2024-10-01T08:39:35-05:00 2023-12-31 562353893 AGRESTA STORMS & O'LEARY PC 5140 COMMERCE CIRCLE INDIANAPOLIS IN 46237 990 2023-01-01 474429844 STABILITY FIRST INC STAB 7653438030 PO BOX 1452 MARTINSVILLE IN 46151 SAM WILLARD TREASURER 7653438030 2024-09-30 1 0 JOSEPH SULLIVAN CPA P01417600 3177809850 2024-09-30 2023 2024-10-15 13:58:12Z DAN MOORE PO BOX 1452 MARTINSVILLE IN 46151 816795 0 X WWW.STABILITYFIRST.ORG X 2015 IN TO PROVIDE ASSISTANCE AND EDUCATION TO ADDRESS POVERTY ISSUES BY PROVIDING TEMPORARY HOUSING AND SERVICES TO PRIMARILY LOW INCOME INDIVIDUALS AND FAMILIES. 11 11 9 60 0 0 406499 735102 17267 7282 6962 88 66318 56293 497046 798765 0 0 0 0 301448 296970 0 44000 72970 210714 221040 512162 562010 -15116 236755 777659 966571 81614 18061 696045 948510 TO PROVIDE ASSISTANCE AND EDUCATION TO ADDRESS POVERTY ISSUES BY PROVIDING TEMPORARY HOUSING AND SERVICES TO PRIMARILY LOW INCOME INDIVIDUALS AND FAMILIES. 0 0 405396 40197 TO HELP THOSE TRAPPED IN POVERTY SO THEY COULD BE EQUIPPED WITH THE TOOLS TO WORK THEIR WAY TOWARD STABILITY AND PROSPERITY. THROUGH REVIEW OF THE CURRENT COMMUNITY SERVICES AND NEEDS, GAPS IN COMMUNITY SERVICES WERE IDENTIFIED. THOSE GAPS IN SERVICES INCLUDED SHELTER FOR HOMELESS WOMEN WITHOUT DEPENDENT CHILDREN IN THEIR CARE AND TRANSITIONAL HOUSING FOR MEN WHO HAVE SUCCESSFULLY OVERCOME THE ISSUES THAT LED TO THEIR HOMELESSNESS. 405396 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 9 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IN X SAM WILLARD 7653438030 PO BOX 1452 MARTINSVILLE IN 46151 X DAN MOORE CHAIRMAN 3.00 X X 0 0 0 SAM WILLARD VICE CHAIRMAN & TREASURER 3.00 X X 0 0 0 LEISA ENGLISH SECRETARY 3.00 X X 0 0 0 JENNIFER MOCK BOARD MEMBER 1.00 X 0 0 0 JUDY BUCCI BOARD MEMBER 1.00 X 0 0 0 JUSTIN CLEMENTS BOARD MEMBER 1.00 X 0 0 0 LISA BOWLING BOARD MEMBER 1.00 X 0 0 0 MARIBETH POALSON BOARD MEMBER 1.00 X 0 0 0 NATHAN JANSSEN BOARD MEMBER 1.00 X 0 0 0 TRISH MCELROY BOARD MEMBER 1.00 X 0 0 0 JUDY MOORE BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 51384 683718 8842 735102 MAGDELEN HOUSE DONATIO 624100 7282 7282 7282 88 88 41408 18030 23378 23378 MAGGIE BAGS 624100 27118 27118 OTHER REVENUE 624100 5797 5797 32915 798765 40197 0 23466 275478 232242 40409 2827 21492 18118 3153 221 950 950 44000 44000 28129 13222 14907 27259 7643 19616 7952 7273 679 32265 29038 3227 1747 1747 75 75 17774 15997 1777 10393 8834 1559 OTHER OPERATING EXPENSE 22295 22295 GRANT EXPENSES 18026 18026 DUES AND SUBSCRIPTIONS 15424 5217 6327 3880 MAINTENANCE AND REPAIRS 13788 12409 1379 24963 22355 2608 562010 405396 83644 72970 146800 367666 6963 5898 705403 112396 622687 593007 1209 777659 966571 7634 3525 67985 5995 0 14536 81614 18061 X 660119 636522 35926 311988 696045 948510 777659 966571 236755 15710 0 X X 0 1 X 1 0 X 363770 475323 529921 406499 735102 2510615 363770 475323 529921 406499 735102 2510615 2510615 13 17 46 42 88 206 3184 62547 29531 58325 74323 227910 2738731 0.91670 0.79950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63548 63548 589754 90719 499035 45446 21677 23769 6655 6655 593007 ACCRUED PAYROLL AND RELATED TAX LIABILITIES 14536 14536 X PART X, LINE 2: STABILITY FIRST, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX UNDER THE INDIANA NOT-FOR-PROFIT CORPORATION ACT OF 1971. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN CLASSIFIED UNDER SECTION 170(B)(1)(A) OF THE INTERNAL REVENUE CODE AS A PUBLICLY SUPPORTED ORGANIZATION, NOT A PRIVATE FOUNDATION, AND QUALIFIES FOR THE 50% CHARITABLE CONTRIBUTION FOR INDIVIDUAL DONORS. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. IF THE ORGANIZATION WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE, AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS PENALTIES. MANAGEMENT'S CONCLUSIONS REGARDING UNCERTAIN TAX POSITIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF, AS WELL AS OTHER FACTORS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. 1 THE TIMOTHY GROUP 1663 SUTHERLAND DR SE GRAND RAPIDS MI 49508 CONSULTING ON CAPITAL CAMPAIGN 0 318643 44000 274643 318643 44000 274643 GALA 12536 12536 1520 8292 1755 GREEN EGG EVENT 15151 15151 3 13721 13721 2550 800 3113 41408 41408 4070 9092 4868 18030 23378 SCHEDULE G, PART I, LINE 2B, COLUMN (V) SERVICES WERE FOR CONSULTING IN DEVELOPING AND INITIATING A CAPITAL CAMPAIGN FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C STABILITY FIRST IS IN COMPLIANCE WITH THE POLICY FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC FORM 990, PART XII, LINE 2C: OVERSIGHT OF THE AUDIT IS LEAD BY THE TREASURER WITH OVERALL BOARD FOR FINAL APPROVAL