Liabilities / Assets
18th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
18th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
63rd percentile
Faster asset growth than 63% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Balance Sheet
Assets
Up$1,539,732
Up $133,145 (+9.5%) from 2023
Net Assets
Up$1,539,732
Up $133,145 (+9.5%) from 2023
Liabilities
Flat$0
Flat from 2023
Revenue And Expenses
Revenue
Down$28,882
Down $5,517 (-16%) from 2023
Expenses
Up$40,995
Up $8 (+0.0%) from 2023
Net Income
Down-$12,113
Down $5,525 (-84%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2023 to May 31, 2024
- Signed
- Sep 4, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $32,814
Mission and Program Overview
Mission
The foundation exists to give monetary support to swm christian high school, a 501-c-3 org., grants are given that the school uses to fund its' mission and purpose.
The foundation exists to give monetary support to swm christian high school, a 501-c-3 org., grants are given that the school uses to fund its mission and purpose.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cap Stk Tr Prin Current Funds | $1,406,587 | $1,539,732 | ▲ $133,145 |
| Investments Other Securities | $814,553 | $946,810 | ▲ $132,257 |
| Land, Buildings, and Equipment, Net | $591,100 | $591,100 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $934 | $1,822 | ▲ $888 |
| Total Assets | $1,406,587 | $1,539,732 | ▲ $133,145 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,406,587 | $1,539,732 | ▲ $133,145 |
| Total Liabilities and Net Assets / Fund Balance | $1,406,587 | $1,539,732 | ▲ $133,145 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $591,100 | - | - |
| Other Securities | $946,810 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Roger Talsma | President/trustee |
| Ron Nykamp | Far Comm. CHR./trustee |
| Todd Vis | Secretary/trustee |
| Karen Walhof | Treasurer/trustee |
| Doug Vermeer | Trustee |
| Larry Top | Trustee |
| Randy Pfeifle | Trustee |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $8,883
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $19,999
- All Other Contributions
- $8,883
- Change in Net Assets
- $-12,113
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $40,000 |
| Other Expenses | $995 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $40,000 | - | - | $40,000 |
| Information Technology | $0 | $645 | $0 | $645 |
| Fees for Services Legal | $0 | $350 | $0 | $350 |
| Total Functional Expenses | $40,000 | $995 | $0 | $40,995 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Swm Christian Highschool | Edgerton, MN | - | Support for the School and Its Programs | $40,000 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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
- 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
Filing and Contact Details
Filer
- Filer Name
- Swmch Foundation
- EIN
- 81-1045411
- Phone
- 5074424471
- Address
- 550 WEST ELIZABETH STREET, EDGERTON, MN 56128
Signing Officer
- Name
- Roger Talsma
- Title
- President
- Phone
- 5074424471
- Signed
- 2024-09-04
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Roger Talsma
- Formed
- 1969
- Legal Domicile
- Mn
- Voting Board Members
- 6
- Independent Board Members
- 6
- Employees
- 0
- Volunteers
- 6
Preparer
- Firm
- Eisma and Eisma Attorneys at Law
- Address
- 130 E MAIN ST, LUVERNE, MN 56156
- Preparer
- Douglas E Eisma
- Phone
- 5072834828
Supplemental Narrative
Additional Explanations
Other
“Part iii #1-the articles of incorporation state: the purpose shall be to accept bequests, donations, solicit monies, accept devises and manage the same... For the promotion of christian education in conjunction with southwest minnesota christian high school of edgerton, mn. ... The monies given thereto shall be held in trust for the aforesaid purposes and the income and realized increase ... Shall be used solely for educational purposes and the promotion of christian education... This is accomplished bu giving grants to the school from the increase, not principal.”
Other
“Part iii #4a- the foundation gave southwest mn christian high school a grant of $50,000.00 that they used to pay expenses to run the school, buy educational materials and equipment, pay teachers, and do the things necessary to offer quality christian education.”
Pt VI, Line 11B
“The completed form 990 and schedules are available for viewing at the foundation board meeting before it being sent in, and it is announced at the annual meeting that the form and schedules can be viewed by anyone else by contacting the treasurer.”
Pt VI, Line 19
“The articles of incorporation, which include the conflict of interest policy, are available in the same manner. Copies of the financial statement are handed out at the annual meeting, and are available by contacting the treasurer.”
Pt VI, Line 7A
“The Foundation board members are elected at the annual meeting of the Foundation. The board members make nominations for new board members, and with the other members of the Foundation elect from that slate.”
Pt VI, Line 12C
“New board members are given a copy of the Articles of Incorporation when they get on the board, and conflict of interest is reviewed annually at a board meeting. Board members are not allowed to rent the farmland or be representatives for the funds the Foundation is invested in.”
Other
“Part VI Section B #12a- Art. VI of Art. of Inc. states: This corporation shall not afford pecuniary gain, incidentally, or otherwise to its members.”
Pt VI, Line 8A
“Minutes are kept of all meetings and archived.”
Pt VI, Line 8B
“Paperwork and receipts are kept of all transactions by the farm committee, the only committee authorized to act on behalf of the board. The committee reports to the board at each board meeting.”
Raw XML Appendix359 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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE FOUNDATION EXISTS TO GIVE MONETARY SUPPORT TO SWM CHRISTIAN HIGH SCHOOL, A 501-C-3 ORG., GRANTS ARE GIVEN THAT THE SCHOOL USES TO FUND ITS MISSION AND PURPOSE. |
| IRS990/AllOtherContributionsAmt | 0 | 8883 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Karen Walhof |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5072272939 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 619 150th Ave |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | EDGERTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56128 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 1406587 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 1539732 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 934 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1822 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 8883 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 40000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 995 |
| IRS990/CYOtherRevenueAmt | 0 | 19999 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -12113 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 40995 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 28882 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | TO SWM CHRISTIAN HIGH SCHOOL SEE SCHEDULE O |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 40000 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 350 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 350 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TODD VIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KAREN WALHOF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | RON NYKAMP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LARRY TOP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DOUG VERMEER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ROGER TALSMA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | RANDY PFEIFLE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY/TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER/TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | FAR COMM. CHR./TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | PRESIDENT/TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1969 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantAmt | 0 | 40000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 40000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 40000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 32814 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 23915 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 645 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 645 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 814553 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 946810 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 591100 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 591100 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 591100 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 3932 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MiscellaneousRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 16 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 16 |
| IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/MissionDesc | 0 | THE FOUNDATION EXISTS TO GIVE MONETARY SUPPORT TO SWM CHRISTIAN HIGH SCHOOL, A 501-C-3 ORG., GRANTS ARE GIVEN THAT THE SCHOOL USES TO FUND ITS MISSION AND PURPOSE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1406587 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1539732 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 19983 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 19983 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherRevenueTotalAmt | 0 | 16 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | ROGER TALSMA |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 12092 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 40000 |
| IRS990/PYOtherExpensesAmt | 0 | 987 |
| IRS990/PYOtherRevenueAmt | 0 | 22307 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -6588 |
| IRS990/PYTotalExpensesAmt | 0 | 40987 |
| IRS990/PYTotalRevenueAmt | 0 | 34399 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -12113 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 19983 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | true |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | true |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 410732197 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 40000 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | SWM CHRISTIAN HIGH SCHOOL |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 40000 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 591100 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 591100 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 946810 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | LPL Financial |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 591100 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 946810 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 40000 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | SUPPORT FOR THE SCHOOL AND ITS PROGRAMS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | SWM CHRISTIAN HIGHSCHOOL |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 410732197 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 550 ELIZABETH ST |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | EDGERTON |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 56128 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE SWMCH FOUNDATION BOARD MEMBERS ARE ALWAYS PRESENT AT THE SW MN |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 1 | CHRISTIAN HIGH SCHOOLS ANNUAL MEETING WHERE THEY GIVE A FINANCIAL |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 2 | REPORT AND AN ACCOUNTING OF THE USE OF ALL OF THE FUNDS USED TO |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOMPLISH THEIR MISSION. FOUNDATION BOARD MEMBERS ALSO ATTEND MANY |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 4 | SCHOOL FUNCTIONS THROUGHOUT THE YEAR, WHERE THEY OBSERVE THE |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 5 | ACCOMPLISHMENT OF THE SCHOOL AND THE STUDENTS. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PART III #1-THE ARTICLES OF INCORPORATION STATE: THE PURPOSE SHALL BE TO ACCEPT BEQUESTS, DONATIONS, SOLICIT MONIES, ACCEPT DEVISES AND MANAGE THE SAME... FOR THE PROMOTION OF CHRISTIAN EDUCATION IN CONJUNCTION WITH SOUTHWEST MINNESOTA CHRISTIAN HIGH SCHOOL OF EDGERTON, MN. ... THE MONIES GIVEN THERETO SHALL BE HELD IN TRUST FOR THE AFORESAID PURPOSES AND THE INCOME AND REALIZED INCREASE ... SHALL BE USED SOLELY FOR EDUCATIONAL PURPOSES AND THE PROMOTION OF CHRISTIAN EDUCATION... THIS IS ACCOMPLISHED BU GIVING GRANTS TO THE SCHOOL FROM THE INCREASE, NOT PRINCIPAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PART III #4A- THE FOUNDATION GAVE SOUTHWEST MN CHRISTIAN HIGH SCHOOL A GRANT OF $50,000.00 THAT THEY USED TO PAY EXPENSES TO RUN THE SCHOOL, BUY EDUCATIONAL MATERIALS AND EQUIPMENT, PAY TEACHERS, AND DO THE THINGS NECESSARY TO OFFER QUALITY CHRISTIAN EDUCATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE COMPLETED FORM 990 AND SCHEDULES ARE AVAILABLE FOR VIEWING AT THE FOUNDATION BOARD MEETING BEFORE IT BEING SENT IN, AND IT IS ANNOUNCED AT THE ANNUAL MEETING THAT THE FORM AND SCHEDULES CAN BE VIEWED BY ANYONE ELSE BY CONTACTING THE TREASURER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ARTICLES OF INCORPORATION, WHICH INCLUDE THE CONFLICT OF INTEREST POLICY, ARE AVAILABLE IN THE SAME MANNER. COPIES OF THE FINANCIAL STATEMENT ARE HANDED OUT AT THE ANNUAL MEETING, AND ARE AVAILABLE BY CONTACTING THE TREASURER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The Foundation board members are elected at the annual meeting of the Foundation. The board members make nominations for new board members, and with the other members of the Foundation elect from that slate. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | New board members are given a copy of the Articles of Incorporation when they get on the board, and conflict of interest is reviewed annually at a board meeting. Board members are not allowed to rent the farmland or be representatives for the funds the Foundation is invested in. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Part VI Section B #12a- Art. VI of Art. of Inc. states: This corporation shall not afford pecuniary gain, incidentally, or otherwise to its members. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Minutes are kept of all meetings and archived. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Paperwork and receipts are kept of all transactions by the farm committee, the only committee authorized to act on behalf of the board. The committee reports to the board at each board meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Pt VI, Line 8a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Pt VI, Line 8b |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 1406587 |
| IRS990/TotalAssetsEOYAmt | 0 | 1539732 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1406587 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1539732 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 8883 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 995 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 40000 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 40995 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1406587 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1539732 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 40000 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 19999 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 28882 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 6 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1406587 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1539732 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/USAddress/AddressLine1Txt | 0 | 293 50TH AVE |
| IRS990/USAddress/CityNm | 0 | CHANDLER |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 56122 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROGER TALSMA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5074424471 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-09-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SWMCH FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SWMC |
| ReturnHeader/Filer/EIN | 0 | 811045411 |
| ReturnHeader/Filer/PhoneNum | 0 | 5074424471 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 550 WEST ELIZABETH STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | EDGERTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56128 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411629515 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | EISMA AND EISMA ATTORNEYS AT LAW |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 130 E MAIN ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LUVERNE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 56156 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5072834828 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-10-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Douglas E Eisma |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2024-10-07T14:37:30-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-05-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,539,732
- Liabilities
- $0
- Net assets
- $1,539,732
- Revenue
- $28,882
- Expenses
- $40,995
- Net income
- -$12,113