Promise Ridge Inc
- Assets
- $58.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Idaho Falls, ID
- Founding
- 11/2018
- Data as of
- 09/2022
- EIN
- 82-5256950
Organization Overview
Promise Ridge Inc is located in Idaho Falls, ID. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promise Ridge 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 09/2022, Promise Ridge Inc generated $173.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $158.8k during the year ending 09/2022. While expenses have increased by 5.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED A SAFE AND SECURE PLACE TO LIVE FOR 30 HOMLESS FAMILES (WHICH INCLUDED 85 INDIVIDUALS) WHILE THEY WORKED ON BECOMING SUSTAINABLE. THE DONATED USE OF THE FACILITY DURING THE FISCAL YEAR ENDED 9/30/22 IS VALUES AT 27,600.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Wetzel Recording Di | 1 | $0 | |
Kristina Batalden Director | 1 | $0 | |
Katrina Forsmann Director | 1 | $0 | |
Marie Tracy Financial Pa | 1 | $0 | |
Jeanne Jensen Director | 1 | $0 | |
Kathy Mcdermott Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,559 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $173,559 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $112,625 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $27,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,548 |
| Total expenses | $158,773 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,859 |
| Other assets | $0 |
| Total assets | $58,039 |
| Total liabilities | $2,903 |
| Net assets or fund balances | $55,136 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Promise Ridge Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Idaho Community Foundation Inc Boise, ID PURPOSE: SUPPORT YOUR GREATEST NEEDS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pioneer Human Services Seattle, WA | $87,958,344 | $86,152,025 |
Hopelink Redmond, WA | $65,683,064 | $83,592,432 |
United Movement Inc Las Vegas, NV | $7,228,928 | $63,347,968 |
Nevada H A N D Inc Las Vegas, NV | $197,568,857 | $83,930,370 |
Opportunity Council Bellingham, WA | $28,866,104 | $56,313,907 |
St Vincent De Paul Society Of Lane County Inc Eugene, OR | $108,438,554 | $48,527,173 |
Lutheran Community Services Northwest SeaTac, WA | $32,992,754 | $47,700,677 |
Community Action Council Of Lewis Mason And Thurston Counties Lacey, WA | $20,227,354 | $41,866,003 |
Northwest Center Services Renton, WA | $14,390,014 | $45,339,525 |
Catholic Charities Of The Diocese Of Yakima Yakima, WA | $43,879,767 | $48,574,689 |
Asian Counseling And Referral Service Seattle, WA | $31,509,398 | $38,563,323 |
United Community Action Network Roseburg, OR | $19,756,217 | $31,545,773 |