Form 990 for tax year 2022
Filed by THE MUSTARD SEED PROJECT OF KEY PENINSULA.
Totals
- Total revenue
- $650,366
- Total expenses
- $1,571,703
- Contributions and grants received
- $358,123
- Grants paid
- $0
- Program service revenue
- $165,423
- Investment income
- $115,636
- Other revenue
- $11,184
- Total assets, end of year
- $15,918,126
- Total liabilities, end of year
- $8,646,043
- Net assets or fund balances, end of year
- $7,272,083
- Program services expenses (Part IX)
- $1,326,994
- Management and general expenses
- $125,090
- Fundraising expenses
- $119,619
- Program service expenses (Part III)
- $1,326,994
Program services were 84.4% 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.
-
1c · Fundraising events
$114,645
-
1e · Government grants (contributions)
$59,893
-
1f · All other contributions, gifts and grants
$183,585
-
2a · Program service revenue: RESIDENT CARE SERVICE REVENUE
total $88,490 · related or exempt $88,490
-
2b · Program service revenue: TRANSPORTATION
total $76,933 · related or exempt $76,933
-
3 · Investment income
total $115,636 · excluded $115,636
-
6a · Gross rents
real property $26,213
-
6c · Rental income or loss
real property $26,213
-
6d · Net rental income or loss
total $26,213 · excluded $26,213
-
8a · Fundraising events: gross income
$12,073
-
8a · Fundraising events: contributions included on line 1c
$114,645
-
8b · Fundraising events: direct expenses
$27,102
-
8c · Net income from fundraising events
total -$15,029 · excluded -$15,029
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $98,190 · program services $58,914 · management and general $14,729 · fundraising $24,547
-
7 · Other salaries and wages
total $280,520 · program services $192,994 · management and general $32,967 · fundraising $54,559
-
8 · Pension plan contributions
total $4,866 · program services $3,427 · management and general $543 · fundraising $896
-
9 · Other employee benefits
total $8,488 · program services $5,650 · management and general $1,067 · fundraising $1,771
-
10 · Payroll taxes
total $50,213 · program services $33,426 · management and general $6,314 · fundraising $10,473
-
11b · Fees: legal
total $250 · management and general $250
-
11c · Fees: accounting
total $21,184 · management and general $21,184
-
11g · Fees: other
total $400,912 · program services $393,125 · management and general $7,787
-
12 · Advertising and promotion
total $5,716 · program services $5,118 · fundraising $598
-
13 · Office expenses
total $19,565 · program services $11,376 · management and general $6,785 · fundraising $1,404
-
14 · Information technology
total $8,353 · program services $1,910 · management and general $2,572 · fundraising $3,871
-
16 · Occupancy
total $18,726 · program services $16,611 · management and general $1,538 · fundraising $577
-
20 · Interest
total $285,255 · program services $281,818 · management and general $2,500 · fundraising $937
-
22 · Depreciation, depletion and amortization
total $83,956 · program services $65,486 · management and general $13,433 · fundraising $5,037
-
23 · Insurance
total $27,079 · program services $19,446 · management and general $7,633
-
24a · Other expenses: PROGRAM EXPENSE
total $207,598 · program services $207,598
-
24b · Other expenses: REPAIR AND MAINTENANCE
total $19,667 · program services $15,340 · management and general $3,147 · fundraising $1,180
-
24e · All other expenses
total $31,165 · program services $14,755 · management and general $2,641 · fundraising $13,769
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $341,335 · end of year $6,216
-
2 · Savings and temporary cash investments
beginning of year $618,657 · end of year $514,029
-
3 · Pledges and grants receivable
beginning of year $36,204 · end of year $8,129
-
4 · Accounts receivable
end of year $31,474
-
9 · Prepaid expenses and deferred charges
end of year $42,474
-
10a · Land, buildings and equipment: cost or other basis
$13,389,478
-
10b · Land, buildings and equipment: accumulated depreciation
$171,671
-
10c · Land, buildings and equipment, net
beginning of year $8,458,658 · end of year $13,217,807
-
11 · Investments: publicly traded securities
beginning of year $2,653,865 · end of year $2,097,997
-
17 · Accounts payable and accrued expenses
beginning of year $1,706,956 · end of year $194,852
-
19 · Deferred revenue
end of year $48,374
-
23 · Secured mortgages and notes payable
beginning of year $2,208,343 · end of year $8,402,817
-
27 · Net assets without donor restrictions
beginning of year $4,725,633 · end of year $4,759,606
-
28 · Net assets with donor restrictions
beginning of year $3,467,787 · end of year $2,512,477
Mission and programs · 2022
Mission
TO ENSURE CHOICES FOR HEALTHY AGING ON THE KEY PENINSULA BY CONNECTING ELDERS WITH INNOVATIVE PROGRAMS AND RESOURCES.
-
TO ENSURE THAT KEY PENINSULA SENIORS MAY AGE IN PLACE SAFELY IN THEIR HOMES AND COMMUNITY OF CHOICE BY PROVIDING SUPPORT SERVICES, INNOVATIVE PROGRAMS, AND RESOURCES FOR HEALTHY AGING. WE UTILIZE VOLUNTEERS TO PROVIDE A WIDE RANGE OF SERVICES, INCLUDING AGE IN PLACE SERVICES, HEALTH AND WELLNESS, PERSONAL GROWTH AND EDUCATION, RESOURCE DISTRIBUTION, AND RECREATION AND SOCIALIZATION, AND ASSISTED LIVING HOUSING PROGRAMS. IN FY 22-23, WE SERVED MORE THAN 1,700 SENIORS, DELIVERING 10,000 INSTANCES OF SERVICE, INCLUDING DRIVING 22,000 MILES TO TAKE SENIORS TO CRITICAL DOCTOR APPOINTMENTS AND ERRANDS.
Expenses $1,326,994 · Revenue $165,423
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Eric BlegenERIC BLEGEN
EXECUTIVE DI
- Total calculated
- $91,204
- From this org
- $88,548
- From related orgs
- $0
- Other
- $2,656
- Hours/week
- 40
-
Robert McCrossinROBERT MCCROSSIN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Anne NesbitANNE NESBIT
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
David BrowerDAVID BROWER
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Angela MattisonANGELA MATTISON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Norm McLoughlinNORM MCLOUGHLIN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lisa DunhamLISA DUNHAM
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ann ShoemakerANN SHOEMAKER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marie SmurthwaiteMARIE SMURTHWAITE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alan GolstonALAN GOLSTON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark CockerillMARK COCKERILL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421239349302007
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