Civic Intelligence

The Lutheran Park Corporation Inc

EIN 20-8251512 • 501(c)3 • Fort Wayne, IN

Profile

The purpose of lutheran park corporation is: 1. To promote religious, charitable, scientific, literacy, and educational projects; 2. To establish, maintain and operate an approximately twelve (12) acre neighborhood park (also known as lutheran park and gardens) at the site of the former lutheran hospital of fort wayne, inc.; 3. To lease the park and the building located in the park to corporations, foundations, funds and community chest which are organized and operated exclusively for religious, charitable, scientific, literacy or educational purposes and which are exempt from federal income tax under section 501(c) (3) of the internal revenue code of 1954, or the corresponding provisions of any subsequent revenue act; 4. To make contributions to other corporations, foundations, funds and community chests which are organized and operated exclusively for religious, charitable, scientific, literacy or educational purposes and which are exempt from federal income tax under section 501(c)(

3024 Fairfield AveFort Wayne, IN 46807-1697

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

23rd percentile

-20%

Higher net margin than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

27th percentile

-30%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $924,002 (-100%) from 2020

Liabilities

Down

$0

Down $14,820 (-100%) from 2020

Net Assets

Down

$0

Down $909,182 (-100%) from 2020

Revenue

Down

$150,186

Down $63,592 (-30%) from 2020

Expenses

Down

$179,989

Down $1,404 (-0.8%) from 2020

Net Income

Down

-$29,803

Down $62,188 (-192%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $1,203,924Liabilities 2011: $11,953Net Assets 2011: $1,191,9712011Assets 2012: $1,071,800Liabilities 2012: $33,968Net Assets 2012: $1,037,8322012Assets 2013: $1,038,255Liabilities 2013: $7,343Net Assets 2013: $1,030,9122013Assets 2014: $1,027,063Liabilities 2014: $46,903Net Assets 2014: $980,1602014Assets 2015: $959,655Liabilities 2015: $21,278Net Assets 2015: $938,3772015Assets 2016: $921,088Liabilities 2016: $4,933Net Assets 2016: $916,1552016Assets 2017: $909,080Liabilities 2017: $3,128Net Assets 2017: $905,9522017Assets 2018: $893,907Liabilities 2018: $17,236Net Assets 2018: $876,6712018Assets 2019: $882,294Liabilities 2019: $5,497Net Assets 2019: $876,7972019Assets 2020: $924,002Liabilities 2020: $14,820Net Assets 2020: $909,1822020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100K-$200KRevenue 2011: $205,471Expenses 2011: $231,655Net Income 2011: -$26,1842011Revenue 2012: $126,009Expenses 2012: $248,312Net Income 2012: -$122,3032012Revenue 2013: $215,004Expenses 2013: $224,924Net Income 2013: -$9,9202013Revenue 2014: $222,007Expenses 2014: $267,759Net Income 2014: -$45,7522014Revenue 2015: $221,012Expenses 2015: $259,795Net Income 2015: -$38,7832015Revenue 2016: $222,047Expenses 2016: $229,269Net Income 2016: -$7,2222016Revenue 2017: $206,329Expenses 2017: $216,532Net Income 2017: -$10,2032017Revenue 2018: $212,604Expenses 2018: $241,885Net Income 2018: -$29,2812018Revenue 2019: $216,043Expenses 2019: $215,917Net Income 2019: $1262019Revenue 2020: $213,778Expenses 2020: $181,393Net Income 2020: $32,3852020Revenue 2021: $150,186Expenses 2021: $179,989Net Income 2021: -$29,8032021

Highlighted filing

2021

Revenue$150,186
Expenses$179,989
Net Income-$29,803

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 15, 2021
Return Version
2020v4.0
Gross Receipts
$150,186
Mission and Program Overview

Mission

To promote and make contributions to corporations, foundations, funds and community chests which are operated and organized exclusively for religious, charitable, scientific, literacy or education purposes. To establish, maintain and operate an approximately twelve acre neighborhood park.

The purpose of lutheran park corporation is: 1. To promote religious, charitable, scientific, literacy, and educational projects; 2. To establish, maintain and operate an approximately twelve (12) acre neighborhood park (also known as lutheran park and gardens) at the site of the former lutheran hospital of fort wayne, inc.; 3. To lease the park and the building located in the park to corporations, foundations, funds and community chest which are organized and operated exclusively for religious, charitable, scientific, literacy or educational purposes and which are exempt from federal income tax under section 501(c) (3) of the internal revenue code of 1954, or the corresponding provisions of any subsequent revenue act; 4. To make contributions to other corporations, foundations, funds and community chests which are organized and operated exclusively for religious, charitable, scientific, literacy or educational purposes and which are exempt from federal income tax under section 501(c)(

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$419,980--
Land, Buildings, and Equipment, Net$408,378--
Pledges and Grants Receivable$60,000--
Prepaid Expenses and Deferred Charges$35,644--
Total Assets$924,002$0▼ $924,002
Liabilities
Accounts Payable and Accrued Expenses$14,820--
Total Liabilities$14,820$0▼ $14,820
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$849,182--
Net Assets With Donor Restrictions$60,000--
Total Net Assets Fund Balance$909,182$0▼ $909,182
Total Liabilities and Net Assets / Fund Balance$924,002$0▼ $924,002
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marcia HaaffPresident
Dennis BeckerTreasurer/se
Jim DowlingVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$150,000
Investment Income
$186
Other Revenue
$0
Change in Net Assets
$-29,803
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$179,989
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$137,111--$137,111
Depreciation Depletion$17,608--$17,608
Fees for Services Accounting-$9,784-$9,784
Occupancy$7,275--$7,275
Fees for Services Management-$6,000-$6,000
Fees for Services Legal-$2,211-$2,211
Total Functional Expenses$161,994$17,995$0$179,989
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The president assists the accounting firm in the preparation of the form 990. Upon completion, the form 990 is submitted to the entire board of directors for review before filing.

Form 990, Page 6, Part VI, Line 12C

The board of directors annually complete a conflict of interest policy which is reviewed by the officers and management. Identified conflicts are monitored as they occur.

Form 990, Page 6, Part VI, Line 19

The form 990, all governing documents and conflict of interest policy are all available upon written or oral request.

Filing and Contact Details

Filer

Filer Name
The Lutheran Park Corporation Inc
EIN
20-8251512
Phone
2604582112
Address
3024 FAIRFIELD AVE, FORT WAYNE, IN 46807-1697

Signing Officer

Name
Marcia Haaff
Title
President
Phone
2604582112
Signed
2021-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcia Haaff
Formed
2007
Legal Domicile
In
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Haines Isenbarger & Skiba LLC
Address
4630 W JEFFERSON BLVD 8, FORT WAYNE, IN 46804
Preparer
Cassie J Dunn
Phone
2604369500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of lutheran park corporation is: 1. To promote religious, charitable, scientific, literacy, and educational projects; 2. To establish, maintain and operate an approximately twelve (12) acre neighborhood park (also known as lutheran park and gardens) at the site of the former lutheran hospital of fort wayne, inc.; 3. To lease the park and the building located in the park to corporations, foundations, funds and community chest which are organized and operated exclusively for religious, charitable, scientific, literacy or educational purposes and which are exempt from federal income tax under section 501(c) (3) of the internal revenue code of 1954, or the corresponding provisions of any subsequent revenue act; 4. To make contributions to other corporations, foundations, funds and community chests which are organized and operated exclusively for religious, charitable, scientific, literacy or educational purposes and which are exempt from federal income tax under section 501(c)(3) of the internal revenue code of 1954, or the corresponding provisions of any subsequent revenue act; and 5. To initiate, undertake, encourage, promote, assist, finance, administer and execute such programs and projects as may be desirable for the effective realization of the objects and purposes herein set forth and the accomplishment hereof.

Form 990, Part XI, Line 9

Transfer to lutheran foundation -879,379

Raw XML Appendix333 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0THE LUTHERAN FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm1THE LUTHERAN FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm2THE LUTHERAN FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt03024 FAIRFIELD AVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt13024 FAIRFIELD AVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt23024 FAIRFIELD AVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0FORT WAYNE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1FORT WAYNE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2FORT WAYNE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0IN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1IN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2IN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd046807
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd146807
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd246807
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF LUTHERAN PARK CORPORATION IS: 1. TO PROMOTE RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERACY, AND EDUCATIONAL PROJECTS; 2. TO ESTABLISH, MAINTAIN AND OPERATE AN APPROXIMATELY TWELVE (12) ACRE NEIGHBORHOOD PARK (ALSO KNOWN AS LUTHERAN PARK AND GARDENS) AT THE SITE OF THE FORMER LUTHERAN HOSPITAL OF FORT WAYNE, INC.; 3. TO LEASE THE PARK AND THE BUILDING LOCATED IN THE PARK TO CORPORATIONS, FOUNDATIONS, FUNDS AND COMMUNITY CHEST WHICH ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERACY OR EDUCATIONAL PURPOSES AND WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE OF 1954, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT REVENUE ACT; 4. TO MAKE CONTRIBUTIONS TO OTHER CORPORATIONS, FOUNDATIONS, FUNDS AND COMMUNITY CHESTS WHICH ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERACY OR EDUCATIONAL PURPOSES AND WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1954, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT REVENUE ACT; AND 5. TO INITIATE, UNDERTAKE, ENCOURAGE, PROMOTE, ASSIST, FINANCE, ADMINISTER AND EXECUTE SUCH PROGRAMS AND PROJECTS AS MAY BE DESIRABLE FOR THE EFFECTIVE REALIZATION OF THE OBJECTS AND PURPOSES HEREIN SET FORTH AND THE ACCOMPLISHMENT HEREOF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT ASSISTS THE ACCOUNTING FIRM IN THE PREPARATION OF THE FORM 990. UPON COMPLETION, THE FORM 990 IS SUBMITTED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ANNUALLY COMPLETE A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED BY THE OFFICERS AND MANAGEMENT. IDENTIFIED CONFLICTS ARE MONITORED AS THEY OCCUR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990, ALL GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ALL AVAILABLE UPON WRITTEN OR ORAL REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSFER TO LUTHERAN FOUNDATION -879,379
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt0924002
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0924002
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017995
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0161994
IRS990/TotalFunctionalExpensesGrp/TotalAmt0179989
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014820
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt014820
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0909182
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt0161994
IRS990/TotalProgramServiceRevenueAmt0150000
IRS990/TotalRevenueGrp/ExclusionAmt0186
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0150000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0150186
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0924002
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03024 FAIRFIELD AVENUE
IRS990/USAddress/CityNm0FORT WAYNE
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd0468071697
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-05-20 13:21:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARCIA HAAFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02604582112
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE LUTHERAN PARK CORPORATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LUTH
ReturnHeader/Filer/EIN0208251512
ReturnHeader/Filer/PhoneNum02604582112
ReturnHeader/Filer/USAddress/AddressLine1Txt03024 FAIRFIELD AVE
ReturnHeader/Filer/USAddress/CityNm0FORT WAYNE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd0468071697
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0522127371
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAINES ISENBARGER & SKIBA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04630 W JEFFERSON BLVD 8
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WAYNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046804
ReturnHeader/PreparerPersonGrp/PhoneNum02604369500
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CASSIE J DUNN
ReturnHeader/ReturnTs02022-04-05T08:02:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARCIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HAAFF
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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