Christ Lutheran Church Foundation Inc is located in Baltimore, MD. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christ Lutheran Church Foundation 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 12/2021, Christ Lutheran Church Foundation Inc generated $738.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.0m 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
TO FOSTER AND PROMOTE THE CHARITABLE AND RELIGIOUS ACTIVITIES OF CHRIST LUTHERAN CHURCH OF BALTIMORE CITY, MARYLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER AND PROMOTE THE CHARITABLE AND RELIGIOUS ACTIVITIES OF CHRIST LUTHERAN CHURCH OF BALTIMORE CITY, MARYLAND, INCLUDING MINISTRY TO THE DISADVANTAGED, EDUCATION, AND WORSHIP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amsalu Geleta President | OfficerTrustee | $0 | |
Nadine Knoche Vice Preside | OfficerTrustee | $0 | |
Tim Fisher Secretary | OfficerTrustee | $0 | |
Bruce Kirby Treasurer | OfficerTrustee | $0 | |
Doug Nazarian Director | Trustee | $0 | |
Rufus Lusk Director | Trustee | $0 |
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 | $399 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $399 |
Total Program Service Revenue | $0 |
Investment income | $188,672 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $549,655 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $738,726 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,940,982 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $28,173 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
Insurance | $263 |
All other expenses | $4,584 |
Total functional expenses | $1,978,902 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $374,439 |
Savings and temporary cash investments | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $8,471,297 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $645 |
Total assets | $8,846,381 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $8,846,381 |
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 | $8,846,381 |
Over the last fiscal year, we have identified 1 grants that Christ Lutheran Church Foundation Inc has recieved totaling $14,688.
Awarding Organization | Amount |
---|---|
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: GENERAL SUPPORT | $14,688 |
Organization Name | Assets | Revenue |
---|---|---|
Allegheny Christian Ministries Inc Davidsville, PA | $38,200,774 | $15,292,009 |
Interfaith Works Inc Rockville, MD | $3,434,731 | $16,207,843 |
Diakon Topton, PA | $25,282,356 | $12,688,159 |
Chesterfield Food Bank Chester, VA | $4,733,303 | $12,678,774 |
Christian Relief Services - 21st Century Campaign Inc Alexandria, VA | $158,124,944 | $23,648,742 |
Disciplemakers Inc State College, PA | $2,971,948 | $5,867,999 |
Persecution Project Foundation Culpeper, VA | $1,374,670 | $4,791,069 |
Episcopal Church Home Friendship Inc Washington, DC | $7,830,953 | $3,216,110 |
General Council On Finance & Admins Of The United Methodist Church Allison Park, PA | $2,741,715 | $3,669,779 |
Black Rock Retreat Quarryville, PA | $10,750,251 | $3,252,262 |
The Mustard Seed Foundation Inc Falls Church, VA | $681,499 | $2,700,000 |
House Of Mercy Manassas, VA | $1,091,367 | $2,811,923 |