Issachar Center
- Assets
- $105.0k
- Revenue
- $695.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Denver, CO
- Founding
- 03/2019
- Data as of
- 06/2022
- EIN
- 82-4116357
Organization Overview
Issachar Center is located in Denver, CO. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Issachar Center employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Issachar Center 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 06/2022, Issachar Center generated $695.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $692.5k during the year ending 06/2022. While expenses have increased by 8.6% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ISSACHAR'S TWO MAIN MISSIONS INCLUDE EQUIPPING AND CONVENING URBAN CHRISTIAN LEADERS FOR AN URBANIZING WORLD. A LARGE FOCUS OF THE ISSACHAR CENTER IS TO PREPARE CULTURALLY DIVERSE FOLLOWERS OF JESUS FOR LIFELONG LEADERSHIP IN URBAN COMMUNITIES THROUGH A RESIDENTIAL LEADERSHIP PROGRAM FOR YOUNG ADULTS. NON-RESIDENTIAL PROGRAMS ALSO EXIST TO PROVIDE LEADERSHIP AND PEER ADVISORY GROUPS FOR THOSE EXISTING PROFESSIONALS WHO ARE RISING URBAN CHRISTIAN LEADERS AND THOSE WHO ARE DISCOVERING THEIR CAREER PATHWAYS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISSACHAR CENTER'S CONVENE PROGRAM CONNECTS URBAN CHRISTIAN LEADERS WITH BEST PRACTICES, DIVERSE PERSPECTIVES, AND ONE ANOTHER THROUGH THREE MAIN CHANNELS. SEASONED URBAN CHRISTIAN LEADERS PUT ON "TOWN HALLS" WHICH ARE MONTHLY SESSIONS IN VARIOUS TOPICS FOR THE ENTIRE ISSACHAR COMMUNITY. IN ADDITION, HIGH IMPACT URBAN LEADERS IN VARIOUS PROFESSIONS HOLD SMALL-GROUP GATHERINGS KNOWN AS "COMMON TABLES" TO CONNECT AND LEARN FROM ONE ANOTHER WITH COMMON INTERESTS AND EXPERIENCES. THE THIRD CHANNEL IS THROUGH THE URBAN ENTRY OFFERING WHERE CHRISTIAN LEADERS, ESPECIALLY THOSE IN WHITE COMMUNITIES, LEARN HOW TO EFFECTIVELY ENGAGE AN URBANIZING WORLD THROUGH CO-FACILITATION,INTRODUCTION OF LEADERS, AND LEADERS WHOSE ORGANIZATIONS ARE COMMITTED TO EFFECTIVELY ENGAGE IN AN URBANIZING WORLD. 154 LEADERS PARTICIPATED TO CONVENE AND MOBILIZE.
ISSACHAR CENTER EQUIPS LEADERS WHO DESIRE TO MAKE AN URBAN IMPACT. A LARGE PART OF THE PROGRAM SERVICE IS THE APPRENTICESHIP PROGRAM THAT BENEFITS INDIVIDUALS IN 2 WAYS: A MONTHLY STIPEND OF $1,100 IS PAID DIRECTLY TO THE THE STUDENT AND TUITION SUPPORT OF UP TO $6,000 PER YEAR IS PAID DIRECTLY TO THE SCHOOL. UP TO 12 STUDENTS ARE ACCEPTED INTO THE PROGRAM EVERY 2 YEARS. IN ADDITION, STUDENTS AND RESIDENT ASSISTANT STAFF LIVE ONSITE AT THE ISSACHAR CENTER IN RESIDENTIAL APARTMENTS TO COMPLETE A 10 MONTH INTENSIVE PROGRAM. AS OF 6/30/2022 ISSACHAR HAD 6 FULL TIME APPRENTICES.OTHER CAREER PATHWAY PROGRAMS INCLUDE EITHER A 12 WEEK OR 4 WEEK PROGRAM ASSISTING YOUNG ADULTS IN MAKING HIGH QUALITY AND SUCCESSFUL DECISIONS IN WORK, FAITH, FINANCES AND COLLEGE. 40 CAREER PROFESSIONALS WERE SERVED IN THIS PROGRAM. ISSACHAR ALSO SUPPORTS URBAN CHRISTIAN EXECUTIVES THROUGH LEADERSHIP PROGRAMS AND PEER ADVISORY GROUPS. FOR OTHER CAREER PROFESSIONALS, VARIOUS LEADERSHIP AND ONGOING GROUP SESSONS ARE OFFERED WITH RELEVANT CONTENT AND A CHANCE TO CONNECT AND FIND SUPPORT FOR THESE RISING URBAN PROFESSIONALS. LAST YEAR 22 PARTICIPANTS TOOK ADVANTAGE OF THESE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Midian Holmes COO | Officer | 40 | $89,100 |
Scott Lundeen Chief Strategy | Officer | 40 | $79,826 |
Art Williams CEO | Officer | 40 | $67,834 |
Esther Davy Board Member | Trustee | 2 | $0 |
Derrick Kelsey President | Trustee | 3 | $0 |
Jonathan Alfonseca Board Member | Trustee | 2 | $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 | $639,681 |
| Noncash contributions included in lines 1a–1f | $5,307 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $639,681 |
| Total Program Service Revenue | $55,720 |
| 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 | $695,401 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $51,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $281,646 |
| Compensation of current officers, directors, key employees. | $42,247 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $164,094 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,771 |
| Payroll taxes | $37,551 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,896 |
| Office expenses | $40,731 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,352 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,667 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,712 |
| Insurance | $14,113 |
| All other expenses | $15,186 |
| Total functional expenses | $692,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,389 |
| 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 | $38,627 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $105,016 |
| Accounts payable and accrued expenses | $3,845 |
| 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 | $2,680 |
| Total liabilities | $6,525 |
| Net assets without donor restrictions | $98,491 |
| 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 | $105,016 |