Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
990 • Fiscal year 2022 • EIN 86-2914694
Refreshing map…
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
Liabilities / Revenue
63rd percentile
Higher debt load relative to revenue than 63% of similar nonprofits.
Net Margin
39th percentile
Higher net margin than 39% of similar nonprofits.
Top Officer Pay
98th percentile
Higher top officer pay than 98% of similar nonprofits.
Top officer pay equals 40.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$58,590
No earlier filing loaded for comparison.
Net Assets
$57,390
No earlier filing loaded for comparison.
Liabilities
$1,200
No earlier filing loaded for comparison.
Revenue
$237,014
No earlier filing loaded for comparison.
Expenses
$237,694
No earlier filing loaded for comparison.
Net Income
-$680
No earlier filing loaded for comparison.
To strengthen and support church leaders at every level with biblical and practical training. The Foundry provides a variety of learning communities for pastors, ministry staff, lay leaders, and others in or exploring ministry.
To support and strengthen church leaders at every level with biblical and practical training. The Foundry offers a variety of learning communities that make theological education and ministry training accessible to churches and their leaders.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $58,065 | $44,785 | ▼ $13,280 |
| Pledges and Grants Receivable | $0 | $7,500 | ▲ $7,500 |
| Accounts Receivable | $0 | $6,300 | ▲ $6,300 |
| Savings and Temporary Cash Investments | $5 | $5 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Land, Buildings, and Equipment, Net | $0 | - | - |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Prepaid Expenses and Deferred Charges | $0 | $0 | → $0 |
| Total Assets | $58,070 | $58,590 | ▲ $520 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $0 | $1,200 | ▲ $1,200 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | - | - |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $0 | $1,200 | ▲ $1,200 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $58,070 | $57,390 | ▼ $680 |
| Net Assets With Donor Restrictions | $0 | $0 | → $0 |
| Total Net Assets Fund Balance | $58,070 | $57,390 | ▼ $680 |
| Total Liabilities and Net Assets / Fund Balance | $58,070 | $58,590 | ▲ $520 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Branson Parler | Director of Theological Education | FT | $54,669 | $40,131 | $94,800 |
| Jeff Fisher | Director of Spiritual Formation | FT | $41,350 | $42,400 | $83,750 |
| Sarah Behm | Director of Operations, President | FT | $40,000 | - | $40,000 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $218,467 |
| Total Fundraising Expense | $27,272 |
| Other Expenses | $19,227 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $124,380 | $57,327 | $24,816 | $206,523 |
| Payroll Taxes | $7,191 | $3,314 | $1,439 | $11,944 |
| Information Technology | $3,524 | $5,678 | $209 | $9,411 |
| Travel | $3,318 | - | - | $3,318 |
| Other Expenses | $1,242 | $914 | $0 | $2,156 |
| Fees for Services Other | $1,204 | $0 | $0 | $1,204 |
| Advertising | $29 | $672 | $357 | $1,058 |
| Office Expenses | - | $597 | $0 | $597 |
| Insurance | $0 | $495 | - | $495 |
| Conferences and Meetings | $75 | - | - | $75 |
| Total Functional Expenses | $141,425 | $68,997 | $27,272 | $237,694 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
“Upon completion of the draft of Form 990, the Treasurer presented the document to the other officers and explained each of the financial sections and the most relevant questions.”
“With every contract decision, the officers identify and discuss any possible conflict of interest. We note in our minutes any reasons why we see there is a conflict of interest and/or how we will monitor a potential conflict of interest. This is especially applicable for family members who are also involved with our ministry and sometimes compensated for their work.”
“For our first fiscal year (2021), the Treasurer consulted compensation data, institutional tax forms, and other sources from organizations in the fields of higher education, ministries, and consulting. He then calculated a reasonable, but fair compensation scale for the Professor positions and the Director of Operations position. This included a proposal for the clergy housing allowance and retirement contributions. He brought this recommendation from the comparability data to the other officers (President and Secretary) to deliberate on and approve for implementation. This was approved at the 2021.06.22 Board Meeting. Upon evaluation of many options, the Treasurer proposed retirement contributions be made to SEP-IRAs, which the board approved at their 2021.10.05 Board Meeting. For fiscal year 2022, the Treasurer updated the comparability compensation data with a focus on cost-of-living-adjustments. At the 2022.06.22 board meeting, it was approved that the annual COLA be no less than 1% and no more than 5%, based on May to May Consumer Price Index. The compensation for the next fiscal year was adjusted based on this decision.”
“In addition to sharing this information with all who request it, The Foundry has made its governing documents and financial statements available to the public on the GuideStar website at https://www.guidestar.org/profile/86-2914694. The only major document not available there is our conflict of interest policy.”
“Independent contractor compensation for leading, teaching, and participating in specific trainings.”
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 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1200 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 6300 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | To support and strengthen church leaders at every level with biblical and practical training. The Foundry offers a variety of learning communities that make theological education and ministry training accessible to churches and their leaders. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 357 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 672 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 29 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1058 |
| IRS990/AllOtherContributionsAmt | 0 | 152984 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Foundry Training Group |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6167992083 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1226 Union Ave NE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Grand Rapids |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49505 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 58065 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 44785 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 24816 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 57327 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 124380 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 206523 |
| IRS990/CompDisqualPersonsGrp/FundraisingAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 75 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 75 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContriRptFundraisingEventAmt | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 152984 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 19227 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 84030 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -680 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 218467 |
| IRS990/CYTotalExpensesAmt | 0 | 237694 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 27272 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 237014 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | Institute of Ministry Leadership - The Foundry offers seminary-level training on site and packaged in a sustainable rhythm. Our church-centered model focuses on ministry-related outcomes in participants' current ministry context, connecting course learning with the real-life ministry happening in the local church. For FY2021, The Foundry provided courses over a 10-month period that served 9 to 25 students per course involved in various ministries at a church in Indiana. For FY2022, The Foundry plans to provide similar course-like training in Kalamazoo and the Grand Rapids area. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DoingBusinessAsName/BusinessNameLine1Txt | 0 | The Foundry |
| IRS990/DonatedServicesAndUseFcltsAmt | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 85455 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FederatedCampaignsAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 1204 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1204 |
| IRS990/FeesForServicesProfFundraising/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 15 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 45 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 40 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 28131 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 41450 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Branson Parler |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Jeff Fisher |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Sarah Behm |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 54669 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 41350 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 40000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 12000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 950 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Director of Theological Education |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director of Spiritual Formation |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director of Operations, President |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2021 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/FundraisingAmt | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GovernmentGrantsAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 237014 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 209 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 5678 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 3524 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 9411 |
| IRS990/InitialReturnInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 495 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 495 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentExpenseAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MI |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | To strengthen and support church leaders at every level with biblical and practical training. The Foundry provides a variety of learning communities for pastors, ministry staff, lay leaders, and others in or exploring ministry. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 58070 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 57390 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 58070 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 57390 |
| IRS990/NoncashContributionsAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 597 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 597 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Books and Teaching Resources |
| IRS990/OtherExpensesGrp/Desc | 1 | Transaction Fees for Online Payments |
| IRS990/OtherExpensesGrp/Desc | 2 | Meals, Snacks, Food for Meetings |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 451 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 914 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 271 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 191 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1242 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 271 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 642 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2156 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 0 |
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| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 7500 |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Sarah Behm |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 611430 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Institute of Ministry Leadership |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Customized Church Training |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Ministry Formation Cohort |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Multi-Church Lay Leader Training |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | Pastors Learning Cohorts |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 16850 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 7200 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 2630 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 5750 |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 7200 |
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| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 4 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Ministry Formation Cohorts - The Foundry's ministry formation cohorts focus on equipping leaders for ministry in a way that is church-centered and uses holistic, hands-on models of learning. Our ministry formation cohorts are for those who are actively serving in some capacity in their church or ministry context, whether as pastors, staff leaders, or lay leaders interested in being further equipped for ministry. For FY21, The Foundry offered courses over a 9 month period that served 5 to 10 participants per 6-to-8 week course session. |
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| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 7200 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Customized Workshops and Training - The Foundry offers workshops where lay leaders and congregations can be trained in a variety of areas, including biblical and theological training, spiritual disciplines, and how faith shapes our approach to contemporary cultural issues. In FY21, The Foundry worked with 7 churches and 2 other ministries to provide them with training that ranged from weekly lessons over several months to one-time workshops focused on a specific topic. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 27541 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 16850 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | Multi-Church Lay Leader Training - The Foundry's lay leadership training offers equipping for elders, deacons, ministry staff, and other lay leaders with a focus on four broad categories: Character: Spiritual and Emotional Health Knowledge: Bible, Theology, Polity Skills: Listening, Care, Teaching Responsibilities: Leadership, Discipleship, Worship We offer this training in a multi-church format three times per year (February, June, and October). For each of these workshops, we have had 3 to 6 different churches participate with multiple people from each church for a range of 25 to 40 participants per workshop. |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 1 | Other Training - in its first year, The Foundry worked with other similar organizations for one-time classes. These have a different purpose and goal than the other church-based leadership training |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 2 | Pastors Learning Cohorts - Near the end of the first fiscal year, The Foundry started preparing for learning communities with pastors that would start in August. Some of the revenue was received and some of the initial expenses incurred during this fiscal year. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Upon completion of the draft of Form 990, the Treasurer presented the document to the other officers and explained each of the financial sections and the most relevant questions. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | With every contract decision, the officers identify and discuss any possible conflict of interest. We note in our minutes any reasons why we see there is a conflict of interest and/or how we will monitor a potential conflict of interest. This is especially applicable for family members who are also involved with our ministry and sometimes compensated for their work. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | For our first fiscal year (2021), the Treasurer consulted compensation data, institutional tax forms, and other sources from organizations in the fields of higher education, ministries, and consulting. He then calculated a reasonable, but fair compensation scale for the Professor positions and the Director of Operations position. This included a proposal for the clergy housing allowance and retirement contributions. He brought this recommendation from the comparability data to the other officers (President and Secretary) to deliberate on and approve for implementation. This was approved at the 2021.06.22 Board Meeting. Upon evaluation of many options, the Treasurer proposed retirement contributions be made to SEP-IRAs, which the board approved at their 2021.10.05 Board Meeting. For fiscal year 2022, the Treasurer updated the comparability compensation data with a focus on cost-of-living-adjustments. At the 2022.06.22 board meeting, it was approved that the annual COLA be no less than 1% and no more than 5%, based on May to May Consumer Price Index. The compensation for the next fiscal year was adjusted based on this decision. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | In addition to sharing this information with all who request it, The Foundry has made its governing documents and financial statements available to the public on the GuideStar website at https://www.guidestar.org/profile/86-2914694. The only major document not available there is our conflict of interest policy. |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.