Portland Lutheran Association For Christian Education Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 05/1985
- Data as of
- 06/2021
- EIN
- 93-0885744
Organization Overview
Portland Lutheran Association For Christian Education Foundation is located in Portland, OR. The organization was established in 1985. According to its NTEE Classification (X03) the organization is classified as: Professional Societies & Associations, 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. Portland Lutheran Association For Christian Education 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 06/2021, Portland Lutheran Association For Christian Education Foundation generated $67.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $548.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DURING THE YEAR ENDED JUNE 30, 2021 THE PORTLAND LUTHERAN ASSOCIATION FOR CHRISTIAN EDUCATION FOUNDATION ("THE FOUNDATION") LIQUIDATED AND CONTRIBUTED ALL REMAINING ASSETS TO THE PORTLAND LUTHERAN ASSOCIATION FOR CHRISTIAN EDUCATION, DBA PORTLAND LUTHERAN SCHOOL. THE SCHOOL WAS RECENTLY CLOSED, AND THE FOUNDATION HAS MERGED WITH PORTLAND LUTHERAN ASSOCIATION FOR CHRISTIAN EDUCATION AS IT WINDS DOWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel C Lorenz Vice President & Board Member | 1 | $0 | |
Dione Fugere Secretary & Board Member | 1 | $0 | |
Michael Madison President & Board Member | 1 | $0 | |
Amity Darnielle Treasurer & Board Member | 1 | $0 | |
Pastor Kris Morris Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $66,988 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,988 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,498 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15 |
| Total expenses | $548,802 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Endowment Analysis
| Beg. Balance | $476,904 |
| Earnings | -$26,094 |
| Admin Expense | $2,433 |
| Net Contributions | $2,233 |
| Grants | $57,000 |
| Ending Balance | $393,610 |
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