Beans Cafe Inc

Organization Overview

Beans Cafe Inc is located in Anchorage, AK. The organization was established in 1979. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Beans Cafe Inc employed 288 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beans Cafe 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 06/2021, Beans Cafe Inc generated $14.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $8.5m during the year ending 06/2021. While expenses have increased by 20.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE LIVES OF INDIGENT PEOPLE OF ANCHORAGE, ALASKA BY PROVIDING NUTRITIOUS MEALS, SOCIAL SERVICE REFERRALS, AND A COMFORTABLE SAFE PLACE IN WHICH TO ESCAPE FROM THE ELEMENTS.

Describe the Organization's Program Activity:

SOCIAL SERVICES - THE SOCIAL SERVICES PROGRAM PROVIDES DIRECT ASSISTANCE AND REFERRAL FOR CLIENTS SEEKING EMPLOYMENT, TRANSPORTATION, HOUSING, MEDICAL, LEGAL, ALCOHOL OR DRUG REHABILITATION AND EDUCATIONAL OPPORTUNITIES. IN COLLABORATION WITH A VARIETY OF COMMUNITY AGENCIES, ADDITIONAL EMERGENCY AND LONG TERM ASSISTANCE ARE PROVIDED FOR THOSE REQUIRING MENTAL HEALTH, VETERAN'S ASSISTANCE, DISABILITY, FINANCIAL AND CASE MANAGEMENT SERVICES.


ADULT MEALS - BEAN'S CAFE PROVIDES BREAKFAST, HOT LUNCH, AND HOT AND COLD BEVERAGES AND WARM DAY SHELTER DURING THE DAY AS A SAFE ALTERNATIVE TO THE STREETS, 24 HOURS A DAY 365 DAYS PER YEAR.


CHILDREN'S MEALS - CHILDREN'S MEALS PROGRAM IS DESIGNED TO BUILD STRONG AND HEALTHY FOUNDATIONS FOR CHILDREN TO INCREASE PRODUCTIVITY AND ENHANCE SCHOOL AGE LEARNING AT SCHOOL AND THROUGHOUT THE DAY. PREPARED MEALS ARE PROVIDED DURING THE SCHOOL YEAR AND DELIVERED TO ALTERNATIVE GRADE SCHOOLS, HIGH SCHOOLS, AFTER SCHOOL PROGRAMS, AND EARLY MORNING PROGRAMS, AS WELL AS PARENTING CLASSES. AN EMPHASIS IS MADE TO EXPOSE THE KIDS TO DELICIOUS FOOD THAT WILL GIVE THEM THE NUTRIENTS THEY NEED FOR THEIR GROWING BODIES AND MINDS. THE IDEA BEING THAT WHAT THE KIDS EAT TODAY WILL AFFECT WHAT THEY EAT AS ADULTS. THE PROGRAM CONTINUES IN THE SUMMER MONTHS THROUGH VARIOUS SUMMER ENRICHMENT PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Lisa Sauder
CEO
$123,000
Scott Lingle
COO
$85,000
Steve Williams
Past Chair
$0
Bernie Washington
Treasurer
$0
Debbie Reinwand-Mcguire
Vice Chair
$0
Johnathan Hornak
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dimond Center Security
Security Services
$984,580
Phoenix Protective Corp
Security Services
$468,488
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$13,879
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $851,246
All other contributions, gifts, grants, and similar amounts not included above$3,831,800
Noncash contributions included in lines 1a–1f $1,094
Total Revenue from Contributions, Gifts, Grants & Similar$4,696,925
Total Program Service Revenue$9,223,942
Investment income $10,263
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $101,175
Net Gain/Loss on Asset Sales $1,908
Net Income from Fundraising Events $2,114
Net Income from Gaming Activities $31,247
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,067,574

Grants Recieved

Over the last fiscal year, we have identified 16 grants that Beans Cafe Inc has recieved totaling $161,058.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$42,200
$22,650
$17,030
Food Research & Action Center Inc

Washington, DC

PURPOSE: Federal Nutrition

$11,069
Give Back Foundation

Madison, WI

PURPOSE: PROGRAM SUPPORT

$10,561
Gottstein Family Foundation

Anchorage, AK

PURPOSE: THE GRANT WAS TO A PUBLIC CHARITY TO SUPPORT ITS GENERAL CHARITABLE PURPOSE.

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$13,422
Earnings$1,364
Admin Expense-$162
Ending Balance$14,624

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