Folkshop Inc
- Assets
- $113.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Ignatius, MT
- Founding
- 12/1977
- Data as of
- 12/2023
- EIN
- 81-0358555
Organization Overview
Folkshop Inc is located in Saint Ignatius, MT. The organization was established in 1977. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Folkshop 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 12/2023, Folkshop Inc generated $108.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $113.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 9 years. 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
TO EMPLOY CLIENTS IN A SHELTERED WORKING ENVIRONMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debrah White Secretary | 1 | $0 | |
Linda Merchant Treasurer | 1 | $0 | |
Arleta Long Director | 1 | $0 | |
Ursula Wiesner Executive Dir. | 40 | $29,757 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $32 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,475 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,198 |
| Professional fees and other payments to independent contractors | $2,132 |
| Occupancy, rent, utilities, and maintenance | $9,568 |
| Printing, publications, postage, and shipping | $29 |
| Other expenses | $27,553 |
| Total expenses | $113,480 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,820 |
| Other assets | $0 |
| Total assets | $113,123 |
| Total liabilities | $1,551 |
| Net assets or fund balances | $111,572 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Entry Services Inc Riverton, WY | $8,626,759 | $9,539,470 |
Bh Services Inc Rapid City, SD | $0 | $1,687,686 |
Bsw Inc Butte, MT | $8,183,298 | $5,315,217 |
Development Workshop Inc Idaho Falls, ID | $6,130,395 | $4,523,701 |
Opportunities Unlimited Incorporated Lewiston, ID | $2,947,722 | $4,655,855 |
Valiant Living Incorporated Madison, SD | $5,048,827 | $4,768,817 |
Eastern Montana Industries Miles City, MT | $5,752,538 | $4,555,374 |
Achievements Inc Libby, MT | $3,872,394 | $3,311,607 |
New Horizons Unlimited Incorporated Harlem, MT | $995,040 | $198,919 |
Folkshop Inc Saint Ignatius, MT | $113,123 | $0 |