Bold3 Coffee
- Assets
- $38.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 82-4196996
Organization Overview
Bold3 Coffee is located in Wayzata, MN. The organization was established in 2018. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bold3 Coffee 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, Bold3 Coffee generated $32.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $51.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Norring President - Director Of Ministry Development | 10 | $0 | |
Jake Geier Treasurer | 1 | $0 | |
Jeff Geier Secretary - Director Of Operations | 1 | $0 | |
Phil Geier Board Chair | 1 | $0 | |
Judy Geier Vice Board Chair | 2 | $0 | |
Nick Norring Executive Director - Senior Pastor | 40 | $30,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,678 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $234 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $750 |
| Total Revenue | $32,872 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,243 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,114 |
| Total expenses | $51,831 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,105 |
| Other assets | $0 |
| Total assets | $38,539 |
| Total liabilities | $8,232 |
| Net assets or fund balances | $30,307 |