Civic Intelligence

St. Luke Foundation

990 • Fiscal year 2021 • EIN 34-1407996

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 11, 2022

220 Applegrove Street NENorth Canton, OH 44720

(330) 499-2486

Siviq Scores

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

Liabilities / Assets

45th percentile

0.09x

Higher debt load relative to assets than 45% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

1.73x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

84th percentile

46%

Higher net margin than 84% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

92nd percentile

$371,708

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 92.9% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

27th percentile

0.8%

Faster asset growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

87th percentile

94%

Faster revenue growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$7,368,059

Up $54,996 (+0.8%) from 2020

Net Assets

Up

$6,675,689

Up $501,642 (+8.1%) from 2020

Liabilities

Down

$692,370

Down $446,646 (-39%) from 2020

Revenue

Up

$400,031

Up $193,630 (+94%) from 2020

Expenses

Up

$217,413

Up $98,485 (+83%) from 2020

Net Income

Up

$182,618

Up $95,145 (+109%) from 2020

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2018: $6,276,938Liabilities 2018: $1,135,899Net Assets 2018: $5,141,0392018Assets 2019: $6,935,885Liabilities 2019: $1,150,758Net Assets 2019: $5,785,1272019Assets 2020: $7,313,063Liabilities 2020: $1,139,016Net Assets 2020: $6,174,0472020Assets 2021: $7,368,059Liabilities 2021: $692,370Net Assets 2021: $6,675,6892021Assets 2022: $6,646,960Liabilities 2022: $138,341Net Assets 2022: $6,508,6192022Assets 2023: $7,443,175Liabilities 2023: $153,413Net Assets 2023: $7,289,7622023

Highlighted filing

2021

Assets$7,368,059
Liabilities$692,370
Net Assets$6,675,689

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2018: $303,057Expenses 2018: $182,529Net Income 2018: $120,5282018Revenue 2019: $400,082Expenses 2019: $144,701Net Income 2019: $255,3812019Revenue 2020: $206,401Expenses 2020: $118,928Net Income 2020: $87,4732020Revenue 2021: $400,031Expenses 2021: $217,413Net Income 2021: $182,6182021Revenue 2022: $1,260,924Expenses 2022: $417,849Net Income 2022: $843,0752022Revenue 2023: $734,370Expenses 2023: $76,557Net Income 2023: $657,8132023

Highlighted filing

2021

Revenue$400,031
Expenses$217,413
Net Income$182,618
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 11, 2022
Return Version
2021v4.2
Gross Receipts
$400,031
Mission and Program Overview

Mission

St. Luke foundation provides faith-based services to enrich the lives of older adults and to make distributions to exempt organizations under section 501(c)(3) that provide support for long-term care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,905,905$5,271,477▲ $1,365,572
Land, Buildings, and Equipment, Net$1,458,420$1,458,420→ $0
Other Notes and Loans Receivable, Net$438,440$383,192▼ $55,248
Savings and Temporary Cash Investments$138,687$25,781▼ $112,906
Prepaid Expenses and Deferred Charges$5,000$4,000▼ $1,000
Total Assets$7,313,063$7,368,059▲ $54,996
Other Assets Total$1,366,611$225,189▼ $1,141,422
Liabilities
Other Liabilities$697,563$612,440▼ $85,123
Mortgage Notes Payable Secured by Investment Property$438,440$0▼ $438,440
Accounts Payable and Accrued Expenses$3,013$79,930▲ $76,917
Total Liabilities$1,139,016$692,370▼ $446,646
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,026,690$6,675,689▲ $1,648,999
Net Assets With Donor Restrictions$1,147,357$0▼ $1,147,357
Total Net Assets Fund Balance$6,174,047$6,675,689▲ $501,642
Total Liabilities and Net Assets / Fund Balance$7,313,063$7,368,059▲ $54,996

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,458,420-$1,458,420
Equipment$0$37,897$37,897
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Joyce MohlerCFOPT$87,988$87,988

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$19,609
Program Service Revenue
$0
Investment Income
$380,272
Other Revenue
$150
All Other Contributions
$19,609
Change in Net Assets
$182,618
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$200,280
Grants and Similar Amounts Paid$17,133
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$70,558$7,840-$78,398
Fees for Services Management-$60,893-$60,893
Fees for Service Investment Mgmnt Fees-$36,287-$36,287
Grants to Domestic Individuals$15,378--$15,378
Interest$12,677$1,409-$14,086
Fees for Services Accounting-$7,953-$7,953
Grants to Domestic Orgs$1,755--$1,755
Insurance$903$100-$1,003
Other Expenses$200$126-$200
Travel-$130-$130
Office Expenses-$72-$72
Total Functional Expenses$102,603$114,810$0$217,413
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$150
Gaming Direct Expenses$0
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
A/p - Related Party$602,533
Gift Annuity Payable$9,907
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft of the return is provided to management for their review and approval before filing.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available to the public upon request

Filing and Contact Details

Filer

Filer Name
St Luke Foundation
EIN
34-1407996
Phone
3304992486
Address
220 APPLEGROVE STREET NE, NORTH CANTON, OH 44720

Signing Officer

Name
Joyce Mohler
Title
CFO
Phone
3304992486
Signed
2022-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joyce Mohler
Formed
1983
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Cliftonlarsonallen Llp
Address
388 SOUTH MAIN STREET SUITE 420, AKRON, OH 44311
Preparer
Lisa Hilling
Phone
3303760100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of split interest agreement 374. Change in value of assets as limited to use 40,534.

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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0RESIDENT ASSISTANCE
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS A POLICY IN PLACE REGARDING RESIDENT ASSISTANCE AT THE ST LUKE COMMUNITY AT PORTAGE LAKES. THE CONDITIONS FOR ELIGIBILITY ARE DOCUMENTED AND CONSISTENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0359163
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt012545
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN SPIELER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0371708
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S CEO IS COMPENSATED BY A RELATED ORGANIZATION. COMPENSATION IS DETERMINED BY USING WRITTEN EMPLOYMENT CONTRACTS, COMPENSATION SURVEYS AND STUDIES, AND APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE RETURN IS PROVIDED TO MANAGEMENT FOR THEIR REVIEW AND APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 374. CHANGE IN VALUE OF ASSETS AS LIMITED TO USE 40,534.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE WATERFORD AT ST LUKE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ST LUKE LUTHERAN COMMUNITY - PORTAGE LAKES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2ST LUKE LUTHERAN COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3ST LUKE LUTHERAN COMMUNITY - MASSILLON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4ST LUKE LUTHERAN HOME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5ST LUKE LUTHERAN COMMUNITY - MINERVA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341719940
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1030483122
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2030483120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3030483116
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4340777664
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5263108193
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0INDEPENDENT LIVING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LONG-TERM CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2LONG-TERM CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3LONG-TERM CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4LONG-TERM CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5ASSISTED LIVING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt4LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt5LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0201 HOLL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1220 APPLEGROVE STREET NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2220 APPLEGROVE STREET NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3220 APPLEGROVE STREET NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt4220 APPLEGROVE STREET NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt5220 APPLEGROVE STREET NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NORTH CANTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1NORTH CANTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2NORTH CANTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3NORTH CANTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm4NORTH CANTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm5NORTH CANTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd4OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd5OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044720
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd144720
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd244720
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd344720
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd444720
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd544720
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00

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