Trinity Roselle Foundation FY2022 filing

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Trinity Roselle Foundation is a supporting organization (501(c)(3)) dedicated to support Trinity Lutheran Church and School's mission to Gather, Grow, and Send everyday missionaries out into our community. We seek to expand the Lord's work among His people, both in Roselle, Illinois and beyond. Individuals are encouraged by the Foundation to share their blessings from God to extend our ability to spread the Gospel message and to bless others.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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 $142K a year · 46% 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
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
7 mo
of spending, in cash
Plus $2.1M in investments, Pt X · Ln 11–13
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $20K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$12K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 12 voting members
Looks good: 9 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$344K
+60% vs prior year
Spent
$126K
To programs
85%
Net assets
$2.2M
By yearFY2021–FY2025
Revenue
$344K
FY2022▲ +60%
Tap a bar for its year
Revenue by fiscal year
FY2021$215K
FY2022$344K
FY2023$277K
FY2024$289K
FY2025$433K
Expenses
$126K
FY2022▼ -28%
Tap a bar for its year
Expenses by fiscal year
FY2021$174K
FY2022$126K
FY2023$202K
FY2024$167K
FY2025$178K
Net assets
$2.2M
FY2022▼ -8%
Tap a bar for its year
Net assets by fiscal year
FY2021$2.4M
FY2022$2.2M
FY2023$2.3M
FY2024$2.6M
FY2025$3.0M

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2011-11-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Dec 2014.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $108K Management & general 11% · $13K Fundraising 4% · $5K

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

13 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President and Director
$0Pt VII · Sec A
Treasurer and Director
$0Pt VII · Sec A
Former President and Director
$0Pt VII · Sec A
Vice Chairperson and Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairperson and Director
$0Pt VII · Sec A
Secretary and Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Trinity Roselle Foundation executive salaries →

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 ministry and expands the Lord's work through charitable giving.

Questions for Trinity Roselle Foundation

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Your first name shows with your question. Trinity Roselle Foundation answers here, for everyone.

3 programs · $80K · in their own filed words · FY2021
01

School Endowment Fund -Contributions and earnings generated from investments within this fund are used to partner with Trinity Lutheran School providing assistance to school families wishing to send their children to the school but lack the financial means to afford full tuition.

$38Kprogram expense
02

T-Fund

Contributions and earnings generated within this fund are used to provide tuition assistance to school families that are also members of Trinity Lutheran Church. The fund was established by a church member as a way to show his gratitude to the church/school for providing assistance to his family when his children were attending Trinity…

$25Kprogram expense
03

School Tuition Fund

Contributions and earnings generated from investments within this fund are used to provide financial support to all Trinity Lutheran School families. Following the spending policy in place, a Board-determined amount is made available on an annual basis to registered school families during the registration process.

$17Kprogram 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 2 funders$20K
Grants paid · 22 grants · $727K · 2020–2024
Trinity Lutheran SchoolIL · FY2024$57,398
Trinity Lutheran SchoolIL · FY2024$40,000
Trinity Lutheran SchoolIL · FY2024$27,000
Trinity Lutheran SchoolIL · FY2024$13,500
Trinity Lutheran SchoolIL · FY2023$67,179
Trinity Lutheran SchoolIL · FY2023$42,000
Trinity Lutheran SchoolIL · FY2023$19,355
Trinity Lutheran SchoolIL · FY2023$17,400
Trinity Lutheran SchoolIL · FY2022$109,518
Trinity Lutheran SchoolIL · FY2022$42,000
Trinity Lutheran SchoolIL · FY2022$22,133
Trinity Lutheran SchoolIL · FY2021$37,565
Trinity Lutheran SchoolIL · FY2021$24,702
Trinity Lutheran SchoolIL · FY2021$16,425
Trinity Lutheran SchoolIL · FY2021$14,200
Phil's Friends NfpIN · FY2021$10,000
Trinity Lutheran SchoolIL · FY2020$70,482
See all 22 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$344K
Ln 12
Investment incomeLn 3$206K
Gifts and grantsLn 1h$136K
Other incomeLn 4–11$2K
Money outPt IX
$126K
Ln 25
Programscol B$108K
Managementcol C$13K
Fundraisingcol D$5K
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$78K
Total assetsLn 16$2.2M
LiabilitiesLn 26$12K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$136K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$206K
Other incomeLn 4–11$2K
Gains on assetsLn 7$10K
Total revenueLn 12$344K
Assets in detailPt X, end of year
CashLn 1$78K
Cash and savings togetherLn 1–2$78K
Notes and loans receivableLn 7$4K
InvestmentsLn 11–13$2.1M
Other assetsLn 15$36K
Total assetsLn 16$2.2M
LiabilitiesLn 26$12K
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
EndowmentSch D · Pt V
LineFY22FY21FY20FY19FY18
End of yearLn 1g$1.9M$2.0M$1.7M$1.6M$1.5M
Given inLn 1b$132K$55K$120K$8K$27K
SpentLn 1d–1f$108K$170K$59K$51K$63K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$57K$78K
InvestmentsLn 11–13$2.3M$2.1M
Total assetsLn 16$2.4M$2.2M
LiabilitiesLn 26$6K$12K
Net assetsLn 32$2.4M$2.2M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$103K$103K
Grants to domestic individualsLn 2$1K$1K
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$1K$1K$0
Accounting feesLn 11c$12K$0$12K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$5K$5K
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$2K$2K$0$0
Office expensesLn 13$637$637$0$0
Information technologyLn 14$1K$1K$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$0$0$0$0
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$126K$108K$13K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 13, 2026 $433K$178K$255K$3.0M 990 PDF
FY2024Filed with the IRS May 12, 2025 $289K$167K$122K$2.6M 990 PDF
FY2023Filed with the IRS May 13, 2024 $277K$202K$75K$2.3M 990 PDF
FY2022 ViewingFiled with the IRS May 11, 2023 $344K$126K$218K$2.2M 990 PDF
FY2021Filed with the IRS May 11, 2022 $215K$174K$41K$2.4M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $343,837 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $44,208$136,351
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $162,409$205,701
I-11 Other revenuePrior year $8,210$1,785
I-12 Total revenuePrior year $214,827$343,837
I-13 Grants and similar amounts paidPrior year $159,735$103,892
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $5,000$5,000
I-17 Other expensesPrior year $9,583$17,010
I-18 Total expensesPrior year $174,318$125,902
I-19 Revenue less expensesPrior year $40,509$217,935
Part VI · Governance 9 of 12 board members independent, 3 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
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
Part VIII · Statement of revenue $343,837 across 15 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$136,351
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$136,351
VIII-3 Investment incomeRelated to mission $196,003 · Unrelated business $0 · Excluded from tax $0$196,003
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $9,698 · Unrelated business $0 · Excluded from tax $0$9,698
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,785 · Unrelated business $0 · Excluded from tax $0$1,785
VIII-12 Total revenueRelated to mission $207,486 · Unrelated business $0 · Excluded from tax $0$343,837
Part IX · Statement of functional expenses $125,902 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $102,892$102,892
IX-2 Grants to domestic individualsPrograms $1,000$1,000
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesManagement $1,300 · Fundraising $0$1,300
IX-11c Accounting feesPrograms $0 · Management $12,000 · Fundraising $0$12,000
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $5,000$5,000
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $1,793 · Management $0 · Fundraising $0$1,793
IX-13 Office expensesPrograms $637 · Management $0 · Fundraising $0$637
IX-14 Information technologyPrograms $1,280 · Management $0 · Fundraising $0$1,280
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$0
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $107,602 · Management $13,300 · Fundraising $5,000$125,902
Part X · Balance sheet $2,232,702 assets, 28 lines filed
X-1 Cash, non-interest-bearingStart of year $57,362$78,126
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $192$0
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $28,419$3,998
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $2,298,172$2,114,811
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $33,982$35,767
X-16 Total assetsStart of year $2,418,127$2,232,702
X-17 Accounts payable and accrued expensesStart of year $6,500$12,300
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $6,500$12,300
X-27 Net assets without donor restrictionsStart of year $2,224,898$1,998,611
X-28 Net assets with donor restrictionsStart of year $186,729$221,791
X-32 Total net assets or fund balancesStart of year $2,411,627$2,220,402
X-33 Total liabilities and net assetsStart of year $2,418,127$2,232,702
Part XI · Reconciliation of net assets $2,220,402 net assets at year end
XI-1 Total revenue$343,837
XI-2 Total expenses$125,902
XI-3 Revenue less expenses$217,935
XI-4 Net assets at start of year$2,411,627
XI-5 Net unrealized gains (losses) on investments−$409,160
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,220,402

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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