Civic Intelligence

Confessional Lutheran Education Foundation

990 • Fiscal year 2018 • EIN 41-1767170

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

PO Box 43844Minneapolis, MN 55443

(612) 940-1927

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

28th percentile

0.00x

Higher debt load relative to revenue than 28% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

90th percentile

43%

Higher net margin than 90% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

86th percentile

$93,137

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 41.3% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

81st percentile

33%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$898,461

Up $97,821 (+12%) from 2017

Net Assets

Up

$898,351

Up $97,811 (+12%) from 2017

Liabilities

Up

$110

Up $10 (+10%) from 2017

Revenue

Up

$225,487

Up $56,459 (+33%) from 2017

Expenses

Down

$127,676

Down $11,934 (-8.5%) from 2017

Net Income

Up

$97,811

Up $68,393 (+232%) 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 2011: $674,777Liabilities 2011: $0Net Assets 2011: $674,7772011Assets 2012: $730,124Liabilities 2012: $0Net Assets 2012: $730,1242012Assets 2013: $723,424Liabilities 2013: $0Net Assets 2013: $723,4242013Assets 2014: $776,887Liabilities 2014: $0Net Assets 2014: $776,8872014Assets 2015: $788,979Liabilities 2015: $4,315Net Assets 2015: $784,6642015Assets 2016: $771,121Liabilities 2016: $0Net Assets 2016: $771,1212016Assets 2017: $800,640Liabilities 2017: $100Net Assets 2017: $800,5402017Assets 2018: $898,461Liabilities 2018: $110Net Assets 2018: $898,3512018Assets 2019: $934,556Liabilities 2019: $160Net Assets 2019: $934,3962019Assets 2020: $981,776Liabilities 2020: $0Net Assets 2020: $981,7762020Assets 2021: $1,004,850Liabilities 2021: $0Net Assets 2021: $1,004,8502021Assets 2025: $1,499,267Liabilities 2025: $0Net Assets 2025: $1,499,2672025

Highlighted filing

2018

Assets$898,461
Liabilities$110
Net Assets$898,351

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $191,226Expenses 2011: $170,524Net Income 2011: $20,7022011Revenue 2012: $226,700Expenses 2012: $171,353Net Income 2012: $55,3472012Revenue 2013: $182,900Expenses 2013: $189,600Net Income 2013: -$6,7002013Revenue 2014: $219,415Expenses 2014: $165,954Net Income 2014: $53,4612014Revenue 2015: $160,063Expenses 2015: $152,284Net Income 2015: $7,7792015Revenue 2016: $162,411Expenses 2016: $174,989Net Income 2016: -$12,5782016Revenue 2017: $169,028Expenses 2017: $139,610Net Income 2017: $29,4182017Revenue 2018: $225,487Expenses 2018: $127,676Net Income 2018: $97,8112018Revenue 2019: $200,412Expenses 2019: $164,367Net Income 2019: $36,0452019Revenue 2020: $174,226Expenses 2020: $126,846Net Income 2020: $47,3802020Revenue 2021: $191,500Expenses 2021: $168,426Net Income 2021: $23,0742021Revenue 2025: $153,417Expenses 2025: $112,072Net Income 2025: $41,3452025

Highlighted filing

2018

Revenue$225,487
Expenses$127,676
Net Income$97,811
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$225,487
Mission and Program Overview

Mission

To provide school support to lutherans enrolled in academic program to international confessional lutheran pastoral education.

The confessional lutheran education foundation (clef) was officially established on march 18, 1993, with the purpose of building an endowment from which to provide scholarships to confessional lutherans enrolled in accredited advanced academic degree programs. Clef has since then expanded programming while remaining focused on the founding principles. The financial burden experienced by confessional lutheran students studying for the office of ministry and seeking advanced theological, and related degrees is often overwhelming. The mounting costs of graduate school programs necessitates that the people of god actively help defray these costs through their gifts to clef. Additionally, countless millions in less blessed countries around the world face the same problems in funding confessional lutheran education programming ranging from seminaries in africa to orphanages in south asia to medical and dental schools in developing countries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$672,834$692,563▲ $19,729
Cash and Non-Interest-Bearing Accounts$127,806$188,235▲ $60,429
Pledges and Grants Receivable-$17,663-
Total Assets$800,640$898,461▲ $97,821
Liabilities
Accounts Payable and Accrued Expenses$100$110▲ $10
Total Liabilities$100$110▲ $10
Net Assets / Fund Balance
Unrestricted Net Assets$711,738$776,994▲ $65,256
Temporarily Rstr Net Assets$88,802$121,357▲ $32,555
Total Net Assets Fund Balance$800,540$898,351▲ $97,811
Total Liabilities and Net Assets / Fund Balance$800,640$898,461▲ $97,821

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$225,411--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rev John FehrmannChairman & PresidentFT$93,137$93,137

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$205,722
Program Service Revenue
$0
Investment Income
$36
Other Revenue
$19,729
All Other Contributions
$205,722
Change in Net Assets
$97,811
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$93,137
Other Expenses$34,539
Total Fundraising Expense$15,005
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$69,853$11,642$11,642$93,137
Travel$8,838$1,474$1,474$11,786
Conferences and Meetings$2,046$341$341$2,728
Other Expenses$1,340$223$223$1,786
Fees for Services Other$1,321$220$220$1,761
Fees for Services Accounting-$1,585-$1,585
All Other Expenses$682$114$114$910
Insurance$675$113$113$901
Office Expenses$668$111$111$890
Total Functional Expenses$96,081$16,590$15,005$127,676
International Activity

International Summary

Offices
1
Employees
1
Spending
$6,045

International Compliance

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
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Program ServicesProgram Expenses and Travel Expenses of US Pastors to Teach at Seminary11$6,045
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
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
Yes
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, Part VI, Section B, Line 11B

Form 990 presented to the board of directors for review. The board votes to accept the 990.

Form 990, Part VI, Section B, Line 15B

Board of directors approves annually.

Form 990, Part VI, Section C, Line 19

Documents and policies are available upon request.

Filing and Contact Details

Filer

Filer Name
Confessional Lutheran Education
EIN
41-1767170
Phone
6129401927
Address
PO BOX 43844, MINNEAPOLIS, MN 55443

Signing Officer

Name
John Fehrmann
Title
Chairman and President
Phone
6129401927
Signed
2018-11-15

Organization Details

Principal Officer
John Fehrmann
Formed
1993
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Smith Schafer & Associates Ltd
Address
7500 HIGHWAY 55 SUITE 350, MINNEAPOLIS, MN 55427
Preparer
John Edson CPA
Phone
9529201455
Raw XML Appendix391 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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IRS990/ActivityOrMissionDesc0THE CONFESSIONAL LUTHERAN EDUCATION FOUNDATION (CLEF) WAS OFFICIALLY ESTABLISHED ON MARCH 18, 1993, WITH THE PURPOSE OF BUILDING AN ENDOWMENT FROM WHICH TO PROVIDE SCHOLARSHIPS TO CONFESSIONAL LUTHERANS ENROLLED IN ACCREDITED ADVANCED ACADEMIC DEGREE PROGRAMS. CLEF HAS SINCE THEN EXPANDED PROGRAMMING WHILE REMAINING FOCUSED ON THE FOUNDING PRINCIPLES. THE FINANCIAL BURDEN EXPERIENCED BY CONFESSIONAL LUTHERAN STUDENTS STUDYING FOR THE OFFICE OF MINISTRY AND SEEKING ADVANCED THEOLOGICAL, AND RELATED DEGREES IS OFTEN OVERWHELMING. THE MOUNTING COSTS OF GRADUATE SCHOOL PROGRAMS NECESSITATES THAT THE PEOPLE OF GOD ACTIVELY HELP DEFRAY THESE COSTS THROUGH THEIR GIFTS TO CLEF. ADDITIONALLY, COUNTLESS MILLIONS IN LESS BLESSED COUNTRIES AROUND THE WORLD FACE THE SAME PROBLEMS IN FUNDING CONFESSIONAL LUTHERAN EDUCATION PROGRAMMING RANGING FROM SEMINARIES IN AFRICA TO ORPHANAGES IN SOUTH ASIA TO MEDICAL AND DENTAL SCHOOLS IN DEVELOPING COUNTRIES.
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0467152
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1225411
IRS990ScheduleD/OtherSecuritiesGrp/Desc0AVIVA PREMIUM DEFERRED ANNIUTY
IRS990ScheduleD/OtherSecuritiesGrp/Desc1NATIONAL WESTERN FIXED INDEXED ANNUITY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0692563
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt06045
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0PROGRAM EXPENSES AND TRAVEL EXPENSES OF US PASTORS TO TEACH AT SEMINARY
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt06045
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt06045
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW. THE BOARD VOTES TO ACCEPT THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS APPROVES ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt088802
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0121357
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0800640
IRS990/TotalAssetsEOYAmt0898461
IRS990/TotalAssetsGrp/BOYAmt0800640
IRS990/TotalAssetsGrp/EOYAmt0898461
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0205722
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015005
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016590
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt096081
IRS990/TotalFunctionalExpensesGrp/TotalAmt0127676
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0100
IRS990/TotalLiabilitiesEOYAmt0110
IRS990/TotalLiabilitiesGrp/BOYAmt0100
IRS990/TotalLiabilitiesGrp/EOYAmt0110
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0800540
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0898351
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt096081
IRS990/TotalReportableCompFromOrgAmt093137
IRS990/TotalRevenueGrp/ExclusionAmt019765
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0225487
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0800640
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0898461
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt01474
IRS990/TravelGrp/ManagementAndGeneralAmt01474
IRS990/TravelGrp/ProgramServicesAmt08838
IRS990/TravelGrp/TotalAmt011786
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0711738
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0776994
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 43844
IRS990/USAddress/CityNm0MINNEAPOLIS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055443
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0THECLEF.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN FEHRMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN AND PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06129401927
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CONFESSIONAL LUTHERAN EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CONF
ReturnHeader/Filer/EIN0411767170
ReturnHeader/Filer/PhoneNum06129401927
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 43844
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055443
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B236223D03FBDCEDD0FF9513F3D6B97E6F96E895
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B236223D03FBDCEDD0FF9513F3D6B97E6F96E895
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0192.55.242.200
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:17:25
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411489071
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH SCHAFER & ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07500 HIGHWAY 55 SUITE 350
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055427
ReturnHeader/PreparerPersonGrp/PhoneNum09529201455
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN EDSON CPA
ReturnHeader/ReturnTs02018-11-19T12:47:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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