Civic Intelligence

Gethsemane Memorial Foundation Inc

990 • Fiscal year 2020 • EIN 41-6054710

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 19, 2021

715 Minnetonka Mills RoadHopkins, MN 55343-7269

(952) 807-4607

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

5th percentile

-77%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

49th percentile

5.7%

Faster asset growth than 49% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

35th percentile

-12%

Faster revenue growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$854,491

Up $45,752 (+5.7%) from 2019

Net Assets

Up

$854,491

Up $45,752 (+5.7%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$33,611

Down $4,646 (-12%) from 2019

Expenses

Down

$59,410

Down $1,742 (-2.8%) from 2019

Net Income

Down

-$25,799

Down $2,904 (-13%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $589,206Liabilities 2011: $0Net Assets 2011: $589,2062011Assets 2012: $610,516Liabilities 2012: $0Net Assets 2012: $610,5162012Assets 2013: $681,076Liabilities 2013: $0Net Assets 2013: $681,0762013Assets 2014: $682,728Liabilities 2014: $0Net Assets 2014: $682,7282014Assets 2015: $641,448Liabilities 2015: $0Net Assets 2015: $641,4482015Assets 2016: $759,317Liabilities 2016: $0Net Assets 2016: $759,3182016Assets 2017: $804,442Liabilities 2017: $0Net Assets 2017: $804,4422017Assets 2018: $729,002Liabilities 2018: $0Net Assets 2018: $729,0022018Assets 2019: $808,739Liabilities 2019: $0Net Assets 2019: $808,7392019Assets 2020: $854,491Liabilities 2020: $0Net Assets 2020: $854,4912020Assets 2021: $892,934Liabilities 2021: $0Net Assets 2021: $892,9342021Assets 2022: $735,910Liabilities 2022: $54Net Assets 2022: $735,8562022Assets 2023: $825,604Liabilities 2023: $0Net Assets 2023: $825,6042023

Highlighted filing

2020

Assets$854,491
Liabilities$0
Net Assets$854,491

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $34,926Expenses 2011: $74,806Net Income 2011: -$39,8802011Revenue 2012: $61,266Expenses 2012: $60,376Net Income 2012: $8902012Revenue 2013: $64,217Expenses 2013: $56,143Net Income 2013: $8,0742013Revenue 2014: $98,209Expenses 2014: $50,176Net Income 2014: $48,0332014Revenue 2015: $42,995Expenses 2015: $50,658Net Income 2015: -$7,6632015Revenue 2016: $154,942Expenses 2016: $66,715Net Income 2016: $88,2272016Revenue 2017: $51,792Expenses 2017: $67,770Net Income 2017: -$15,9782017Revenue 2018: $71,884Expenses 2018: $58,121Net Income 2018: $13,7632018Revenue 2019: $38,257Expenses 2019: $61,152Net Income 2019: -$22,8952019Revenue 2020: $33,611Expenses 2020: $59,410Net Income 2020: -$25,7992020Revenue 2021: $44,419Expenses 2021: $71,893Net Income 2021: -$27,4742021Revenue 2022: $54,284Expenses 2022: $64,877Net Income 2022: -$10,5932022Revenue 2023: $85,719Expenses 2023: $66,112Net Income 2023: $19,6072023

Highlighted filing

2020

Revenue$33,611
Expenses$59,410
Net Income-$25,799
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 19, 2021
Return Version
2020v4.0
Gross Receipts
$33,611
Mission and Program Overview

Mission

Support the ministry program of Gethsemane Evangelical Lutheran Church

Support the ministry programs of Gethsemane Lutheran Church Hopkins MN using giftsreceived and earnings through prudent investment

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$797,808$830,304▲ $32,496
Cash and Non-Interest-Bearing Accounts$10,931$24,187▲ $13,256
Total Assets$808,739$854,491▲ $45,752
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$768,885$810,431▲ $41,546
Net Assets With Donor Restrictions$39,854$44,060▲ $4,206
Total Net Assets Fund Balance$808,739$854,491▲ $45,752
Total Liabilities and Net Assets / Fund Balance$808,739$854,491▲ $45,752

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$808,739$14,010▲ $91,152$48,655$854,491
2019$717,952$13,714▲ $138,226$42,171$808,739
2018$804,592$11,687▼ $36,087$42,617$717,966
2017$759,318$16,186▲ $96,709$46,885$804,443
2016$641,447$130,822▲ $53,764$45,632$759,318
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephanie NelsonPresident
John BissellVice President
Carl PetersonDirector
Janet WilliamsDirector
Johanna FrahmDirector
John LorentzDirector
Steve PaulsonDirector
Wes LindstromDirector
Linda PetruskaSecretary
John D NelsonSenior Pastor
Wade KragtorpTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$14,010
Program Service Revenue
$0
Investment Income
$19,601
Other Revenue
$0
All Other Contributions
$14,010
Change in Net Assets
$-25,799
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$54,655
Other Expenses$4,755
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$48,655--$48,655
Grants to Domestic Individuals$6,000--$6,000
Fees for Service Investment Mgmnt Fees-$3,655-$3,655
Other Expenses-$548-$548
Office Expenses-$434-$434
Information Technology-$118-$118
Total Functional Expenses$54,655$4,755$0$59,410
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Gethsemane Lutheran ChurchHopkins, MN-Mission Support$31,231
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 2

John Nelson & Stephanie Nelson are husband and wife.

Part VI Line 7A

All 11 directors and officers have equal voting rights to elect

Part VI Line 7A

officer positions.

Part VI Line 11B

Form 990 and it's related schedules were sent to the officers for review.

Part VI Line 11B

The treasurer answered all questions to the satisfaction of the officiers.

Part VI Line 19

It did not.

Filing and Contact Details

Filer

Filer Name
Gethsemane Memorial Foundation Inc
EIN
41-6054710
In Care Of
% Wade A Kragtorp
Phone
9528074607
Address
715 Minnetonka Mills Road, Hopkins, MN 55343-7269

Signing Officer

Name
Wade a Kragtorp
Title
Treasurer
Phone
9528074607
Signed
2021-04-19

Organization Details

Principal Officer
Stephanie Nelson
Formed
1966
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
0
Supplemental Narrative

Financial Statement Notes

P5, Ln 4

The Articles of Incorporation of the Gethsemane Memorial Foundation, Inc.

P5, Ln 4

stipulate in part that is Purpose and Authority is "Notwithstanding any

P5, Ln 4

other provisions of these Articles of Incorporation all of the

P5, Ln 4

work of the corporation shall be carried on and all funds of the

P2, Ln 3

corporation, whether income or principle and whether acquirer by gift,

P5, Ln 4

contribution or otherwise, shall be used and applied exclusively for

P5, Ln 4

religious, charitable or educational purposes which are approved, supported

P5, Ln 4

or undertak by, or related to the activities of Gethsemane Evangelical

P5, Ln 4

Lutheran Church, Hopkins, Minnesota."

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IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice President
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Gethsemane Lutheran Church
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt054655
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.95000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt04755
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0808739
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt014010
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0854491
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt06000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt091152
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt048655
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt04787
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0717952
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt013714
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0808739
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt014195
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0138226
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt042171
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt06284
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0804592
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt011687
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0717966
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt013325
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-36087
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt042617
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt06485
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0759318
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt016186
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0804443
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt014400
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt096709
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt046885
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt05833
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0641447
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0130822
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0759318
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt015250
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt053764
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt045632
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.05000
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Articles of Incorporation of the Gethsemane Memorial Foundation, Inc.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1stipulate in part that is Purpose and Authority is "Notwithstanding any
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2other provisions of these Articles of Incorporation all of the
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3work of the corporation shall be carried on and all funds of the
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4corporation, whether income or principle and whether acquirer by gift,
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt5contribution or otherwise, shall be used and applied exclusively for
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt6religious, charitable or educational purposes which are approved, supported
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt7or undertak by, or related to the activities of Gethsemane Evangelical
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt8Lutheran Church, Hopkins, Minnesota."
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4P2, Ln 3
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc5P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc6P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc7P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc8P5, Ln 4
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0College Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/RecipientTable/CashGrantAmt031231
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Mission Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Gethsemane Lutheran Church
IRS990ScheduleI/RecipientTable/RecipientEIN0410724075
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0715 Minnetonka Mills Road
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Hopkins
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055343
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Gethsemane Memorial Foundation does not formally monitor the use of
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1grants or scholarships provided but all recipients are selected by the
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt2board meeting the requirements set forth by Foundation policy
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt3Per Gethsemane Memorial Foundation policy 7 of the 3 year average of
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt4current assets are granted with 4 to the Gethsemane Lutheran Church 15
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt5to community outreach orgainizations chosen by the foundation board 1
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt6to college scholarships and 05 to other scholarships
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0P1 Ln 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1P1 Ln 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc2P1 Ln 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc3P1 Ln 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc4P1 Ln 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc5P1 Ln 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc6P1 Ln 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0John Nelson & Stephanie Nelson are husband and wife.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All 11 directors and officers have equal voting rights to elect
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2officer positions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 and it's related schedules were sent to the officers for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The treasurer answered all questions to the satisfaction of the officiers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5It did not.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0808739
IRS990/TotalAssetsEOYAmt0854491
IRS990/TotalAssetsGrp/BOYAmt0808739
IRS990/TotalAssetsGrp/EOYAmt0854491
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt014010
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04755
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt054655
IRS990/TotalFunctionalExpensesGrp/TotalAmt059410
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00

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