Overview
What is The Faith Inkubators Foundation?
The Faith Inkubators Foundation, headquartered at 201 Burlington Street East, Stillwater, Minnesota, is a nonprofit organization dedicated to fostering faith, promoting community, and nurturing leaders. They have achieved significant financial growth by selling their intellectual property to Rich Learning International, Inc. for $340,000. The foundation's core mission revolves around incubating faith, fostering community, and equipping leaders, working tirelessly to achieve these goals.
Is The Faith Inkubators Foundation legitimate?
The Faith Inkubators Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Faith Inkubators Foundation 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Faith Inkubators Foundation?
The Faith Inkubators Foundation's mission is centered around three key objectives. Primarily, it aims to foster faith within individuals. Secondly, the foundation strives to build community among its members. Lastly, it is dedicated to equipping leaders, providing them with the necessary tools and resources to make a positive impact.
Who is the CEO of The Faith Inkubators Foundation?
Arlyce Melheim is the Principal Officer of The Faith Inkubators Foundation.
What is the revenue of The Faith Inkubators Foundation?
The Faith Inkubators Foundation's revenue in 2022 was $344,590.
Who are the executives of The Faith Inkubators Foundation and what are their salaries?
There 3 volunteers at The Faith Inkubators Foundation.
Here are 3 key members and their salaries:
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Where can I find the form 990 for The Faith Inkubators Foundation?
The Faith Inkubators Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Faith Inkubators Foundation
The Faith Inkubators Foundation, as its name suggests, is devoted to incubating faith and fostering community. Their mission is multifaceted, aiming to not only cultivate faith but also create a sense of community. Additionally, the foundation is committed to equipping leaders, implying that they aim to develop individuals who can effectively lead and inspire others. This mission is reflected in their activities and objectives, aiming to foster a strong spiritual foundation and a sense of unity among their community members. The foundation's dedication to this mission has led to the sale of their intellectual property to Rich Learning International, Inc., for a sum of $340,000, demonstrating the value and impact of their mission.
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Impact
October, 2024
The Faith Inkubators Foundation fosters significant growth and empowerment among young individuals through its worship arts awards. By providing grants, the foundation encourages the development of innovative resources and funding for education. Its mission centers around incubating faith, creating community, and equipping leaders, resulting in a vibrant network that nurtures the next generation. This initiative not only supports artistic expression but also builds a strong foundation for young people to develop their leadership skills and engage meaningfully with their communities. Through its efforts, the foundation cultivates an environment where faith-driven creativity can flourish, ultimately enriching both individual lives and the broader community in Stillwater, MN, and beyond.
This information is meant to be a general summary of The Faith Inkubators Foundation. 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.
- Investment Income: $340,000
- Gross Receipts: $344,590
Assets and Liabilities:
- Total Assets: $340,009
- Total Liabilities: $358,769
- Net Assets: -$18,760
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Organization Details
Founding Year
2004
Phone
(651) 430-0762Principal Officer
Arlyce Melheim
Main Address
201 BURLINGTON ST E, STILLWATER, MN, 550826247
NTEE Category
Code: X990 - Religion related
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