Congregational Foundation INC FY2024 filing

Tax-deductible

Oak Creek, WI501(c)(3)ReligionEIN 41-2091039

To support the activities and affiliated churches of the the corporation for the national association of congregational christian churchs of the united states.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
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 6
filings with a surplus
Average surplus $415K a year · 51% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$79K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
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
$1.4M
+170% vs prior year
Spent
$487K
To programs
63%
Net assets
$14.6M
By yearFY2020–FY2025
Revenue
$1.4M
FY2024▲ +170%
Revenue by fiscal year
FY2020$532K
FY2021$984K
FY2022$529K
FY2023$502K
FY2024$1.4M
FY2025$1.0M
Expenses
$487K
FY2024▼ -11%
Expenses by fiscal year
FY2020$148K
FY2021$399K
FY2022$326K
FY2023$545K
FY2024$487K
FY2025$520K
Net assets
$14.6M
FY2024▲ +18%
Net assets by fiscal year
FY2020$4.4M
FY2021$13.4M
FY2022$13.5M
FY2023$12.3M
FY2024$14.6M
FY2025$15.2M

From the FY2024 Form 990 (year ending March 2024) · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CCongregational Foundation INC
EINHdr · item D41-2091039
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 2019
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item COak Creek, WI
NTEE classificationIRS BMFReligion (X11)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.37
Program services63%$305K
Management & general37%$182K
Total functional expensesLn 25$487K

Financial health

Is it on solid ground?

Net inflow
+64%
revenue over expenses, this year
Pass-through gifts
56%
of revenue from contributions
Program spending
63%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$14.7M
FY2024▲ +19%
Total assets by fiscal year
FY2020$4.4M
FY2021$13.4M
FY2022$13.5M
FY2023$12.3M
FY2024$14.7M
FY2025$15.2M
Total liabilities
$79K
FY2024▲ ×56
Total liabilities by fiscal year
FY2020$22K
FY2021$23K
FY2022$24K
FY2023$1K
FY2024$79K
FY2025$0
Revenue less expensesPt I · Ln 19$869K
Total assetsPt X · Ln 16$14.7M
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$563
Total assetsLn 16$14.7M
Total liabilitiesLn 26$79K
Total net assetsLn 32$14.6M
Months of cash on handcomputed0.0

Statement of Revenue

Part VIII
Contributions & grants$756K · 56%
Investment income$600K · 44%
Contributions & grants56%$756K
Investment income44%$600K
Total revenueLn 12$1.4M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $14.7M · Operating expenses/yr $487K
361.2 months
Where the money goes
Program services
Program services $305K · Total expenses $487K
63%
Management & General
Management & general $182K · Total expenses $487K
37%
Fundraising
Fundraising $0 · Total expenses $487K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $313K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $756K · Total revenue $1.4M
56%
Government reliance
Government grants — · Total revenue $1.4M
—
Earned-income share
Program service revenue $0 · Total revenue $1.4M
0%
Investment reliance
Investment income $600K · Total revenue $1.4M
+44%
Program self-sufficiency
Program service revenue $0 · Total expenses $487K
0%
Growth & trend
Revenue growth (YoY)
This year $1.4M · Prior year $502K
+170%
Revenue CAGR
FY2019 $532K · FY2023 $1.4M
+26%
Net-asset trend (YoY)
End of year $14.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.4M · Expenses $487K
+64%
Liabilities-to-Assets
Total liabilities — · Total assets $14.7M
—
Net-asset ratio
Net assets $14.6M · Total assets $14.7M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $14.7M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $14.7M
100%
People & payroll
Highest Reported Total Compensation
Individual Varnum Philbrook · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $487K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $487K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 63%——
Overhead ratio 37%——
Fundraising cost ratio 0%——
Revenue growth 170%——
Investment management fee ratio 0.3%——
Accounting fee ratio 2%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Congregational Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • 6Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Supports affiliated churches and activities of the National Association of Congregational Christian Churches.

Provided by the organization

This section is blank until Congregational Foundation INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $305K of program spending, described in the organization's own filed words · FY2023.
01

To support the activities and affiliated churches of the corporation for the national association of congregational christian churches of the united states

$305Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 9 grants · $1.6M · 2019–2024

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $1.0M$520K-25% 990 PDF
FY2024 Viewing $1.4M$487K+170% 990 PDF
FY2023 $502K$545K-5% 990 PDF
FY2022 $529K$326K-46% 990 PDF
FY2021 $984K$399K+85% 990 PDF
FY2020 $532K$148K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2024

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $487,108 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $247,356$247,356
IX-2 Grants to domestic individualsPrograms $38,700$38,700
IX-11a Management feesManagement $95,000$95,000
IX-11c Accounting feesPrograms $12,000$12,000
IX-11f Investment management feesManagement $51,295$51,295
IX-11g Other fees for servicesPrograms $1,860$1,860
IX-13 Office expensesPrograms $5,188$5,188
IX-17 TravelManagement $676$676
IX-24 Other expenses (24a–d)Programs $185 · Management $34,848$35,033
IX-25 Total functional expensesPrograms $305,289 · Management $181,819 · Fundraising $0$487,108

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Congregational Foundation INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.