Saturate EIN 47-3197166 Form 990 (PDF) Claim this org

Saturate FY2020 filing

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Spreading the Gospel of Jesus Christ to saturate churches, people, and places across North America. For fiscal year 2020 it reported $413K in revenue, $322K in expenses, and $37K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Bellevue, WA
Website
saturatetheworld.com
Filings
6 on file (2019–2020)
Revenue
$413KFY2020
Expenses
$322K
Net assets
$37K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  47-3197166 Public charity (501(c)(3)) Bellevue, WA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Spreading the Gospel of Jesus Christ to saturate churches, people, and places across North America.
Leadership
Duke Revard · Executive Director
Money in and out
$413K revenue, $322K expenses
Bottom line
58% program efficiency
Where the money goes · FY2020
Total revenue
$413K
Pt VIII · Ln 12
Total expenses
$322K
Pt IX · Ln 25
Net assets
$37K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $92K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.38 Fundraising $0.04
Program efficiency
58%
of spending reaches programs
Operating runway
4.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$413K
FY2020▲ +101%
Expenses
$322K
FY2020▲ +66%
Total assets
$125K
FY2020▲ +443%
Total liabilities
$88K
FY2020▲ +89%
Total revenue
$413K
Pt VIII · Ln 12
Total expenses
$322K
Pt IX · Ln 25
Net assets
$37K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$92K
Total assetsPt X · Ln 16$125K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSaturate
EINHdr · item D47-3197166
Principal addressHdr · item CBellevue, WA
WebsiteHdr · item Jsaturatetheworld.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P12)
Ruling yearIRS BMFAug 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Founder/Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Jeff Vanderstelt’s $210K as Executive D is at the 100th percentile of top reported officer pay among 2168 $100K–1M human services 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2019
Jeff Vanderstelt$210,000$168,399$41,311$34,115$4,000
Henry Charles Gschwend JR$3,918
Duke Revard$252$2,571
Jeff Tikson$1,750

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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Mission & Programs · Part III

Where the work happens

1 program service account for $187K of program spending, described in the organization's own filed words · FY2020.
01

We Are Committed to

- developing strong leaders - disciple-making strategies- serving the city- starting new churches- city-wide prayerwe do this by providing leadership development, spiritual direction, and emotional care to business, social, and church leaders so they survive and thrive for the long-haul.

$187Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$252K · 61%
Program service revenue$101K · 24%
Other revenue$61K · 15%
Contributions & grants61%$252K
Program service revenue24%$101K
Other revenue15%$61K
Total revenueLn 12$413K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.38 Fundraising $0.04
Program services58%$187K
Management & general38%$121K
Fundraising4%$13K
Total functional expensesLn 25$322K

Balance Sheet

Part X · end of year
CashLn 1$125K
Total assetsLn 16$125K
Total liabilitiesLn 26$88K
Total net assetsLn 32$37K
Months of cash on handcomputed4.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $125K · Operating expenses/yr $322K
4.7 months
Where the money goes
Program services
Program services $187K · Total expenses $322K
58%
Management & General
Management & general $121K · Total expenses $322K
38%
Fundraising
Fundraising $13K · Total expenses $322K
4%
Cost to raise $1
Fundraising expense (2-yr avg) $15K · Solicited contributions (2-yr avg) $143K
$0.11 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $252K · Total revenue $413K
61%
Government reliance
Government grants — · Total revenue $413K
Earned-income share
Program service revenue $101K · Total revenue $413K
24%
Investment reliance
Investment income $0 · Total revenue $413K
0%
Program self-sufficiency
Program service revenue $101K · Total expenses $322K
31%
Growth & trend
Revenue growth (YoY)
This year $413K · Prior year $206K
+101%
Net-asset trend (YoY)
End of year $37K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $413K · Expenses $322K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $125K
Net-asset ratio
Net assets $37K · Total assets $125K
29%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $125K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Duke Revard · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $322K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $128K · Total expenses $322K
40%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 38%
Fundraising cost ratio 5%
Revenue growth 101%
Accounting fee ratio 32%

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 2 funders$62K
Grants paid · 4 grants · $114K · 2021–2023
Saturate the SoundWA · FY2023$12,643
Equipping Group INCTX · FY2022$56,238

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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)$477K revenue · ⤓ 990 PDF
FY2023$445K revenue · ⤓ 990 PDF
FY2022$604K revenue · ⤓ 990 PDF
FY2021$816K revenue · ⤓ 990 PDF
FY2020$413K revenue · viewing · ⤓ 990 PDF
FY2019$206K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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