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Nonprofiteer
← KARIS INC

Form 990 for tax year 2022

Filed by KARIS INC.

Totals

Total revenue
$2,744,434
Total expenses
$2,763,825
Contributions and grants received
$2,460,254
Grants paid
$0
Program service revenue
$282,476
Investment income
$0
Other revenue
$1,704
Total assets, end of year
$5,017,598
Total liabilities, end of year
$1,233,112
Net assets or fund balances, end of year
$3,784,486
Program services expenses (Part IX)
$2,262,486
Management and general expenses
$493,790
Fundraising expenses
$7,549
Program service expenses (Part III)
$2,262,486

Program services were 81.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,749,376

  • 1f · All other contributions, gifts and grants

    $710,878

  • 1g · Noncash contributions included above

    $91,224

  • 2a · Program service revenue: SERVICE REIMBURSEMENTS

    total $234,871 · related or exempt $234,871

  • 2b · Program service revenue: PROGRAM RENT INCOME

    total $47,605 · related or exempt $47,605

  • 11a · Other revenue: OTHER INCOME

    total $1,674 · related or exempt $1,674

  • 11b · Other revenue: INTEREST INCOME

    total $30 · related or exempt $30

  • 11e · Other revenue, total

    $1,704

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $1,536,510 · program services $1,246,181 · management and general $290,329

  • 8 · Pension plan contributions

    total $6,120 · program services $2,844 · management and general $3,276

  • 9 · Other employee benefits

    total $141,735 · program services $120,299 · management and general $21,436

  • 10 · Payroll taxes

    total $132,414 · program services $107,598 · management and general $24,816

  • 11g · Fees: other

    total $102,747 · program services $50,771 · management and general $51,976

  • 16 · Occupancy

    total $184,150 · program services $171,573 · management and general $12,577

  • 17 · Travel

    total $16,228 · program services $11,897 · management and general $4,331

  • 20 · Interest

    total $20,671 · program services $20,671

  • 22 · Depreciation, depletion and amortization

    total $65,102 · program services $65,102

  • 23 · Insurance

    total $155,915 · program services $144,893 · management and general $11,022

  • 24a · Other expenses: YOUTH FOOD & SUPPLIES

    total $164,108 · program services $136,324 · management and general $27,784

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $79,962 · program services $78,515 · management and general $1,447

  • 24c · Other expenses: TEEN SERVICES

    total $41,011 · program services $40,793 · management and general $218

  • 24d · Other expenses: VOLUNTEER EXPENSES

    total $35,556 · program services $17,249 · management and general $18,307

  • 24e · All other expenses

    total $81,596 · program services $47,776 · management and general $26,271 · fundraising $7,549

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $261,383 · end of year $308,052

  • 3 · Pledges and grants receivable

    beginning of year $562,671 · end of year $249,791

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,600 · end of year $10,326

  • 10a · Land, buildings and equipment: cost or other basis

    $3,163,588

  • 10b · Land, buildings and equipment: accumulated depreciation

    $378,621

  • 10c · Land, buildings and equipment, net

    beginning of year $1,857,496 · end of year $2,784,967

  • 15 · Other assets

    beginning of year $1,684,309 · end of year $1,664,462

  • 17 · Accounts payable and accrued expenses

    beginning of year $116,514 · end of year $161,535

  • 23 · Secured mortgages and notes payable

    beginning of year $457,068 · end of year $1,071,577

  • 27 · Net assets without donor restrictions

    beginning of year $3,782,240 · end of year $3,784,486

  • 28 · Net assets with donor restrictions

    beginning of year $21,637

Mission and programs · 2022

Mission

PROVIDE HOUSING AND ASSISTANCE TO HOMELESS INDIVIDUALS, FAMILIES, AND TEENS WHO ARE MOVING AGRESSIVELY TOWARDS SELF-SUFFICIENCY

  • EMERGENCY SERVICES WHICH PROVIDES TEMPORARY SAFE SHELTER FOR HOMELESS YOUTH. THEHOUSE PROVIDES COUNSELING, EMOTIONAL SUPPORT, AND GUIDANCE TO HELP THEM ESTABLISH A STABLE AND PRODUCTIVE LIFE SITUATION.

    Expenses $616,915

  • TRANSITIONAL LIVING FOR ESTABLISHING PERMANENT AND POSITIVE RELATIONSHIPS, A FULL SUITE OF MENTAL HEALTH AND PHYSICAL HEALTH SERVICES, AND FOLLOW-UP SERVICES THAT EXTEND WELL PAST THE REQUIRED 90 DAYS.

    Expenses $626,829

  • STREET OUTREACH MEETS THE NEEDS OF TWO UNDERSERVED POPULATIONS; YOUNG ADULTS AGED 18-24 AND THOSE WHO IDENTIFY AS LGBTQ.

    Expenses $366,850

  • PERMANENT SUPPORTIVE HOUSING WHICH PROVIDES VOUCHER-BASED HOUSING FOR YOUTH AND ADULTS.

    Expenses $651,892

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Randall Cupp

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Cindy Dickey

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • George Gromke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Nancy Hackett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Karoline Henning

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Brian Hollingsworth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Terri Walter

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Laurel Walters

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • SOJOURNERS LLC

    REAL ESTAT · CO

    Directly controlled by KARIS INC

  • KARIS GP LLC

    REAL ESTAT · CO

    Directly controlled by KARIS INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • KARIS DEVELOPMENT LLC

    RELATED · REAL ESTAT · CO · general or managing partner

    Directly controlled by KARIS INC

  • KARIS APARTMENTS LLLP

    RELATED · HOUSING · CO · general or managing partner

    Directly controlled by KARIS GP

Provenance

Return type
form_990
Tax year
2022
Filed
15 August 2024
IRS schema version
2022v5.0
Source object
202412289349303936

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