Liabilities / Assets
30th percentile
Higher debt load relative to assets than 30% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
30th percentile
Higher debt load relative to assets than 30% of similar nonprofits.
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
31st percentile
Higher top officer pay than 31% of similar nonprofits.
Top officer pay equals 15.9% 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
$35,935,135
No earlier filing loaded for comparison.
Net Assets
$35,262,333
No earlier filing loaded for comparison.
Liabilities
$672,802
No earlier filing loaded for comparison.
Revenue
$835,833
No earlier filing loaded for comparison.
Expenses
$573,500
No earlier filing loaded for comparison.
Net Income
$262,333
No earlier filing loaded for comparison.
To acquire and manage various financial and capital assets. In particular the assets to be held and managed include real estate, exclusively for the benefit of and to support the religious ministry operations of logos missions, inc.
Logos tower's mission is to offer a full spectrum of real estate capabilities to service its clients and partners. When implemented by logos tower, these services generate bottom line benefits to the client as a result of ownership perspective, experienced teams of profesionals, broad resources, institutional discipline, and entrepreneurial vision.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $0 | $31,581,528 | ▲ $31,581,528 |
| Cash and Non-Interest-Bearing Accounts | - | $4,236,278 | - |
| Prepaid Expenses and Deferred Charges | - | $62,805 | - |
| Accounts Receivable | - | $54,524 | - |
| Total Assets | $0 | $35,935,135 | ▲ $35,935,135 |
| Liabilities | |||
| Other Liabilities | $0 | $351,156 | ▲ $351,156 |
| Deferred Revenue | - | $265,802 | - |
| Accounts Payable and Accrued Expenses | - | $55,844 | - |
| Total Liabilities | $0 | $672,802 | ▲ $672,802 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | - | $35,262,333 | - |
| Total Net Assets Fund Balance | $0 | $35,262,333 | ▲ $35,262,333 |
| Total Liabilities and Net Assets / Fund Balance | $0 | $35,935,135 | ▲ $35,935,135 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $19,826,328 | $85,170 | $19,911,498 |
| Land | $11,755,200 | - | $11,755,200 |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Reverend Samuel D Park | President | PT | $132,923 | $132,923 |
| Hyojung K Lee | Trustee | PT | $75,194 | $75,194 |
| Name | Title |
|---|---|
| Young C Huh | Trustee |
| Line Item | Amount |
|---|---|
| Other Expenses | $573,500 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $185,060 | - | - | $185,060 |
| Fees for Services Other | $40,005 | $100,000 | - | $140,005 |
| Depreciation Depletion | $85,170 | - | - | $85,170 |
| Other Expenses | $63,916 | - | - | $63,916 |
| Fees for Services Management | $63,293 | - | - | $63,293 |
| Fees for Services Legal | - | $15,726 | - | $15,726 |
| Insurance | $9,988 | - | - | $9,988 |
| Office Expenses | $8,060 | $153 | - | $8,213 |
| Fees for Services Accounting | - | $2,000 | - | $2,000 |
| Travel | - | $129 | - | $129 |
| Total Functional Expenses | $455,492 | $118,008 | $0 | $573,500 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Security Deposits Held | $312,030 |
| Due to Affiliate | $39,126 |
“Logos tower de, llc is the sole member of logos tower inc. Logos missions, inc. Is the sole member of logos tower de, llc.”
“Per the bylaws, the board members are elected by logos tower de, llc. As logos tower de, llc is the sole member of logos tower inc., they hold the right to approve and appoint the directors of the board. Logos missions, inc. Is the sole member of logos tower de, llc.”
“The president reviews the tax return before it is filed. A copy of the 990 is provided to all board members prior to filing.”
“Members of the governing body are required to sign a conflict of interest statement annually.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“Compensation reported on part vii paid by a related organization is for the full calendar year. Logos tower was not incorporated until november 2023.”
“Other professional fees: program service expenses 36,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,000. Consulting services: program service expenses 4,005. Management and general expenses 100,000. Fundraising expenses 0. Total expenses 104,005.”
“Transfer of net assets from affiliate 35,000,000.”
“Logos missions inc. Transfered $35,000,000 of net assets in order to purchase the property held and managed by logos tower inc.”
“The organization has applied for exemption from income taxes under section 501(c)(2) of the internal revenue code. Accounting principles generally accepted in the united states of america (u.s. Gaap) require management to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service or other applicable taxing authorities. Management has analyzed the tax positions taken by the organization, and has concluded that as of december 31, 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.”
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/EOYAmt | 0 | 55844 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 54524 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | LOGOS TOWER'S MISSION IS TO OFFER A FULL SPECTRUM OF REAL ESTATE CAPABILITIES TO SERVICE ITS CLIENTS AND PARTNERS. WHEN IMPLEMENTED BY LOGOS TOWER, THESE SERVICES GENERATE BOTTOM LINE BENEFITS TO THE CLIENT AS A RESULT OF OWNERSHIP PERSPECTIVE, EXPERIENCED TEAMS OF PROFESIONALS, BROAD RESOURCES, INSTITUTIONAL DISCIPLINE, AND ENTREPRENEURIAL VISION. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DONG J PARK |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5627458393 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 18000 STUDEBAKER RD 600 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CERRITOS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90703 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 4236278 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 573500 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 835833 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 262333 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 573500 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 835833 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 265802 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 85170 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 85170 |
| IRS990/Desc | 0 | LOGOS TOWER'S SOLE ACTIVITY IS TO HOLD TITLE TO AND MANAGE ASSETS ON BEHALF OF LOGOS MISSIONS, INC. AND TO TURN OVER INCOME FROM SUCH ACTIVITY, LESS EXPENSES TO LOGOS MISSIONS, INC. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 455492 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2000 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 15726 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 15726 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 63293 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 63293 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 100000 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 40005 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 140005 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 12038 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 6790 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | REVEREND SAMUEL D PARK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | HYOJUNG K LEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | YOUNG C HUH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 120885 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 68404 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2023 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 835833 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 1 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InitialReturnInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 9988 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 9988 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 85170 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 31581528 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 31666698 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO ACQUIRE AND MANAGE VARIOUS FINANCIAL AND CAPITAL ASSETS. IN PARTICULAR THE ASSETS TO BE HELD AND MANAGED INCLUDE REAL ESTATE, EXCLUSIVELY FOR THE BENEFIT OF AND TO SUPPORT THE RELIGIOUS MINISTRY OPERATIONS OF LOGOS MISSIONS, INC. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 35262333 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 35262333 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 185060 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 185060 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 153 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 8060 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 8213 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 35000000 |
| IRS990/OtherExpensesGrp/Desc | 0 | TAX EXPENSES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 63916 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 63916 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 351156 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 62805 |
| IRS990/PrincipalOfficerNm | 0 | REVEREND SAMUEL PARK |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531120 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531120 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | COMMON AREA MAINTENANC |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | PARKING REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | UNIT RECOVERY REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 794625 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 38183 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 1925 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 1100 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 794625 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 38183 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 1925 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 1100 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 262333 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 835833 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 19826328 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 85170 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 19911498 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 11755200 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 11755200 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 312030 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 39126 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SECURITY DEPOSITS HELD |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO AFFILIATE |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION HAS APPLIED FOR EXEMPTION FROM INCOME TAXES UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA (U.S. GAAP) REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 31581528 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 351156 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LOGOS TOWER DE, LLC IS THE SOLE MEMBER OF LOGOS TOWER INC. LOGOS MISSIONS, INC. IS THE SOLE MEMBER OF LOGOS TOWER DE, LLC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PER THE BYLAWS, THE BOARD MEMBERS ARE ELECTED BY LOGOS TOWER DE, LLC. AS LOGOS TOWER DE, LLC IS THE SOLE MEMBER OF LOGOS TOWER INC., THEY HOLD THE RIGHT TO APPROVE AND APPOINT THE DIRECTORS OF THE BOARD. LOGOS MISSIONS, INC. IS THE SOLE MEMBER OF LOGOS TOWER DE, LLC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE PRESIDENT REVIEWS THE TAX RETURN BEFORE IT IS FILED. A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MEMBERS OF THE GOVERNING BODY ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | COMPENSATION REPORTED ON PART VII PAID BY A RELATED ORGANIZATION IS FOR THE FULL CALENDAR YEAR. LOGOS TOWER WAS NOT INCORPORATED UNTIL NOVEMBER 2023. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 36,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,000. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 4,005. MANAGEMENT AND GENERAL EXPENSES 100,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 104,005. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | TRANSFER OF NET ASSETS FROM AFFILIATE 35,000,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | LOGOS MISSIONS INC. TRANSFERED $35,000,000 OF NET ASSETS IN ORDER TO PURCHASE THE PROPERTY HELD AND MANAGED BY LOGOS TOWER INC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VII, SECTION A, LINE 1A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI, LINE 9 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | LOGOS MISSIONS INC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | LOGOS TOWER DE LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 0 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 0 | IL |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 0 | HOLDING COMPANY |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt | 0 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt | 0 | 2315 SANDERS RD |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm | 0 | NORTHBROOK |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd | 0 | 60062 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | LOGOS MISSIONS INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 362896920 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)3 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | IL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | OPERATING A CHRISTIAN-BASED HEALTHCARE SHARING MINISTRY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | RELIGIOUS HEALTH SER |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 2315 SANDERS RD |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | NORTHBROOK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 60062 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt | 0 | LOGOS MISSIONS PRIMARY ACTIVITY: TO OPERATE A CHRISTIAN-BASED HEALTHCARE SHARING MINISTRY FOR THE PURPOSE OF SHARING MEDICAL EXPENSES, WHILE PROMOTING THE CHRISTIAN FAITH. |
| IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 35000000 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | FMV |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | LOGOS MISSIONS INC |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | S |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsEOYAmt | 0 | 35935135 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 35935135 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 118008 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 455492 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 573500 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 672802 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 672802 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 35262333 |
| IRS990/TotalOtherCompensationAmt | 0 | 18828 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 455492 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 835833 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 835833 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 835833 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 35935135 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 189289 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 129 |
| IRS990/TravelGrp/TotalAmt | 0 | 129 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 18000 STUDEBAKER RD 600 |
| IRS990/USAddress/CityNm | 0 | CERRITOS |
| IRS990/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/USAddress/ZIPCd | 0 | 90703 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 1 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | REVEREND SAMUEL PARK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5627458393 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LOGOS TOWER INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LOGO |
| ReturnHeader/Filer/EIN | 0 | 933948739 |
| ReturnHeader/Filer/PhoneNum | 0 | 5627458393 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 18000 STUDEBAKER RD 600 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CERRITOS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90703 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 410746749 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CLIFTONLARSONALLEN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2021 SPRING ROAD SUITE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | OAK BROOK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60523 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6305738600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ASHLEY BARSEMA |
| ReturnHeader/ReturnTs | 0 | 2025-11-14T12:43:48-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-10-04 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2023 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $39.3 | $0.89 | $38.4 | $5.47 | $3.34 | $2.13 |
| 2023Facts available. Structured filing facts are available, but richer extracted sections are limited. | $35.9 | $0.67 | $35.3 | $0.84 | $0.57 | $0.26 |