Faith Project Inc
- Assets
- $0.0
- Revenue
- $101.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Backus, MN
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-2385281
Organization Overview
Faith Project Inc is located in Backus, MN. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Faith Project Inc 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, Faith Project Inc generated $101.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $122.9k during the year ending 12/2021. While expenses have increased by 10.8% 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
CURRENTLY WE ARE WORKING IN THE VILLAGES OF GARDE SALINE, DUMAS, AND VIARD, HAITI TRYING TO BUILD SUSTAINABLE COMMUNITIES. THE PROJECTS FOR 2021 INCLUDE, RUNNING MULTIPLE MEDICAL CLINICS BOTH STATIONARY AND MOBILE, SUPPORTING AND BUILDING A CHRISTIAN GRADE SCHOOL, DOING VILLAGE LEADERSHIP TRAINING AND FORMATION AND WORKING WITH OTHER NON-PROFITS IN FOLLOW UP REPORTING ON PREVIOUS PROJECTS AND VILLAGES THEY HAVE WORKED IN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDED TRAINING AND SALARIES FOR MEDICAL STAFF AND FUNDING FOR MEDICAL SUPPLIES, DRUGS, AND MEDICAL EQUIPMENT FOR TWO VILLAGE RUN MEDICAL CLINICS AND SEVERAL SHORT-TERM MEDICAL CLINICS FOR COVID VIRUS PREVENTION AND EARTHQUAKE RELIEF. IN ADDITIONAL MONTHLY MOBILE MEDICAL CLINICS WERE RUN IN THE VILLAGES OF PISTERE, VIARD, AND THE SURROUNDING AREAS. THE TWO VILLAGE CLINICS WERE OPEN TWO DAYS OF THE WEEK IN EACH VILLAGE AND LOCAL USERS ONLY PAY A SMALL FRACTION OF COST TO OPERATE.
10 VILLAGES WERE VISITED TWICE EACH TO DO AN ASSESSMENT OF PRIOR VILLAGE LEADERSHIP COUNCILS AND PROGRAMS THAT WERE COMMISSIONED IN PREVIOUS YEARS IN THOSE VILLAGES. REPORTS WERE THEN GENERATED AND SENT TO COMMISSIONING NON-PROFIT ORGANIZATION
A NEW 7 CLASSROOM SCHOOL BUILDING WAS CONSTRUCTED AND FURNISHED FOR THE GARDE SALINE BAPTIST CHURCH THAT HAS BEEN RUNNING A GRADE SCHOOL IN GARDE SALINE FOR THE PAST SEVERAL YEARS OUT OF THEIR CHURCH BUILDING. ALSO, ENGLISH LESSONS WERE PROVIDED TO ANYONE THAT WANTED THEM AS PART OF THE SCHOOL'S OUTREACH EDUCATIONAL PROGRAM.
CHILD SPONSORSHIP PROGRAM WAS RUN IN THE VILLAGE OF GARDE SALINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Adams President | OfficerTrustee | 10 | $0 |
Cleantus Jean Vice President | OfficerTrustee | 10 | $0 |
Richard Adams Treasurer | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,119 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,119 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $101,119 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $118,555 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,792 |
| Advertising and promotion | $2,249 |
| Office expenses | $190 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $25 |
| Total functional expenses | $122,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Faith Project Inc has recieved totaling $43,292.
| Awarding Organization | Amount |
|---|---|
Hope For Haitians Inc Rockford, IL | | $43,292 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home And Away Ministries North Branch, MN | $25,723,249 | $42,419,971 |
Loaves And Fishes Too Minneapolis, MN | $3,481,660 | $16,298,899 |
Pulse Outreach Minneapolis, MN | $16,852,358 | $21,090,149 |
Desiring God Ministries Minneapolis, MN | $8,654,171 | $9,657,693 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Praying Pelican Missions Minneapolis, MN | $539,673 | $5,474,608 |
Venture Burnsville, MN | $4,889,777 | $6,516,603 |
Evangelical Lutheran Good Samaritan Foundation Sioux Falls, SD | $102,471,128 | $9,259,464 |
Christian Worship Hour Aberdeen, SD | $3,374,479 | $4,060,903 |
Luther Memorial Home Madelia, MN | $3,423,486 | $4,600,698 |
Barnabas International Elkhorn, WI | $2,407,026 | $3,476,922 |