FIRST STREET MEETING ROOM INC

EIN: 455123575 501(c)(3) Religion

ABERDEEN, ID

Total Revenue
$23,428
Total Expenses
$30,244
Total Assets
$532,800
Net Assets
$532,800
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
ID
Principal Officer
DOUG KLASSEN
Phone
2086815341
Tax Period
2019-01-01 to 2019-12-31

FIRST STREET MEETING ROOM INC, founded in 2013, is a micro nonprofit in the Religion sector that reported $23K in total revenue in fiscal year 2019. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $30K exceeded revenue, resulting in a 29% operating deficit.

Mission

TO ENGAGE IN RELIGIOUS AND CORRELATED SERVICES, TO OPERATE A CHURCH AND TO PROVIDE A MEETING PLACE FOR MEMBERS THEREOF.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $23,428
Investment Income $0
Other Revenue $0
TOTAL REVENUE $23,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $30,244
Other Expenses $30,244
TOTAL EXPENSES $30,244

Year-over-Year Comparison

2019 2018 Change
Revenue $23,428 $37,571 -0.4%
Expenses $30,244 $23,263 +0.3%
Net Income $-6,816 $14,308 -1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
30
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADRIAN COOT PRESIDENT N/A
Officer Director
$0 $0 $0
MICHAEL KLASSEN SECRETARY N/A
Officer Director
$0 $0 $0
DOUGLAS MCKAY VICE PRESIDE N/A
Officer Director
$0 $0 $0
DOUG KLASSEN TREASURER N/A
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
2019 $23,428 $30,244 $532,800 $-6,816
2018 $37,571 $23,263 $539,616 $14,308
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