Civic Intelligence

St. John-St Paul Evangelical Lutheran Church Endowment Fund

990 • Fiscal year 2018 • EIN 34-1705880

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 15, 2018

2726 West Market StreetAkron, OH 44333

(330) 253-6835

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

93rd percentile

57%

Higher net margin than 93% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

57th percentile

3.1%

Faster asset growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

3rd percentile

-64%

Faster revenue growth than 3% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,199,709

Up $35,818 (+3.1%) from 2017

Net Assets

Up

$1,199,709

Up $35,818 (+3.1%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$42,766

Down $74,446 (-64%) from 2017

Expenses

Up

$18,397

Up $7,820 (+74%) from 2017

Net Income

Down

$24,369

Down $82,266 (-77%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $1,163,891Liabilities 2017: $0Net Assets 2017: $1,163,8912017Assets 2018: $1,199,709Liabilities 2018: $0Net Assets 2018: $1,199,7092018Assets 2019: $1,215,180Liabilities 2019: $0Net Assets 2019: $1,215,1802019Assets 2020: $1,203,693Liabilities 2020: $0Net Assets 2020: $1,203,6932020Assets 2021: $1,305,168Liabilities 2021: $0Net Assets 2021: $1,305,1682021Assets 2022: $1,128,801Liabilities 2022: $0Net Assets 2022: $1,128,8012022Assets 2023: $1,117,127Liabilities 2023: $0Net Assets 2023: $1,117,1272023Assets 2024: $1,149,052Liabilities 2024: $0Net Assets 2024: $1,149,0522024Assets 2025: $1,205,194Liabilities 2025: $0Net Assets 2025: $1,205,1942025

Highlighted filing

2018

Assets$1,199,709
Liabilities$0
Net Assets$1,199,709

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $117,212Expenses 2017: $10,577Net Income 2017: $106,6352017Revenue 2018: $42,766Expenses 2018: $18,397Net Income 2018: $24,3692018Revenue 2019: $64,206Expenses 2019: $49,960Net Income 2019: $14,2462019Revenue 2020: $47,676Expenses 2020: $48,080Net Income 2020: -$4042020Revenue 2021: $68,538Expenses 2021: $65,244Net Income 2021: $3,2942021Revenue 2022: $95,526Expenses 2022: $79,248Net Income 2022: $16,2782022Revenue 2023: $38,385Expenses 2023: $65,288Net Income 2023: -$26,9032023Revenue 2024: $38,830Expenses 2024: $59,201Net Income 2024: -$20,3712024Revenue 2025: $81,310Expenses 2025: $56,213Net Income 2025: $25,0972025

Highlighted filing

2018

Revenue$42,766
Expenses$18,397
Net Income$24,369
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 15, 2018
Return Version
2017v2.3
Gross Receipts
$42,766
Mission and Program Overview

Mission

Manage the endowment funds and provide grants for outreach oriented projects and programs for religious, charitable, or other educational organizations with a 501(c)(3) that are affiliated with the evangelical lutheran church in america and located in the northeastern ohio synod.

The st. John/st. Paul evangelical lutheran church endowment fund ("the fund") was established to preserve and widen the ministry and outreach efforts of the former congregation of st. John/st. Paul evangelical lutheran church, which has now combined with faith lutheran church. Grants are made to faith-based organizations affiliated with and/or supported by the northeastern ohio synod of the evangelical lutheran church in america. Endowment fund grants are directed to uses of grant recipients apart from their general operating expenses and directed towards projects that introduce people to god's grace and to god's healing and helping presence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,113,186$1,156,621▲ $43,435
Cash and Non-Interest-Bearing Accounts$61,395$43,087▼ $18,308
Savings and Temporary Cash Investments$1$1→ $0
Total Assets$1,174,582$1,199,709▲ $25,127
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,174,582$1,199,709▲ $25,127
Total Net Assets Fund Balance$1,174,582$1,199,709▲ $25,127
Total Liabilities and Net Assets / Fund Balance$1,174,582$1,199,709▲ $25,127
Compensation and Service Providers

Board Members and Trustees

NameTitle
John ReyesPresident
Linda LewisTrustee
Pastor Jean HansenTrustee
Terry VernonTrustee
Linda ReyesSecretary
Mark WatkinsSecretary/pr
Martha KeelerTreasurer
David SixVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$35
Program Service Revenue
$0
Investment Income
$42,731
Other Revenue
$0
All Other Contributions
$35
Change in Net Assets
$24,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$12,000
Other Expenses$6,397
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$12,000--$12,000
Fees for Services Accounting-$3,925-$3,925
Other Expenses$1,728--$1,728
Insurance-$744-$744
Total Functional Expenses$13,728$4,669$0$18,397
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Oasis Outreach Opportunity IncAkron, OH501c3Housing and Support$12,000
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

990 was provided to the board for review prior to filing.

Form 990, Page 6, Part VI, Line 19

Form 990 and organizing documents were made available upon request.

Filing and Contact Details

Filer

Filer Name
St Johnst Paul Evangelical
EIN
34-1705880
Phone
3302536835
Address
2726 WEST MARKET STREET, AKRON, OH 44333

Signing Officer

Name
Martha Keeler
Title
Treasurer
Phone
3302536835
Signed
2018-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Watkins
Formed
1992
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
8

Preparer

Firm
Crum & Company
Address
525 N CLEVELAND MASSILLON RD STE 10, AKRON, OH 44333-3332
Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Manage the endowment funds and provide grants for outreach oriented projects and programs for religious, charitable, or other educational organizations with a 501(c)(3) that are affiliated with or supported by the northeastern ohio synod of the evangelical lutheran church of america.

Financial Statement Notes

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 fund to report information regarding its exposure to various tax positions taken by the fund. The fund has determined whether any tax positions have met the recognition threshold and has measured the fund's exposure to those tax positions. Management believes that the fund has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. Any interest or penalties assessed to the fund, of which there were none for the year ending june 30, 2018, are recorded as tax penalties in the statement of activities.

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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/SupplementalInformationDetail/ExplanationTxt0THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE FUND TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE FUND. THE FUND HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE FUND'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE FUND HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE FUND, OF WHICH THERE WERE NONE FOR THE YEAR ENDING JUNE 30, 2018, ARE RECORDED AS TAX PENALTIES IN THE STATEMENT OF ACTIVITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/RecipientTable/CashGrantAmt012000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0HOUSING AND SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0OASIS OUTREACH OPPORTUNITY INC
IRS990ScheduleI/RecipientTable/RecipientEIN0264156453
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0847 CROUSE STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0AKRON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd044306
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ONLY FUNDS GRANTS FOR PROGRAMS LOCATED WITHIN THE NORTHEASTERN OHIO SYNOD OF THE EVANGELICAL LUTHERAN CHURCH OF AMERICA. FUNDED PROGRAMS ARE DIRECTLY MONITORED BY MEMBERS OF THE BOARD OF DIRECTORS AND FAITH LUTHERAN CHURCH.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGE THE ENDOWMENT FUNDS AND PROVIDE GRANTS FOR OUTREACH ORIENTED PROJECTS AND PROGRAMS FOR RELIGIOUS, CHARITABLE, OR OTHER EDUCATIONAL ORGANIZATIONS WITH A 501(C)(3) THAT ARE AFFILIATED WITH OR SUPPORTED BY THE NORTHEASTERN OHIO SYNOD OF THE EVANGELICAL LUTHERAN CHURCH OF AMERICA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 WAS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 AND ORGANIZING DOCUMENTS WERE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/TotalAmt018397
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IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01199709
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IRS990/TotalRevenueGrp/ExclusionAmt042731
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt042766
IRS990/TotalVolunteersCnt08
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01199709
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt01174582
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IRS990/USAddress/AddressLine1Txt02726 WEST MARKET STREET
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IRS990/WebsiteAddressTxt0WWW.FAITHLUTHERANCHURCH.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARTHA KEELER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03302536835
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ST JOHNST PAUL EVANGELICAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LUTHERAN CHURCH ENDOWMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0STJO
ReturnHeader/Filer/EIN0341705880
ReturnHeader/Filer/PhoneNum03302536835
ReturnHeader/Filer/USAddress/AddressLine1Txt02726 WEST MARKET STREET
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04A5DABDEE3568E4DA249BCB7DE4AB91C3CE67654
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04A5DABDEE3568E4DA249BCB7DE4AB91C3CE67654
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.103.23.93
ReturnHeader/FilingSecurityInformation/IPDt02018-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:12:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341897853
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CRUM & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0525 N CLEVELAND MASSILLON RD STE 10
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AKRON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0443333332
ReturnHeader/PreparerPersonGrp/PhoneNum03308671222
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN K CRUM
ReturnHeader/ReturnTs02018-11-05T09:12:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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