Lutheran Education Association
- Assets
- $479.6k
- Revenue
- $560.8k
- Investments
- $0.0
- Employees
- 6
- Location
- River Forest, IL
- Founding
- 12/1989
- Data as of
- 06/2022
- EIN
- 36-2496650
Organization Overview
Lutheran Education Association is located in River Forest, IL. The organization was established in 1989. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Lutheran Education Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lutheran Education Association 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, Lutheran Education Association generated $560.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $611.5k during the year ending 06/2022. While expenses have increased by 2.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LUTHERAN EDUCATION ASSOCIATION LINKS, EQUIPS, AND AFFIRMS EDUCATORS AND WORKERS IN MINISTRY FOR THE PURPOSE OF BUILDING UP THE BODY OF CHRIST.
Describe the Organization's Program Activity:
MEMBER SERVICES: EXPENSES OF LEA OFFICE AND NETWORK OPERATIONS FOR THESUPPORT OF MEMBERS, AND FOR CONFERENCES, ACADEMIES, AND THECONVOCATION.
ADVOCACY: ACTIVITIES AND EXPENSES FOR ADVOCACY ON ISSUES OF IMPORTANCETO LUTHERAN EDUCATION AND EDUCATORS.
LIASON: ACTIVITIES AND EXPENSES FOR DEVELOPING AND MAINTAININGRELATIONSHIPS WITH THE LUTHERAN CHURCH AND RELATED ORGANIZATIONS ANDTHE BROADER EDUCATIONAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Ziegler Chair | OfficerTrustee | 2 | $0 |
Drew Gerdes Vice Chair | OfficerTrustee | 2 | $0 |
Christy Wood Secretary | OfficerTrustee | 2 | $0 |
Gretchen Jameson Director | Trustee | 1 | $0 |
Angie Schiller Director | Trustee | 1 | $0 |
Dave Bangert Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $173,220 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $84,644 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,427 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,291 |
| Total Program Service Revenue | $270,166 |
| Investment income | $391 |
| 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 | $560,848 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $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. | $101,172 |
| Compensation of current officers, directors, key employees. | $22,662 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $129,365 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,456 |
| Payroll taxes | $3,779 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,207 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,445 |
| Advertising and promotion | $0 |
| Office expenses | $19,009 |
| Information technology | $27,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $156,870 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,405 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,231 |
| Insurance | $5,781 |
| All other expenses | $1,493 |
| Total functional expenses | $611,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,602 |
| Savings and temporary cash investments | $424 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $482 |
| 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 | $102,205 |
| Net Land, buildings, and equipment | $6,915 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,934 |
| Total assets | $479,562 |
| Accounts payable and accrued expenses | $45,242 |
| Grants payable | $0 |
| Deferred revenue | $647,411 |
| 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 | $692,653 |
| Net assets without donor restrictions | -$288,067 |
| Net assets with donor restrictions | $74,976 |
| 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 | $479,562 |