First Lutheran Church Charitable Tr is located in Britt, IA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Lutheran Church Charitable Tr 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, First Lutheran Church Charitable Tr generated $7.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (61.8%) each year. All expenses for the organization totaled $7.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Bruns President | 0 | $0 | |
Jay Hiscocks Trustee | 0 | $0 | |
Amy Larson Trustee | 0 | $0 | |
Marcus Bruns Treasurer | 0 | $0 | |
Joann Burgardt Trustee | 0 | $0 | |
Marcia Olsen Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,146 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,146 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $530 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $500 |
| Total expenses | $7,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,394 |
| Other assets | $0 |
| Total assets | $373,254 |
| Total liabilities | $6,096 |
| Net assets or fund balances | $367,158 |