Totals
- Total revenue
- $687,273
- Total expenses
- $802,224
- Contributions and grants received
- $220,819
- Grants paid
- $0
- Program service revenue
- $200,371
- Investment income
- $107,081
- Other revenue
- $159,002
- Total assets, end of year
- $3,583,947
- Total liabilities, end of year
- $443,506
- Net assets or fund balances, end of year
- $3,140,441
- Program services expenses (Part IX)
- $522,761
- Management and general expenses
- $215,606
- Fundraising expenses
- $63,857
- Program service expenses (Part III)
- $522,761
Program services were 65.2% 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.
-
1f · All other contributions, gifts and grants
$220,819
-
2a · Program service revenue: Men's Program
total $54,599 · related or exempt $54,599
-
2b · Program service revenue: Senior Program
total $50,932 · related or exempt $50,932
-
2c · Program service revenue: Immigrant Program
total $38,847 · related or exempt $38,847
-
2d · Program service revenue: Sustainable Housing Pr
total $27,680 · related or exempt $27,680
-
2e · Program service revenue: Family Program
total $24,081 · related or exempt $24,081
-
2f · All other program service revenue
total $4,232 · related or exempt $4,232
-
3 · Investment income
total $106,056 · excluded $106,056
-
7a · Gross sales of assets other than inventory
other assets $1,025
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $1,025
-
7d · Net gain or loss
total $1,025 · related or exempt $1,025
-
11a · Other revenue: ERC
total $157,357 · excluded $157,357
-
11b · Other revenue: Other
total $1,645 · related or exempt $1,645
-
11e · Other revenue, total
$159,002
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $80,795 · program services $64,636 · management and general $16,159
-
7 · Other salaries and wages
total $305,218 · program services $257,544 · management and general $19,330 · fundraising $28,344
-
9 · Other employee benefits
total $45,546 · program services $39,832 · management and general $411 · fundraising $5,303
-
10 · Payroll taxes
total $36,027 · program services $31,773 · management and general $2,100 · fundraising $2,154
-
11g · Fees: other
total $2,429 · fundraising $2,429
-
12 · Advertising and promotion
total $1,160 · program services -$420 · management and general $925 · fundraising $655
-
16 · Occupancy
total $7,417 · program services $990 · management and general $6,427
-
22 · Depreciation, depletion and amortization
total $90,510 · management and general $90,510
-
23 · Insurance
total $37,971 · program services $41,402 · management and general -$3,431
-
24a · Other expenses: Repairs & Maintenance
total $73,600 · program services $52,336 · management and general $21,264
-
24b · Other expenses: Professional Services
total $51,938 · program services $34 · management and general $32,104 · fundraising $19,800
-
24c · Other expenses: Equipment Rental and ma
total $14,620 · management and general $14,620
-
24d · Other expenses: Training
total $13,875 · program services $11,110 · management and general $2,765
-
24e · All other expenses
total $41,118 · program services $23,524 · management and general $12,422 · fundraising $5,172
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $685,627 · end of year $503,682
-
2 · Savings and temporary cash investments
beginning of year $927,581 · end of year $976,183
-
4 · Accounts receivable
beginning of year $14,676 · end of year $4,112
-
10a · Land, buildings and equipment: cost or other basis
$3,347,879
-
10b · Land, buildings and equipment: accumulated depreciation
$1,247,909
-
10c · Land, buildings and equipment, net
beginning of year $2,067,334 · end of year $2,099,970
-
17 · Accounts payable and accrued expenses
beginning of year $12,292 · end of year $16,259
-
23 · Secured mortgages and notes payable
beginning of year $405,456 · end of year $405,456
-
25 · Other liabilities
beginning of year $22,078 · end of year $21,791
-
27 · Net assets without donor restrictions
beginning of year $2,327,810 · end of year $2,164,257
-
28 · Net assets with donor restrictions
beginning of year $927,582 · end of year $976,184
Mission and programs · 2023
Mission
To help people overcome the cycle of poverty and homelessness, secure stable, long-term housing, and achieve a self-directed vision for their lives.
-
Ithaka provides safe, affordable, and supportive transitional housing services for an estimated 100 residents; including seniors, immigrants, families in housing crisis, those leaving incarceration and those exiting homelessness. Ithaka has been housing low-income members of our community for 40 years. We are committed to providing support and community to all our residents so that they can achieve a self-determined vision for their own lives.
Expenses $522,761 · Revenue $203,041
As filed on the 2023 return.
Listed in Part VII
-
Amner Carmona Molina
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Brent Sabati
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Patty Froehle
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Frank Sinclair
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Mackenzie Tamayo
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Deborah Williams
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Justin Buckner
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Larry Boatright
Executive Director
- Total calculated
- $80,795
- From this org
- $80,795
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 2023
- Filed
- 27 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402099349300100
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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