Shepherd's Spring INC EIN 26-3959757 Form 990 (PDF) Claim this org

Shepherd's Spring INC FY2020 filing

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Shepherd's Spring INC is a religious organization based in Sharpsburg, MD. For fiscal year 2020 it reported $458K in revenue, $549K in expenses, and $1.4M in net assets.Pt I

Type
Religious organization · Religion
Location
Sharpsburg, MD
Website
www.shepherdsspring.org
Filings
5 on file (2020–2020)
Revenue
$458KFY2020
Expenses
$549K
Net assets
$1.4M
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-3959757 Religious organization Sharpsburg, MD
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
a religious organization
Leadership
Money in and out
$458K revenue, $549K expenses
Bottom line
77% program efficiency
Where the money goes · FY2020
Total revenue
$458K
Pt VIII · Ln 12
Total expenses
$549K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$90K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.22 Fundraising $0.01
Program efficiency
77%
of spending reaches programs
Operating runway
4.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-20%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$458K
FY2020
Expenses
$549K
FY2020
Total assets
$1.7M
FY2020
Total liabilities
$300K
FY2020
Total revenue
$458K
Pt VIII · Ln 12
Total expenses
$549K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$90K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CShepherd's Spring INC
EINHdr · item D26-3959757
Principal addressHdr · item CSharpsburg, MD
WebsiteHdr · item Jwww.shepherdsspring.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFMar 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $424K of program spending, described in the organization's own filed words · FY2020.
01

The organization offers a gathering space for groups of all shapes and sizes. Whether it's a business group for a day retreat with teambuilding and a delicious meal, a group of quilters back for another year of late night stitching, a hundred boy scouts exploring our trails and meadows at a weekend camporee, or an individual seeking…

$296Kprogram expense
02

The Summer Camp Program Offers Participants Aged 6

Adult an opportunity to develop a spiritual connection through bible study, swimming, hiking, garden and nature discoveries, games, and meals. Our camps are accredited by the american camp association. During 2020, we had 0 participants due to governnment mandated shutdown.

$83Kprogram expense
03

Heifer global village is one of only two educational villages of its kind in the united states and the only one east of the mississippi. Global village works in partnership with heifer international, an american development organization started by members of the church of the brethren, whose mission is to eradicate hunger and poverty…

$44Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$265K · 58%
Contributions & grants$124K · 27%
Program service revenue$60K · 13%
Investment income$10K · 2%
Other revenue58%$265K
Contributions & grants27%$124K
Program service revenue13%$60K
Investment income2%$10K
— government grantsLn 1e$37K
Total revenueLn 12$458K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.22 Fundraising $0.01
Program services77%$424K
Management & general22%$120K
Fundraising1%$5K
Total functional expensesLn 25$549K

Balance Sheet

Part X · end of year
CashLn 1$39K
Total assetsLn 16$1.7M
Total liabilitiesLn 26$300K
Total net assetsLn 32$1.4M
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $223K · Operating expenses/yr $549K
4.9 months
Where the money goes
Program services
Program services $424K · Total expenses $549K
77%
Management & General
Management & general $120K · Total expenses $549K
22%
Fundraising
Fundraising $5K · Total expenses $549K
1.0%
Cost to raise $1
Fundraising expense $5K · Solicited contributions $86K
$0.06 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $124K · Total revenue $458K
27%
Government reliance
Government grants $37K · Total revenue $458K
8%
Earned-income share
Program service revenue $60K · Total revenue $458K
13%
Investment reliance
Investment income $10K · Total revenue $458K
+2%
Program self-sufficiency
Program service revenue $60K · Total expenses $549K
11%
Growth & trend
Revenue growth (YoY)
This year $458K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $458K · Expenses $549K
-20%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
Net-asset ratio
Net assets $1.4M · Total assets $1.7M
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $184K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
11%
People & payroll
Highest Reported Total Compensation
Individual Christopher Stockslager · Reported title CHAIR · Highest reported compensation $0 · Total expenses $549K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $344K · Total expenses $549K
63%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 22%
Fundraising cost ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$569K revenue · ⤓ 990 PDF
FY2023$636K revenue · ⤓ 990 PDF
FY2022$591K revenue · ⤓ 990 PDF
FY2021$518K revenue · ⤓ 990 PDF
FY2020$458K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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