Lutheran Scholarship Granting Organization Of Indiana Inc

Organization Overview

Lutheran Scholarship Granting Organization Of Indiana Inc, operating under the name The Lutheran Sgo, is located in Fort Wayne, IN. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lutheran Sgo 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 06/2023, Lutheran Sgo generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $3.7m during the year ending 06/2023. While expenses have increased by 7.4% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA, INC. IS TO RAISE FUNDS FROM INDIVIDUALS AND BUSINESSES AND DISTRIBUTE SCHOLARSHIP FUNDS TO ALL ELIGIBLE STUDENTS ATTENDING LUTHERAN AND OTHER CHRISTIAN SCHOOLS IN STATES SERVED BY THE LUTHERAN SGO.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATON EXISTS TO RAISE FUNDS FROM INDIVIDUALS AND BUSINESSES TO PROVIDE SCHOLARSHIP FUNDS TO ALL ELIGIBLE STUDENTS WANTING TO ATTEND AN INDIANA CHRISTIAN SCHOOL OF THEIR CHOICE. THE EFFORTS OF THE ORGANIZATION SUPPORT ENROLLMENT GROWTH AND CHRISTIAN OUTREACH TO FAMILIES.


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Board, Officers & Key Employees

Name (title)Compensation
Karl Davis
Chair
$0
Zach Hayden
Vice Chair
$0
Beth Kitson
At-Large Mem
$0
Eric Trauner
Treasurer/se
$0
Mark Webb
At-Large Mem
$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$4,873,530
Noncash contributions included in lines 1a–1f $681,656
Total Revenue from Contributions, Gifts, Grants & Similar$4,873,530
Total Program Service Revenue$0
Investment income $45,231
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,320
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,923,081

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