Foothold Twin Cities
- Assets
- $22.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/2015
- Data as of
- 08/2023
- EIN
- 47-4745843
Organization Overview
Foothold Twin Cities is located in Minneapolis, MN. The organization was established in 2015. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foothold Twin Cities 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 08/2023, Foothold Twin Cities generated $164.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $145.8k during the year ending 08/2023. While expenses have increased by 17.9% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OUR ORGANIZATION'S SERVICE MISSION IS TO HELP FAMILIES REMAIN STABLE DURING A CRISIS BY PAYING A BILL FOR THEM. WE PAID OVER $145,000 TO HELP FAMILIES KEEP THEIR STABILITY WHETHER IT WAS PAYING RENT FOR ONE MONTH MORTGAGE CHILDCARE EXPENSES SO THEY COULD GET OVER AN ILLNESS OR PAYING FOR A BILL TO FIX A VEHICLE CRITICAL TO THEIR FAMILY'S INCOME AND STABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terance Walsh President | 15 | $0 | |
Amber Lampron Vice President | 5 | $0 | |
Joe Baumgart Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,560 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $164,560 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $145,767 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,748 |
| Other assets | $0 |
| Total assets | $22,748 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,748 |