Salt Of The Earth
- Assets
- $5.2m
- Revenue
- $752.8k
- Investments
- $5.0m
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 07/1995
- Data as of
- 09/2022
- EIN
- 46-0434804
Organization Overview
Salt Of The Earth is located in Sioux Falls, SD. The organization was established in 1995. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salt Of The Earth 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 09/2022, Salt Of The Earth generated $752.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $398.7k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Salt Of The Earth has awarded 59 individual grants totaling $1,193,400. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorrie Schwan-Okerlund President/director | 2 | $0 | |
Molly Okerlund Vice Pres/director | 1 | $0 | |
Elizabeth Rezek Secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $176 |
| Dividends & Interest | $137,006 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $615,645 |
| Capital Gain Net Income | $701,634 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $752,827 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,989 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $64 |
| Total operating and administrative expenses | $43,688 |
| Contributions, gifts, grants paid | $355,000 |
| Total expenses and disbursements | $398,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,416 |
| Savings and temporary cash investments | $144,822 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,157,639 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Salt Of The Earth has awarded $355,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
WORLD HOPE INTERNATIONAL PURPOSE: VOICE OF SALVATION RADIO STATION IN SIERRA LEONE | $200,000 |
Hillsdale, MI PURPOSE: CHARTER SCHOOLS PROGRAM | $50,000 |
CHRISTIAN SOLIDARITY INTERNATIONAL PURPOSE: CHRISTIAN SLAVE RELEASE PROGRAM IN AFRICA AND PROTECTING CHRISTIANS IN SOUTH SUDAN, SYRIA AND IRAQ | $25,000 |
AMAZING FACTS PURPOSE: CHRISTIAN EDUCATION IN CHURCHES AND SCHOOLS | $25,000 |
Sioux Falls, SD PURPOSE: CHRISTIAN EDUCATION OUTREACH PROGRAM FOR KIDS | $15,000 |
St Paul, MN PURPOSE: CONTEMPORARY MUSIC AND TALK SHOW PROGRAMMING | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Graywolf Press Minneapolis, MN | $6,471,480 | $4,234,529 |
National Scholastic Press Association Minneapolis, MN | $1,606,709 | $1,839,940 |
Minnpost Minneapolis, MN | $1,303,702 | $1,954,386 |
Iowa State Daily Publication Ames, IA | $272,602 | $1,179,802 |
Student Publications Incorporated Iowa City, IA | $1,877,075 | $1,687,333 |
Coffee House Press Inc Minneapolis, MN | $1,101,126 | $1,040,761 |
Montana Free Press Helena, MT | $1,395,111 | $925,213 |
Printing Industry Midwest Inc Golden Valley, MN | $3,370,388 | $722,427 |
The Society Of Gilbert Keith Chesterton Hopkins, MN | $173,650 | $743,302 |
Piegan Institute Browning, MT | $1,242,442 | $579,975 |
Daily Nebraskan Lincoln, NE | $1,093,339 | $420,711 |
Arcata Press Saint Paul, MN | $343,954 | $436,484 |