Stone Soup Pdx
- Assets
- $903.7k
- Revenue
- $875.3k
- Investments
- $0.0
- Employees
- 31
- Location
- Portland, OR
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-2501091
Organization Overview
Stone Soup Pdx, operating under the name Stone Soup, is located in Portland, OR. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Stone Soup employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stone Soup 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, Stone Soup generated $875.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
STONE SOUP EMPOWERS PEOPLE EXPERIENCING BARRIERS TO EMPLOYMENT TO ACHIEVE SELF-RELIANCE THROUGH TRAINING FOR CAREERS IN THE FOOD SERVICE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, STONE SOUP CONTINUED TO FULFILL OUR MISSION OF TRAINING THOSE WITH BARRIERS TO EMPLOYMENT. WE WERE ABLE TO ENROLL 41 JOB TRAINING PARTICIPANTS DURING 2023 AND OF THOSE WHO GRADUATED FROM THE PROGRAM, 50% WERE ABLE TO FIND WORK WITHIN THREE MONTHS OF GRADUATION. THE PROGRAM'S POPULARITY AND SOLID REPUTATION IS EVIDENCED BY A FOUR-MONTH WAITLIST TO ENTER THE PROGRAM. IN 2023, WE CONTINUED TO IMPROVE WRAP-AROUND SERVICES BY EXPANDING SERVICES AVAILABLE TO BOTH CURRENT PARTICIPANTS AND OUR ALUMNI NETWORK.
IN 2023, STONE SOUP CONTINUED OUR COMMUNITY MEALS PROGRAM, PREPARING AND DELIVERING MEALS TO SHELTERS, RESIDENTIAL FACILITIES, DAY CENTERS AND SCHOOLS. THESE MEALS DELIVERED TO FOOD INSECURE INDIVIDUALS CONTINUED TO PROVIDE A MISSION-DRIVEN SOURCE OF INCOME AND A SOLID PLATFORM TO TRAIN OUR CULINARY TRAINING PARTICIPANTS. IN 2023, WAS ABLE TO PREPARE AND DELIVER 46,382 MEALS. NOT ONLY DID THESE MEALS HELP FEED INDIVIDUALS EXPERIENCING FOOD INSECURITY, BUT THEY ALSO PROVIDED A MEANINGFUL COMMUNITY CONNECTION TO NONPROFIT-RUN SHELTERS AND TREATMENT FACILITIES, WHICH ARE ALSO AVAILABLE TO HIRE STONE SOUP GRADUATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arielle Clark President | OfficerTrustee | 5 | $0 |
Glen Levy Treasurer | OfficerTrustee | 5 | $0 |
Rachel Haig Secretary | OfficerTrustee | 5 | $0 |
Bruce Burger Member | Trustee | 5 | $0 |
Jason Powell Member | Trustee | 5 | $0 |
Ronit Gerard Member | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stenberg Coffee Beverage Services To Multnomah County Sh | 12/30/21 | $250,931 |
Feed The Mass Meal Services To Multnomah County Shelte | 12/30/21 | $205,026 |
Sdg North Llc Meal Services To Multnomah County Shelte | 12/30/21 | $157,423 |
Hungry Heart Meal Services To Multnomah County Shelte | 12/30/21 | $151,040 |
Water Avenue Coffee Beverage Services To Multnomah County Sh | 12/30/21 | $148,231 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $51,076 |
| All other contributions, gifts, grants, and similar amounts not included above | $218,931 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,007 |
| Total Program Service Revenue | $385,466 |
| Investment income | $4,998 |
| 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 | $214,819 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $875,290 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $57,804 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,863 |
| Compensation of current officers, directors, key employees. | $76,067 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $616,797 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,096 |
| Payroll taxes | $78,160 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,750 |
| Fees for services: Accounting | $46,183 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,161 |
| Advertising and promotion | $3,748 |
| Office expenses | $77,345 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,311 |
| Travel | $4,685 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,861 |
| Insurance | $18,017 |
| All other expenses | $0 |
| Total functional expenses | $1,188,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $710,477 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $101,892 |
| 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 | $680 |
| Net Land, buildings, and equipment | $69,131 |
| Investments—publicly traded securities | $10,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,490 |
| Total assets | $903,670 |
| Accounts payable and accrued expenses | $0 |
| 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 | $9,047 |
| Total liabilities | $9,047 |
| Net assets without donor restrictions | $0 |
| 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 | $894,623 |
| Total liabilities and net assets/fund balances | $903,670 |