Floodways
- Assets
- $250.4k
- Revenue
- $429.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 12/2003
- Data as of
- 12/2022
- EIN
- 73-1671947
Organization Overview
Floodways is located in Irvine, CA. The organization was established in 2003. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Floodways 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, Floodways generated $429.1k in total revenue. All expenses for the organization totaled $264.6k during the year ending 12/2022. While expenses have increased by 138.1% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONE TABLES - GATHERINGS FOR LOCAL PASTORS WHERE A MEAL IS PROVIDED, A GUEST TEACHER SPEAKS, AND PEOPLE PRAY FOR ONE ANOTHER.
SEAROCK SESSIONS - CHRISTIAN COHORTS FOR PASTORS LOCALLY AND GLOBALLY.
OC INTERCESSORS, REGIONAL PRAYER TRAININGS - PRAYER TRAININGS AND CONFERENCES - ANYONE IS WELCOME TO PARTICIPATE.
ONE ON ONE MENTORING AND COUNSELING TO LOCAL PASTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Todd Proctor Ex Dir/secretar | 20 | $0 | |
Lisa Proctor Borad Member | 1 | $0 | |
Brady Schmidt President/treas | 20 | $0 | |
Traci Schmidt Board Member | 1 | $0 | |
Sheridan Mcdaniel Board Member | 1 | $0 | |
Jason Mowery Board Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Missional Labs | 12/30/22 | $60,000 |
Sarah Erin Vinzon | 12/30/22 | $62,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $137,721 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $291,336 |
| Total Revenue | $429,057 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $343 |
| Other expenses | $203,619 |
| Total operating and administrative expenses | $264,637 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $264,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,359 |
| 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 | $250,359 |
| 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 | $20 |
| Total liabilities | $20 |
Grants Awarded
Over the last fiscal year, Floodways has awarded $38,340 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
JOSH HARRISON PURPOSE: ADOPTION ASSISTANCE | $6,000 |
SUPERIOR REHAB CENTER PURPOSE: ASSISTANCE TO ELDERLY. | $13,170 |
JOSH HARRISON PURPOSE: ADOPTION ASSISTANCE | $6,000 |
SUPERIOR REHAB CENTER PURPOSE: ASSISTANCE TO ELDERLY. | $13,170 |