Overview
What is St Paul Evangelical Lutheran Foundation Inc?
St. Paul Evangelical Lutheran Foundation Inc, established in 2003, is a non-profit organization affiliated with St. Paul Evangelical Lutheran Church and School, located in Fort Dodge, Iowa. The foundation's primary purpose is to receive charitable donations aimed at enhancing the church's financial stability. By collecting and distributing these funds, the foundation supports and benefits the church. As a non-profit corporation, its operations are exclusively dedicated to the well-being of St. Paul Evangelical Lutheran Church and School.
Official website here: www.stpaulfd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
St Paul Evangelical Lutheran Foundation Inc has achieved a Three-Star rating based on a score of 76%. This score reflects a solid performance in accountability and finance, with 100% of the score derived from this category. Key strengths include a fully independent board, absence of material diversion of assets, and a high program expense ratio of 93.17%, indicating that the majority of funds are directed toward its mission.
Despite these strengths, the organization has received deductions for missing policies such as conflict of interest, whistleblower, and document retention and destruction. These omissions suggest areas where the foundation could improve its governance practices for better transparency and accountability. Overall, while the rating indicates a commendable level of financial responsibility, addressing these policy gaps could enhance its credibility further.
This AI summary has been generated from information found on Charity Navigator.
Is St Paul Evangelical Lutheran Foundation Inc legitimate?
St Paul Evangelical Lutheran Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Paul Evangelical Lutheran Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.stpaulfd.org
What is the mission statement of St Paul Evangelical Lutheran Foundation Inc?
The St. Paul Evangelical Lutheran Foundation Inc., established in 2003, serves as a non-profit entity affiliated with St. Paul Evangelical Lutheran Church and School. Its primary purpose is to receive charitable contributions with the aim of enhancing the financial stability of the congregation. Operating solely for the benefit of the church and school, the foundation distributes these funds to support and improve the financial well-being of St. Paul Evangelical Lutheran Church. The foundation's activities primarily revolve around managing and utilizing donations to strengthen the church financially, thereby benefiting the church community as a whole.
Official website here: www.stpaulfd.org
Who is the CEO of St Paul Evangelical Lutheran Foundation Inc?
Doug Brightman is the President of St Paul Evangelical Lutheran Foundation Inc.
Official website here: www.stpaulfd.org
What is the revenue of St Paul Evangelical Lutheran Foundation Inc?
St Paul Evangelical Lutheran Foundation Inc's revenue in 2022 was $53,523.
Official website here: www.stpaulfd.org
Who are the executives of St Paul Evangelical Lutheran Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.stpaulfd.org
Where can I find the form 990 for St Paul Evangelical Lutheran Foundation Inc?
St Paul Evangelical Lutheran Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stpaulfd.org
Learn more at the official website: www.stpaulfd.org
Mission Statement of St Paul Evangelical Lutheran Foundation Inc
St. Paul Evangelical Lutheran Foundation Inc was established in 2003 with a mission to receive charitable donations aimed at enhancing the financial stability of St. Paul Evangelical Lutheran Church and School. Operating as a non-profit corporation, the foundation is solely dedicated to benefiting this religious institution. The foundation's primary objective is to collect and distribute these funds, thereby improving the financial health of the church. By doing so, the St. Paul Evangelical Lutheran Foundation Inc contributes to the overall well-being and growth of the church community.
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Impact
October, 2024
St. Paul Evangelical Lutheran Foundation Inc has significantly strengthened the financial foundation of St. Paul Evangelical Lutheran Church and School since its establishment in 2003. By receiving and managing charitable gifts, the foundation ensures that the congregation has the necessary resources to thrive and expand its outreach and educational initiatives. This financial support directly contributes to a richer spiritual and community life, enabling the church to provide a range of services, programs, and facilities that benefit congregants and the surrounding community.
Furthermore, the foundation plays a vital role in sustaining the long-term goals of the church and school, fostering an environment where religious teachings and community engagement can flourish. Through its focused mission to enhance the financial health of the congregation, it creates a stable platform for growth, innovation, and support, cultivating a vibrant community of faith. Overall, the foundation’s impact resonates not only in immediate financial assistance but also in the lasting relationships and opportunities it fosters within the community in Fort Dodge, IA.
This information is meant to be a general summary of St Paul Evangelical Lutheran Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $27,710
- Gross Receipts: $53,523
Assets and Liabilities:
- Total Assets: $715,300
- Total Liabilities: $0
- Net Assets: $715,300
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Organization Details
Founding Year
2003
Phone
(515) 955-7285Principal Officer
Doug Brightman
Main Address
400 S 13TH ST, FORT DODGE, IA, 50501
Website
www.stpaulfd.orgNTEE Category
Code: X20 - Religion related
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