Associates Of Luthernan Development Executives Inc
- Assets
- $647.7k
- Revenue
- $169.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Ormond Beach, FL
- Founding
- 04/1989
- Data as of
- 06/2021
- EIN
- 38-2242979
Organization Overview
Associates Of Luthernan Development Executives Inc is located in Ormond Beach, FL. The organization was established in 1989. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Associates Of Luthernan Development Executives Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associates Of Luthernan Development Executives Inc 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, Associates Of Luthernan Development Executives Inc generated $169.3k 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 (16.5%) each year. All expenses for the organization totaled $203.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.7%) 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
AN INTERNATIONAL COMMUNITY OF FUNDRAISING AND COMMUNICATION PROFESSIONALS THAT IS ROOTED IN THE LUTHERAN TRADITION OF THE CHRISTIAN FAITH AND DEDICATED TO SERVING GOD'S PEOPLE IN THE CHURCH AND IN THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALDE IS ONE OF THE NATION'S LEADING ORGANIZATIONS OF CHRISTIAN DEVELOPMENT EXECUTIVES. THE MEMBERSHIP CONSISTS OF MORE THAN 500 PROFESSIONALS IN THE AREAS OF FUNDRAISING AND COMMUNICATIONS. DURING THE YEAR ALDE PROVIDED EDUCATION, TRAINING, AND PROFESSIONAL GROWTH VIA ZOOM SINCE WE WERE UNABLE TO HOST A CONFERENCE. DUE TO COVID, WE HAVE SEEN A DECLINE IN MEMBERSHIP. DURING COVID, THE BOARD AND EXECUTIVE COMMITTEE MET MUCH MORE FREQUENTLY AND BEGAN TO MAP OUT A PLAN TO EXPAND OUR NETWORK AND CHANGE THE ORGANIZATION'S NAME. THIS TIME WAS PUT TO GOOD USE SINCE WE WERE ABLE TO SECURE PPP LOANS, BOTH OF WHICH WERE FORGIVEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Brill Executive Director | Officer | 40 | $74,950 |
David Fuerst President-Elect | OfficerTrustee | 1 | $0 |
Christine Zrinsky President | OfficerTrustee | 1 | $0 |
Alice Mowbray Secretary | OfficerTrustee | 1 | $0 |
Christine Post-Duncan Treasurer | OfficerTrustee | 1 | $0 |
David Friesen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $39,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,400 |
| Total Program Service Revenue | $89,593 |
| Investment income | $7,881 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $420 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $169,294 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $90,860 |
| Compensation of current officers, directors, key employees. | $36,344 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,895 |
| Pension plan accruals and contributions | $3,070 |
| Other employee benefits | $0 |
| Payroll taxes | $8,598 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $417 |
| Fees for services: Accounting | $19,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,460 |
| Advertising and promotion | $539 |
| Office expenses | $20,438 |
| Information technology | $8,320 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,229 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $156 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $203,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $72,121 |
| 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 | $1,018 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $574,522 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $647,661 |
| Accounts payable and accrued expenses | $17,795 |
| Grants payable | $0 |
| Deferred revenue | $48,400 |
| 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 | $39,207 |
| Total liabilities | $105,402 |
| Net assets without donor restrictions | $131,015 |
| Net assets with donor restrictions | $411,244 |
| 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 | $647,661 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Associates Of Luthernan Development Executives Inc has recieved totaling $5,534.
| Awarding Organization | Amount |
|---|---|
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: GENERAL SUPPORT | $5,534 |
Endowment Analysis
| Beg. Balance | $337,086 |
| Earnings | $103,840 |
| Net Contributions | $960 |
| Other Expense | $30,642 |
| Ending Balance | $411,244 |
Peer Organizations
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|---|---|---|
The Rethink Group Inc Cumming, GA | $5,968,451 | $26,130,363 |
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |
Lighthouse Gospel Mission Inc Riverview, FL | $956,099 | $6,409,452 |
Equip Leadership Inc Duluth, GA | $5,673,774 | $7,651,794 |
Learning Empowered Inc St Petersburg, FL | $2,480,728 | $4,768,957 |
21st Century Ministries Inc Bradenton, FL | $1,525,100 | $4,748,464 |
Celebration Inc Alpharetta, GA | $12,143,937 | $5,388,788 |