THE BOTTOM RUNG INC

EIN: 452428094 501(c)(3)

Mooresville, NC

Total Revenue
$67,976
Total Expenses
$88,636
Total Assets
$114,977
Net Assets
$108,712
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NC
Principal Officer
Marisa Sellman
Phone
7042010481
Tax Period
2020-01-01 to 2020-12-31

THE BOTTOM RUNG INC, founded in 2011, is a micro nonprofit that reported $68K in total revenue in fiscal year 2020. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $89K exceeded revenue, resulting in a 30% operating deficit.

Mission

The Marketplace is a Christian fair trade store that partners with ministries around the world to help empower people through employment while sharing the Gospel. We buy all products outright and market the ministries and products in The Marketplace. We travel abroad,design, and business consult with ministries so they can increase their market share. With increased sales, they will be able to hire more people and demonstrate the love of Christ.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

In January 2020, Marisa Sellman, Director of The Marketplace, walked down a congested street in Kigali Rwanda. But this wasn't just an ordinary street, this was a street that had no opportunity. Many...

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In January 2020, Marisa Sellman, Director of The Marketplace, walked down a congested street in Kigali Rwanda. But this wasn't just an ordinary street, this was a street that had no opportunity. Many women walked these streets and sold themselves night after night in order to feed their children. This street might as well be a dead end. The ladies of DuHope came from this street but now they have opportunity. They are no longer sex workers. They have dignified employment making jewelry in a God centered workshop for a year or longer. Many of these ladies had only a 2nd grade education. Now they are receiving literacy and numeracy training. They are being empowered. But the sad reality is that they are not able to fully support their children because there is just not enough work. They need to have another source of income; they need to have their own business. As I sat with the Director, I quickly learned these ladies were still living with their children in unsafe housing. They didn't have enough money to provide nutritious food. Many times, they struggled to pay their children's school fees. They could not afford medical insurance and often were unable to take their sick children to the doctors. In order to start a business or grow their current one, they needed business training and coaching. They also needed a capital investment to give their business a fighting chance. This touched my heart. I am a businessperson and know you need the right tools to succeed. I also know when you invest in a woman, you change the course of her life and the trajectory of her children's. We started envisioning how we could empower her and change her life. January 30, 2020 in a small workshop in Kigali Rwanda, The Empowerment Project was born. For $3,755, we would be able to offer her safe housing, nutritious food, and medical insurance for her and her children for a year. We would be able to pay their school fees and supplies for a school year. We would offer her business training and ongoing coaching. And finally, we would invest the capital needed to create and grow her business. Our community raised $17,700.

Program 2
Expenses: $0 Revenue: $0

Azizi Life in Rwanda was in lock down for an extended period of time due to Covid. The artisans did not have money for food. Our community raised $1019 to help feed the artisans for 2 weeks that lock...

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Azizi Life in Rwanda was in lock down for an extended period of time due to Covid. The artisans did not have money for food. Our community raised $1019 to help feed the artisans for 2 weeks that lock down was extended.

Program 3
Expenses: $0 Revenue: $0

Atelier Calla our ministry partners in Haiti were unable to supplement the artisans for the additional month of them not being able to work due to Covid. Our community raised $1660 to provide for all...

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Atelier Calla our ministry partners in Haiti were unable to supplement the artisans for the additional month of them not being able to work due to Covid. Our community raised $1660 to provide for all the artisans for that additional month.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $10,928
Program Service Revenue $0
Investment Income $0
Other Revenue $57,048
TOTAL REVENUE $67,976

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,070
Fundraising Expenses $0
Program Expenses $0
Other Expenses $32,566
TOTAL EXPENSES $88,636

Year-over-Year Comparison

2020 2019 Change
Revenue $67,976 $91,314 -0.3%
Expenses $88,636 $107,956 -0.2%
Net Income $-20,660 $-16,642 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
1
Volunteers
4

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
1
$100,328
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marisa Sellman Executive Director 55
Key Emp
$50,164 $50,164 $100,328
Paige Davis Board Member 0
Director
$0 $0 $0
Michael Myrick Board Member 5
Director
$0 $0 $0
Scott Mann Board Member 0
Director
$0 $0 $0
Becky Mann Board Member 0
Director
$0 $0 $0
Crystal Johnsen Treasurer 2
Officer
$0 $0 $0
Louis Sellman Vice President 10
Officer
$0 $0 $0
Cori Harwell Secretary 1
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $67,976 $88,636 $114,977 $-20,660
2019 $91,314 $107,956 $143,262 $-16,642
2018 $159,126 $185,963 $175,037 $-26,837
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