Lutheran Education Association
- Assets
- $154.8k
- Revenue
- $440.6k
- Investments
- $0.0
- Employees
- 5
- Location
- River Forest, IL
- Founding
- 12/1989
- Data as of
- 06/2021
- EIN
- 36-2496650
Organization Overview
Lutheran Education Association is located in River Forest, IL. The organization was established in 1989. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Lutheran Education Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lutheran Education Association 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, Lutheran Education Association generated $440.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $513.1k during the year ending 06/2021. 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
LUTHERAN EDUCATION ASSOCIATION LINKS, EQUIPS, AND AFFIRMS EDUCATORS AND WORKERS IN MINISTRY FOR THE PURPOSE OF BUILDING UP THE BODY OF CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES: EXPENSES OF LEA OFFICE AND NETWORK OPERATIONS FOR THESUPPORT OF MEMBERS, AND FOR CONFERENCES, ACADEMIES, AND THECONVOCATION.
ADVOCACY: ACTIVITIES AND EXPENSES FOR ADVOCACY ON ISSUES OF IMPORTANCETO LUTHERAN EDUCATION AND EDUCATORS.
LIASON: ACTIVITIES AND EXPENSES FOR DEVELOPING AND MAINTAININGRELATIONSHIPS WITH THE LUTHERAN CHURCH AND RELATED ORGANIZATIONS ANDTHE BROADER EDUCATIONAL COMMUNITY.
MEMBER SERVICES: EXPENSES OF LEA OFFICE AND NETWORK OPERATIONS FOR THESUPPORT OF MEMBERS, AND FOR CONFERENCES, ACADEMIES, AND THECONVOCATION.
ADVOCACY: ACTIVITIES AND EXPENSES FOR ADVOCACY ON ISSUES OF IMPORTANCETO LUTHERAN EDUCATION AND EDUCATORS.
LIASON: ACTIVITIES AND EXPENSES FOR DEVELOPING AND MAINTAININGRELATIONSHIPS WITH THE LUTHERAN CHURCH AND RELATED ORGANIZATIONS ANDTHE BROADER EDUCATIONAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan C Laabs Executive Director | OfficerTrustee | 50 | $93,982 |
Drew Gerdes Vice Chair | OfficerTrustee | 2 | $0 |
Bob Ziegler Chairman | OfficerTrustee | 2 | $0 |
Christy Wood Secretary | OfficerTrustee | 2 | $0 |
Gretchen Jameson Board Member | Trustee | 1 | $0 |
Angie Schiller Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $162,807 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,516 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $260,023 |
| Total Program Service Revenue | $168,450 |
| Investment income | $20 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $440,648 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $93,982 |
| Compensation of current officers, directors, key employees. | $22,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,655 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $78,296 |
| Payroll taxes | $3,516 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,518 |
| Advertising and promotion | $0 |
| Office expenses | $23,760 |
| Information technology | $28,700 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $66,055 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,043 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,074 |
| Insurance | $5,700 |
| All other expenses | $0 |
| Total functional expenses | $513,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,686 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,093 |
| 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 | $33,498 |
| Net Land, buildings, and equipment | $13,146 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,425 |
| Total assets | $154,848 |
| Accounts payable and accrued expenses | $87,477 |
| Grants payable | $0 |
| Deferred revenue | $142,997 |
| 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 | $74,300 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $304,774 |
| Net assets without donor restrictions | -$220,637 |
| Net assets with donor restrictions | $70,711 |
| 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 | $154,848 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lutheran Education Association has recieved totaling $88,126.
| Awarding Organization | Amount |
|---|---|
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: general support | $88,126 |
Endowment Analysis
| Beg. Balance | $52,070 |
| Ending Balance | $52,070 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Distinctive Schools Of Illinois Chicago, IL | $2,734,668 | $38,553,382 |
Goodwill Education Initiatives Inc Indianapolis, IN | $18,896,307 | $35,463,634 |
Mc Preparatory School Of Wisconsin Inc Milwaukee, WI | $32,218,906 | $24,578,371 |
Catalyst Schools Chicago, IL | $23,990,346 | $24,109,090 |
Bernard Zell Anshe Emet Day School Chicago, IL | $69,026,609 | $20,320,544 |
Heritage Christian Schools Inc Indianapolis, IN | $19,759,630 | $19,173,955 |
Academy Of Basic Education Inc Brookfield, WI | $40,498,539 | $16,384,035 |
Summit Christian Academy Lees Summit, MO | $26,556,183 | $15,642,141 |
Orchard School Foundation Inc Indianapolis, IN | $60,553,415 | $15,394,463 |
Oaks Academy Inc Indianapolis, IN | $7,476,421 | $17,454,996 |
Near North Montessori School Chicago, IL | $38,573,944 | $16,517,378 |
Madison Country Day School Inc Waunakee, WI | $14,581,268 | $10,698,482 |