FINDINGbalance, Inc.
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$84,370.00
Projected Expenses
$90,581.00
Organizational Budgets and Other Documents
| Projected Budget | 2023 |
| Projected Budget | 2022 |
| Projected Budget | 2021 |
| Projected Budget | 2020 |
| Projected Budget | 2019 |
| constance rhodes (ceo) cv | 2011 |
IRS Letter of Exemption
| findingbalance, inc. irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $83,799.00 | $73,770.00 | $59,483.00 |
| Total Expenses | $85,777.00 | $46,168.00 | $34,530.00 |
| Revenue Less Expenses | ($1,978.00) | $27,602.00 | $24,953.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| 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 | $79,442.00 | $73,476.00 | $43,180.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $4,109.00 | $294.00 | $16,303.00 |
| Investment Income, Net of Losses | $222.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $26.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $63,161.00 | $33,566.00 | $24,301.00 |
| Administration Expense | $20,638.00 | $12,602.00 | $10,229.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 100% | 160% | 172% |
| Program Expense/Total Expenses | 75% | 73% | 70% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $79,442.00 | Contributions, Gifts, Grants $73,476.00 | Contributions, Gifts, and Grants $43,180.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $4,109.00 | Program Revenue $294.00 | Program Events $16,303.00 |
| Third Highest Funding Source & Dollar Amount | Investment Income $222.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $57,016.00 | $55,979.00 | $28,964.00 |
| Current Assets | $57,016.00 | $55,979.00 | $28,964.00 |
| Long-Term Liabilities | $0.00 | $810.00 | $477.00 |
| Current Liabilities | $3,825.00 | $0.00 | $0.00 |
| Total Net Assets | $53,191.00 | $55,169.00 | $28,487.00 |
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?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
No audit documents are available at this time
CEO/Executive Director/Board Comments
| As we continue to serve more people, we must also continue to grow our staff (in size and health), as well as streams of income which can lead to increased sustainability, allowing us to direct donor funds toward future-projects rather than overhead. God continues to provide as a sizable grant was received in the third quarter of 2023 and we exceeded our 2022 year-end fundraising goal by 82%. Our goals as we head into 2024 include reaching a wider audience with the Christ-centered message of freedom from food and body image struggles, serving our constituents in a more direct way with an increased sense of community, and prayerfully adding more in-person gatherings. Our online course continues to be a modestly revenue-generating program, and our Old School Food Freedom podcast is greatly extending our reach and helping more people to learn about our free resources and groups, and promote the course. We are being intentional about developing long-term relationships with funders (corporate and individual) who share our passion for helping individuals find health and freedom from eating disorders. We are excited about the future and welcome any opportunity to share our story and dream together with others about the great things we can do together. |
Foundation Staff Comments
| Financials taken from the 990EZ. 990EZ completed by Keller & Owens, LLC. Comments Provided by Hayley Sulfridge 10/10/23. |
