Civic Intelligence

Waldorf Lutheran College Foundation Inc.

990 • Fiscal year 2016 • EIN 27-4358184

Jun 01, 2015 to May 31, 2016 • Filed on Aug 01, 2016

Organization ProfileWWW.WALDORFFOUNDATION.ORG
116 East I StreetForest City, IA 50436

(641) 585-8142

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

90th percentile

40%

Higher net margin than 90% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

60th percentile

4.3%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-17%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$2,805,528

Up $115,090 (+4.3%) from 2015

Net Assets

Up

$2,805,528

Up $115,090 (+4.3%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin90th percentile

Revenue

Down

$481,928

Down $100,715 (-17%) from 2015

Expenses

Down

$290,541

Down $101,429 (-26%) from 2015

Net Income

Up

$191,387

Up $714 (+0.4%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2013: $2,044,273Liabilities 2013: $0Net Assets 2013: $2,044,2732013Assets 2014: $2,516,044Liabilities 2014: $0Net Assets 2014: $2,516,0442014Assets 2015: $2,690,438Liabilities 2015: $0Net Assets 2015: $2,690,4382015Assets 2016: $2,805,528Liabilities 2016: $0Net Assets 2016: $2,805,5282016Assets 2017: $3,933,558Liabilities 2017: $0Net Assets 2017: $3,933,5582017Assets 2018: $4,251,505Liabilities 2018: $0Net Assets 2018: $4,251,5052018Assets 2019: $4,562,980Liabilities 2019: $0Net Assets 2019: $4,562,9802019Assets 2020: $4,793,384Liabilities 2020: $0Net Assets 2020: $4,793,3842020Assets 2021: $5,794,759Liabilities 2021: $0Net Assets 2021: $5,794,7592021Assets 2022: $6,080,607Liabilities 2022: $85,168Net Assets 2022: $5,995,4392022Assets 2023: $27,762,158Liabilities 2023: $12,311,729Net Assets 2023: $15,450,4292023Assets 2024: $27,600,248Liabilities 2024: $10,240,671Net Assets 2024: $17,359,5772024

Highlighted filing

2016

Assets$2,805,528
Liabilities$0
Net Assets$2,805,528
Open 2016 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0Expenses 2013: $109,7912013Revenue 2014: $705,466Expenses 2014: $233,695Net Income 2014: $471,7712014Revenue 2015: $582,643Expenses 2015: $391,970Net Income 2015: $190,6732015Revenue 2016: $481,928Expenses 2016: $290,541Net Income 2016: $191,3872016Revenue 2017: $1,201,479Expenses 2017: $273,420Net Income 2017: $928,0592017Revenue 2018: $700,281Expenses 2018: $345,741Net Income 2018: $354,5402018Revenue 2019: $743,672Expenses 2019: $361,630Net Income 2019: $382,0422019Revenue 2020: $365,532Expenses 2020: $158,501Net Income 2020: $207,0312020Revenue 2021: $511,049Expenses 2021: $444,998Net Income 2021: $66,0512021Revenue 2022: $1,310,424Expenses 2022: $456,173Net Income 2022: $854,2512022Revenue 2023: $25,089,175Expenses 2023: $22,363,840Net Income 2023: $2,725,3352023Revenue 2024: $26,470,392Expenses 2024: $25,143,367Net Income 2024: $1,327,0252024

Highlighted filing

2016

Revenue$481,928
Expenses$290,541
Net Income$191,387
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Aug 1, 2016
Return Version
2015v2.1
Gross Receipts
$481,928
Mission and Program Overview

Mission

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,151,392$2,418,930▲ $267,538
Cash and Non-Interest-Bearing Accounts$534,584$320,220▼ $214,364
Savings and Temporary Cash Investments-$63,403-
Land, Buildings, and Equipment, Net$4,462$2,975▼ $1,487
Total Assets$2,690,438$2,805,528▲ $115,090
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,269,685$1,223,400▼ $46,285
Permanently Rstr Net Assets$840,879$870,607▲ $29,728
Temporarily Rstr Net Assets$579,874$711,521▲ $131,647
Total Net Assets Fund Balance$2,690,438$2,805,528▲ $115,090
Total Liabilities and Net Assets / Fund Balance$2,690,438$2,805,528▲ $115,090

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,975$11,450$14,425

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$773,941$90,630▲ $22,613-$854,958
2013$707,155$57,157▲ $25,754-$773,941
2012$641,583$65,056▲ $12,179-$707,155
2011$538,788$102,795▲ $7,552-$641,583
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Brian SansgaardDirector
Cecilia HornerDirector
Karrie PringnitzDirector
Raymond BeebeDirector
Richard CorcoranDirector
Rod HoppDirector
Travis FinstadDirector
Matthew GriggsEx Officio
Roger EspeEx Officio
Revenue and Support

Revenue Composition

Contributions and Grants
$429,508
Program Service Revenue
$0
Investment Income
$24,365
Other Revenue
$28,055
All Other Contributions
$429,508
Change in Net Assets
$191,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,202
Salaries, Compensation, and Employee Benefits$61,339
Total Fundraising Expense$29,678
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$61,339-$61,339
Travel-$4,413$19,082$23,495
Insurance$13,090--$13,090
Office Expenses-$668$10,596$11,264
Fees for Services Accounting-$8,515-$8,515
All Other Expenses-$7,968-$7,968
Other Expenses$15,952$7,260-$7,260
Depreciation Depletion$1,487--$1,487
Total Functional Expenses$155,746$105,117$29,678$290,541
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
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 9

“Raymond beebe 3315 sage avenue forest city, ia 50436 richard corcoran first national bank sioux falls, sd 57117 travis finstad 12535 42nd place north plymouth, mn 55442 rod hopp 101 south central drive forest city, ia 50436 cecilia horner 3027 burnham ames, ia 50010 brian sansgaard 2227 110th street story city, ia 50248 karrie pringnitz 480 w. Lyons st. Garner, ia 50438 roger espe 3320 glencairn court 201 bonita springs, fl 34134 matthew griggs 74427 245th street albert lea, mn 56007”

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

“The board members review and approve.”

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

“Conflict of interest policy is enforced by board. Any transactions subject to this policy are reviewed by the board.”

Form 990, Page 6, Part VI, Line 19

“Documents are available via the website or written request.”

Filing and Contact Details

Filer

Filer Name
Waldorf Lutheran College
EIN
27-4358184
Address
116 EAST I STREET, FOREST CITY, IA 50436

Signing Officer

Name
Raymond Beebe
Title
Director
Signed
2016-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raymond Beebe
Formed
2011
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Dk Arndt Pc
Address
116 EAST I STREET, FOREST CITY, IA 50436-1760
Preparer
David K Arndt CPA
Phone
6415854631
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Form 990-organization's mission or most significant activities: the exempt purpose of the waldorf lutheran college foundation, inc. Is to provide financial support to waldorf college and to provide scholarships to students of waldorf college.”

Raw XML Appendix374 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O.
IRS990/AllOtherContributionsAmt0429508
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07968
IRS990/AllOtherExpensesGrp/TotalAmt07968
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0NANCY OLSOSN
IRS990/BooksInCareOfDetail/PhoneNum06415858142
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0106 SOUTH 6TH STREET
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0106 SOUTH 6TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0FOREST CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050436
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0534584
IRS990/CashNonInterestBearingGrp/EOYAmt0320220
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0429508
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt024365
IRS990/CYOtherExpensesAmt0229202
IRS990/CYOtherRevenueAmt028055
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0191387
IRS990/CYSalariesCompEmpBnftPaidAmt061339
IRS990/CYTotalExpensesAmt0290541
IRS990/CYTotalFundraisingExpenseAmt029678
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0481928
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01487
IRS990/DepreciationDepletionGrp/TotalAmt01487
IRS990/Desc0WALDOR LUTHERAN COLLEGE FOUNDATION, INC. HAS ESTABLISHED NUMEROUS SCHOLARSHIP FUNDS ALONG WITH A GENERAL ENDOWMENT FUND. THESE FUNDS WILL BE UTILIZED TO PROVIDE FINANCIAL SUPPORT AND SCHOLARSHIPS TO STUDENTS OF WALDORF COLLEGE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0155746
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08515
IRS990/FeesForServicesAccountingGrp/TotalAmt08515
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0RAYMOND BEEBE
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD CORCORAN
IRS990/Form990PartVIISectionAGrp/PersonNm2TRAVIS FINSTAD
IRS990/Form990PartVIISectionAGrp/PersonNm3ROD HOPP
IRS990/Form990PartVIISectionAGrp/PersonNm4CECILIA HORNER
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN SANSGAARD
IRS990/Form990PartVIISectionAGrp/PersonNm6KARRIE PRINGNITZ
IRS990/Form990PartVIISectionAGrp/PersonNm7ROGER ESPE
IRS990/Form990PartVIISectionAGrp/PersonNm8MATTHEW GRIGGS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt8EX OFFICIO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0481928
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt013090
IRS990/InsuranceGrp/TotalAmt013090
IRS990/InvestmentIncomeGrp/ExclusionAmt024365
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024365
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02151392
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02418930
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011450
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04462
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02975
IRS990/LandBldgEquipCostOrOtherBssAmt014425
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SEE SCHEDULE O.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02690438
IRS990/NetAssetsOrFundBalancesEOYAmt02805528
IRS990/NetUnrlzdGainsLossesInvstAmt0-76297
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt010596
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0668
IRS990/OfficeExpensesGrp/TotalAmt011264
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0SCHOLARSHIP EXPENSE
IRS990/OtherExpensesGrp/Desc1CAMPUS MINISTRY
IRS990/OtherExpensesGrp/Desc2PRINTING
IRS990/OtherExpensesGrp/Desc3ANNUITY PAYMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014954
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17260
IRS990/OtherExpensesGrp/ProgramServicesAmt0125217
IRS990/OtherExpensesGrp/ProgramServicesAmt115952
IRS990/OtherExpensesGrp/TotalAmt0125217
IRS990/OtherExpensesGrp/TotalAmt115952
IRS990/OtherExpensesGrp/TotalAmt214954
IRS990/OtherExpensesGrp/TotalAmt37260
IRS990/OtherRevenueMiscGrp/Desc0GAIN ON SALE OF SECURITIES
IRS990/OtherRevenueMiscGrp/Desc1ANNUITY INCOME
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt019859
IRS990/OtherRevenueMiscGrp/ExclusionAmt15445
IRS990/OtherRevenueMiscGrp/ExclusionAmt22751
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019859
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt15445
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt22751
IRS990/OtherRevenueTotalAmt028055
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt061339
IRS990/OtherSalariesAndWagesGrp/TotalAmt061339
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0840879
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0870607
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RAYMOND BEEBE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0493326
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt044010
IRS990/PYOtherExpensesAmt0287976
IRS990/PYOtherRevenueAmt045307
IRS990/PYRevenuesLessExpensesAmt0190673
IRS990/PYSalariesCompEmpBnftPaidAmt0103994
IRS990/PYTotalExpensesAmt0391970
IRS990/PYTotalRevenueAmt0582643
IRS990/ReconcilationRevenueExpnssAmt0191387
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt063403
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 122,821
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0429508
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0493326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0589494
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0605819
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0329070
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02447217
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024365
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt044010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt036643
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt012578
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03424
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0121020
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt028055
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt045307
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt077514
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0150876
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90000
IRS990ScheduleA/PublicSupportPY170Pct00.90190
IRS990ScheduleA/PublicSupportTotal170Amt02447217
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0429508
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0493326
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0589494
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0605819
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0329070
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02447217
IRS990ScheduleA/TotalSupportAmt02719113
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0773941
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt090630
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0854958
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt019849
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt022613
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0707155
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt057157
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0773941
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt016125
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt025754
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0641583
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt065056
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0707155
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt012179
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012179
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0538788
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0102795
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0641583
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt07552
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07552
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02975
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011450
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014425
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02975
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES: THE EXEMPT PURPOSE OF THE WALDORF LUTHERAN COLLEGE FOUNDATION, INC. IS TO PROVIDE FINANCIAL SUPPORT TO WALDORF COLLEGE AND TO PROVIDE SCHOLARSHIPS TO STUDENTS OF WALDORF COLLEGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RAYMOND BEEBE 3315 SAGE AVENUE FOREST CITY, IA 50436 RICHARD CORCORAN FIRST NATIONAL BANK SIOUX FALLS, SD 57117 TRAVIS FINSTAD 12535 42ND PLACE NORTH PLYMOUTH, MN 55442 ROD HOPP 101 SOUTH CENTRAL DRIVE FOREST CITY, IA 50436 CECILIA HORNER 3027 BURNHAM AMES, IA 50010 BRIAN SANSGAARD 2227 110TH STREET STORY CITY, IA 50248 KARRIE PRINGNITZ 480 W. LYONS ST. GARNER, IA 50438 ROGER ESPE 3320 GLENCAIRN COURT 201 BONITA SPRINGS, FL 34134 MATTHEW GRIGGS 74427 245TH STREET ALBERT LEA, MN 56007
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS REVIEW AND APPROVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST POLICY IS ENFORCED BY BOARD. ANY TRANSACTIONS SUBJECT TO THIS POLICY ARE REVIEWED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE VIA THE WEBSITE OR WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0579874
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0711521
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02690438
IRS990/TotalAssetsEOYAmt02805528
IRS990/TotalAssetsGrp/BOYAmt02690438
IRS990/TotalAssetsGrp/EOYAmt02805528
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0429508
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt029678
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0105117
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0155746
IRS990/TotalFunctionalExpensesGrp/TotalAmt0290541
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02690438
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02805528
IRS990/TotalProgramServiceExpensesAmt0155746
IRS990/TotalRevenueGrp/ExclusionAmt052420
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0481928
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02690438
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02805528
IRS990/TravelGrp/FundraisingAmt019082
IRS990/TravelGrp/ManagementAndGeneralAmt04413
IRS990/TravelGrp/TotalAmt023495
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01269685
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01223400
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03315 SAGE AVENUE
IRS990/USAddress/CityNm0FOREST CITY
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050436
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.WALDORFFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAYMOND BEEBE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALDORF LUTHERAN COLLEGE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WALD
ReturnHeader/Filer/EIN0274358184
ReturnHeader/Filer/USAddress/AddressLine1Txt0116 EAST I STREET
ReturnHeader/Filer/USAddress/CityNm0FOREST CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050436
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421462004
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DK ARNDT PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0116 EAST I STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FOREST CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0504361760
ReturnHeader/PreparerPersonGrp/PhoneNum06415854631
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID K ARNDT CPA
ReturnHeader/ReturnTs02016-08-22T16:27:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-06-01
ReturnHeader/TaxPeriodEndDt02016-05-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,805,528
Liabilities
$0
Net assets
$2,805,528
Revenue
$481,928
Expenses
$290,541
Net income
$191,387
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$27.6$10.2$17.4$26.5$25.1$1.33
2023Detailed filing. Detailed filing data is available for this year.$27.8$12.3$15.5$25.1$22.4$2.73
2022Detailed filing. Detailed filing data is available for this year.$6.08$0.09$6.00$1.31$0.46$0.85
2021Detailed filing. Detailed filing data is available for this year.$5.79$0.00$5.79$0.51$0.44$0.07
2020Detailed filing. Detailed filing data is available for this year.$4.79$0.00$4.79$0.37$0.16$0.21
2019Detailed filing. Detailed filing data is available for this year.$4.56$0.00$4.56$0.74$0.36$0.38
2018Detailed filing. Detailed filing data is available for this year.$4.25$0.00$4.25$0.70$0.35$0.35
2017Detailed filing. Detailed filing data is available for this year.$3.93$0.00$3.93$1.20$0.27$0.93
2016Detailed filing. Detailed filing data is available for this year.$2.81$0.00$2.81$0.48$0.29$0.19
2015Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.58$0.39$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.52$0.00$2.52$0.71$0.23$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.00$2.04$0.11