Fed By Faith
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$140,600.00
Projected Expenses
$135,447.00
Organizational Budgets and Other Documents
| Fed By Faith Operational Budget | 2024 |
| Fed By Faith 2023 Operational Budget | 2023 |
| Fed By Faith Budget | 2022 |
IRS Letter of Exemption
| IRS Letter | 2022 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $151,112.00 | $55,716.00 | $0.00 |
| Total Expenses | $61,158.00 | $36,412.00 | $0.00 |
| Revenue Less Expenses | $89,954.00 | $19,304.00 | ($-0.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $136,256.00 | $51,214.00 | $0.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $5,220.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $4,107.00 | $4,502.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $5,529.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $61,158.00 | $36,412.00 | $0.00 |
| Administration Expense | $0.00 | $0.00 | $0.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 247% | 153% | |
| Program Expense/Total Expenses | 100% | 100% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, & Grants $136,256.00 | Contributions, Gifts, and Grants $51,214.00 | $0.00 |
| Second Highest Funding Source & Dollar Amount | Other Revenue $5,529.00 | Fundraising Events $4,502.00 | $0.00 |
| Third Highest Funding Source & Dollar Amount | Program Revenue $5,220.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $109,258.00 | $19,304.00 | $0.00 |
| Current Assets | $109,258.00 | $19,304.00 | $0.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $0.00 | $0.00 | $0.00 |
| Total Net Assets | $109,258.00 | $19,304.00 | $0.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2025
Solicitations Permit
Form 990s
| Form 990EZ | 2023 |
| Feb By Faith 2022 990EZ | 2022 |
| Form 990N | 2021 |
Audit Documents
No audit documents are available at this time
Foundation Staff Comments
| Financials take from 990EZ. Foundation or corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in the 990EZ. In prior years, this organization filed a 990-N form with the IRS, which does not provide specific financial information. Most small tax-exempt organizations whose annual gross receipts are normally $50,000 or less are required to electronically submit Form 990-N, also known as the e-Postcard, unless they choose to file a complete Form 990 or Form 990-EZ instead. Comments by Hayley Sulfridge 8/26/24. |
