Civic Intelligence

Somerset Lane Inc.

990 • Fiscal year 2016 • EIN 31-1048542

Jan 01, 2016 to Dec 31, 2016 • Filed on May 09, 2017

Organization ProfileN/A
2700 E Dublin-Granville RdColumbus, OH 43231

(614) 818-4640

Siviq Scores

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

Liabilities / Assets

96th percentile

1.48x

Higher debt load relative to assets than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

3.86x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

58th percentile

5.8%

Higher net margin than 58% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets96th percentile

Assets

$994,168

No earlier filing loaded for comparison.

Net Assets

-$479,318

No earlier filing loaded for comparison.

Liabilities

$1,473,486

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin58th percentile

Revenue

$382,050

No earlier filing loaded for comparison.

Expenses

$359,863

No earlier filing loaded for comparison.

Net Income

$22,187

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$2.0M$1.0M$0-$1.0MAssets 2016: $994,168Liabilities 2016: $1,473,486Net Assets 2016: -$479,3182016Assets 2017: $961,154Liabilities 2017: $1,446,624Net Assets 2017: -$485,4702017Assets 2018: $878,621Liabilities 2018: $1,429,397Net Assets 2018: -$550,7762018Assets 2019: $838,633Liabilities 2019: $1,393,176Net Assets 2019: -$554,5432019Assets 2020: $812,202Liabilities 2020: $1,380,104Net Assets 2020: -$567,9022020Assets 2021: $777,796Liabilities 2021: $1,333,790Net Assets 2021: -$555,9942021Assets 2022: $730,873Liabilities 2022: $1,359,109Net Assets 2022: -$628,2362022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2016

Assets$994,168
Liabilities$1,473,486
Net Assets-$479,318
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2016: $382,050Expenses 2016: $359,863Net Income 2016: $22,1872016Revenue 2017: $387,646Expenses 2017: $393,798Net Income 2017: -$6,1522017Revenue 2018: $398,895Expenses 2018: $464,201Net Income 2018: -$65,3062018Revenue 2019: $400,374Expenses 2019: $404,143Net Income 2019: -$3,7692019Revenue 2020: $414,021Expenses 2020: $427,378Net Income 2020: -$13,3572020Revenue 2021: $420,309Expenses 2021: $408,401Net Income 2021: $11,9082021Revenue 2022: $413,348Expenses 2022: $485,590Net Income 2022: -$72,2422022Revenue 2023: $244,670Expenses 2023: $415,007Net Income 2023: -$170,3372023

Highlighted filing

2016

Revenue$382,050
Expenses$359,863
Net Income$22,187
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 9, 2017
Return Version
2016v3.0
Gross Receipts
$382,050
Mission and Program Overview

Mission

The nonprofit organization owns real estate in the form of an apartment complex for the elderly & handicapped under Section 202

The nonprofit organization owns real estate in the form of an apartment complex for the elderly & handicapped under Section 202 of the National Housing Act. Rent supplements are received by HUD.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$740,832$691,495▼ $49,337
Savings and Temporary Cash Investments$103,436$139,102▲ $35,666
Intangible Assets$109,523$105,641▼ $3,882
Cash and Non-Interest-Bearing Accounts$32,852$51,461▲ $18,609
Prepaid Expenses and Deferred Charges$4,706$4,709▲ $3
Accounts Receivable$2,269$1,760▼ $509
Total Assets$993,618$994,168▲ $550
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,448,453$1,421,476▼ $26,977
Accounts Payable and Accrued Expenses$34,358$39,692▲ $5,334
Other Liabilities$12,312$12,318▲ $6
Total Liabilities$1,495,123$1,473,486▼ $21,637
Net Assets / Fund Balance
Unrestricted Net Assets$-501,505$-479,318▲ $22,187
Total Net Assets Fund Balance$-501,505$-479,318▲ $22,187
Total Liabilities and Net Assets / Fund Balance$993,618$994,168▲ $550

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$579,422$836,372-
Other Land Buildings$12,027$180,652-
Land$85,766--
Equipment$14,280$195,792-
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
William MoorheadPresident
James W PhiefferTrustee
William MoorheadTrustee
Amy JohnstonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$381,938
Investment Income
$112
Other Revenue
$0
Change in Net Assets
$22,187

Audited Revenue Reconciliation

Revenue per Audited Statements
$382,050
Total Revenue per Audited Statements
$382,050
Total Revenue per Form 990
$382,050
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$286,753
Salaries, Compensation, and Employee Benefits$73,110
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$41,433$20,721$0$62,154
Interest$60,727$0$0$60,727
Depreciation Depletion$53,218$0$0$53,218
All Other Expenses$40,723$0$0$40,723
Fees for Services Management$0$27,919$0$27,919
Insurance$11,449$0$0$11,449
Fees for Services Accounting$0$9,080$0$9,080
Payroll Taxes$4,417$2,271$0$6,688
Information Technology$4,929$0$0$4,929
Other Employee Benefits$599$3,669$0$4,268
Other Expenses$3,543$0$0$3,543
Office Expenses$0$1,277$0$1,277
Travel$1,077$0$0$1,077
Advertising$255$0$0$255
Fees for Services Legal$50$0$0$50
Total Functional Expenses$292,951$66,912$0$359,863

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$359,863
Total Expenses per Audited Statements$359,863
Total Expenses per Form 990$359,863
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$11,274
Unearned Revenue$1,044
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Filing and Contact Details

Filer

Filer Name
Somerset Lane Inc
EIN
31-1048542
Phone
6148184640
Address
2700 E Dublin-Granville Rd, Columbus, OH 43231

Signing Officer

Name
William Moorhead
Title
President
Phone
6148184640
Signed
2017-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Moorhead
Formed
1985
Legal Domicile
Oh
Voting Board Members
1
Independent Board Members
1
Employees
4
Volunteers
1

Preparer

Firm
Douglas L Myers & Associates
Address
650 Shawan Falls Dr Ste 200, Dublin, OH 43017-2100
Preparer
Douglas L Myers CPA
Phone
6147665138
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

“The organization's only activity is the operation of a rental apartment complex for the elderly. The organization has entered into a management agreement, as approved by HUD, with an independent company giving the company all contractual rights to manage the rental operations.”

Pt VI, Line 11B

“The organization has a written agreement with a management company to operate its real estate activity. As the organization's managing agent, the management company is responsible for all of the financial matters relating to the rental operations including the annual audit engagement required by HUD and the preparation of Form 990. Therefore, the controller of the company reviews the annual form 990 which is prepared by a CPA firm, and an officer of the management company signs it.”

Pt VI, Line 19

“The organization's governing documents, conflict of interest policy and financial statements, as applicable, are only available to the public upon request.”

Form 990EZ, Part I, Line 16

“Office Expenses”

Form 990EZ, Part I, Line 16

“Misc. Administrative Expenses”

Form 990EZ, Part I, Line 16

“Advertising”

Form 990EZ, Part I, Line 16

“Management Fees”

Form 990EZ, Part I, Line 16

“Utilities”

Form 990EZ, Part I, Line 16

“Other Renting Expenses”

Form 990EZ, Part I, Line 16

“Repairs & Maintenance”

Form 990EZ, Part I, Line 16

“Trash Removal”

Form 990EZ, Part I, Line 16

“Snow Removal”

Form 990EZ, Part I, Line 16

“Insurance”

Form 990EZ, Part I, Line 16

“Real Estate Taxes”

Form 990EZ, Part I, Line 16

“Quarters Allowance”

Form 990EZ, Part I, Line 16

“Exterminating”

Form 990EZ, Part II, Line 24

“Accounts Receivable - Net”

Form 990EZ, Part II, Line 24

“Deposits”

Form 990EZ, Part II, Line 26

“Accounts Payable & Accrued Expenses”

Form 990EZ, Part II, Line 26

“Bonds, Mortgages & Other Notes”

Form 990EZ, Part II, Line 26

“Tenant Security Deposits”

Form 990, Part IX, Line 24E

“Telephone, Internet/Cable 3004. 3004. 0. 0.”

Form 990, Part IX, Line 24E

“Real Estate Taxes 23630. 23630. 0. 0.”

Form 990, Part IX, Line 24E

“Grounds Contract/Supplies 3168. 3168. 0. 0.”

Form 990, Part IX, Line 24E

“Trash Removal 3931. 3931. 0. 0.”

Form 990, Part IX, Line 24E

“Cleaning & Maintenance 3080. 3080. 0. 0.”

Form 990, Part IX, Line 24E

“Snow Removal 840. 840. 0. 0.”

Form 990, Part IX, Line 24E

“Relief Manager 1430. 1430. 0. 0.”

Form 990, Part IX, Line 24E

“Exterminating 459. 459. 0. 0.”

Form 990, Part IX, Line 24E

“Bad Debt Expense 1181. 1181. 0. 0.”

Raw XML AppendixShowing 400 of 487 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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0381938
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0380553
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0366823
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0358742
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0370499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01858555
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0113
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0872
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01929
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03132
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99830
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99710
IRS990ScheduleA/PublicSupportTotal170Amt01858555
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0381938
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0380553
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0366823
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0358742
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0370499
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01858555
IRS990ScheduleA/TotalSupportAmt01861687
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0579422
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0836372
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01415794
IRS990ScheduleD/EquipmentGrp/BookValueAmt014280
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0195792
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0210072
IRS990ScheduleD/ExpensesSubtotalAmt0359863
IRS990ScheduleD/LandGrp/BookValueAmt085766
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt085766
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012027
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0180652
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0192679
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011274
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11044
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Unearned Revenue
IRS990ScheduleD/RevenueSubtotalAmt0382050
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0691495
IRS990ScheduleD/TotalExpensesPerForm990Amt0359863
IRS990ScheduleD/TotalLiabilityAmt012318
IRS990ScheduleD/TotalRevenuePerForm990Amt0382050
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0382050
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0359863
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization's only activity is the operation of a rental apartment complex for the elderly. The organization has entered into a management agreement, as approved by HUD, with an independent company giving the company all contractual rights to manage the rental operations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has a written agreement with a management company to operate its real estate activity. As the organization's managing agent, the management company is responsible for all of the financial matters relating to the rental operations including the annual audit engagement required by HUD and the preparation of Form 990. Therefore, the controller of the company reviews the annual form 990 which is prepared by a CPA firm, and an officer of the management company signs it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization's governing documents, conflict of interest policy and financial statements, as applicable, are only available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Office Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Misc. Administrative Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advertising
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Management Fees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Utilities
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Other Renting Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Repairs & Maintenance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Trash Removal
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Snow Removal
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Insurance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Real Estate Taxes
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Quarters Allowance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Exterminating
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Accounts Receivable - Net
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Deposits
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Accounts Payable & Accrued Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Bonds, Mortgages & Other Notes
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Tenant Security Deposits
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Telephone, Internet/Cable 3004. 3004. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Real Estate Taxes 23630. 23630. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23Grounds Contract/Supplies 3168. 3168. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24Trash Removal 3931. 3931. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25Cleaning & Maintenance 3080. 3080. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26Snow Removal 840. 840. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27Relief Manager 1430. 1430. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28Exterminating 459. 459. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29Bad Debt Expense 1181. 1181. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc28Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc29Form 990, Part IX, Line 24e
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Salem Lutheran Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0316084166
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Scholarships for Seminaries
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02700 E Dublin-Granville
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Columbus
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd043231
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false

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
$994,168
Liabilities
$1,473,486
Net assets
-$479,318
Revenue
$382,050
Expenses
$359,863
Net income
$22,187
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.24$0.42$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.73$1.36$0.63$0.41$0.49$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.78$1.33$0.56$0.42$0.41$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.81$1.38$0.57$0.41$0.43$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.84$1.39$0.55$0.40$0.40$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.88$1.43$0.55$0.40$0.46$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.96$1.45$0.49$0.39$0.39$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.99$1.47$0.48$0.38$0.36$0.02