Foundation Of The Great Lakes Conference Churches Of God General
- Assets
- $9.0m
- Revenue
- $589.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Findlay, OH
- Founding
- 02/1999
- Data as of
- 12/2022
- EIN
- 31-1610743
Organization Overview
Foundation Of The Great Lakes Conference Churches Of God General is located in Findlay, OH. The organization was established in 1999. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Foundation Of The Great Lakes Conference Churches Of God General employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of The Great Lakes Conference Churches Of God General 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, Foundation Of The Great Lakes Conference Churches Of God General generated $589.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $409.7k during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 7 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.
Since 2020, Foundation Of The Great Lakes Conference Churches Of God General has awarded 23 individual grants totaling $985,169. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDS FOR THE VARIOUS RELIGIOUS PURPOSES OF THE GREAT LAKES CONFERENCE, CHURCHES OF GOD, GENERAL CONFERENCE AND ANY AFFILIATES OR CONTROLLED ORGANIZATION AND ENTITIES RELATED TO GREAT LAKES CONFERENCE, CHURCHES OF GOD, GENERAL CONFERENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO GREAT LAKES CONFERENCE CHURCHES OF GOD, CHURCHES OF GOD, GENERAL CONFERENCE FOR THE PURPOSE OF PURCHASING LAND AND ACCOMPANYING BUILDINGS FOR THEIR CHURCH CAMP.
GRANT TO WONDER MINISTRIES FOR THE PURPOSE OF INSTALLING A MODULAR CLASSROOM.
GRANT TO GREAT LAKES CONFERENCE, CHURCHES OF GOD, GENERAL CONFERENCE FOR THE PURPOSES OF FUNDING PERSONS IN LEADERSHIP FELLOWSHIP INITIATIVE.
SUM OF ADDITIONAL GRANTS ISSUED IN 2022. SEE SCHEDULE O FOR FULL LISTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Reist President | Officer | 20 | $32,551 |
Robert Stephenson Financial Controller | Officer | 5.54 | $9,230 |
Sean Martin Board Director - Secretary | OfficerTrustee | 0.5 | $0 |
Craig Flack Board Director - Chairperson | OfficerTrustee | 0.5 | $0 |
Dan Kennard Board Director - Treasurer | OfficerTrustee | 0.5 | $0 |
Mark Walls Board Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $934 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $169,755 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,689 |
| Total Program Service Revenue | $0 |
| Investment income | $150,766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $268,211 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $589,671 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $344,455 |
| 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. | $41,781 |
| Compensation of current officers, directors, key employees. | $36,898 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $125 |
| Payroll taxes | $706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,736 |
| Information technology | $5,470 |
| Royalties | $0 |
| Occupancy | $6,233 |
| Travel | $1,278 |
| 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 | $209 |
| Insurance | $1,843 |
| All other expenses | $570 |
| Total functional expenses | $409,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $196,721 |
| 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 | $69 |
| Net Land, buildings, and equipment | $1,235 |
| Investments—publicly traded securities | $8,776,103 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,170 |
| Total assets | $8,990,298 |
| Accounts payable and accrued expenses | $1,089 |
| Grants payable | $326,765 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,008,941 |
| 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 | $9,685 |
| Total liabilities | $1,346,480 |
| Net assets without donor restrictions | $7,401,166 |
| Net assets with donor restrictions | $242,652 |
| 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 | $8,990,298 |
Grants Awarded
Over the last fiscal year, Foundation Of The Great Lakes Conference Churches Of God General has awarded $326,556 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Findlay, OH | | $201,332 |
Holland, OH | | $75,000 |
RIDGEWAY FIRST CHURCH OF GOD | | | $36,400 |
CONNECTIONS CHURCH | | | $8,500 |
WHARTON FIRST CHURCH OF GOD | | | $5,324 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation Of The Great Lakes Conference Churches Of God General has recieved totaling $32,000.
| Awarding Organization | Amount |
|---|---|
The Findlay-Hancock County Community Foundation Findlay, OH PURPOSE: SUPPORT | $32,000 |
Endowment Analysis
| Beg. Balance | $9,059,803 |
| Earnings | -$1,186,838 |
| Admin Expense | $59,518 |
| Net Contributions | $170,689 |
| Other Expense | $5,733 |
| Grants | $334,585 |
| Ending Balance | $7,643,818 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation Of The Catholic Diocese Of Columbus Columbus, OH | $225,801,350 | $24,775,130 |
Sisters Of Charity Of St Augustine Health System Inc Cleveland, OH | $57,997,267 | $6,211,280 |
The Catholic Foundation Of Greater Philadelphia Philadelphia, PA | $44,939,432 | $23,307,616 |
Grace Brethren Investment Foundation Inc Winona Lake, IN | $110,003,022 | $4,308,354 |
Ancient Faith Ministries Chesterton, IN | $2,111,722 | $3,110,597 |
Scph Legacy Corporation Cleveland, OH | $6,198,398 | $162,734 |
American Baptist Foundation East Norriton, PA | $193,005,859 | $25,268,594 |
Aloysius J & Eugene F Franz Foundation For The Congregation Of Philadelphia, PA | $37,003,968 | $4,802,225 |
The Jewish Vocational Service Foundation Inc Cincinnati, OH | $10,732,205 | $3,438,793 |
Ec Edwards Trust Fbo Leipsic Methodist 20 102110469460 Brooklyn, OH | $5,821,661 | $643,396 |
Eastern Star Jewel Human Services Corporation Indianapolis, IN | $15,251,442 | $10,957,782 |
John H Williams Uia Fbo Churches Grand Rapids, MI | $0 | $223,371 |