I58 Network EIN 20-8248709

I58 Network FY2023 filing

EIN  20-8248709 Public charity (501(c)(3)) Arvada, CO
Form 990 (PDF)
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Size
<$100K
What they do
Supports new charities with resources and oversight until they can thrive independently.
Leadership
Amanda Beck · Director
Money in and out
$29K revenue, $71K expenses
Bottom line
93% program efficiency

Supports new charities with resources and oversight until they can thrive independently. For fiscal year 2023 it reported $29K in revenue, $71K in expenses, and $24K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$29K
Pt VIII · Ln 12
Total expenses
$71K
Pt IX · Ln 25
Net assets
$24K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$42K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs
Operating runway
4.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-144%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$29K
FY2023▼ -71%
Expenses
$71K
FY2023▼ -13%
Total assets
$26K
FY2023▼ -61%
Total liabilities
$2K
FY2023
Total revenue
$29K
Pt VIII · Ln 12
Total expenses
$71K
Pt IX · Ln 25
Net assets
$24K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$42K
Total assetsPt X · Ln 16$26K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $66K of program spending, described in the organization's own filed words · FY2023.
01

Packs of Hope-Backpacks Distributed to Children

4,945 for 9 counties in 14 locations. Continued program for community service teen mentorship which served 89 vulnerable youth. Had 244,790 of in-kind donations. Had 1,529 different volunteers, totalling 10,024 hours volunteered.

$57Kprogram expense
02

Havens Hope- of Diapers & Wipes Distributed

84,000. Average of familie served monthly: 52. The of families provided emergency assistance (such as for childcare and bill assistance: 30. The counties served: 6. Estimated 21,933 of in-kind donations. Average of volunteers 16-29, totalling 1,250 hours

$9Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CI58 Network
EINHdr · item D20-8248709
Principal addressHdr · item CArvada, CO
WebsiteHdr · item Ji58network.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P12)
Ruling yearIRS BMFJun 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Direcor -Vic
$0Pt VII · Sec A
Director - P
$0Pt VII · Sec A
Director - T
$0Pt VII · Sec A
Director - S
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$29K
Total revenueLn 12$29K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$66K
Management & general7%$5K
Total functional expensesLn 25$71K

Balance Sheet

Part X · end of year
CashLn 1$26K
Total assetsLn 16$26K
Total liabilitiesLn 26$2K
Total net assetsLn 32$24K
Months of cash on handcomputed4.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $26K · Operating expenses/yr $71K
4.4 months
Where the money goes
Program services
Program services $66K · Total expenses $71K
93%
Management & General
Management & general $5K · Total expenses $71K
7%
Fundraising
Fundraising $0 · Total expenses $71K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $60K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $29K · Total revenue $29K
100%
Government reliance
Government grants — · Total revenue $29K
Earned-income share
Program service revenue $0 · Total revenue $29K
0%
Investment reliance
Investment income $0 · Total revenue $29K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $71K
0%
Growth & trend
Revenue growth (YoY)
This year $29K · Prior year $100K
-71%
Net-asset trend (YoY)
End of year $24K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $29K · Expenses $71K
-144%
Liabilities-to-Assets
Total liabilities — · Total assets $26K
Net-asset ratio
Net assets $24K · Total assets $26K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $26K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Amanda Beck · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $71K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $71K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth -71%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$7K
Grants paid · 4 grants · $76K · 2020–2024
Packs of HopeFY2024$18,263
Foothills Community ChurchFY2021$28,526
Foothills Community ChurchFY2020$14,839
EverylifeFY2020$14,762

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$35K revenue · ⤓ 990 PDF
FY2023$29K revenue · viewing · ⤓ 990 PDF
FY2022$100K revenue · ⤓ 990 PDF
FY2021$107K revenue · ⤓ 990 PDF
FY2020$84K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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