Labri Fellowship Foundation
- Assets
- $1.9m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 16
- Location
- Rochester, MN
- Founding
- 01/1958
- Data as of
- 12/2021
- EIN
- 51-6017949
Organization Overview
Labri Fellowship Foundation is located in Rochester, MN. The organization was established in 1958. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Labri Fellowship Foundation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Labri Fellowship Foundation 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 12/2021, Labri Fellowship Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $832.4k during the year ending 12/2021. 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
THE PROMOTION OF CHRISTIANITY THROUGH THE SUPPORT AND ENCOURAGEMENT OF ACTIVE MISSIONARIES THROUGHOUT THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
L'ABRI PROMOTED CHRISTIANITY TO 178 STUDENTS AND HELD CONFERENCES THROUGHOUT 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Keyes Trustee | Trustee | 50 | $26,133 |
Richard Bradford Trustee | Trustee | 50 | $25,556 |
Alan Mcgregor Trustee | Trustee | 50 | $10,960 |
Robb Ludwick President | OfficerTrustee | 2 | $0 |
Clarke Scheibe Secretary | OfficerTrustee | 2 | $0 |
Henk Reitsema Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $127,387 |
| All other contributions, gifts, grants, and similar amounts not included above | $863,755 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $991,142 |
| Total Program Service Revenue | $179,464 |
| Investment income | $6,442 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,487 |
| 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 | -$286 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,188,249 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| 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. | $118,031 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,589 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $51,699 |
| Payroll taxes | $79,500 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,722 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,172 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $42,046 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,838 |
| Travel | $9,153 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,437 |
| Interest | $6,097 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,740 |
| Insurance | $43,406 |
| All other expenses | $14,797 |
| Total functional expenses | $832,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,499 |
| Savings and temporary cash investments | $539,829 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,887 |
| 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 | $1,014 |
| Net Land, buildings, and equipment | $828,094 |
| Investments—publicly traded securities | $475,380 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $79,239 |
| Total assets | $1,930,942 |
| Accounts payable and accrued expenses | $63,368 |
| Grants payable | $0 |
| Deferred revenue | $1,150 |
| 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 | $154,521 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $219,039 |
| Net assets without donor restrictions | $1,475,556 |
| Net assets with donor restrictions | $236,347 |
| 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 | $1,930,942 |
Grants Awarded
Over the last fiscal year, Labri Fellowship Foundation has awarded $80,560 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Southborough, MA PURPOSE: LAND CONSERVATION AND TRAIL USAGE | $65,560 |
Steelville, MO PURPOSE: OPERATIONAL ASSISTANCE | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Labri Fellowship Foundation has recieved totaling $37,150.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $14,750 |
Rancho Santa Fe Foundation Rancho Santa Fe, CA PURPOSE: RELIGIOUS | $7,400 |
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 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Praying Pelican Missions Minneapolis, MN | $539,673 | $5,474,608 |
Venture Burnsville, MN | $4,889,777 | $6,516,603 |
Evangelical Lutheran Good Samaritan Foundation Sioux Falls, SD | $102,471,128 | $9,259,464 |
Christian Worship Hour Aberdeen, SD | $3,374,479 | $4,060,903 |
Luther Memorial Home Madelia, MN | $3,423,486 | $4,600,698 |
Barnabas International Elkhorn, WI | $2,407,026 | $3,476,922 |