Stone Soup Pdx EIN 83-2501091 Form 990 (PDF) Claim this org

Stone Soup Pdx

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Trains people facing employment barriers for foodservice careers, fostering self-reliance. For fiscal year 2024 it reported $1.4M in revenue, $1.4M in expenses, and $936K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Portland, OR
Website
www.stonesouppdx.com
Filings
5 on file (2020–2024)
Revenue
$1.4MFY2024
Expenses
$1.4M
Net assets
$936K
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-2501091 Public charity (501(c)(3)) Portland, OR
Form 990 (PDF)
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Size
$1–10M
What they do
Trains people facing employment barriers for foodservice careers, fostering self-reliance.
Leadership
Ellen Damschino · Executive Director · $97K
Money in and out
$1.4M revenue, $1.4M expenses
Bottom line
67% program efficiency
Where the money goes · FY2024
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$936K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $43K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.26 Fundraising $0.08
Program efficiency
67%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
6.9mo
months of highly liquid reserves at operating expense rate▼ -5% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▲ +108% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.4M
FY2024▲ +64%
Expenses
$1.4M
FY2024▲ +17%
Total assets
$945K
FY2024▲ +5%
Total liabilities
$9K
FY2024▼ -2%
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$936K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$43K
Total assetsPt X · Ln 16$945K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStone Soup Pdx
EINHdr · item D83-2501091
Principal addressHdr · item CPortland, OR
WebsiteHdr · item Jwww.stonesouppdx.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFMay 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$97,170Pt VII · Sec A
$48,290Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ellen Damschino’s $97K as Executive Director is at the 33rd percentile of top reported officer pay among 3864 $1–10M 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

NameFY2024FY2023FY2022FY2021FY2020
Ellen Damschino$97,170
Aaron Babbie$73,305$36,392
Craig Gerard$48,467$66,417$67,076$45,615
Craig Gerard Exec Director 1-31 Jan$48,290

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

2 program services account for $931K of program spending, described in the organization's own filed words · FY2024.
01

In 2024, stone soup PDX continued to strengthen our community meals program, preparing and delivering more than 67,000 meals to shelters, residential facilities, day centers, and schools throughout the portland area.

$863Kprogram expense
02

In 2024, stone soup PDX continued to build on our mission of providing hands-on culinary job training for individuals facing barriers to employment. We welcomed 51 participants into our workforce training program and delivered more than 5,700 hours of industry-based instruction, mentorship, and wrap-around SUPPORT.OUR reputation for…

$68Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$712K · 50%
Contributions & grants$558K · 39%
Other revenue$131K · 9%
Investment income$36K · 3%
Program service revenue50%$712K
Contributions & grants39%$558K
Other revenue9%$131K
Investment income3%$36K
— government grantsLn 1e$322K
Total revenueLn 12$1.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.26 Fundraising $0.08
Program services67%$931K
Management & general26%$358K
Fundraising8%$105K
Total functional expensesLn 25$1.4M

Balance Sheet

Part X · end of year
CashLn 1$788K
Total assetsLn 16$945K
Total liabilitiesLn 26$9K
Total net assetsLn 32$936K
Months of cash on handcomputed6.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $798K · Operating expenses (Pt IX) $1.4M · Less non-cash grants $9K · Cash operating expenses/yr $1.4M
6.9 months
Where the money goes
Program services
Program services $931K · Total expenses $1.4M
67%
Management & General
Management & general $358K · Total expenses $1.4M
26%
Fundraising
Fundraising $105K · Total expenses $1.4M
8%
Cost to raise $1
Fundraising expense (3-yr avg) $64K · Solicited contributions (3-yr avg) $228K
$0.28 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $558K · Total revenue $1.4M
39%
Government reliance
Government grants $322K · Total revenue $1.4M
22%
Earned-income share
Program service revenue $712K · Total revenue $1.4M
50%
Investment reliance
Investment income $36K · Total revenue $1.4M
+3%
Program self-sufficiency
Program service revenue $712K · Total expenses $1.4M
51%
Growth & trend
Revenue growth (YoY)
This year $1.4M · Prior year $875K
+64%
Revenue CAGR
FY2020 $2.8M · FY2024 $1.4M
-15%
Net-asset trend (YoY)
End of year $936K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.4M · Expenses $1.4M
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $945K
Net-asset ratio
Net assets $936K · Total assets $945K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $10K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $945K
1%
People & payroll
Highest Reported Total Compensation
Individual Ellen Damschino · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $97K · Total expenses $1.4M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $932K · Total expenses $1.4M
67%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 26%
Fundraising cost ratio 19%
Revenue growth 64%
Legal fee ratio 0.05%
Accounting fee ratio 0.6%

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 · FY2025
Larson LegacyFY2025$15K
Soar 4 INCFY2025$9K
Total grants receivedfrom 2 funders$24K
Grants paid · 2 grants · $160K · 2023–2024
Unitemized GrantFY2024$101,967
Unitemized GrantFY2023$57,804

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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)$1.4M revenue · viewing · ⤓ 990 PDF
FY2023$875K revenue · ⤓ 990 PDF
FY2022$1.5M revenue · ⤓ 990 PDF
FY2021$2.6M revenue · ⤓ 990 PDF
FY2020$2.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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