The Foundation for Called Workers EIN 46-1121801

The Foundation for Called Workers FY2021 filing

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Awards grants to Lutheran Church workers for educational loan payments. For fiscal year 2021 it reported $93K in revenue, $157K in expenses, and $272K in net assets.Pt I

Founded
2013
Type
Religious organization · Religion
Location
Fenton, MO
Website
ministryfocus.org
Filings
6 on file (2020–2021)
Revenue
$93KFY2021
Expenses
$157K
Net assets
$272K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-1121801 Religious organization Fenton, MO Founded 2013
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Awards grants to Lutheran Church workers for educational loan payments.
Leadership
Roger Paavola · Director
Money in and out
$93K revenue, $157K expenses
Bottom line
98% program efficiency
Where the money goes · FY2021
Total revenue
$93K
Pt VIII · Ln 12
Total expenses
$157K
Pt IX · Ln 25
Net assets
$272K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$63K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs
Operating runway
20.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-68%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$93K
FY2021▼ -28%
Expenses
$157K
FY2021▲ +54%
Total assets
$272K
FY2021▼ -19%
Total liabilities
$400
FY20210%
Total revenue
$93K
Pt VIII · Ln 12
Total expenses
$157K
Pt IX · Ln 25
Net assets
$272K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$63K
Total assetsPt X · Ln 16$272K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $153K of program spending, described in the organization's own filed words · FY2021.
01

The awarding of grants by the foundation to 54 called workers of the lutheran church missouri synod (LCMS) to assist with educational loan payments.

$153Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Foundation for Called Workers
EINHdr · item D46-1121801
Principal addressHdr · item CFenton, MO
WebsiteHdr · item Jministryfocus.org
Year of formationHdr · item L2013
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFApr 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$93K
Investment income$371
Total revenueLn 12$93K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$153K
Management & general2%$4K
Total functional expensesLn 25$157K

Balance Sheet

Part X · end of year
CashLn 1$272K
Total assetsLn 16$272K
Total liabilitiesLn 26$400
Total net assetsLn 32$272K
Months of cash on handcomputed20.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $272K · Operating expenses/yr $157K
20.8 months
Where the money goes
Program services
Program services $153K · Total expenses $157K
98%
Management & General
Management & general $4K · Total expenses $157K
2%
Fundraising
Fundraising $0 · Total expenses $157K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $111K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $93K · Total revenue $93K
100%
Government reliance
Government grants — · Total revenue $93K
Earned-income share
Program service revenue $0 · Total revenue $93K
0%
Investment reliance
Investment income $371 · Total revenue $93K
+0.4%
Program self-sufficiency
Program service revenue $0 · Total expenses $157K
0%
Growth & trend
Revenue growth (YoY)
This year $93K · Prior year $130K
-28%
Net-asset trend (YoY)
End of year $272K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $93K · Expenses $157K
-68%
Liabilities-to-Assets
Total liabilities — · Total assets $272K
Net-asset ratio
Net assets $272K · Total assets $272K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $272K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Roger Paavola · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $157K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $4K · Total expenses $157K
3%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth -28%
Legal fee ratio 0.7%
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.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$45K
Grants paid · 3 grants · $486K · 2024–2025
Unitemized GrantFY2025$304,875
Unitemized GrantFY2025$28,600
Unitemized GrantFY2024$153,000

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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
FY2025 (Latest)$125K revenue · ⤓ 990 PDF
FY2024$1.5M revenue · ⤓ 990 PDF
FY2023$87K revenue · ⤓ 990 PDF
FY2022$47K revenue · ⤓ 990 PDF
FY2021$93K revenue · viewing · ⤓ 990 PDF
FY2020$130K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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