Faith Lutheran Home Foundation Inc
- Assets
- $240.4k
- Revenue
- $24.5k
- Investments
- $236.7k
- Employees
- 0
- Location
- Wolf Point, MT
- Founding
- 08/1996
- Data as of
- 12/2021
- EIN
- 81-0483586
Organization Overview
Faith Lutheran Home Foundation Inc is located in Wolf Point, MT. The organization was established in 1996. 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. Faith Lutheran Home Foundation 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 12/2021, Faith Lutheran Home Foundation Inc generated $24.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 56.4% each year . All expenses for the organization totaled $12.0k during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTHEAST MONTANA HEALTH SERVICES (FAITH LUTHERAN HOME) WOLF POINT, MONTANA 59201
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlin Reddig President | 0 | $0 | |
Geri Bach Secretary | 0 | $0 | |
Jerald J Petersen Treasurer | 0 | $0 | |
Beverly Evans Director | 0 | $0 | |
Jan Bryan Vice President | 0 | $0 | |
Joan Peters Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,910 |
| Interest on Savings | $1 |
| Dividends & Interest | $5,279 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,302 |
| Capital Gain Net Income | $15,302 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,492 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $366 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $571 |
| Total operating and administrative expenses | $937 |
| Contributions, gifts, grants paid | $11,086 |
| Total expenses and disbursements | $12,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,688 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $240,375 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Faith Lutheran Home Foundation Inc has awarded $11,086 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHEAST MONTANA MEDICAL SERVICES - FAITH LUTHRAN HOME PURPOSE: ASSIST NURSING HOME IN PROVIDING ASSETS FOR THE CARE OF PATIENTS | $10,500 |
NORTHEAST MONTANA MEDICAL SERVICES - FAITH LUTHRAN HOME PURPOSE: ASSIST NURSING HOME IN PROVIDING ASSETS FOR THE CARE OF PATIENTS | $586 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vision Beyond Borders Inc Casper, WY | $1,888,675 | $2,473,457 |
Potters Field Ranch Inc Whitefish, MT | $1,025,013 | $903,929 |
Kingdom Capital Fund Sioux Falls, SD | $2,710,930 | $1,855,135 |
Idaho Episcopal Foundation Inc Boise, ID | $5,817,786 | $212,626 |
Liberty Quartet Inc Meridian, ID | $300,379 | $477,341 |
Northern Canada Evangelical Mission Inc Boise, ID | $20,592 | $443,078 |
First Lutheran Church Foundation Sioux Falls, SD | $15,654,258 | $1,206,664 |
Harvest Church Idaho Inc Pocatello, ID | $609,317 | $465,645 |
Ywam Mission Builders Lakeside, MT | $1,434,901 | $464,520 |
First Lutheran Church Foundation Fargo, ND | $5,379,319 | $399,243 |
Bowman Lutheran Church Bowman, ND | $6,488,602 | $456,553 |
Camp Bethel Inc Shell, WY | $2,274,978 | $426,336 |