Anabaptist Financial FY2021 filing

Tax-deductible

Lewisburg, PA501(c)(3)Since 2005Public & Societal BenefitEIN 32-0158554Revenue $18.4M in FY2021

On file with the IRSafweb.org55 Whisper Creek Dr, 17837-7771 · Lewisburg, PATax-exempt since Mar 2009Publicly supported — 509(a)(2)

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Anabaptist Financial has been established to advance conservative amish, mennonite, and brethen (Anabaptist) religious beliefs, cultural traditions and lifestyles. Anabaptist Financial was created to generate a source of funds for making (continued)

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$368K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
5 of 5
filings with a surplus
Average surplus $3.8M a year · 11% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$368K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
39 mo
of spending, in cash
Looks good: 39.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $32K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$559.1M
98% of total assets
Concern: liabilities are 98% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 10 voting members
Fine: 5 of 10 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$18.4M
Spent
$16.3M
To programs
93%
Net assets
$14.0M
By yearFY2021–FY2025
Revenue
$18.4M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$18.4M
FY2022$18.5M
FY2023$29.5M
FY2024$47.4M
FY2025$56.4M
Expenses
$16.3M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$16.3M
FY2022$15.3M
FY2023$25.7M
FY2024$43.1M
FY2025$51.0M
Net assets
$14.0M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$14.0M
FY2022$17.3M
FY2023$21.1M
FY2024$25.4M
FY2025$30.8M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2009.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $15.2M Management & general 7% · $1.1M Fundraising 0% · $63K

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

18 people listed on the 990; $368K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Financial Officer
$102,093Pt VII · Sec A
Senior Operations
$84,545Pt VII · Sec A
Executive Officer
$82,372Pt VII · Sec A
Operations Officer
$74,205Pt VII · Sec A
Executive Administrator
$20,869Pt VII · Sec A
Business Resource Officer
$4,233Pt VII · Sec A
$0Pt VII · Sec A
At Large - Part Year
$0Pt VII · Sec A

Paul a Miller’s $151K as Executive Officer is at the 10th percentile of top reported officer pay among 232 $10–100M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Paul a Miller$151,227$139,948$128,596$101,541$82,372
Tim Thomas$149,320$145,215$126,396$107,791$102,093
Jason Peachey$120,153$112,181———
Floyd Miller$117,055$107,600$97,312$85,062$74,205
Jason Newswanger$107,479————
Kendall Martin$104,479————
Tim R Stoltzfus———$17,532$84,545
Dennis Martin$26,065$24,438$22,581$21,571$20,869

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aYes
  • Loans to or from officersSch L · Pt II15 listed

Programs and updates

Supports conservative Anabaptist religious beliefs, traditions, and lifestyles through financial resources.

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Provided by the organization

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2 programs · $15.2M · in their own filed words · FY2020
01

Loan Program

Af makes loans to anabaptist individuals, businesses, and charitable organizations. Loans include business real estate, business operating, and home mortgages. As of its current year end, af had 2,568 outstanding loans in its loan portfolio, totaling loan receivables of $506,043,912 net of a loan loss reserve of $1,661,731.

$14.7Mprogram expense
02

Grants and Assistance Program

Af makes limited grants to other charitable organizations that are exempt under section 501(c)(3) of the internal revenue code. During the current year, af gave support to two organization.

$493Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$32K
Grants paid · 4 grants · $930K · 2020–2022
Stewardship ResourcesPA · FY2022$275,000
Stewardship ResourcesPA · FY2021$162,000
Anabaptist FoundationPA · FY2020$350,694
Stewardship ResourcesPA · FY2020$142,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$18.4M
Ln 12
Fees for servicesLn 2g$17.4M
Investment incomeLn 3$505K
Gifts and grantsLn 1h$351K
Money outPt IX
$16.3M
Ln 25
Programscol B$15.2M
Managementcol C$1.1M
Fundraisingcol D$63K
Owns and owesPt X
$14.0M
net assets · Ln 32
Cash and savingsLn 1–2$53.1M
Total assetsLn 16$573.1M
LiabilitiesLn 26$559.1M
PeoplePt VI, VII
18
listed · VII A
PaidVII A6
Voting boardVI 1a10
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$351K
Fees for servicesLn 2g$17.4M
Investment incomeLn 3$505K
Other incomeLn 4–11$216K
Total revenueLn 12$18.4M
Assets in detailPt X, end of year
CashLn 1$4.9M
SavingsLn 2$48.3M
Cash and savings togetherLn 1–2$53.1M
InvestmentsLn 11–13$10.4M
Land, buildings, equipmentLn 10c$3.4M
Other assetsLn 15$1.8M
Total assetsLn 16$573.1M
LiabilitiesLn 26$559.1M
Net assetsLn 32$14.0M
OperationsPt I, VI
EmployeesI 531
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 FY21End FY21
Cash and savingsLn 1–2$56.4M$53.1M
InvestmentsLn 11–13$10.4M$10.4M
Land, buildings, equipmentLn 10c$3.5M$3.4M
Total assetsLn 16$537.6M$573.1M
LiabilitiesLn 26$525.8M$559.1M
Net assetsLn 32$11.9M$14.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$493K$493K
Pay of current officers, directors and key staffLn 5$369K$141K$227K$379
Pay of disqualified personsLn 6$44K$26K$17K$220
Other salaries and wagesLn 7$944K$566K$373K$4K
Pension plan contributionsLn 8$10K$6K$4K$52
Other employee benefitsLn 9$13K$8K$5K$16
Payroll taxesLn 10$108K$65K$43K$538
Legal feesLn 11b$120K$120K
Accounting feesLn 11c$26K$26K
Other fees for servicesLn 11g$241K$199K$5K$36K
Advertising and promotionLn 12$15K$15K
Office expensesLn 13$181K$107K$68K$6K
Information technologyLn 14$168K$84K$84K$176
OccupancyLn 16$114K$61K$53K
TravelLn 17$26K$13K$13K
Conferences, conventions and meetingsLn 19$6K$6K
InterestLn 20$13.3M$13.3M
Depreciation, depletion and amortizationLn 22$81K$40K$40K
Other expenses (24a–d)Ln 24$58K$58K
Total functional expensesLn 25$16.3M$15.2M$1.1M$63K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $56.4M$51.0M$5.4M$30.8M 990 PDF
FY2024 $47.4M$43.1M$4.4M$25.4M 990 PDF
FY2023 $29.5M$25.7M$3.8M$21.1M 990 PDF
FY2022 $18.5M$15.3M$3.3M$17.3M 990 PDF
FY2021 Viewing $18.4M$16.3M$2.1M$14.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $18,441,060 revenue, 12 lines filed
I-8 Contributions and grants$350,694
I-9 Program service revenuePrior year $19,626,176$17,370,115
I-10 Investment incomePrior year $806,893$504,710
I-11 Other revenuePrior year $194,267$215,541
I-12 Total revenuePrior year $20,627,336$18,441,060
I-13 Grants and similar amounts paidPrior year $142,000$492,694
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,386,757$1,487,603
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $17,009,069$14,318,597
I-18 Total expensesPrior year $18,537,826$16,298,894
I-19 Revenue less expensesPrior year $2,089,510$2,142,166
Part VI · Governance 5 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members5
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $18,441,060 across 6 lines filed
VIII-1f All other contributions, gifts and grants$350,694
VIII-1h Total contributions, gifts and grants$350,694
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $17,370,115$17,370,115
VIII-3 Investment incomeExcluded from tax $504,710$504,710
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $215,541$215,541
VIII-12 Total revenueRelated to mission $17,585,656 · Unrelated business $0 · Excluded from tax $504,710$18,441,060
Part IX · Statement of functional expenses $16,298,894 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $492,694$492,694
IX-5 Pay of current officers, directors and key staffPrograms $141,279 · Management $227,109 · Fundraising $379$368,767
IX-6 Pay of disqualified personsPrograms $26,342 · Management $17,342 · Fundraising $220$43,904
IX-7 Other salaries and wagesPrograms $566,211 · Management $373,224 · Fundraising $4,252$943,687
IX-8 Pension plan contributionsPrograms $6,241 · Management $4,109 · Fundraising $52$10,402
IX-9 Other employee benefitsPrograms $7,903 · Management $5,253 · Fundraising $16$13,172
IX-10 Payroll taxesPrograms $64,603 · Management $42,530 · Fundraising $538$107,671
IX-11b Legal feesManagement $119,916$119,916
IX-11c Accounting feesManagement $26,229$26,229
IX-11g Other fees for servicesPrograms $199,281 · Management $5,123 · Fundraising $36,175$240,579
IX-12 Advertising and promotionFundraising $14,884$14,884
IX-13 Office expensesPrograms $107,058 · Management $67,527 · Fundraising $6,107$180,692
IX-14 Information technologyPrograms $83,798 · Management $83,706 · Fundraising $176$167,680
IX-16 OccupancyPrograms $61,251 · Management $52,796$114,047
IX-17 TravelPrograms $13,129 · Management $13,128$26,257
IX-19 Conferences, conventions and meetingsManagement $6,078$6,078
IX-20 InterestPrograms $13,282,983$13,282,983
IX-22 Depreciation, depletion and amortizationPrograms $40,481 · Management $40,481$80,962
IX-24 Other expenses (24a–d)Programs $58,290$58,290
IX-25 Total functional expensesPrograms $15,151,544 · Management $1,084,551 · Fundraising $62,799$16,298,894
Part X · Balance sheet $573,143,441 assets, 13 lines filed
Asset lines not itemized here account for $504,382,181; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $8,620,046$4,855,674
X-2 Savings and temporary cash investmentsStart of year $47,793,307$48,285,534
X-4 Accounts receivableStart of year $23,678$35,450
X-10c Land, buildings and equipment, netStart of year $3,495,533$3,444,695
X-11 Publicly traded securitiesStart of year $10,358,829$10,363,473
X-15 Other assetsStart of year $1,794,083$1,776,434
X-16 Total assetsStart of year $537,648,729$573,143,441
X-17 Accounts payable and accrued expensesStart of year $68,448$70,813
X-25 Other liabilitiesStart of year $525,703,076$559,053,257
X-26 Total liabilitiesStart of year $525,771,524$559,124,070
X-27 Net assets without donor restrictionsStart of year $11,877,205$14,019,371
X-32 Total net assets or fund balancesStart of year $11,877,205$14,019,371
X-33 Total liabilities and net assetsStart of year $537,648,729$573,143,441
Part XI · Reconciliation of net assets $14,019,371 net assets at year end
XI-1 Total revenue$18,441,060
XI-2 Total expenses$16,298,894
XI-3 Revenue less expenses$2,142,166
XI-4 Net assets at start of year$11,877,205
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$14,019,371

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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