Fifty5five Inc
- Assets
- $220.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Folsom, CA
- Founding
- 10/2008
- Data as of
- 12/2022
- EIN
- 61-1517516
Organization Overview
Fifty5five Inc is located in Folsom, CA. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fifty5five 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 12/2022, Fifty5five Inc generated $85.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $74.7k during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S PURPOSE AND MISSION IS CARRIED OUT BY VARIOUS MISSIONS, VACATION BIBLE SCHOOLS AND WORKSHOPS PROVIDING TRAINING TO VOLUNTEERS THROUGHOUT THE WORLD AND PROVIDING PARTNERSHIPS WITH LOCAL CHURCHES, MISSION ORGANIZATIONS AND NON-PROFITS TO SHARE THE GOSPEL OF JESUS CHRIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Delon Treasurer | 2 | $0 | |
Theresa Cane President | 24 | $0 | |
Claire True Board Member | 0 | $0 | |
Becky Jo Anderson Board Member | 12 | $0 | |
Don Gilzean Board Member | 2 | $0 | |
Linda Mcfarland Board Member | 18 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,232 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $80 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,527 |
| Other Revenue | $0 |
| Total Revenue | $85,839 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,359 |
| Professional fees and other payments to independent contractors | $3,401 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,916 |
| Total expenses | $74,676 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $217,268 |
| Other assets | $0 |
| Total assets | $220,412 |
| Total liabilities | $1,341 |
| Net assets or fund balances | $219,071 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fifty5five Inc has recieved totaling $375.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $375 |
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|---|---|---|
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Guara Bi Inc Las Vegas, NV | $2,785,131 | $6,283,964 |
Operation Usa Los Angeles, CA | $6,771,517 | $5,746,005 |
Onesky Berkeley, CA | $3,976,088 | $6,959,503 |
Aam Foundation Novato, CA | $35,749,865 | $24,208,517 |
Little Market Inc Santa Ana, CA | $1,421,831 | $4,304,249 |
Double Up Drive Inc Las Vegas, NV | $3,887,049 | $4,005,718 |
Youth Development Labs Inc Berkeley, CA | $425,152 | $3,582,158 |
International Christian Adoptions Temecula, CA | $3,308,589 | $4,487,608 |
Hope 4 Kids International Phoenix, AZ | $1,831,552 | $4,256,777 |