Ingham-Okoboji Lutheran Bible Camp Assn
- Assets
- $4.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 77
- Location
- Milford, IA
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 42-1247690
Organization Overview
Ingham-Okoboji Lutheran Bible Camp Assn is located in Milford, IA. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Ingham-Okoboji Lutheran Bible Camp Assn employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ingham-Okoboji Lutheran Bible Camp Assn 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 12/2022, Ingham-Okoboji Lutheran Bible Camp Assn generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
A CAMPING AND RETREATING MINISTRY HELPING CHILDREN, ADULTS AND FAMILIES ENTER INTO A RELATIONSHIP WITH JESUS CHRIST AND HELPING THEM MAINTAIN THAT RELATIONSHIP THROUGH OUR PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YEAR-ROUND YOUTH, ADULT AND FAMILY CAMPING AND RETREATING ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rodney Quanbeck Executive Director | Trustee | 60 | $95,414 |
Deb Anderson Board Of Directors President | Trustee | 5 | $0 |
Dan Kruger Board Of Directors Vice President | Trustee | 5 | $0 |
Shelly Payne Board Of Directors Secretary | Trustee | 5 | $0 |
Dave Neve Board Of Directors Treaurer | Trustee | 5 | $0 |
Ben Worley Board Of Directors | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $121,777 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $620,354 |
| Noncash contributions included in lines 1a–1f | $36,468 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $742,131 |
| Total Program Service Revenue | $853,559 |
| Investment income | $12,142 |
| 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 | $1,607,832 |
| 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. | $95,414 |
| Compensation of current officers, directors, key employees. | $47,707 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $522,609 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $98,037 |
| Payroll taxes | $45,490 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,492 |
| Fees for services: Accounting | $2,095 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,934 |
| Advertising and promotion | $21,842 |
| Office expenses | $74,929 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $426,157 |
| Travel | $4,080 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,564 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,605 |
| Insurance | $57,917 |
| All other expenses | $95,433 |
| Total functional expenses | $1,739,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,581 |
| Savings and temporary cash investments | $1,479,287 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,944 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,407 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,068,030 |
| Investments—publicly traded securities | $26,395 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,592 |
| Total assets | $4,626,236 |
| Accounts payable and accrued expenses | $74,014 |
| Grants payable | $0 |
| Deferred revenue | $39,425 |
| 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 | $113,439 |
| Net assets without donor restrictions | $4,222,874 |
| Net assets with donor restrictions | $289,923 |
| 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 | $4,626,236 |