Liberty Lutheran Foundation is a nonprofit 501(c)(3) organization that that serves as a resource to ensure the security and prosperity of Liberty lutheran's family of services, as well as its residents, members, patients, and clients.

501(c)(3) charity; gifts are tax-deductible.
52¢ of each $1 spent went to programs.
Run by 12 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $3.2M a year · 82% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
52%
of spending
Worth a look: 52% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$104K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
11 mo
of spending, in cash
Looks good: 10.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$52K
0.09% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.9M
+187% vs prior year
Spent
$737K
To programs
52%
Net assets
$58.8M
By yearFY2020–FY2025
Revenue
$9.9M
FY2025▲ +187%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.4M
FY2021$1.5M
FY2022$3.6M
FY2023$2.6M
FY2024$3.4M
FY2025$9.9M
Expenses
$737K
FY2025▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$645K
FY2021$691K
FY2022$736K
FY2023$679K
FY2024$696K
FY2025$737K
Net assets
$58.8M
FY2025▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$38.9M
FY2021$50.7M
FY2022$42.7M
FY2023$47.9M
FY2024$53.5M
FY2025$58.8M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1988.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

52 cents of each dollar spent went to programs.

Program services 52% · $385K Management & general 45% · $330K Fundraising 3% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $104K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director of Advancement
$103,758Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
CFO/SVP Through 10/25
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
See Liberty Lutheran Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports the well-being and success of Liberty Lutheran's services and those they serve.

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Provided by the organization

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1 program · $385K · in their own filed words · FY2024
01

Liberty lutheran foundation is a nonprofit 501(c)(3) organization that serves as a resource to ensure the security and prosperity of liberty lutheran's family of services, as well as its residents, members, patients, and clients.

$385Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$9.9M
Ln 12
Investment incomeLn 3$8.5M
Gifts and grantsLn 1h$1.2M
Fees for servicesLn 2g$175K
Money outPt IX
$737K
Ln 25
Programscol B$385K
Managementcol C$330K
Fundraisingcol D$22K
Owns and owesPt X
$58.8M
net assets · Ln 32
Cash and savingsLn 1–2$659K
Total assetsLn 16$58.9M
LiabilitiesLn 26$52K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Fundraising eventsLn 1c$65K
Fees for servicesLn 2g$175K
Investment incomeLn 3$8.5M
Gains on assetsLn 7$7.4M
Total revenueLn 12$9.9M
Assets in detailPt X, end of year
CashLn 1$324K
SavingsLn 2$335K
Cash and savings togetherLn 1–2$659K
InvestmentsLn 11–13$43.9M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$14.3M
Total assetsLn 16$58.9M
LiabilitiesLn 26$52K
Net assetsLn 32$58.8M
OperationsPt I, VI
EmployeesI 52
VolunteersI 612
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$830K$659K
InvestmentsLn 11–13$38.2M$43.9M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$53.6M$58.9M
LiabilitiesLn 26$45K$52K
Net assetsLn 32$53.5M$58.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$120K$120K
Pension plan contributionsLn 8$3K$3K
Other employee benefitsLn 9$23K$23K
Payroll taxesLn 10$11K$11K
Accounting feesLn 11c$14K$14K
Investment management feesLn 11f$111K$111K
Other fees for servicesLn 11g$205K$205K
Advertising and promotionLn 12$21K$20K$726
Office expensesLn 13$15K$15K
OccupancyLn 16$3K$3K
TravelLn 17$793$793
Conferences, conventions and meetingsLn 19$107$107
Payments to affiliatesLn 21$101K$101K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$110K$88K$21K
Total functional expensesLn 25$737K$385K$330K$22K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $9.9M$737K$9.2M$58.8M 990 PDF
FY2024 $3.4M$696K$2.7M$53.5M 990 PDF
FY2023 $2.6M$679K$1.9M$47.9M 990 PDF
FY2022 $3.6M$736K$2.9M$42.7M 990 PDF
FY2021 $1.5M$691K$806K$50.7M 990 PDF
FY2020 $2.4M$645K$1.8M$38.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $9,887,898 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $308,900$1,197,004
I-9 Program service revenuePrior year $175,000$175,000
I-10 Investment incomePrior year $2,961,590$8,523,464
I-11 Other revenuePrior year −$5,528−$7,570
I-12 Total revenuePrior year $3,439,962$9,887,898
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $181,308$155,979
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $515,138$581,303
I-18 Total expensesPrior year $696,446$737,282
I-19 Revenue less expensesPrior year $2,743,516$9,150,616
Part VI · Governance 7 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $9,887,898 across 8 lines filed
VIII-1c Fundraising events$64,741
VIII-1f All other contributions, gifts and grants$1,132,263
VIII-1h Total contributions, gifts and grants$1,197,004
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $175,000$175,000
VIII-3 Investment incomeExcluded from tax $1,103,642$1,103,642
VIII-7 Net gain or loss on sales of assetsExcluded from tax $7,419,822$7,419,822
VIII-8 Net income from fundraising eventsExcluded from tax −$7,570−$7,570
VIII-12 Total revenueRelated to mission $175,000 · Unrelated business $0 · Excluded from tax $8,515,894$9,887,898
Part IX · Statement of functional expenses $737,282 across 15 lines filed
IX-7 Other salaries and wagesPrograms $119,837$119,837
IX-8 Pension plan contributionsPrograms $2,550$2,550
IX-9 Other employee benefitsPrograms $22,788$22,788
IX-10 Payroll taxesPrograms $10,804$10,804
IX-11c Accounting feesManagement $14,402$14,402
IX-11f Investment management feesManagement $110,507$110,507
IX-11g Other fees for servicesManagement $205,063$205,063
IX-12 Advertising and promotionPrograms $20,484 · Fundraising $726$21,210
IX-13 Office expensesPrograms $15,001$15,001
IX-16 OccupancyPrograms $2,738$2,738
IX-17 TravelPrograms $793$793
IX-19 Conferences, conventions and meetingsPrograms $107$107
IX-21 Payments to affiliatesPrograms $100,776$100,776
IX-23 InsurancePrograms $1,128$1,128
IX-24 Other expenses (24a–d)Programs $88,183 · Fundraising $21,395$109,578
IX-25 Total functional expensesPrograms $385,189 · Management $329,972 · Fundraising $22,121$737,282
Part X · Balance sheet $58,856,500 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $495,736$324,223
X-2 Savings and temporary cash investmentsStart of year $334,414$335,056
X-3 Pledges and grants receivableStart of year $233,570$28,848
X-9 Prepaid expenses and deferred chargesStart of year $20,258$19,610
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $38,199,570$43,897,697
X-15 Other assetsStart of year $14,309,900$14,251,066
X-16 Total assetsStart of year $53,593,448$58,856,500
X-17 Accounts payable and accrued expensesStart of year $44,994$50,325
X-25 Other liabilitiesStart of year $340$1,341
X-26 Total liabilitiesStart of year $45,334$51,666
X-27 Net assets without donor restrictionsStart of year −$1,173,361−$1,372,590
X-28 Net assets with donor restrictionsStart of year $54,721,475$60,177,424
X-32 Total net assets or fund balancesStart of year $53,548,114$58,804,834
X-33 Total liabilities and net assetsStart of year $53,593,448$58,856,500
Part XI · Reconciliation of net assets $58,804,834 net assets at year end
XI-1 Total revenue$9,887,898
XI-2 Total expenses$737,282
XI-3 Revenue less expenses$9,150,616
XI-4 Net assets at start of year$53,548,114
XI-5 Net unrealized gains (losses) on investments−$2,732,831
XI-9 Other changes in net assets−$1,161,065
XI-10 Net assets at end of year$58,804,834

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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