Lutheran Diaconal Association Inc
- Assets
- $4.2m
- Revenue
- $878.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Valparaiso, IN
- Founding
- 05/1979
- Data as of
- 06/2022
- EIN
- 35-0976804
Organization Overview
Lutheran Diaconal Association Inc is located in Valparaiso, IN. The organization was established in 1979. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Lutheran Diaconal Association Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lutheran Diaconal Association 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 06/2022, Lutheran Diaconal Association Inc generated $878.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $536.1k during the year ending 06/2022. While expenses have increased by 0.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PREPARE WOMEN AND MEN FOR MINISTRIES OF SERVICE TO THOSE IN NEED, SUPPORT DEACONESSES IN THEIR VARIED MINISTRIES, AND AFFIRM LAY PEOPLE IN THEIR OWN CHRISTIAN SERVICE AND ASSIST THE CHURCH IN ITS DIACONAL MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION FOR UNDERGRADUATE STUDENTS IN ORDER TO PREPARE WOMEN AND MEN FOR MINISTRIES OF SERVICE TO THOSE IN NEED.
EDUCATION FOR GRADUATE AND GRADUATE EDUCATION SERVICES STUDENTS IN ORDER TO SUPPORT MEN AND WOMEN IN THEIR VARIED MINISTRIES
LAITY SERVICES IN ORDER TO ASSIST IN AFFIRMING LAY PEOPLE IN MINISTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Polito Executive Director | Officer | 40 | $102,094 |
Julie Lehmann Secretary | OfficerTrustee | 1 | $0 |
Chuck Denninger Treasurer | OfficerTrustee | 1 | $0 |
Mike Steffen Vice President | OfficerTrustee | 1 | $0 |
Jean Warren President | OfficerTrustee | 1 | $0 |
Maryn Olson Board Member | Trustee | 1 | $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 | $573,023 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $573,023 |
| Total Program Service Revenue | $63,040 |
| Investment income | $64,527 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $176,762 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $878,728 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $27,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $103,295 |
| Compensation of current officers, directors, key employees. | $61,977 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $183,490 |
| Pension plan accruals and contributions | $14,700 |
| Other employee benefits | $29,798 |
| Payroll taxes | $19,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,500 |
| Advertising and promotion | $0 |
| Office expenses | $15,404 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,449 |
| Travel | $9,366 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,835 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,410 |
| Insurance | $12,808 |
| All other expenses | $21,155 |
| Total functional expenses | $536,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,418 |
| Savings and temporary cash investments | $90,450 |
| 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 | $78,499 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,729 |
| Net Land, buildings, and equipment | $174,185 |
| Investments—publicly traded securities | $3,593,611 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,157,892 |
| Accounts payable and accrued expenses | $9,211 |
| Grants payable | $549 |
| 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 | $9,760 |
| Net assets without donor restrictions | $2,622,326 |
| Net assets with donor restrictions | $1,525,806 |
| 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 | $4,157,892 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lutheran Diaconal Association Inc has recieved totaling $111,220.
| Awarding Organization | Amount |
|---|---|
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: General Support | $104,822 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: SCHOLARSHIP | $6,010 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $288 |
Wallace And Irene Bronner Family Charitable Foundation Frankenmuth, MI PURPOSE: GENERAL UNRESTRICTED | $100 |
Endowment Analysis
| Beg. Balance | $3,100,505 |
| Earnings | -$279,081 |
| Admin Expense | $234,089 |
| Net Contributions | $201,275 |
| Ending Balance | $2,788,610 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Church Of The Brethren Benefit Trust Inc Elgin, IL | $509,755,287 | $50,694,165 |
Kanakuk Ministries Branson, MO | $43,790,256 | $23,660,219 |
Relevant Radio Inc Lincolnshire, IL | $100,083,301 | $30,552,688 |
Woodhaven Learning Center Columbia, MO | $17,651,573 | $16,164,282 |
Josiah Venture Nfp Wheaton, IL | $16,890,117 | $13,544,001 |
Alpha Usa Naperville, IL | $4,051,813 | $10,198,645 |
Wesley Village Inc Macomb, IL | $11,643,378 | $8,896,317 |
Doulos Ministries Inc Independence, MO | $17,094,809 | $7,030,778 |
Siebert Lutheran Foundation Inc Milwaukee, WI | $97,193,025 | $11,548,581 |
International House Of Prayer Kansas City, MO | $184,048 | $5,377,714 |
Leadership Resources International Palos Heights, IL | $4,418,909 | $4,858,234 |
Vcy America Inc Milwaukee, WI | $9,863,404 | $4,388,148 |