ISAAC'S ROOM

EIN: 931267455 501(c)(3) Youth Development

SALEM, OR

Total Revenue
$1,012,026
Total Expenses
$1,109,697
Total Assets
$3,405,519
Net Assets
$2,303,875
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
OR
Principal Officer
MARK BULGIN
Phone
5035816154
Tax Period
2023-01-01 to 2023-12-31

ISAAC'S ROOM, founded in 1999, is a community nonprofit in the Youth Development sector that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Net assets of $2.3M represent 27 months of operating reserves.

Mission

ISAAC'S ROOM EXISTS TO HELP DIVESTED YOUNG PEOPLE BUILD THE CAPACITY TO RISE TO THE CHALLENGES OF LIFE. WE PROVIDE EXPERIENCES THAT BUILD CHARACTER, CONFIDENCE, AND SKILLS AND A COMMUNITY OF PEOPLE WHO SUPPORT THE QUEST TO BE THE HERO OF YOUR STORY AND A CONTRIBUTOR IN SOCIETY. WE FOCUS ON BUILDING CRITICAL WORK SKILLS IN A TEAM CONCEPT THROUGH A WORKING INTERNSHIP AT THE IKE BOX COFFEE SHOP, THE FAMILY BUSINESS OF ISAAC'S ROOM. WE ALSO PROVIDE ONE-ON-ONE MENTORSHIP, HOUSING OPTIONS, PERSONAL WELLNESS TRAINING, FINANCIAL LITERACY, AND ENRICHMENT IN SUPPORT OF THE WORKFORCE TRAINING. DIVESTED MEANS POWERLESS. IN THE LIFE OF A DIVESTED YOUNG PERSON, IT REFERS TO THE STATE OF BEING POWERLESS TO FACE THE CHALLENGES OF LIFE WITH ANY CONFIDENCE OR EFFECTIVENESS. YOUTH CAN BE DIVESTED BY EXTERNAL FACTORS: FOSTER CARE, DISRUPTED EDUCATION, POVERTY, ADDICTION, INCARCERATION OR AS A CONSEQUENCE OF THEIR OWN DESTRUCTIVE CHOICES. EITHER WAY, THESE ARE THE KIDS WHO, ON THEIR CURRENT TRAJECTORY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $753,185
Program Service Revenue $183,233
Investment Income $30,887
Other Revenue $44,721
TOTAL REVENUE $1,012,026

Expense Breakdown

Grants Paid $0
Salaries & Benefits $615,033
Fundraising Expenses $0
Program Expenses $489,161
Other Expenses $494,664
TOTAL EXPENSES $1,109,697

Year-over-Year Comparison

2023 2022 Change
Revenue $1,012,026 $1,257,940 -0.2%
Expenses $1,109,697 $655,909 +0.7%
Net Income $-97,671 $602,031 -1.2%
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
14
Independent Members
13
Employees
73
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
1
$107,529
Total Directors
14
$107,529
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMANDA TERPENING SECRETARY N/A
Director
$0 $0 $0
ELIJAH LEUTWYLER YOUTH LIASON N/A
Director
$0 $0 $0
JENNIFER MARTIN DIRECTOR N/A
Director
$0 $0 $0
JIM PLEIMAN TREASURER N/A
Director
$0 $0 $0
JONATHAN J LUSH DIRECTOR N/A
Director
$0 $0 $0
LILLIAN KAY DIRECTOR N/A
Director
$0 $0 $0
LUIS GARCIA DIRECTOR N/A
Director
$0 $0 $0
MARK BULGIN EXECUTIVE DI 40.00
Officer Director
$107,529 $0 $107,529
MARY JEAN SANDALL DIRECTOR N/A
Director
$0 $0 $0
MORGAN SUND DIRECTOR N/A
Director
$0 $0 $0
RYAN GELBRICH DIRECTOR N/A
Director
$0 $0 $0
SAM S KILLERN DIRECTOR N/A
Director
$0 $0 $0
TYLER BRAUN DIRECTOR N/A
Director
$0 $0 $0
W CONRAD VENTI PRESIDENT N/A
Director
$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
2024 No data No data No data No data
2023 $1,012,026 $1,109,697 $3,405,519 $-97,671
2022 $1,257,940 $655,909 $3,418,235 $602,031
2021 $682,825 $453,489 $2,721,954 $229,336
2020 $545,611 $290,715 $2,342,373 $254,896
2019 $1,127,788 $680,672 $1,719,824 $447,116
2018 $980,670 $520,989 $1,548,892 $459,681
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