Interserv Foundation

Tax-deductible

Saint Joseph, MO501(c)(3)Foundations & GrantmakersEIN 75-3197631

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To effectively develop and manage financial resources to support and enhance Interfaith Community Services, Inc. and Community Missions Corporation.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
Run by 15 volunteers.
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
0 of 5
filings with a surplus
Average deficit $226K a year · 43% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 4.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $75K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$152K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$419K
+29% vs prior year
Spent
$711K
To programs
69%
Net assets
$1.9M
By yearFY2020–FY2024
Revenue
$419K
FY2024▲ +29%
Revenue by fiscal year
FY2020$527K
FY2021$707K
FY2022$650K
FY2023$324K
FY2024$419K
Expenses
$711K
FY2024▼ -22%
Expenses by fiscal year
FY2020$611K
FY2021$844K
FY2022$678K
FY2023$910K
FY2024$711K
Net assets
$1.9M
FY2024▼ -16%
Net assets by fiscal year
FY2020$2.4M
FY2021$3.3M
FY2022$2.5M
FY2023$2.2M
FY2024$1.9M

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2006.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $492K Management & general 29% · $207K Fundraising 2% · $12K

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

12 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Brett King’s $60K as Executive Director is at the 56th percentile of top reported officer pay among 1265 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Interserv Foundation 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 15aYes

Programs and updates

Manages financial resources to support community service organizations.

Provided by the organization

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1 program · $492K · in their own filed words · FY2024
01

The organization raised funds and managed investments for the benefit of interfaith community services, inc. And community missions corporation.

$492Kprogram 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 1 funder$75K
Grants paid · 6 grants · $2.8M · 2020–2024

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$419K
Ln 12
Gifts and grantsLn 1h$416K
Investment incomeLn 3$45K
Fees for servicesLn 2g$7K
Money outPt IX
$711K
Ln 25
Programscol B$492K
Managementcol C$207K
Fundraisingcol D$12K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$272K
Total assetsLn 16$2.0M
LiabilitiesLn 26$152K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$416K
Fees for servicesLn 2g$7K
Investment incomeLn 3$45K
Total revenueLn 12$419K
Assets in detailPt X, end of year
CashLn 1$272K
Cash and savings togetherLn 1–2$272K
InvestmentsLn 11–13$1.7M
Other assetsLn 15$6K
Total assetsLn 16$2.0M
LiabilitiesLn 26$152K
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$133K$272K
InvestmentsLn 11–13$2.2M$1.7M
Total assetsLn 16$2.4M$2.0M
LiabilitiesLn 26$163K$152K
Net assetsLn 32$2.2M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$492K$492K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$73K$73K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$70K$70K
Pension plan contributionsLn 8$1K$1K
Other employee benefitsLn 9$8K$8K
Payroll taxesLn 10$10K$10K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$7K$7K
Lobbying feesLn 11d$0
Investment management feesLn 11f$12K$12K
Other fees for servicesLn 11g$65$65
Advertising and promotionLn 12$0
Office expensesLn 13$1K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$14K$14K
TravelLn 17$1K$1K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$18K$18K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$711K$492K$207K$12K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $419K$711K−$292K$1.9M 990 PDF
FY2023 $324K$910K−$587K$2.2M 990 PDF
FY2022 $650K$678K−$28K$2.5M 990 PDF
FY2021 $707K$844K−$136K$3.3M 990 PDF
FY2020 $527K$611K−$85K$2.4M 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 (4 parts)
Part VIII · Statement of revenue $418,738 across 5 lines filed
Lines not itemized here account for −$48,728 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$415,700
VIII-1h Total contributions, gifts and grants$415,700
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,648$6,648
VIII-3 Investment incomeExcluded from tax $45,118$45,118
VIII-12 Total revenueRelated to mission $6,648 · Excluded from tax −$3,610$418,738
Part IX · Statement of functional expenses $710,902 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $492,067$492,067
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $73,089$73,089
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $70,402$70,402
IX-8 Pension plan contributionsManagement $1,196$1,196
IX-9 Other employee benefitsManagement $8,195$8,195
IX-10 Payroll taxesManagement $9,637$9,637
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $7,000$7,000
IX-11d Lobbying fees$0
IX-11f Investment management feesFundraising $12,024$12,024
IX-11g Other fees for servicesManagement $65$65
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $1,468$1,468
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $14,400$14,400
IX-17 TravelManagement $1,033$1,033
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Management $18,237$18,237
IX-24e All other expensesManagement $2,089$2,089
IX-25 Total functional expensesPrograms $492,067 · Management $206,811 · Fundraising $12,024$710,902
Part X · Balance sheet $2,007,910 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $133,016$272,347
X-11 Publicly traded securitiesStart of year $2,241,873$1,729,395
X-15 Other assetsStart of year $553$6,168
X-16 Total assetsStart of year $2,375,442$2,007,910
X-17 Accounts payable and accrued expensesStart of year $11,234$10,932
X-25 Other liabilitiesStart of year $152,213$141,230
X-26 Total liabilitiesStart of year $163,447$152,162
X-27 Net assets without donor restrictionsStart of year −$44,174−$21,078
X-28 Net assets with donor restrictionsStart of year $2,256,169$1,876,826
X-32 Total net assets or fund balancesStart of year $2,211,995$1,855,748
X-33 Total liabilities and net assetsStart of year $2,375,442$2,007,910
Part XI · Reconciliation of net assets $1,855,748 net assets at year end
XI-1 Total revenue$418,738
XI-2 Total expenses$710,902
XI-3 Revenue less expenses−$292,164
XI-4 Net assets at start of year$2,211,995
XI-5 Net unrealized gains (losses) on investments−$64,083
XI-10 Net assets at end of year$1,855,748

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

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