Grace Lutheran Church Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,819 | 20,226 | 7,593 | 304.3 | 0% |
| 2012 | 35,614 | 32,323 | 3,291 | 209.8 | 0% |
| 2013 | 52,049 | 11,982 | 40,067 | 672.2 | 0% |
| 2014 | 45,344 | 26,818 | 18,526 | 316.7 | 0% |
| 2015 | 29,679 | 46,446 | −16,767 | 169.5 | 0% |
| 2016 | 31,586 | 107,197 | −75,611 | 66.5 | 0% |
| 2017 | 34,382 | 42,539 | −8,157 | 183.7 | 0% |
| 2018 | 28,253 | 36,124 | −7,871 | 190.0 | 0% |
| 2019 | 26,103 | 26,072 | 31 | 303.5 | 0% |
| 2020 | 30,232 | 25,013 | 5,219 | 342.3 | 0% |
| 2021 | 27,947 | 15,972 | 11,975 | 589.1 | 0% |
| 2022 | 60,210 | 12,484 | 47,726 | 670.7 | 0% |
| 2023 | 34,883 | 34,385 | 498 | 266.3 | 0% |
In its most recent public year (2023), this organization brought in $498 more than it spent. Its reserves stood at about 266.3 months of spending, down from 304.3 in 2011. Staff pay was 0% of spending. $743,860 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Grace Lutheran Church Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works