Civic Intelligence

Luther Memorial Home Founders Fund

990 • Fiscal year 2016 • EIN 41-1472019

Oct 01, 2015 to Sep 30, 2016 • Filed on Jul 18, 2017

Organization ProfileN/A
221 SW Sixth StreetMadelia, MN 56062

(507) 642-3271

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

89th percentile

37%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

51st percentile

$65,910

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 53.8% of source-year revenue.

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

Asset Growth

61st percentile

4.4%

Faster asset growth than 61% of similar nonprofits.

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

Revenue Growth

16th percentile

-19%

Faster revenue growth than 16% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$1,065,526

Up $45,266 (+4.4%) from 2015

Net Assets

Up

$1,065,526

Up $45,266 (+4.4%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin89th percentile

Revenue

Down

$122,621

Down $28,364 (-19%) from 2015

Expenses

Up

$77,355

Up $50,513 (+188%) from 2015

Net Income

Down

$45,266

Down $78,877 (-64%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $290,673Liabilities 2010: $0Net Assets 2010: $290,6732010Assets 2011: $288,662Liabilities 2011: $0Net Assets 2011: $288,6622011Assets 2012: $317,593Liabilities 2012: $0Net Assets 2012: $317,5932012Assets 2013: $480,404Liabilities 2013: $0Net Assets 2013: $480,4042013Assets 2014: $896,117Liabilities 2014: $0Net Assets 2014: $896,1172014Assets 2015: $1,020,260Liabilities 2015: $0Net Assets 2015: $1,020,2602015Assets 2016: $1,065,526Liabilities 2016: $0Net Assets 2016: $1,065,5262016Assets 2017: $1,167,751Liabilities 2017: $0Net Assets 2017: $1,167,7512017Assets 2018: $1,190,016Liabilities 2018: $0Net Assets 2018: $1,190,0162018Assets 2019: $1,223,684Liabilities 2019: $0Net Assets 2019: $1,223,6842019Assets 2020: $1,292,976Liabilities 2020: $0Net Assets 2020: $1,292,9762020Assets 2021: $1,494,021Liabilities 2021: $0Net Assets 2021: $1,494,0212021Assets 2022: $1,551,844Liabilities 2022: $0Net Assets 2022: $1,551,8442022Assets 2023: $1,058,039Liabilities 2023: $0Net Assets 2023: $1,058,0392023Assets 2024: $1,058,039Liabilities 2024: $0Net Assets 2024: $1,058,0392024

Highlighted filing

2016

Assets$1,065,526
Liabilities$0
Net Assets$1,065,526
Open 2016 Filing

Operations Trend

Revenue Growth16th percentile

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

$600K$400K$200K$0-$200K-$400KRevenue 2010: $23,539Expenses 2010: $41,097Net Income 2010: -$17,5582010Revenue 2011: $16,922Expenses 2011: $6,110Net Income 2011: $10,8122011Revenue 2012: $25,307Expenses 2012: $13,974Net Income 2012: $11,3332012Revenue 2013: $173,100Expenses 2013: $10,289Net Income 2013: $162,8112013Revenue 2014: $420,749Expenses 2014: $5,036Net Income 2014: $415,7132014Revenue 2015: $150,985Expenses 2015: $26,842Net Income 2015: $124,1432015Revenue 2016: $122,621Expenses 2016: $77,355Net Income 2016: $45,2662016Revenue 2017: $155,954Expenses 2017: $53,729Net Income 2017: $102,2252017Revenue 2018: $196,672Expenses 2018: $174,407Net Income 2018: $22,2652018Revenue 2019: $150,847Expenses 2019: $117,179Net Income 2019: $33,6682019Revenue 2020: $92,334Expenses 2020: $23,042Net Income 2020: $69,2922020Revenue 2021: $72,283Expenses 2021: $11,665Net Income 2021: $60,6182021Revenue 2022: $57,824Expenses 2022: $0Net Income 2022: $57,8242022Revenue 2023: $22,256Expenses 2023: $286,893Net Income 2023: -$264,6372023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2016

Revenue$122,621
Expenses$77,355
Net Income$45,266
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jul 18, 2017
Return Version
2015v3.0
Gross Receipts
$122,621
Mission and Program Overview

Mission

The luther memorial home founders fund manages and administers the endowments of luther memorial home, which is exempt under section 501 (c) (3) of the internal revenue code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$928,574$939,863▲ $11,289
Cash and Non-Interest-Bearing Accounts$91,686$125,663▲ $33,977
Total Assets$1,020,260$1,065,526▲ $45,266
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$970,404$1,015,670▲ $45,266
Temporarily Rstr Net Assets$37,856$37,856→ $0
Permanently Rstr Net Assets$12,000$12,000→ $0
Total Net Assets Fund Balance$1,020,260$1,065,526▲ $45,266
Total Liabilities and Net Assets / Fund Balance$1,020,260$1,065,526▲ $45,266
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleBaseOtherTotal
Dawn CampbellAministrator/CFO-$65,910$65,910
Kevin ByroMember$212-$212
Kevin KarauBoard Chairman$188-$188
Robert WrightBoard Vice Chairman$173-$173
Mary WardBoard Secretary$172-$172
Calvin HansonMember$105-$105
Colleen JacobsBoard Treasurer$105-$105
Revenue and Support

Revenue Composition

Contributions and Grants
$74,282
Program Service Revenue
$0
Investment Income
$48,339
Other Revenue
$0
All Other Contributions
$6,282
Change in Net Assets
$45,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$77,281
Other Expenses$74
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$77,281--$77,281
Other Expenses-$74-$74
Total Functional Expenses$77,281$74$0$77,355
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Luther Memorial HomeMadelia, MN501 (c)(3)To Help Fund Luther Memorial Home.$77,281
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The 990 and related schedules are reviewed by administration and submitted for filing to the irs. The board members will be informed of the availability of the documents for their review.”

Form 990, Part VI, Section C, Line 19

“The organizations governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Luther Memorial Home Founders Fund
EIN
41-1472019
Phone
5076423271
Address
221 SW SIXTH STREET, MADELIA, MN 56062

Signing Officer

Name
Dawn Campbell
Title
Administrator
Phone
5076423271
Signed
2017-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawn Campbell
Formed
1983
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
PO BOX 217, AUSTIN, MN 55912
Preparer
Emily Scheevel
Phone
5074347000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organizations board of directors assumes responsibility for oversight of the audit of its consolidated financial statements and the selection of its independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“The home and founders fund have been granted exempt status relative to federal and state corporate income taxes under section 501(c)(3) of the internal revenue code and applicable state codes. The home and founders fund follows the income tax standard for uncertain tax positions. No liability has been recognized by the home or founders fund as a result of this standard. Both the home and founders fund file as tax-exempt organizations. Should that status be challenged in the future, all years since inception could be subject to review by the irs. The 2013-2015 tax years of the home and founders fund are open to examination by the irs.”

Raw XML Appendix372 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/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE LUTHER MEMORIAL HOME FOUNDERS FUND MANAGES AND ADMINISTERS THE ENDOWMENTS OF LUTHER MEMORIAL HOME, WHICH IS EXEMPT UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE.
IRS990/AllOtherContributionsAmt06282
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAWN CAMPBELL
IRS990/BooksInCareOfDetail/PhoneNum05076423271
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0221 6TH ST SW
IRS990/BooksInCareOfDetail/USAddress/CityNm0MADELIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056062
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt091686
IRS990/CashNonInterestBearingGrp/EOYAmt0125663
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt074282
IRS990/CYGrantsAndSimilarPaidAmt077281
IRS990/CYInvestmentIncomeAmt048339
IRS990/CYOtherExpensesAmt074
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt045266
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt077355
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0122621
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0LMH FOUNDERS FUND - RECEIPT OF DONATIONS, GIFTS AND MEMORIALS FOR LUTHER MEMORIAL HOME WHICH IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt077281
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt63607
IRS990/Form990PartVIISectionAGrp/PersonNm0KEVIN KARAU
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm2MARY WARD
IRS990/Form990PartVIISectionAGrp/PersonNm3COLLEEN JACOBS
IRS990/Form990PartVIISectionAGrp/PersonNm4KEVIN BYRO
IRS990/Form990PartVIISectionAGrp/PersonNm5CALVIN HANSON
IRS990/Form990PartVIISectionAGrp/PersonNm6DAWN CAMPBELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0188
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1173
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2172
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3105
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4212
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5105
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt662303
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6AMINISTRATOR/CFO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt077281
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt077281
IRS990/GrantsToDomesticOrgsGrp/TotalAmt077281
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0122621
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt048339
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048339
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE LUTHER MEMORIAL HOME FOUNDERS FUND MANAGES AND ADMINISTERS THE ENDOWMENTS OF LUTHER MEMORIAL HOME, WHICH IS EXEMPT UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01020260
IRS990/NetAssetsOrFundBalancesEOYAmt01065526
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISC EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt074
IRS990/OtherExpensesGrp/TotalAmt074
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt012000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt012000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAWN CAMPBELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0243233
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt017879
IRS990/PYInvestmentIncomeAmt0-92248
IRS990/PYOtherExpensesAmt08088
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0124143
IRS990/PYSalariesCompEmpBnftPaidAmt0875
IRS990/PYTotalExpensesAmt026842
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0150985
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt045266
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt068000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0928574
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0939863
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0410826784
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt077281
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LUTHER MEMORIAL HOME
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt077281
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/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE HOME AND FOUNDERS FUND HAVE BEEN GRANTED EXEMPT STATUS RELATIVE TO FEDERAL AND STATE CORPORATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE CODES. THE HOME AND FOUNDERS FUND FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY HAS BEEN RECOGNIZED BY THE HOME OR FOUNDERS FUND AS A RESULT OF THIS STANDARD. BOTH THE HOME AND FOUNDERS FUND FILE AS TAX-EXEMPT ORGANIZATIONS. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. THE 2013-2015 TAX YEARS OF THE HOME AND FOUNDERS FUND ARE OPEN TO EXAMINATION BY THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt077281
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO HELP FUND LUTHER MEMORIAL HOME.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LUTHER MEMORIAL HOME
IRS990ScheduleI/RecipientTable/RecipientEIN0411472019
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0221 6TH ST SW
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MADELIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd056062
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE CLOSE RELATIONSHIP THE HOME HAS WITH THE FOUNDERS FUND (A RELATED ENTITY) ALLOWS THEM TO MONITOR THE FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 AND RELATED SCHEDULES ARE REVIEWED BY ADMINISTRATION AND SUBMITTED FOR FILING TO THE IRS. THE BOARD MEMBERS WILL BE INFORMED OF THE AVAILABILITY OF THE DOCUMENTS FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS CONSOLIDATED FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LUTHER MEMORIAL HOME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0410826784
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CARE FOR THE ELDERLY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0221 6TH STREET SW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MADELIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd056062
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt037856
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt037856
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01020260
IRS990/TotalAssetsEOYAmt01065526
IRS990/TotalAssetsGrp/BOYAmt01020260
IRS990/TotalAssetsGrp/EOYAmt01065526
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt074282
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt074
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt077281
IRS990/TotalFunctionalExpensesGrp/TotalAmt077355
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01020260
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01065526
IRS990/TotalOtherCompensationAmt03607
IRS990/TotalProgramServiceExpensesAmt077281
IRS990/TotalReportableCompFromOrgAmt0955
IRS990/TotalRevenueGrp/ExclusionAmt048339
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0122621
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01020260
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01065526
IRS990/TotReportableCompRltdOrgAmt062303
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0970404
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01015670
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0221 SW SIXTH STREET
IRS990/USAddress/CityNm0MADELIA
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056062
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAWN CAMPBELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ADMINISTRATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05076423271
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LUTHER MEMORIAL HOME FOUNDERS FUND
ReturnHeader/Filer/BusinessNameControlTxt0LUTH
ReturnHeader/Filer/EIN0411472019
ReturnHeader/Filer/PhoneNum05076423271
ReturnHeader/Filer/USAddress/AddressLine1Txt0221 SW SIXTH STREET
ReturnHeader/Filer/USAddress/CityNm0MADELIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056062
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 217
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055912
ReturnHeader/PreparerPersonGrp/PhoneNum05074347000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EMILY SCHEEVEL
ReturnHeader/ReturnTs02017-07-31T14:04:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
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
$1,065,526
Liabilities
$0
Net assets
$1,065,526
Revenue
$122,621
Expenses
$77,355
Net income
$45,266
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.00$1.06$0.00$0.00$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.00$1.06$0.02$0.29$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.00$1.55$0.06$0.00$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.00$1.49$0.07$0.01$0.06
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.29$0.00$1.29$0.09$0.02$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.00$1.22$0.15$0.12$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.00$1.19$0.20$0.17$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.16$0.05$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.12$0.08$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.00$1.02$0.15$0.03$0.12
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.00$0.90$0.42$0.01$0.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.00$0.48$0.17$0.01$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.32$0.03$0.01$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.02$0.01$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.02$0.04$0.02