Redeemer Foundation INC FY2020 filing

Tax-deductible

Lincoln, NE501(c)(3)Since 1964EIN 47-6036622

To grow and distribute financial resources to support redeemer lutheran church and the entire body of christ in proclaiming the gospel to all generations.

501(c)(3) charity; gifts are tax-deductible.
55¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
3 of 5
filings with a surplus
Average surplus $13K a year · 39% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
83 mo
of spending, in cash
Looks good: 83.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$37K
Spent
$13K
To programs
55%
Net assets
$762K
By yearFY2020–FY2024
Revenue
$37K
FY2020
Revenue by fiscal year
FY2020$37K
FY2021$46K
FY2022$29K
FY2023$23K
FY2024$29K
Expenses
$13K
FY2020
Expenses by fiscal year
FY2020$13K
FY2021$15K
FY2022$31K
FY2023$24K
FY2024$18K
Net assets
$762K
FY2020
Net assets by fiscal year
FY2020$762K
FY2021$866K
FY2022$722K
FY2023$810K
FY2024$877K

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1965.

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

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $7K Management & general 45% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Redeemer Foundation INC executive salaries →

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

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

Grows and distributes financial resources to support Redeemer Lutheran Church and the body of Christ in proclaiming the Gospel.

Provided by the organization

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

Know this organization? Claim it to add your story

1 program service account for $7K of program spending, described in the organization's own filed words · FY2020.
01

Provide support to redeemer lutheran church and activities affiliated with the church.

$7Kprogram 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 · 5 grants · $71K · 2020–2024
Redeemer Lutheran ChurchNE · FY2024$11,722
Redeemer Lutheran ChurchNE · FY2023$18,080
Redeemer Lutheran ChurchNE · FY2022$24,731
Redeemer Lutheran ChurchNE · FY2021$9,550
Redeemer Lutheran ChurchNE · FY2020$6,423

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$37K
Ln 12
Gifts and grantsLn 1h$21K
Investment incomeLn 3$16K
Money outPt IX
$13K
Ln 25
Programscol B$7K
Managementcol C$6K
Owns and owesPt X
$762K
net assets · Ln 32
Cash and savingsLn 1–2$87K
Total assetsLn 16$762K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$21K
Investment incomeLn 3$16K
Gains on assetsLn 7−$193
Total revenueLn 12$37K
Assets in detailPt X, end of year
SavingsLn 2$87K
Cash and savings togetherLn 1–2$87K
InvestmentsLn 11–13$622K
Total assetsLn 16$762K
LiabilitiesLn 26$0
Net assetsLn 32$762K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
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 FY20End FY20
Cash and savingsLn 1–2$90K$87K
InvestmentsLn 11–13$589K$622K
Total assetsLn 16$712K$762K
LiabilitiesLn 26$0$0
Net assetsLn 32$712K$762K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$6K$6K
Grants to domestic individualsLn 2$500$500
Accounting feesLn 11c$1K$1K
Investment management feesLn 11f$3K$3K
Other expenses (24a–d)Ln 24$1K$1K
Total functional expensesLn 25$13K$7K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $29K$18K$11K$877K 990 PDF
FY2023 $23K$24K−$1K$810K 990 PDF
FY2022 $29K$31K−$2K$722K 990 PDF
FY2021 $46K$15K$32K$866K 990 PDF
FY2020 Viewing $37K$13K$24K$762K 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
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $36,786 across 5 lines filed
VIII-1f All other contributions, gifts and grants$21,107
VIII-1h Total contributions, gifts and grants$21,107
VIII-3 Investment incomeExcluded from tax $15,872$15,872
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$193−$193
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $15,679$36,786
Part IX · Statement of functional expenses $12,619 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $6,423$6,423
IX-2 Grants to domestic individualsPrograms $500$500
IX-11c Accounting feesManagement $1,120$1,120
IX-11f Investment management feesManagement $3,230$3,230
IX-24 Other expenses (24a–d)Management $1,346$1,346
IX-25 Total functional expensesPrograms $6,923 · Management $5,696 · Fundraising $0$12,619
Part X · Balance sheet $762,060 assets, 9 lines filed
Asset lines not itemized here account for $30,000; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $89,862$87,273
X-8 Inventories for sale or useStart of year $2,920$22,975
X-11 Publicly traded securitiesStart of year $589,124$621,812
X-16 Total assetsStart of year $711,906$762,060
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $680,210$730,680
X-28 Net assets with donor restrictionsStart of year $31,696$31,380
X-32 Total net assets or fund balancesStart of year $711,906$762,060
X-33 Total liabilities and net assetsStart of year $711,906$762,060
Part XI · Reconciliation of net assets $762,060 net assets at year end
XI-1 Total revenue$36,786
XI-2 Total expenses$12,619
XI-3 Revenue less expenses$24,167
XI-4 Net assets at start of year$711,906
XI-5 Net unrealized gains (losses) on investments$25,987
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$762,060

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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 pay comparisons above.