Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
Kerusso Institute for Global Leaders
990EZ • Fiscal year 2015 • EIN 26-1968833
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
29th percentile
Higher net margin than 29% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 33.7% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Balance Sheet
Assets
Down$34,089
Down $8,362 (-20%) from 2014
Net Assets
Down$33,037
Down $9,414 (-22%) from 2014
Liabilities
$1,052
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$173,523
Up $31,147 (+22%) from 2014
Expenses
Up$182,941
Up $77,451 (+73%) from 2014
Net Income
Down-$9,418
Down $46,304 (-126%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- May 4, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $173,523
Mission and Program Overview
Mission
Kerusso foundation inc's. Mission is to develop leadership programs and train the leadership teams of christian based organizations who operate in the emerging countries.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| KERUSSO FOUNDATION'S PRIMARY PURPOSES IS TO DEVELOP, IMPLEMENT, AND TRAIN LEADERSHIP PROGRAMS FOR CHRISTIAN BASED ORGANIZATIONS WHO OPERATE IN EMERGING COUNTRIES. THE ORGANIZATION SUPPORTS PROJECTS IN CAMBODIA, HONG KONG, INDIA, AND OTHER PROJECTS BY LEADING TRAINING WORKSHOPS AND PROVIDING FINANCIAL SUPPORT FOR LEADERSHIP DEVELOPMENT PROGRAMS. | $77,500 | $182,941 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAY CLARK | Executive Di | FT | $53,000 | $5,500 | $58,500 |
| STEVE GAMBLE | Chairman | - | $0 | - | - |
| TIM GERWING | Treasurer | - | $0 | - | - |
| JACOB BELL | Secretary | - | $0 | - | - |
| DWAYNE STOLZFUS | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Kerusso Foundation
- EIN
- 26-1968833
- Phone
- 8178467455
- Address
- PO BOX 6871, MCKINNEY, TX 75071
Signing Officer
- Name
- Jay Clark
- Title
- Executive Director
- Phone
- 8178467455
- Signed
- 2016-05-04
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Twilla Walton CPA Pc
- Address
- 520 CENTRAL PKWY E STE 107, PLANO, TX 75074-5526
- Preparer
- Twilla Walton
- Phone
- 9722007335
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“Next gen global leaders private program services singapore 77,500 0 77,500”
Form 990-ez, Part I, Line 16
“Expenses office supplies 435 telecommunications 2,861 computer services & support 360 permits & licenses 272 travel 30,535 bank charges 735 dues & subscriptions 33 miscellaneous 14 meals and entertainment 1,653 credit card processing fe 288 non-investment depreciation 1,199 total 38,385”
Form 990-ez, Part II, Line 24
“Accounts receivable 0 8,000 computer 0 1,999 less accumulated depreciation 0 1,199 prepaid expenses 4,618 0 total 4,618 8,800”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 593 federal payroll liabilities 0 459”
Form 990-ez, Part III
“Kerusso foundation inc's. Mission is to develop leadership programs and train the leadership teams of christian based organizations who operate in the emerging countries.”
Form 990-ez, Part III, Line 28
“Kerusso foundation's primary purposes is to develop, implement, and train leadership programs for christian based organizations who operate in emerging countries. The organization supports projects in cambodia, hong kong, india, and other projects by leading training workshops and providing financial support for leadership development programs.”
Raw XML Appendix155 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | BILLY CLARK |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3347499993 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2315 OWENS ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | OPELIKA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 36804 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 37837 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 25289 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 173522 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -9418 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2656 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 42455 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 34089 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 77500 |
| IRS990EZ/GrossReceiptsAmt | 0 | 173523 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 42455 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 33037 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 42455 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 33037 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 53000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 5500 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STEVE GAMBLE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TIM GERWING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JACOB BELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JAY CLARK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DWAYNE STOLZFUS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4618 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 8800 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 38385 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | KERUSSO FOUNDATION INC'S. MISSION IS TO DEVELOP LEADERSHIP PROGRAMS AND TRAIN THE LEADERSHIP TEAMS OF CHRISTIAN BASED ORGANIZATIONS WHO OPERATE IN THE EMERGING COUNTRIES. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 716 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | KERUSSO FOUNDATION'S PRIMARY PURPOSES IS TO DEVELOP, IMPLEMENT, AND TRAIN LEADERSHIP PROGRAMS FOR CHRISTIAN BASED ORGANIZATIONS WHO OPERATE IN EMERGING COUNTRIES. THE ORGANIZATION SUPPORTS PROJECTS IN CAMBODIA, HONG KONG, INDIA, AND OTHER PROJECTS BY LEADING TRAINING WORKSHOPS AND PROVIDING FINANCIAL SUPPORT FOR LEADERSHIP DEVELOPMENT PROGRAMS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 0 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 77500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 182941 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 63684 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1052 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 182941 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 182941 |
| IRS990EZ/TotalRevenueAmt | 0 | 173523 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.KERUSSOFOUNDATION.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 173522 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 142366 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 73060 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 62629 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 53598 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 505175 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 1 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 10 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 25200 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 25211 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 530386 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 173523 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 142376 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 73060 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 87829 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 53598 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 530386 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 173523 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 142376 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 73060 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 87829 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 53598 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 530386 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NEXT GEN GLOBAL LEADERS PRIVATE PROGRAM SERVICES SINGAPORE 77,500 0 77,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES OFFICE SUPPLIES 435 TELECOMMUNICATIONS 2,861 COMPUTER SERVICES & SUPPORT 360 PERMITS & LICENSES 272 TRAVEL 30,535 BANK CHARGES 735 DUES & SUBSCRIPTIONS 33 MISCELLANEOUS 14 MEALS AND ENTERTAINMENT 1,653 CREDIT CARD PROCESSING FE 288 NON-INVESTMENT DEPRECIATION 1,199 TOTAL 38,385 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 0 8,000 COMPUTER 0 1,999 LESS ACCUMULATED DEPRECIATION 0 1,199 PREPAID EXPENSES 4,618 0 TOTAL 4,618 8,800 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 593 FEDERAL PAYROLL LIABILITIES 0 459 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | KERUSSO FOUNDATION INC'S. MISSION IS TO DEVELOP LEADERSHIP PROGRAMS AND TRAIN THE LEADERSHIP TEAMS OF CHRISTIAN BASED ORGANIZATIONS WHO OPERATE IN THE EMERGING COUNTRIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | KERUSSO FOUNDATION'S PRIMARY PURPOSES IS TO DEVELOP, IMPLEMENT, AND TRAIN LEADERSHIP PROGRAMS FOR CHRISTIAN BASED ORGANIZATIONS WHO OPERATE IN EMERGING COUNTRIES. THE ORGANIZATION SUPPORTS PROJECTS IN CAMBODIA, HONG KONG, INDIA, AND OTHER PROJECTS BY LEADING TRAINING WORKSHOPS AND PROVIDING FINANCIAL SUPPORT FOR LEADERSHIP DEVELOPMENT PROGRAMS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JAY CLARK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8178467455 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-05-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KERUSSO FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KERU |
| ReturnHeader/Filer/EIN | 0 | 261968833 |
| ReturnHeader/Filer/PhoneNum | 0 | 8178467455 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 6871 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MCKINNEY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75071 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 861153717 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | TWILLA WALTON CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 520 CENTRAL PKWY E STE 107 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PLANO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 750745526 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9722007335 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-05-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TWILLA WALTON |
| ReturnHeader/ReturnTs | 0 | 2016-05-04T15:58:29-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $34,089
- Liabilities
- $1,052
- Net assets
- $33,037
- Revenue
- $173,523
- Expenses
- $182,941
- Net income
- -$9,418