Fahrenheit
- Assets
- $91.0k
- Revenue
- $289.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Norman, OK
- Founding
- 01/2015
- Data as of
- 12/2021
- EIN
- 47-0999852
Organization Overview
Fahrenheit is located in Norman, OK. The organization was established in 2015. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Fahrenheit employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fahrenheit 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, Fahrenheit generated $289.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $338.0k during the year ending 12/2021. While expenses have increased by 17.1% 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
FAHRENHEITS PURPOSE IS TO DEVELOP MENTORING AS A WAY TO IMPACT AND INFLUENCE COMMUNITIES THROUGH TRAINING, PARTNERING, AND MODELING. WE DEVELOP MENTORING CATALYSTS IN ORDER TO HELP FULFILL OUR MISSION OF CHANGING SOCIETY THROUGH AUTHENTIC RELATIONSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
3 MENTORING PARTNERSHIPS ARE THE THIRD LARGEST PROGRAM SERVICE PROVIDED BY FAHRENHEIT. PARTNERSHIPS CONSIST OF FOUR CATEGORIES: MENTORING CATALYSTS (WHO ADHERE TO THE BIBICAL MENTORING PRINCIPLES OF FAHRENHEIT AND ARE PART OF A MENTORING NETWORK), FINANCIAL, CHURCH/NON-PROFIT AND PRAYER. FAHRENHEIT FOSTERS THESE PARTNERSHIPS IN THE FOLLOWING WAYS:MENTORING CATALYSTS AND CHURCHES ARE COMMUNICATED WITH REGULARLY, PROVIDING TOOLS TO ENCOURAGE AND STRENGTHEN THE MENTORING WORK. PARTNERSHIPS ARE ALSO USED TO NETWORK FOR THE PURPOSES OF EXPANDING MENTORING TO OTHER PARTS OF THE COMMUNITY. WE CURRENTLY HAVE 3 FORMAL ORGANIZATIONAL PARTNERSHIPS IN WHICH WE OFFER TRAINING AND ACCESS TO FAHRENHEIT RESOURCES.FINANCIAL PARTNERS TOTAL 103 INDIVIDUALS AND 10 CHURCHES. INDIVIDUALS ARE BEING KEPT IN TOUCH THROUGH WEEKLY NEWSLETTERS.PRAYER PARTNERS TOTAL 518 INDIVIDUALS WHO ACTIVELY PRAY FOR THE WORK OF FAHRENHEIT AND ITS EMPLOYEES, INDEPENDENT CONTRACTORS AND VOLUNTEERS.
2 MENTORING TRAINING IS OUR ORGANIZATIONS SECOND LARGEST PROGRAM SERVICE. ON AVERAGE, 37 PEOPLE WERE TRAINED IN WORKSHOPS, WE ENGAGED IN 22 ONLINE TRAINING SESSIONS, 15 MENTORS WERE TRAINED WITH LEADERSHIP TOOLS, AND 217 PEOPLE ATTENDED GROUP MENTORING SESSIONS WHILE 457 PEOPLE HEARD ABOUT THE IMPACT OF MENTORING. MENTORS RECEIVED ONGOING TRAINING DURING THE YEAR BY FAHRENHEIT EMPLOYEES OR INDEPENDENT CONTRACTORS. RECIPIENTS WERE PRESENTED TOOLS TO BETTER MENTOR OTHERS. ADDITIONALLY, OUR FACEBOOK PAGE REACHED 4,990 PEOPLE WITH TRAINING TOOLS FOR MENTORS. WE SENT OUT 5,339 DIGITAL MENTORING TOOLS ON MENTORING TOPICS. WEVE ALSO SENT WEEKLY NEWSLETTERS REACHING 12,200 FINANCIAL DONORS AND THOSE INTERESTED IN MENTORING ON THE TOPIC OF MENTORING.
1 PERSONAL MENTORING IS OUR LARGEST PROGRAM. IN 2021, 363 MENTORING MEETINGS TOOK PLACE B FAHRENHEIT EMPLOYEES AND VOLUNTEERS. OF THOSE 363 MEETINGS, 97 WERE WITH MENTORS WHO ARE CURRENTLY MENTORING OTHERS, 227 WERE MENTEES WHO ARE NOT YET CURRENTLY MENTORING, AND 38 GROUP MENTORING SESSIONS REACHING 172 PEOPLE. EACH MENTORED PERSON IS OFFERED ANYWHERE FROM 1-3 HOURS OF TIME EACH MENTORING MEETING. THERE IS NO CHARGE FOR MENTORING MEETINGS. TOPICS RANGE FROM SPIRITUAL GROWTH, BUSINESS NETWORKING, MARRIAGE AND FAMILY ISSUES AND PERSONAL GROWTH ISSUES. MEETINGS TAKE PLACE USUALLY IN CAFES, PERSONAL HOMES, OR CONDUCTED ONLINE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Kenney CFO | Officer | 12 | $0 |
Christopher Elledge CEO And Co-Founder | Officer | 50 | $0 |
Christina Elledge COO And Co-Founder | Officer | 30 | $0 |
John Irwin Logistics Coordinator | Officer | 12 | $0 |
Kyle Drew Board Member | Trustee | 0 | $0 |
Becki Sigmon Board Member | Trustee | 0 | $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 | $289,488 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $289,488 |
| 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 | $289,488 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,266 |
| Compensation of current officers, directors, key employees. | $132,266 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,384 |
| Payroll taxes | $780 |
| Fees for services: Management | $157,474 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,570 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,000 |
| Office expenses | $769 |
| Information technology | $2,253 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,774 |
| 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 | $1,796 |
| All other expenses | $7,587 |
| Total functional expenses | $338,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,017 |
| 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 | $91,017 |
| Accounts payable and accrued expenses | $10 |
| 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 | $10 |
| Net assets without donor restrictions | $91,007 |
| 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 | $91,017 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fahrenheit has recieved totaling $72,030.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $72,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Of Hope Austin, TX | $30,630,297 | $30,889,522 |
Kanakuk Ministries Branson, MO | $43,790,256 | $23,660,219 |
Woodhaven Learning Center Columbia, MO | $17,651,573 | $16,164,282 |
Presbyterian Village Inc Little Rock, AR | $7,163,719 | $8,947,997 |
Village At Gleannloch Farms Inc Austin, TX | $0 | $0 |
Usatransform Southlake, TX | $4,678,487 | $10,648,450 |
Doulos Ministries Inc Independence, MO | $17,094,809 | $7,030,778 |
Persuade The World Ministries Colorado Springs, CO | $2,527,761 | $6,071,254 |
Iglesia Bethel Ministries Inc San Antonio, TX | $9,077,539 | $1,090,041 |
International House Of Prayer Kansas City, MO | $184,048 | $5,377,714 |
Powerpoint Ministries Plano, TX | $1,308,223 | $5,704,956 |
Permanent Endowment Fund Of The Moody Memorial First United Method Galveston, TX | $123,313,594 | $19,045,257 |