Stratum
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Strengthens Bay Area Christian infrastructure by developing innovative gospel-grounded leadership solutions. For fiscal year 2025 it reported $1.6M in revenue, $1.8M in expenses, and $694K in net assets.Pt I
Summary of the Filing
Where the work happens
Catalytic Funding
The church plant startup grant seeks to strengthen and support new churches as part of catalyzing and fostering a healthy gospel ecosystem in the bay area. This initiative provides financial support to a portfolio of church plants that reflect the diversity of geography, ethnicity, and church-planting models in the bay area.
Incubator
The city to city incubator is our one-year training program for pastors who are in the early years of establishing a new church. We provide in-depth, contextualized training, as well as relational support, to help participants establish healthy and effective new churches.
Coaching
Stratum coaching is for bay area pastors and church planters. We facilitate small cohorts of leaders that meet together monthly for spiritual formation, practical ministry help, and personal care.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Nicholas Parsons’s $45K as President/Managing Directo is at the 13th percentile of top reported officer pay among 1637 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 7 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Nicholas Parsons | $45,000 | $42,500 | $40,000 | — | — |
| Bart Garett | $35,000 | $42,500 | $30,000 | — | — |
| Nick Parsons | — | — | — | $36,263 | — |
| Bart Garret | — | — | — | $25,019 | $4,870 |
| Brian Ng | — | — | — | $20,000 | $4,850 |
| Nick Parson | — | — | — | — | $8,946 |
| Cindy Collister | — | $3,500 | $2,900 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 93% | — | — |
| Overhead ratio | 6% | — | — |
| Fundraising cost ratio | 1% | — | — |
| Revenue growth | -10% | — | — |
| Investment management fee ratio | 1% | — | — |
| Accounting fee ratio | 1% | — | — |
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
Compare
Filings & Schedule Manifest
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Sources
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