Narrow Gate Foundation
Fiscal Year
Fiscal Year Start
01/01/2022
Fiscal Year End
12/31/2022
Projected Revenue
$1,968,300.00
Projected Expenses
$1,965,216.50
Organizational Budgets and Other Documents
Narrow Gate Budget 2022 | 2022 |
Narrow Gate Budget 2021 | 2021 |
Narrow Gate Budget 2020 | 2020 |
Narrow Gate Budget 2019 | 2019 |
Narrow Gate Budget 2018 | 2018 |
Narrow Gate Budget 2017 | 2017 |
Narrow Gate Budget 2016 | 2016 |
Narrow Gate Budget 2015 | 2015 |
Narrow Gate Budget 2014 | 2014 |
Narrow Gate Budget 2013 | 2013 |
Narrow Gate Budget 2012 | 2012 |
Narrow Gate Budget 2011 | 2011 |
IRS Letter of Exemption
narrow gate foundation irs ltr |
Detailed Financials
Revenue and Expenses
Fiscal Year | 2021 | 2020 | 2019 |
---|---|---|---|
Total Revenue | $2,973,441.00 | $2,843,528.00 | $2,232,935.00 |
Total Expenses | $2,780,011.00 | $2,525,607.00 | $2,029,133.00 |
Revenue Less Expenses | $193,430.00 | $317,921.00 | $203,802.00 |
Revenue Sources
Fiscal Year | 2021 | 2020 | 2019 |
---|---|---|---|
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 | $245,320.00 | $0.00 |
Individual Contributions | $2,069,977.00 | $1,851,530.00 | $1,765,743.00 |
Indirect Public Support | $0.00 | $0.00 | $0.00 |
Earned Revenue | $676,809.00 | $605,342.00 | $298,946.00 |
Investment Income, Net of Losses | $157.00 | $537.00 | $528.00 |
Membership Dues | $0.00 | $0.00 | $0.00 |
Special Events | $220,805.00 | $140,799.00 | $156,718.00 |
Revenue In-Kind | $5,693.00 | $0.00 | $11,000.00 |
Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
Fiscal Year | 2021 | 2020 | 2019 |
---|---|---|---|
Program Expense | $2,184,457.00 | $1,964,928.00 | $1,617,003.00 |
Administration Expense | $137,470.00 | $107,190.00 | $99,441.00 |
Fundraising Expense | $458,084.00 | $453,489.00 | $312,689.00 |
Total Revenue/Total Expenses | 107% | 113% | 110% |
Program Expense/Total Expenses | 79% | 78% | 80% |
Fundraising Expense/Contributed Revenue | 16% | 18% | 15% |
Top Funding Sources
Fiscal Year | 2021 | 2020 | 2019 |
---|---|---|---|
Top Funding Source & Dollar Amount | Contributions, Gifts, Grants $2,069,977.00 | Contributions, Gifts, and Grants $1,851,530.00 | Contributions, Gifts and Grants $1,765,743.00 |
Second Highest Funding Source & Dollar Amount | Program Revenue $676,809.00 | Program Revenue $605,342.00 | Program Revenue $298,946.00 |
Third Highest Funding Source & Dollar Amount | Fundraising Events $220,805.00 | Government Grants $245,320.00 | Fundraising Events $156,718.00 |
Assets and Liabilities
Fiscal Year | 2021 | 2020 | 2019 |
---|---|---|---|
Total Assets | $1,833,553.00 | $1,531,420.00 | $1,195,341.00 |
Current Assets | $1,061,837.00 | $687,467.00 | $553,972.00 |
Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Current Liabilities | $350,740.00 | $242,037.00 | $223,879.00 |
Total Net Assets | $1,482,813.00 | $1,289,383.00 | $971,462.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$30,000.00
What is the spending policy for your endowment?
Income Only
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
2023
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
Financial figures taken from 990. Foundation and corporate grants may be included in Individual Contributions sum, as these amounts are not separated in Form 990. 990 was prepared by Kraft CPAS, PLLC. Comments provided by Hayley Sulfridge 11/23/22. |