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Stratum

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 352692988 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Stratum?

Stratum is a Bay Area-focused nonprofit organization that specializes in offering innovative solutions for gospel-grounded leaders and institutions. The primary mission of Stratum is to strengthen and support the establishment of new churches in the area, reflecting its diversity in terms of geography, ethnicity, and church-planting models. To achieve this, Stratum provides financial assistance through its matching grant program. Since 2019, the organization has donated over 5 million dollars to various new churches, working in collaboration with existing donors, networks, and organizations to facilitate needed financial resources. Stratum's initiatives aim to foster a healthy gospel ecosystem in the Bay Area, promoting the growth and success of new churches.


Is Stratum legitimate?

Stratum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stratum submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,876

For more financial information, click here


What is the mission statement of Stratum?
Who is the CEO of Stratum?
What is the revenue of Stratum?
Who are the executives of Stratum and what are their salaries?
Where can I find the form 990 for Stratum?

Mission Statement of Stratum

Stratum, a nonprofit organization, is dedicated to offering innovative solutions for gospel-grounded leaders and institutions in various sectors. Its mission is centered around supporting and strengthening new churches in the Bay Area, reflecting the region's diversity in terms of geography, ethnicity, and church-planting models. Stratum achieves this by providing financial assistance through the Church Plant Startup Grant. This initiative aims to foster a healthy gospel ecosystem in the Bay Area by contributing significant financial resources to a portfolio of new churches. Stratum collaborates with existing donors, networks, and organizations to ensure that new churches receive the necessary financial support, having donated over 5 million dollars since 2019 through this matching grant program.

Impact

This information is meant to be a general summary of Stratum. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Stratum's impact can be seen through its catalytic funding initiatives, particularly the Church Plant Startup Grant. This program aims to strengthen and support new churches in the Bay Area, reflecting the region's diversity in terms of geography, ethnicity, and church-planting models. By providing significant financial support through matching grants, Stratum has facilitated the growth and sustainability of multiple church plants in the area. Since 2019, over $5 million has been donated to new churches, demonstrating the tangible impact of Stratum's initiatives in fostering a healthy gospel ecosystem in the Bay Area.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $52
  • Program Service Revenue: $1,630
  • Gross Receipts: $875,098

    • Assets and Liabilities:
  • Total Assets: $1,024,633
  • Total Liabilities: $3,715
  • Net Assets: $1,020,918
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INCUBATOR REGISTRATION

    Revenue

    $1,630

    Organization Details

    Founding Year

    2020

    Principal Officer

    Nicholas Parsons

    Main Address

    220 HALLECK SUITE 100B, SAN FRANCISCO, CA, 94129

    NTEE Category

    Code: X20 - Religion related

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