Overview
What is Seventh Street Coffee Inc?
Seventh Street Coffee Inc, operating under the name Katie's Cup Coffee Bar, is a nonprofit organization situated in Rockford, Illinois. Its primary mission is to serve as a community gathering space, fostering meaningful discussions on faith and life. The organization is committed to creating a comfortable and welcoming atmosphere in a challenging neighborhood. Apart from coffee and food, Katie's Cup Coffee Bar offers resources such as books, music, art, and entertainment. Additionally, the nonprofit supports other not-for-profit organizations and church groups by offering them the opportunity to utilize its facilities. With a team of 12 dedicated individuals, Seventh Street Coffee Inc continues to contribute positively to the midtown district of Rockford.
Official website here: www.katiescup.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
Seventh Street Coffee Inc has received a 76% rating from Charity Navigator, indicating a good performance in accountability and finance. The charity's score is based solely on a single beacon score, showcasing its strong financial practices. The organization boasts a 100% independent board, which reflects a commitment to governance and oversight.
The nonprofit has demonstrated excellent financial health, with no material diversion of assets reported. Additionally, it maintains a perfect program expense ratio, allocating all its expenses to its programs, suggesting effective use of resources towards its mission. The organization also fulfills transparency requirements by listing its website on tax forms and documenting board meeting minutes.
While the overall score is commendable, the single-beacon focus may imply limited evaluation of other performance aspects. However, the strengths in governance and financial management position Seventh Street Coffee Inc as a reliable nonprofit in its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Seventh Street Coffee Inc legitimate?
Seventh Street Coffee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seventh Street Coffee Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,003
For more financial information, click here
Official website here: www.katiescup.com
What is the mission statement of Seventh Street Coffee Inc?
Seventh Street Coffee Inc, operating under the name Katie's Cup Coffee Bar, aims to serve as a community gathering space. Its primary mission is to foster a sense of community in a challenged neighborhood by providing a welcoming environment. The coffee shop promotes meaningful discussions on faith and life, offering a comfortable and hospitable space. It also welcomes the use of its facilities by various non-profit organizations and church groups, adhering to a business philosophy that prioritizes community engagement.
Official website here: www.katiescup.com
Who is the CEO of Seventh Street Coffee Inc?
Mariel Heinke is the President of Seventh Street Coffee Inc.
Official website here: www.katiescup.com
What is the revenue of Seventh Street Coffee Inc?
Seventh Street Coffee Inc's revenue in 2022 was $210,283.
Official website here: www.katiescup.com
Who are the executives of Seventh Street Coffee Inc and what are their salaries?
The average compensation at Seventh Street Coffee Inc during 2022 was $8,250. There are 12 employees and 50 volunteers at Seventh Street Coffee Inc.
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Official website here: www.katiescup.com
Where can I find the form 990 for Seventh Street Coffee Inc?
Seventh Street Coffee Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.katiescup.com
Learn more at the official website: www.katiescup.com
Mission Statement of Seventh Street Coffee Inc
Seventh Street Coffee Inc, operating as Katie's Cup Coffee Bar, is dedicated to serving as a community gathering space. Its mission is to foster a sense of community in a challenged neighborhood, located in the midtown district, by providing a welcoming and hospitable environment. The nonprofit organization aims to encourage timely discussions on faith and life, and it houses a variety of resources such as coffee, food, books, music, art, and entertainment. Seventh Street Coffee Inc embraces a business philosophy that encourages the usage of its facilities by other not-for-profit organizations and church groups, further contributing to the community-building efforts in the area.
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Impact
October, 2024
Seventh Street Coffee Inc plays a vital role in the midtown district of Rockford, Illinois, by offering a welcoming space that fosters community engagement and connection. Operating as Katie's Cup Coffee Bar, it transcends the typical coffee shop experience, creating an environment where conversations about faith and life can flourish.
The establishment serves as a comfortable gathering spot, rich in resources like coffee, food, books, music, and art, which together create a vibrant atmosphere for individuals and groups to convene. Particularly in a challenged neighborhood, Seventh Street Coffee Inc emphasizes the importance of hospitality, making it a safe haven where people can come together to share experiences, ideas, and support.
By encouraging the use of its facilities by other non-profit organizations and church groups, Seventh Street Coffee Inc enriches the community fabric, helping to address local needs and promote collaboration among various community stakeholders. Its commitment to building relationships and fostering a sense of belonging contributes significantly to the overall well-being and resilience of the neighborhood.
This information is meant to be a general summary of Seventh Street Coffee Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $97,551
- Gross Receipts: $210,283
Assets and Liabilities:
- Total Assets: $33,601
- Total Liabilities: $0
- Net Assets: $33,601
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales of coffee, food, rent
Revenue
$97,551
Organization Details
Founding Year
2012
Phone
(815) 986-0628Principal Officer
Mariel Heinke
Main Address
502 SEVENTH STREET, ROCKFORD, IL, 61104
Website
www.katiescup.comNTEE Category
Code: P28 - Human services
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