Foundation Of St Johns United Methodist Church Of Davenport Iowa
- Assets
- $1.6m
- Revenue
- $149.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Davenport, IA
- Founding
- 05/1993
- Data as of
- 12/2021
- EIN
- 42-1388957
Organization Overview
Foundation Of St Johns United Methodist Church Of Davenport Iowa is located in Davenport, IA. The organization was established in 1993. 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. Foundation Of St Johns United Methodist Church Of Davenport Iowa 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, Foundation Of St Johns United Methodist Church Of Davenport Iowa generated $149.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $54.2k during the year ending 12/2021. While expenses have increased by 10.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION ACCEPTS FUNDS OR OTHER PROPERTY PRIMARILY FOR THE BENEFIT OF ST. JOHN'S UNITED METHODIST CHURCH OF DAVENPORT IOWA "CHURCH" AND ITS MISSION. THE PRINCIPAL AMOUNT OF GIFTS SHALL BE INVESTED AND ONLY THE INCOME INTEREST,AND DIVIDEND SHALL BE EXPENDED FOR THE NEEDS OF THE CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGAN REPAIR TECHNOLOGY UPDATES AC UNIT CABINETS SOUND SYSTEMS AIR FILTRATION SYSTEM AND MISCELLANEOUS
ROOF REPLACEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Mccreedy Vice President Director | OfficerTrustee | 1 | $0 |
Jamie Krueger Secretary Director | OfficerTrustee | 1 | $0 |
Molly Giese President Director | OfficerTrustee | 2 | $0 |
Stanley Goodyear Treasurer | Officer | 2 | $0 |
Vacant Director | Trustee | 0 | $0 |
Dan Carroll Director | 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 | $12,840 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,840 |
| Total Program Service Revenue | $0 |
| Investment income | $94,353 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,197 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $149,390 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $41,680 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,893 |
| Fees for services: Other | $667 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $54,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $166,533 |
| 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 | $1,411,611 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,488 |
| Total assets | $1,586,632 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $6,345 |
| 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 | $6,345 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,580,287 |
| 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 | $1,586,632 |
Grants Awarded
Over the last fiscal year, Foundation Of St Johns United Methodist Church Of Davenport Iowa has awarded $41,680 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOHN S UNITED METHODIST CHURCH PURPOSE: Repairs and updates | $21,132 |
ST JOHN S UNITED METHODIST CHURCH PURPOSE: Benefit of St. John's United Methodist Church and its mission. | $20,548 |
Endowment Analysis
| Beg. Balance | $1,485,137 |
| Earnings | $136,550 |
| Net Contributions | $12,840 |
| Other Expense | $12,560 |
| Grants | $41,680 |
| Ending Balance | $1,580,287 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Good Shepherd Lutheran Community Blair, NE | $4,394,791 | $5,136,170 |
International Messengers Clear Lake, IA | $5,781,763 | $6,946,691 |
International House Of Prayer Kansas City, MO | $184,048 | $5,377,714 |
American Lutheran Church Elk Horn, IA | $6,340,352 | $5,973,020 |
Training Leaders International Minneapolis, MN | $2,737,195 | $5,107,369 |
Leadership Resources International Palos Heights, IL | $4,418,909 | $4,858,234 |
Vcy America Inc Milwaukee, WI | $9,863,404 | $4,388,148 |
Thrivent Financial for Lutherans Foundation Minneapolis, MN | $0 | $8,333,726 |