Tri-County Chapter Christian Life Resources

Tax-deductible

Watertown, WI501(c)(3)EIN 39-1510965Revenue $865K in FY2024

On file with the IRS2 E Main St, 53094-3746 · Watertown, WITax-exempt since Dec 1981Publicly supported charity — 170(b)(1)(A)(vi)

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Provide support and counselling in a Christian atmosphere to people having financial and/or emotional problems.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 25 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $154K a year · 25% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$44K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $32
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$802K
54% of total assets
Fine: liabilities are 54% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$865K
+35% vs prior year
Spent
$583K
To programs
100%
Net assets
$696K
By yearFY2020–FY2024
Revenue
$865K
FY2024▲ +35%
Tap a bar for its year
Revenue by fiscal year
FY2020$64K
FY2021$268K
FY2022$654K
FY2023$643K
FY2024$865K
Expenses
$583K
FY2024▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$199K
FY2022$466K
FY2023$565K
FY2024$583K
Net assets
$696K
FY2024▲ +68%
Tap a bar for its year
Net assets by fiscal year
FY2020$9K
FY2021$129K
FY2022$337K
FY2023$414K
FY2024$696K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1981.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $583K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $44K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director
$44,167Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Tri-County Chapter Christian Life Resources 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

Offers Christian support and counseling for financial and emotional challenges.

Questions for Tri-County Chapter Christian Life Resources

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Provided by the organization

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1 program · $583K · in their own filed words · FY2024
01

Provide support and conselling to people having financial AND/OR emotional problems. This is all financed from donations, rent, and thrift store operations.

$583Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$32

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$865K
Ln 12
Fees for servicesLn 2g$668K
Investment incomeLn 3$110K
Gifts and grantsLn 1h$43K
Money outPt IX
$583K
Ln 25
Programscol B$583K
Owns and owesPt X
$696K
net assets · Ln 32
Cash and savingsLn 1–2$356K
Total assetsLn 16$1.5M
LiabilitiesLn 26$802K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$43K
Fees for servicesLn 2g$668K
Investment incomeLn 3$110K
Other incomeLn 4–11$43K
Gains on assetsLn 7$107K
Total revenueLn 12$865K
Assets in detailPt X, end of year
CashLn 1$356K
Cash and savings togetherLn 1–2$356K
Land, buildings, equipmentLn 10c$1.1M
Total assetsLn 16$1.5M
LiabilitiesLn 26$802K
Net assetsLn 32$696K
OperationsPt I, VI
EmployeesI 56
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$40K$356K
Land, buildings, equipmentLn 10c$1.2M$1.1M
Total assetsLn 16$1.3M$1.5M
LiabilitiesLn 26$845K$802K
Net assetsLn 32$414K$696K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$12K$12K
Other salaries and wagesLn 7$206K$206K
Payroll taxesLn 10$16K$16K
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$7K$7K
OccupancyLn 16$109K$109K
TravelLn 17$7K$7K
Conferences, conventions and meetingsLn 19$16K$16K
InterestLn 20$43K$43K
Depreciation, depletion and amortizationLn 22$17K$17K
InsuranceLn 23$494$494
Other expenses (24a–d)Ln 24$143K$143K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$583K$583K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $865K$583K$282K$696K 990 PDF
FY2023 $643K$565K$77K$414K 990 PDF
FY2022 $654K$466K$189K$337K 990 PDF
FY2021 $268K$199K$68K$129K 990 PDF
FY2020 $64K$9K 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 FY2024 990 (6 parts)
Part I · Summary $864,691 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $61,167$43,482
I-9 Program service revenuePrior year $536,713$667,761
I-10 Investment incomePrior year $13,083$110,001
I-11 Other revenuePrior year $31,726$43,447
I-12 Total revenuePrior year $642,689$864,691
I-13 Grants and similar amounts paidPrior year $9,180$11,579
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $169,408$221,888
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $386,669$349,634
I-18 Total expensesPrior year $565,257$583,101
I-19 Revenue less expensesPrior year $77,432$281,590
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
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
Part VIII · Statement of revenue $864,691 across 9 lines filed
Lines not itemized here account for $683 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$43,482
VIII-1h Total contributions, gifts and grants$43,482
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $667,761$667,761
VIII-3 Investment incomeRelated to mission $2,619$2,619
VIII-6 Net rental income or lossRelated to mission $9,937$9,937
VIII-7 Net gain or loss on sales of assetsRelated to mission $107,382$107,382
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $32,827$32,827
VIII-12 Total revenueRelated to mission $821,209 · Unrelated business $0 · Excluded from tax $0$864,691
Part IX · Statement of functional expenses $583,101 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $11,579$11,579
IX-7 Other salaries and wagesPrograms $206,136$206,136
IX-10 Payroll taxesPrograms $15,752$15,752
IX-11c Accounting feesPrograms $4,336$4,336
IX-12 Advertising and promotionPrograms $1,723$1,723
IX-13 Office expensesPrograms $6,508$6,508
IX-16 OccupancyPrograms $108,657$108,657
IX-17 TravelPrograms $7,383$7,383
IX-19 Conferences, conventions and meetingsPrograms $15,771$15,771
IX-20 InterestPrograms $42,872$42,872
IX-22 Depreciation, depletion and amortizationPrograms $17,064$17,064
IX-23 InsurancePrograms $494$494
IX-24 Other expenses (24a–d)Programs $143,026$143,026
IX-24e All other expensesPrograms $1,800$1,800
IX-25 Total functional expensesPrograms $583,101 · Management $0 · Fundraising $0$583,101
Part X · Balance sheet $1,497,740 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $40,200$355,512
X-10c Land, buildings and equipment, netStart of year $1,219,157$1,142,228
X-16 Total assetsStart of year $1,259,357$1,497,740
X-17 Accounts payable and accrued expenses$4,927
X-26 Total liabilitiesStart of year $845,092$801,885
X-27 Net assets without donor restrictionsStart of year $414,265$695,855
X-32 Total net assets or fund balancesStart of year $414,265$695,855
X-33 Total liabilities and net assetsStart of year $1,259,357$1,497,740
Part XI · Reconciliation of net assets $695,855 net assets at year end
XI-1 Total revenue$864,691
XI-2 Total expenses$583,101
XI-3 Revenue less expenses$281,590
XI-4 Net assets at start of year$414,265
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$695,855

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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