Isaiah 58 10 Foundation is located in Bismarck, ND. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Isaiah 58 10 Foundation 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, Isaiah 58 10 Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 51.8% each year . All expenses for the organization totaled $983.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL SUPPORT TO FIVE ORGANIZATIONS WHICH SUPPORT ADOPTION, PARTICULARLY ADOPTION OF SPECIAL NEEDS CHILDREN AND PROVIDE SCHOLARSHIP FUNDS TO ONE SCHOOL.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Troy Nelson President | 0.5 | $0 | |
Kree Nelson Vp/secr/treas | 0.5 | $0 | |
Cameron Nemecek Director | 0.5 | $0 | |
Carol Winkler Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $598,138 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,312 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $480,166 |
| Capital Gain Net Income | $480,166 |
| Net ST Capital Gain | $16,678 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,147 |
| Total Revenue | $1,102,763 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,610 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,941 |
| Contributions, gifts, grants paid | $973,000 |
| Total expenses and disbursements | $983,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 |
Over the last fiscal year, Isaiah 58 10 Foundation has awarded $973,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICA WORLD ADOPTION PURPOSE: FINANCIAL ADOPTION ASSISTANCE | $8,000 |
CRU CAMPUS CRUSADE FOR CHRIST PURPOSE: FINANCIAL ADOPTION ASSISTANCE | $365,000 |
THE A21 CAMPAIGN INC PURPOSE: FINANCIAL ADOPTION ASSISTANCE | $100,000 |
EVANGEL ASSEMBLY OF GOD PURPOSE: FINANCIAL ADOPTION ASSISTANCE | $100,000 |
PULSE OUTREACH PURPOSE: FINANCIAL ADOPTION ASSISTANCE | $400,000 |