Civic Intelligence

In His Steps Foundation

990 • Fiscal year 2018 • EIN 31-1512682

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

6801 Brecksville Road Suite 250Independence, OH 44131

(330) 528-1785

Siviq Scores

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

Liabilities / Assets

30th percentile

0.09x

Higher debt load relative to assets than 30% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

55th percentile

0.36x

Higher debt load relative to revenue than 55% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

21st percentile

-3.6%

Higher net margin than 21% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

19th percentile

$139,294

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

6th percentile

-11%

Faster asset growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

26th percentile

-2.6%

Faster revenue growth than 26% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Down

$27,423,229

Down $3,507,592 (-11%) from 2017

Net Assets

Down

$25,053,597

Down $5,068,397 (-17%) from 2017

Liabilities

Up

$2,369,632

Up $1,560,805 (+193%) from 2017

Revenue

Down

$6,584,039

Down $176,504 (-2.6%) from 2017

Expenses

Up

$6,821,893

Up $248,727 (+3.8%) from 2017

Net Income

Down

-$237,854

Down $425,231 (-227%) from 2017

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $14,928,390Liabilities 2011: $579,268Net Assets 2011: $14,349,1222011Assets 2012: $17,903,464Liabilities 2012: $738,399Net Assets 2012: $17,165,0652012Assets 2014: $20,987,225Liabilities 2014: $719,743Net Assets 2014: $20,267,4822014Assets 2015: $25,594,853Liabilities 2015: $704,713Net Assets 2015: $24,890,1402015Assets 2016: $27,579,028Liabilities 2016: $730,847Net Assets 2016: $26,848,1812016Assets 2017: $30,930,821Liabilities 2017: $808,827Net Assets 2017: $30,121,9942017Assets 2018: $27,423,229Liabilities 2018: $2,369,632Net Assets 2018: $25,053,5972018Assets 2019: $33,029,562Liabilities 2019: $3,125,438Net Assets 2019: $29,904,1242019Assets 2020: $40,099,765Liabilities 2020: $2,781,646Net Assets 2020: $37,318,1192020Assets 2021: $50,060,382Liabilities 2021: $8,047,360Net Assets 2021: $42,013,0222021Assets 2022: $51,823,951Liabilities 2022: $5,400,721Net Assets 2022: $46,423,2302022Assets 2024: $45,389,579Liabilities 2024: $5,339,311Net Assets 2024: $40,050,2682024

Highlighted filing

2018

Assets$27,423,229
Liabilities$2,369,632
Net Assets$25,053,597

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $3,742,7232011Expenses 2012: $3,666,4342012Revenue 2014: $6,572,379Expenses 2014: $5,701,524Net Income 2014: $870,8552014Revenue 2015: $11,102,198Expenses 2015: $5,412,568Net Income 2015: $5,689,6302015Revenue 2016: $7,605,167Expenses 2016: $5,773,631Net Income 2016: $1,831,5362016Revenue 2017: $6,760,543Expenses 2017: $6,573,166Net Income 2017: $187,3772017Revenue 2018: $6,584,039Expenses 2018: $6,821,893Net Income 2018: -$237,8542018Revenue 2019: $9,626,767Expenses 2019: $6,498,350Net Income 2019: $3,128,4172019Revenue 2020: $9,073,711Expenses 2020: $5,958,717Net Income 2020: $3,114,9942020Revenue 2021: $15,341,092Expenses 2021: $7,186,120Net Income 2021: $8,154,9722021Revenue 2022: $16,754,413Expenses 2022: $9,868,047Net Income 2022: $6,886,3662022Revenue 2024: $7,875,353Expenses 2024: $8,515,378Net Income 2024: -$640,0252024

Highlighted filing

2018

Revenue$6,584,039
Expenses$6,821,893
Net Income-$237,854
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$24,963,119
Mission and Program Overview

Mission

The organization's mission is to encourage and teach christlike stewardship which becomes the basis for personal giving and estate planning and to also provide a prudently managed repository for capital.

To encourage and teach christlike stewardship which becomes the basis for personal giving and estate planning; to also provide a prudently managed repository for capital, invested for the purpose of distribution to ministries proclaiming the gospel of jesus christ and for other charitable purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$27,445,749$23,755,457▼ $3,690,292
Savings and Temporary Cash Investments$1,268,464$1,554,887▲ $286,423
Cash and Non-Interest-Bearing Accounts$733,625$409,941▼ $323,684
Land, Buildings, and Equipment, Net$19,818$17,859▼ $1,959
Prepaid Expenses and Deferred Charges$1,362$3,003▲ $1,641
Total Assets$30,930,821$27,423,229▼ $3,507,592
Other Assets Total$1,461,803$1,682,082▲ $220,279
Liabilities
Other Liabilities$2,486,410$2,357,918▼ $128,492
Unsecured Notes Loans Payable$13,514$7,332▼ $6,182
Accounts Payable and Accrued Expenses$3,127$4,382▲ $1,255
Total Liabilities$2,503,051$2,369,632▼ $133,419
Net Assets / Fund Balance
Unrestricted Net Assets$28,427,770$25,053,597▼ $3,374,173
Total Net Assets Fund Balance$28,427,770$25,053,597▼ $3,374,173
Total Liabilities and Net Assets / Fund Balance$30,930,821$27,423,229▼ $3,507,592

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,863$9,909$24,772
Other Land Buildings$2,996$158$3,154
Other Assets Org$62,677--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,563,060--$96,875$1,466,185
2017$1,548,060$15,000--$1,563,060
2016$1,548,060---$1,548,060
2015$1,489,154$58,906--$1,548,060
2014$1,440,160$48,994--$1,489,154
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert S CathcartExecutive DiFT$105,950$33,344$139,294

Board Members and Trustees

NameTitle
John J JazwaChairman
Alice HitchcockPresident, S
Carolyn BeckettTrustee
Jerry PetekTrustee
Peter ConwayTrustee
Robert DavisTrustee
John DurossTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,591,378
Program Service Revenue
$0
Investment Income
$1,949,656
Other Revenue
$43,005
All Other Contributions
$4,591,378
Change in Net Assets
$-237,854

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded5$1,030,584
Total Noncash Contributions5$1,030,584

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,584,039
Total Revenue per Audited Statements
$6,584,039
Total Revenue per Form 990
$6,584,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,380,526
Other Expenses$254,331
Salaries, Compensation, and Employee Benefits$187,036
Total Fundraising Expense$41,171
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$6,147,026--$6,147,026
Foreign Grants$233,500--$233,500
Fees for Service Investment Mgmnt Fees$124,375$24,875$16,583$165,833
Current Officers, Directors, Trustees, and Key Employees$104,471$20,894$13,929$139,294
Other Salaries and Wages$35,895$54$36$35,985
Advertising$23,066$2,883$2,883$28,832
Fees for Services Accounting$9,548$1,910$1,273$12,731
Payroll Taxes$11,727$18$12$11,757
Occupancy$4,403$2,201$2,201$8,805
Information Technology$2,998$1,499$1,499$5,996
Travel$4,393$879$586$5,858
Depreciation Depletion$4,209$767$511$5,487
Conferences and Meetings$2,263$453$302$3,018
Insurance$1,274$255$170$1,699
Fees for Services Other$957$191$128$1,276
All Other Expenses$512$245$243$1,000
Other Expenses$371$185$185$741
Office Expenses$246$123$123$492
Total Functional Expenses$6,722,782$57,940$41,171$6,821,893

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,821,893
Total Expenses per Audited Statements$6,821,893
Total Expenses per Form 990$6,821,893
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CruCuyahoga Falls, OH501c3General Support$682,600
CbnWestlake, OH501c3General Support$399,996
Youth for Christ-501c3General Support$161,954
Restore Addiction ReceoveryNiles, MI501c3General Support$150,000
Christian & Missionary AllianceWooster, OH501c3General Support$136,000
National Christian FoundationWashington, DC501c3General Support$125,361
Mission Increase FoundationSt Louis, MO501c3General Support$124,897
Operation Exodus USAPalm Desert, CA501c3General Support$99,800
Image Clear Ultrasound MobileWarren, OH501c3General Support$85,000
ST LUKE'S CHURCHStow, OH501c3General Support$71,304
Intercessors for AmericaCleveland, OH501c3General Support$65,500
Wycliffe Bible Translators-501c3General Support$64,500
The Chapel AkronNew Haven, CT501c3General Support$64,000
Scranton Road MinistriesAsheville, NC501c3General Support$61,600
Maranatha Bible ChurchMedina, OH501c3General Support$60,000
Harvestnet MinistriesAkron, OH501c3General Support$59,354
Crossroad FarmsOrlando, FL501c3General Support$53,000
Cbmc USAVirginia Beach, VA501c3General Support$52,900
Cornerstone of HopeElyria, OH501c3General Support$50,000
New Covenant FellowshipCleveland, OH501c3General Support$50,000
Rzim Global FundAlexandria, VA501c3General Support$50,000
The Well Com Develp Corp AkronCleveland, OH501c3General Support$50,000
Aglow InternationalAkron, OH501c3General Support$49,992
Open DoorsLancaster, NY501c3General Support$49,992
American Policy RoundtableMount Pleasant, SC501c3General Support$49,400
The City MissionAkron, OH501c3General Support$47,500
Christian Training CenterElyria, OH501c3General Support$46,000
Haven of Rest MinistriesPalm Desert, CA501c3General Support$45,000
Cornerstone Christian AcademyTallamadge, OH501c3General Support$44,900
FcaElyria, OH501c3General Support$44,633
Christ Church Vero BeachHudson, OH501c3General Support$44,000
Alpha USATwinsburg, OH501c3General Support$43,500
Compassion InternationalWashington, DC501c3General Support$43,280
Crosspoint Alliance ChurchReading, MI501c3General Support$42,000
Harvest Presbyterian ChurchCleveland, OH501c3General Support$41,000
Advent Episcopal ChurchBurton, OH501c3General Support$39,000
Young Life-501c3General Support$38,300
Hydrating HumanityAkron, OH501c3General Support$36,600
The Journey ChurchCanton, OH501c3General Support$35,000
God Cares MinistryChardon, OH501c3General Support$33,200
True Freedom MinistriesCharlotte, NC501c3General Support$33,124
Focus on the FamilyCoconut Creek, FL501c3General Support$32,600
International Justice MissionMadison, WI501c3General Support$32,400
Cornerstone Pregnancy ServicesWashington Dc, DC501c3General Support$31,839
Parkside ChurchKent, OH501c3General Support$31,500
Concerned Women for AmericaWilloughby Hills, OH501c3General Support$31,000
Centerpoint ChurchMansfield, OH501c3General Support$30,000
Heartbeat at 22Charlotte, NC501c3General Support$30,000
Mosaic VirginiaAlpharetta, GA501c3General Support$30,000
New Life MinistriesBrunswick, OH501c3General Support$30,000
Pregnancy Solutions & ServicesPainesville Twp, OH501c3General Support$30,000
Scranton Road ChruchCleveland, OH501c3General Support$30,000
South Akron MinistriesAkron, OH501c3General Support$30,000
Kent State UniversityParma, OH501c3General Support$28,280
CredoAkron, OH501c3General Support$28,195
Love MercyNovelty, OH501c3General Support$26,400
Ron Hutchcraft MinistriesNorcross, GA501c3General Support$25,600
Bay Presbyterian ChurchWarren, OH501c3General Support$25,000
FLORIDA BAPTIST CHILDREN'S HOMEColorado Springs, CO501c3General Support$25,000
International Cooperating MinistrieTwinsburg, OH501c3General Support$25,000
Miami University FoundationPortland, OR501c3General Support$25,000
Nehemiah CollaborativeChardon, OH501c3General Support$25,000
SeednetAkron, OH501c3General Support$25,000
Town of Swans IslandCleveland, OH501c3General Support$25,000
Grace Bible ChurchPickerington, OH501c3General Support$24,000
Wec InternationalColorado Springs, CO501c3General Support$24,000
Azusa Pacific UniversityBay Village, OH501c3General Support$22,900
Fellowship Bible ChurchConcord, NC501c3General Support$22,300
Akron Baptist TempleAkron, OH501c3General Support$22,000
Honor Therapy DogsCincinnati, OH501c3General Support$22,000
Ambassadors FootballStrongsville, OH501c3General Support$21,100
Truth Movement USA ClevelandCharlotte, NC501c3General Support$21,000
Church of the ResurectionCleveland, OH501c3General Support$20,400
Journey Community ChurchColumbus, OH501c3General Support$20,000
Little Lights MinistryElyria, OH502c3General Support$20,000
Palm Desert Com PresbyterianChagrin Falls, OH501c3General Support$20,000
Project Hope for the HomelessCorpus Christi, TX501c3General Support$20,000
Refuge of HopeOrlando, FL501c3General Support$20,000
Sat 7Cleveland, OH501c3General Support$20,000
Seacoast ChurchAshland, OH501c3General Support$20,000
The CallColorado Springs, CO501c3General Support$20,000
True Freedom EnterprisesDallas, TX501c3General Support$20,000
Christian Community SchoolFranklin, NC501c3General Support$19,750
Derek Prince MinistryAlton, IL501c3General Support$19,600
Agape Christian AcademyEdmonds, WA501c3General Support$19,040
Judah Christian CommunityPinellas Park, FL501c3General Support$19,000
Building Hope in the CityBoca Raton, FL501c3General Support$18,000
Favour AfricaMableton, GA501c3General Support$18,000
New Hope ChapelLaguna Beach, CA501c3General Support$18,000
SAMARITAN'S PURSEEaston, MD501c3General Support$17,500
Cuyahoga Valley Christian AcademyBoradview Heights, OH501c3General Support$16,650
Christ Community ChapelRichardson, TX501c3General Support$15,890
Food for the PoorApex, NC501c3General Support$15,800
Urban VisionTown and Country, MO501c3General Support$15,250
Akron Pregnancy ServicesCleveland Heights, OH501c3General Support$15,000
Asbury ChapelAzusa, CA501c3General Support$15,000
Burnham Ministries IntlLorain, OH501c3General Support$15,000
Church of the Open DoorSolon, OH501c3General Support$15,000
Council for National PolicyWheaton, IL501c3General Support$15,000
Fathers Vineyard ChurchBradenton, FL501c3General Support$15,000
Fire InternationalElyria, OH501c3General Support$15,000
H4i Heart for IranCadiz, OH501c3General Support$15,000
Harrison County Humane SocietyMedina, OH501c3General Support$15,000
International Football FoundationWashington, DC501c3General Support$15,000
Jews for JesusAgoura Hills, CA501c3General Support$15,000
Love Inc Lorain CountyIndependence, OH501c3General Support$15,000
Mission to the Amish PeopleCoshocton, OH501c3General Support$15,000
Quiet Time MinistriesEustis, FL501c3General Support$15,000
Mission to North America-501c3Operating Support$14,700
SWAN'S ISLAND EDUCATIONAL SOCIETYAkron, OH501c3General Support$14,000
Bethel Church ClevelandVermilion, OH501c3General Support$13,500
Child Evangelism FellowshipPalo Alto, CA501c3General Support$13,000
Lud Golz MinistriesAkron, OH501c3General Support$13,000
The NavigatorsSwans Island, ME501c3General Support$12,650
Moody RadioLansdowne, VA501c3General Support$12,600
Stow PresbyterianParma, OH501c3General Support$12,200
ChristarColorado Springs, CO501c3General Support$12,000
First Community InterfaithAkron, OH501c3General Support$12,000
Grace FellowshipChesapeake, VA501c3General Support$12,000
Love Inc Greater HolmesOlathe, KS501c3General Support$12,000
Mms AviationColumbia, MO501c3General Support$12,000
Pj Meduri MinistriesCanton, OH501c3General Support$12,000
United in ChristNorth Charleston, SC501c3General Support$12,000
Go ForthAvon Lake, OH501c3General Support$11,947
Coalition of Christian OutreachColorado Springs, CO501c3General Support$11,700
Cleveland Pregnancy CenterPittsburgh, PA501c3General Support$11,000
Truth for LifeAkron, OH501c3General Support$10,800
Salvation ArmyBoone, NC501c3General Support$10,537
RzimAlpharetta, GA501c3General Support$10,300
Inspiring MindsPurcellville, VA501c3General Support$10,020
Aces in ActionWestlake, OH501c3General Support$10,000
Anglican Leadership InstituteCadiz, OH501c3General Support$10,000
BELLA WOMEN'S CENTERMiddleburg Heights, OH501c3General Support$10,000
Broken Chains Prison MinistryCleveland, OH501c3General Support$10,000
Buses InternationalChattanooga, TN501c3General Support$10,000
CHRISTIAN CHILDREN'S HOMENorth Eaton, OH501c3General Support$10,000
Childrens Health CouncilMechanicsburg, PA501c3General Support$10,000
Eastgate CreativeAkron, OH501c3General Support$10,000
Hope Over HeroinWinstonsalem, NC501c3General Support$10,000
International Assoc of MissionsHampton, VA501c3General Support$10,000
Jesus AllianceSan Francisco, CA501c3General Support$10,000
Julio C Rubial FoundationKent, OH501c3General Support$10,000
Lighthouse MinistriesWashington, DC501c3General Support$10,000
One HopeSanta Ana, CA501c3General Support$10,000
Pregnancy Choices StarkAkron, OH501c3General Support$10,000
RafikiFairlawn, OH501c3General Support$10,000
Revive Our HeartsRound Lake Beach, IL501c3General Support$10,000
South Street MinistriesDallas, TX501c3General Support$10,000
Summit AdventureColorado Springs, CO501c3General Support$10,000
United World MissionFort Washington, PA501c3General Support$10,000
Westminster Christian AcademyEnglewood, CO501c3General Support$10,000
Alliance for Family HopeBannockburn, IL501c3General Support$9,500
Mission St LouisSavannah, OH501c3General Support$9,500
First GlanceLakeland, FL501c3General Support$9,059
Beulah Beach CampCrete, IL501c3General Support$9,000
Cef CantonGirard, OH501c3General Support$9,000
Intervarsity Christian FellowshipTallahassee, FL501c3General Support$8,500
Global Service NetworkApple Creek, OH501c3General Support$8,000
Joni and FriendsFairview Park, OH501c3General Support$8,000
Reliant MissionHudson, OH501c3General Support$8,000
RimiHarrison, AR501c3General Support$8,000
St Mark ChurchBass Lake, CA501c3General Support$8,000
Tiqvah Hands of HopeCleveland, OH501c3General Support$8,000
Oaks Family Care CenterColumbus, OH501c3General Support$7,658
Emmanuel Christian AcademySpindale, NC501c3General Support$7,500
FciiChagrin Falls, OH501c3General Support$7,500
AbweNew Cumberland, PA501c3General Support$7,200
Cef AkronCanton, OH501c3General Support$7,000
Eagle Forum of OhioOld Hickory, TN501c3General Support$7,000
Medina Christian AcademyOxford, OH501c3General Support$7,000
St James United MethodistSwans Island, ME501c3General Support$7,000
Westside Christian Academy-501c3General Support$7,000
The Rivendell InstituteCleveland, OH501c3General Support$6,960
Water MissionOrlando, FL501c3General Support$6,500
Cornerstone Community SchoolIndependence, OH501c3General Support$6,111
Bible LeagueDuncanville, TX501c3General Support$6,000
Bill Glass MinistryAkron, OH501c3General Support$6,000
CHINA'S OUTREACH MISSIONVero Beach, FL501c3General Support$6,000
CeaiCuyahoga Falls, OH501c3General Support$6,000
Cuyahoga Valley ChurchCharlotte, NC501c3General Support$6,000
Good News Jail MinistryStow, OH501c3General Support$6,000
Lakeview Church of GodLakeland, FL501c3General Support$6,000
Love Inc CuyahogaMillersburg, OH501c3General Support$6,000
National Right to LifeCleveland, OH501c3General Support$6,000
Ohio Right to LifePompano Beach, FL501c3General Support$6,000
Rahab MinistriesCanton, OH501c3General Support$6,000
Sozo CoalitionCleveland, OH501c3General Support$6,000
The Agora GroupCleveland, OH501c3General Support$6,000
Vision for IsraelWestlake, OH501c3General Support$6,000
Mobility WorldwideChicago, IL501c3General Support$5,250

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
AustraliaGrants to RecipientNew Dormitory---
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
Agency Funds Held for Endowment$1,627,335
Charitable Gift Annuities$730,583
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 990 will be reviewed by the executive director prior to filing and provided to the full board at the next meeting following the filing date for their review

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

The board self monitors itself through adherence to policy on a regular basis.

Form 990, Page 6, Part VI, Line 15A

The board of directors reviews and approves the compensation of the executive director on an annual basis.

Form 990, Page 6, Part VI, Line 19

The organization does not make its governing documents available to the public. All public governing documents pertaining to in his steps foundation are available for inspection at the secretary of state of ohio's website which displays original incorporation filings as well as required update filings with the state.

Filing and Contact Details

Filer

Filer Name
In His Steps Foundation
EIN
31-1512682
Phone
3305281785
Address
6801 BRECKSVILLE ROAD SUITE 250, INDEPENDENCE, OH 44131

Signing Officer

Name
Robert S Cathcart
Title
Executive Director
Phone
3305281785
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert S Cathcart
Formed
1997
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
7

Preparer

Firm
Crum & Company
Address
1640 AKRON PENINSULA RD STE 102, AKRON, OH 44313
Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To encourage and teach christlike stewardship which becomes the basis for personal giving and estate planning; to also provide a prudently managed repository for capital, invested for the purpose of distribution to ministries proclaiming the gospel of jesus christ and for other charitable purposes.

Form 990, Page 2, Part III, Line 4A

Help people discover gods plan of stewardship for their wealth and implement that plan through utilizing all the benefits of a low-cost public foundation dedicated to helping other ministries. Help families start and use a family foundation fund for christian philanthropy. Help churches and ministries start and grow an endowment for their future stability. Grow our investments using carefully selected professional financial advisors supervised by the investment committee. Annually make grants from our general fund to carefully selected n.e. Ohio christian ministries. Equip gods people in biblical stewardship through teaching, public meetings and private counseling. Offer and administer planned future gifts that provide current tax-wise benefits to donors. Partner with like-minded legal, financial and estate planning professionals to advocate a biblical model of stewardship. Participate with the national center for christian foundations, and other collaborative resources for mutual enrichment.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Financial support of established christian and/or charitable organizations.

Schedule D, Page 3, Part X

The preparation of financial statements in conformity with accounting principles generally accepted in the united states of america requires the foundation to report information regarding its exposure to various tax positions taken by the foundation. The foundation has determined whether any tax positions have met the recognition threshold and have measured the foundation's exposure to those tax positions. Management believes that the foundation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state authorities generally have the right to examine and audit the previous three years of tax returns filed. Any interest or penalties assessed to the foundation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.

Raw XML AppendixShowing 400 of 2,147 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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IRS990ScheduleD/RevenueSubtotalAmt06584039
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FINANCIAL SUPPORT OF ESTABLISHED CHRISTIAN AND/OR CHARITABLE ORGANIZATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE FOUNDATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE FOUNDATION. THE FOUNDATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE FOUNDATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE FOUNDATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE FOUNDATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017859
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01682082
IRS990ScheduleD/TotalExpensesPerForm990Amt06821893
IRS990ScheduleD/TotalLiabilityAmt02357918
IRS990ScheduleD/TotalRevenuePerForm990Amt06584039
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06584039
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06821893
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0AUSTRALIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0NEW DORMITORY
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS TO RECIPIENT
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0233500
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK/ TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0MINISTRY SUPPORT
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.4$5.34$40.1$7.88$8.52$0.64
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.8$5.40$46.4$16.8$9.87$6.89
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.1$8.05$42.0$15.3$7.19$8.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.1$2.78$37.3$9.07$5.96$3.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.0$3.13$29.9$9.63$6.50$3.13
2018Detailed filing. Detailed filing data is available for this year.$27.4$2.37$25.1$6.58$6.82$0.24
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.9$0.81$30.1$6.76$6.57$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.6$0.73$26.8$7.61$5.77$1.83
2015Detailed filing. Detailed filing data is available for this year.$25.6$0.70$24.9$11.1$5.41$5.69
2014Detailed filing. Detailed filing data is available for this year.$21.0$0.72$20.3$6.57$5.70$0.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$0.74$17.2$3.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$0.58$14.3$3.74