St John-St Paul Evangelical Lutheran Church Endowment Fund
- Assets
- $1.1m
- Revenue
- $95.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 02/1993
- Data as of
- 06/2022
- EIN
- 34-1705880
Organization Overview
St John-St Paul Evangelical Lutheran Church Endowment Fund is located in Akron, OH. The organization was established in 1993. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St John-St Paul Evangelical Lutheran Church Endowment Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, St John-St Paul Evangelical Lutheran Church Endowment Fund generated $95.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $79.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ST. JOHN/ST. PAUL EVANGELICAL LUTHERAN CHURCH ENDOWMENT FUND ("THE FUND") WAS ESTABLISHED TO PRESERVE AND WIDEN THE MINISTRY AND OUTREACH EFFORTS OF THE FORMER CONGREGATION OF ST. JOHN/ST. PAUL EVANGELICAL LUTHERAN CHURCH, WHICH HAS NOW COMBINED WITH FAITH LUTHERAN CHURCH. GRANTS ARE MADE TO FAITH-BASED ORGANIZATIONS AFFILIATED WITH AND/OR SUPPORTED BY THE NORTHEASTERN OHIO SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. ENDOWMENT FUND GRANTS ARE DIRECTED TO USES OF GRANT RECIPIENTS APART FROM THEIR GENERAL OPERATING EXPENSES AND DIRECTED TOWARDS PROJECTS THAT INTRODUCE PEOPLE TO GOD'S GRACE AND TO GOD'S HEALING AND HELPING PRESENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ST. JOHN/ST. PAUL EVANGELICAL LUTHERAN CHURCH ENDOWMENT FUND ("THE FUND") WAS ESTABLISHED TO PRESERVE AND WIDEN THE MINISTRY AND OUTREACH EFFORTS OF THE FORMER CONGREGATION OF ST. JOHN/ST. PAUL EVANGELICAL LUTHERAN CHURCH, WHICH HAS NOW COMBINED WITH FAITH LUTHERAN CHURCH. GRANTS ARE MADE TO FAITH-BASED ORGANIZATIONS AFFILIATED WITH AND/OR SUPPORTED BY THE NORTHEASTERN OHIO SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. ENDOWMENT FUND GRANTS ARE DIRECTED TO USES OF GRANT RECIPIENTS APART FROM THEIR GENERAL OPERATING EXPENSES AND DIRECTED TOWARDS PROJECTS THAT INTRODUCE PEOPLE TO GOD'S GRACE AND TO GOD'S HEALING AND HELPING PRESENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby Fitt Trustee | Trustee | 0.5 | $0 |
Pastor Jean Hansen Trustee | Trustee | 0.5 | $0 |
Art Kaufman Trustee | Trustee | 0.5 | $0 |
John Knops Vice Preside | OfficerTrustee | 0.5 | $0 |
Linda Lewis Secretary | OfficerTrustee | 1.5 | $0 |
Heather Popio Treasurer | OfficerTrustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $50 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50 |
| Total Program Service Revenue | $0 |
| Investment income | $53,919 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $95,526 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $78,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $698 |
| All other expenses | $0 |
| Total functional expenses | $79,248 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,580 |
| Savings and temporary cash investments | $1 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,112,220 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,128,801 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,128,801 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,128,801 |
Grants Awarded
Over the last fiscal year, St John-St Paul Evangelical Lutheran Church Endowment Fund has awarded $70,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OPEN M | | | $40,000 |
HOLY TRINITY LUTHERAN CHURCH | | | $30,000 |