Larry Lundstrom Ministries
- Assets
- $644.7k
- Revenue
- $215.8k
- Investments
- $561.0k
- Employees
- 5
- Location
- Sisseton, SD
- Founding
- 02/1993
- Data as of
- 06/2021
- EIN
- 36-3857846
Organization Overview
Larry Lundstrom Ministries is located in Sisseton, SD. The organization was established in 1993. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Larry Lundstrom Ministries employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Larry Lundstrom Ministries 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 06/2021, Larry Lundstrom Ministries generated $215.8k 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 (5.2%) each year. All expenses for the organization totaled $228.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE DISSEMINATION OF RELIGIOUS AND MORAL INSTRUCTION, SPREADING THE GOSPEL BY ANY AND ALL MEANS, AND FOR THE SUPPORT OF PUBLIC WORSHIP THROUGH RADIO, TELEVISION, SOCIAL MEDIA, LITERATURE AND PERSONAL CRUSADES AND PERSONAL APPEARANCES OF ITS MEMBERS AND EMPLOYEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SET FREE - GLORIA LUNDSTROM SPEAKS TO WOMEN IN CHURCHES, RETREATS, CONVENTIONS, AND BANQUETS PRESENTING SEMINARS ON MARRIAGE, FAMILY, AND RELATIONSHIPS. SHE SEEKS TO ENCOURAGE, STRENGTHEN, AND PROVIDE HEALING TO WOMEN IN THEIR RELATIONSHIPS, THEIR DAILY LIVES, AND THEIR WALK WITH GOD.
RALLIES & CRUSADES - LARRY & GLORIA TRAVEL ACROSS THE COUNTRY VISITING CHURCHES AND COMMUNITIES TO SPREAD THE GOSPEL OF JESUS CHRIST. AS AN INTERDENOMINATIONAL MINISTRY WORKING WITH LOCAL PASTORS AND LAYMEN, THE LUNDSTROMS SPEAK TO FAMILIES, COUPLES, AND INDIVIDUALS. THEY PRESENT AN INVITATION FOR SALVATION COUPLED WITH TEACHING AND ENCOURAGEMENT TO THOSE WHO HAVE ALREADY MADE A PERSONAL COMMITMENT. THEIR MINISTRY COVERS CITY-WIDE CRUSADES, EVANGELISTIC SERVICES OR RALLIES, AND SPEAKING ENGAGEMENTS OF MARRIAGE AND THE FAMILY.
MINISTRY OUTREACH - THE MINISTRY PROVIDES A MONTHLY NEWSLETTER TO THOSE WHO HAVE ATTENDED A MINISTRY EVENT IN THE PAST YEAR AND TO ALL SUPPORTERS. EACH ISSUE HAS AN ARTICLE FROM LARRY'S PERSPECTIVE SPEAKING ON ISSUES TOUCHING THE CHURCH AND CURRENT ISSUES AND EVENTS. THERE IS ANOTHER ARTICLE FROM GLORIA, WHO SPEAKS FROM HER HEART, USUALLY ON ISSUES TOUCHING THE FAMILY. THERE ARE ALSO PHOTOS AND INFORMATION ON THE MEETINGS THEY'VE HELD, AND A SCHEDULE OF UPCOMING EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gloria Lundstrom Vice Pres | OfficerTrustee | 40 | $47,205 |
Larry Lundstrom President | OfficerTrustee | 40 | $18,351 |
Carolyn Johnson Sec/treasure | OfficerTrustee | 1 | $0 |
Doug Jones Board Member | Trustee | 1 | $0 |
Percy Kallevig Board Member | Trustee | 1 | $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 | $203,490 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $203,490 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,383 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,892 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $215,765 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,342 |
| 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. | $99,956 |
| Compensation of current officers, directors, key employees. | $32,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,349 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,164 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,810 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,779 |
| Office expenses | $37,094 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,453 |
| 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 | $587 |
| Insurance | $2,686 |
| All other expenses | $1,047 |
| Total functional expenses | $228,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,320 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $606 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,441 |
| Prepaid expenses and deferred charges | $194 |
| Net Land, buildings, and equipment | $98 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $561,024 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $644,683 |
| Accounts payable and accrued expenses | $4,006 |
| 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 | $4,006 |
| Net assets without donor restrictions | $640,677 |
| 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 | $644,683 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Larry Lundstrom Ministries has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Theodore G Huisinga Charitable Foundation Willmar, MN PURPOSE: GENERAL | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home And Away Ministries North Branch, MN | $25,723,249 | $42,419,971 |
Loaves And Fishes Too Minneapolis, MN | $3,481,660 | $16,298,899 |
Pulse Outreach Minneapolis, MN | $16,852,358 | $21,090,149 |
Desiring God Ministries Minneapolis, MN | $8,654,171 | $9,657,693 |
St Vincent Healthcare Foundation Billings, MT | $88,857,513 | $8,266,509 |
C I O S Wilson, WY | $98,349,403 | $2,570,504 |
Praying Pelican Missions Minneapolis, MN | $539,673 | $5,474,608 |
Youth With A Mission Of Montana A Corporation Lakeside, MT | $4,211,244 | $6,186,840 |
Venture Burnsville, MN | $4,889,777 | $6,516,603 |
Evangelical Lutheran Good Samaritan Foundation Sioux Falls, SD | $102,471,128 | $9,259,464 |
The Lynn And Foster Friess Family Foundation Jackson, WY | $122,372,858 | $36,186,755 |
Christian Worship Hour Aberdeen, SD | $3,374,479 | $4,060,903 |