTUNITIES AND COMMUNITY SERVICE THROUGH INDIVIDUAL FUNDING AND GRANTS WITH THE MURDOCK TRUST'S VISION + CALL PROGRAM. VOCATIONAL TRAINING INCLUDED ARCHITECTURE, NONPROFIT ADMINISTRATION, GRAPHIC DESIGN AND VIDEOGRAPHY. ARCHITECTURAL TRAINING IS RECOGNIZED BY THE NATIONAL COUNCIL OF ARCHITECTURAL REGISTRATION BOARDS.
ALL OTHER PROGRAMS INCLUDING:INTERNATIONAL OUTREACH, SUMMER STUDIO, WINTER STUDIO, EVENTS- LOCAL, COMPUTERS & SOFTWARE, AND THE LANDING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hudson President And Treasurer | OfficerTrustee | 45 | $124,000 |
Samantha Hudson Board Member | OfficerTrustee | 32 | $48,000 |
Terry Elzinga Board Member | Trustee | 1 | $0 |
Rick Archer Vice-Chair | Trustee | 1 | $0 |
Carol Archer Board Member | Trustee | 1 | $0 |
Kenneth Elzinga Chair | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $164,085 |
| All other contributions, gifts, grants, and similar amounts not included above | $759,601 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $923,686 |
| Total Program Service Revenue | $664,501 |
| Investment income | $1,389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $34,485 |
| Net Gain/Loss on Asset Sales | $1,205 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,625,310 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250 |
| Grants and other assistance to domestic individuals. | $84,991 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $186,634 |
| Compensation of current officers, directors, key employees. | $52,471 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $232,261 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,709 |
| Payroll taxes | $35,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,911 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,239 |
| Advertising and promotion | $5,700 |
| Office expenses | $25,928 |
| Information technology | $14,569 |
| Royalties | $0 |
| Occupancy | $72,799 |
| Travel | $39,875 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,334 |
| Interest | $424 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,393 |
| Insurance | $27,227 |
| All other expenses | $1,615 |
| Total functional expenses | $1,324,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $895,477 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,253 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $318,567 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,267,297 |
| Accounts payable and accrued expenses | $19,961 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $90,000 |
| Other liabilities | $0 |
| Total liabilities | $109,961 |
| Net assets without donor restrictions | $1,157,336 |
| 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 | $1,267,297 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 100 Fold Studio has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Sparrow Charitable Foundation Dallas, TX PURPOSE: I - GREAT COMMISSION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Habitat For Humanity International Inc Kalispell, MT | $3,902,064 | $2,562,422 |
Habitat For Humanity International Inc Sioux Falls, SD | $9,141,144 | $3,026,131 |
Habitat For Humanity International Inc Boise, ID | $1,208,345 | $1,688,198 |
Habitat For Humanity International Inc Missoula, MT | $2,268,438 | $1,444,017 |
100 Fold Studio Lakeside, MT | $1,267,297 | $1,625,310 |
Hope Center Rapid City, SD | $217,798 | $564,898 |
Homeownership Education Resource Organization Pierre, SD | $0 | $348,367 |
Habitat For Humanity International Inc Grand Forks, ND | $1,537,917 | $45,112 |