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Bold3 Coffee

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 824196996 ✦ Wayzata, MN ✦ Designated as a 501(c)(3)

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Overview

What is Bold3 Coffee?

Bold3 Coffee is a nonprofit organization based in Minnesota, operating a coffee cart at local events and gatherings. Their primary objective is to generate revenue from coffee sales, which they then channel back into their mission to propagate God's Word to children. Their operations involve various expenses such as rent, insurance, administrative costs, office supplies, software and technology, advertising, travel, dues, and business registration fees. Notably, Bold3 Coffee invests all their profits into their ministry, contributing positively to the community and spreading spiritual messages to children in an innovative way.


Official website here: www.bold3.org

Is Bold3 Coffee legitimate?

Bold3 Coffee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bold3 Coffee submitted a form 990EZ, 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.


Official website here: www.bold3.org

What is the mission statement of Bold3 Coffee?

Bold3 Coffee's mission is centered around operating a coffee cart at local events and gatherings in Minnesota. The primary objective is to sell coffee, with the unique distinction of reinvesting all the earnings into a ministry aimed at spreading God's Word to children. The coffee business incurs various expenses, including rent, insurance, administrative costs, office supplies, software and technology, advertising, travel, dues and subscriptions, and business registration fees and licenses. The earnings from the coffee sales are utilized to further their mission of spreading spiritual messages to children.


Official website here: www.bold3.org

Who is the CEO of Bold3 Coffee?

Unavailable


Official website here: www.bold3.org

What is the revenue of Bold3 Coffee?

Bold3 Coffee's revenue in 2022 was $31,963.


Official website here: www.bold3.org

Who are the executives of Bold3 Coffee and what are their salaries?


Here are 5 key members and their salaries:


Jessica Norring (President - Director Of Ministry Development)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Norring (Secretary - Director Of Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Geier (Treasurer - Director Of Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Geier (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Geier (Vice Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bold3.org

Where can I find the form 990EZ for Bold3 Coffee?

Bold3 Coffee's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.bold3.org

Learn more at the official website: www.bold3.org

Mission Statement of Bold3 Coffee

Bold3 Coffee, a nonprofit organization, is dedicated to selling coffee at local events and gatherings in Minnesota. The primary objective of this venture is to generate revenue, which is then reinvested into the ministry to disseminate God's Word among children. The operation involves various expenses, such as rent, insurance, administrative costs, office supplies, software and technology expenses, advertising and promotion costs, travel expenses, dues and subscriptions, and business registration fees and licenses. Despite these expenses, Bold3 Coffee's mission is centered around using the proceeds from coffee sales to contribute to the spread of religious teachings among children.

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Impact




August, 2024

Bold3 Coffee's impact lies in its unique approach to spreading God's Word to children through a coffee cart operation at local events and gatherings in Minnesota. By selling coffee and reinvesting all proceeds back into the ministry, Bold3 Coffee not only provides a delicious beverage but also supports a meaningful cause. The organization's presence at these events creates opportunities for engagement and conversation, fostering connections and spreading positivity within the community. Through their work, Bold3 Coffee is able to reach out to individuals in a non-traditional setting, making a lasting impact on those they serve.




This information is meant to be a general summary of Bold3 Coffee. 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.

Revenue
$31,963 (2022)
Expenses
$20,067 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3
  • Gross Receipts: $80,573

Assets and Liabilities:

  • Total Assets: $57,795
  • Total Liabilities: $8,529
  • Net Assets: $49,266

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Organization Details

Main Address

229 Minnetonka Ave S 817, WAYZATA, MN, 553910817

NTEE Category

Code: X99 - Religion related

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