Redeemer Endowment Fund EIN 81-3161155 Form 990 (PDF) Claim this org

Redeemer Endowment Fund

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Funds church missions and provides educational programs. For fiscal year 2025 it reported $77K in revenue, $26K in expenses, and $529K in net assets.Pt I

Type
Supporting organization · Religion
Location
Spokane Vly, WA
Filings
6 on file (2020–2025)
Revenue
$77KFY2025
Expenses
$26K
Net assets
$529K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  81-3161155 Supporting organization Spokane Vly, WA
Form 990 (PDF)
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Size
<$100K
What they do
Funds church missions and provides educational programs.
Leadership
Maureen Brooks · Vice Chair
Money in and out
$77K revenue, $26K expenses
Bottom line
+66% net inflow
Money in and out · FY2025
Total revenue
$77K
Pt VIII · Ln 12
Total expenses
$26K
Pt IX · Ln 25
Net assets
$529K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $51K
Where spending went · Part IX cols B–D
Program services $1.00
Net inflow
+66%
revenue over expenses, this year▲ +16% vs prior filing year
Pass-through gifts
8%
of revenue from contributions▼ -42% vs prior filing year
Program spending
100%
of expenses reach stated programs0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$77K
FY2025▲ +30%
Expenses
$26K
FY2025▲ +2%
Total assets
$529K
FY2025▲ +11%
Total liabilities
$0
FY2025
Total revenue
$77K
Pt VIII · Ln 12
Total expenses
$26K
Pt IX · Ln 25
Net assets
$529K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$51K
Total assetsPt X · Ln 16$529K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRedeemer Endowment Fund
EINHdr · item D81-3161155
Principal addressHdr · item CSpokane Vly, WA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFMar 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
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
Vice Chair
$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
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $26K of program spending, described in the organization's own filed words · FY2025.
01

Develop endowment fund program as a supporting organization to redeemer lutheran church. Received contributions and invested funds. Made grants for recognized missions of redeemer lutheran church.

$26Kprogram expense

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Statement of Revenue

Part VIII
Investment income$71K · 92%
Contributions & grants$6K · 8%
Investment income92%$71K
Contributions & grants8%$6K
Total revenueLn 12$77K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$26K
Total functional expensesLn 25$26K

Balance Sheet

Part X · end of year
CashLn 1$6K
Total assetsLn 16$529K
Total liabilitiesLn 26$0
Total net assetsLn 32$529K
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $529K · Operating expenses/yr $26K
243.6 months
Where the money goes
Program services
Program services $26K · Total expenses $26K
100%
Management & General
Management & general $0 · Total expenses $26K
0%
Fundraising
Fundraising $0 · Total expenses $26K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $12K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $6K · Total revenue $77K
8%
Government reliance
Government grants — · Total revenue $77K
Earned-income share
Program service revenue $0 · Total revenue $77K
0%
Investment reliance
Investment income $71K · Total revenue $77K
+92%
Program self-sufficiency
Program service revenue $0 · Total expenses $26K
0%
Growth & trend
Revenue growth (YoY)
This year $77K · Prior year $59K
+30%
Revenue CAGR
FY2020 $64K · FY2025 $77K
+4%
Net-asset trend (YoY)
End of year $529K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $77K · Expenses $26K
+66%
Liabilities-to-Assets
Total liabilities — · Total assets $529K
Net-asset ratio
Net assets $529K · Total assets $529K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $524K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $529K
99%
People & payroll
Highest Reported Total Compensation
Individual Maureen Brooks · Reported title VICE CHAIR · Highest reported compensation $0 · Total expenses $26K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $26K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 30%
Investment management fee ratio 1%
Accounting fee ratio 10%

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 · this organization's grantmaking
Grants paid · 6 grants · $96K · 2020–2025
Redeemer Lutheran PreschoolWA · FY2025$15,970
Redeemer Lutheran PreschoolWA · FY2024$17,200
Redeemer Lutheran PreschoolWA · FY2023$16,200
Redeemer Lutheran PreschoolWA · FY2022$14,273
Redeemer Lutheran PreschoolWA · FY2021$18,820
Redeemer Lutheran PreschoolWA · FY2020$13,675

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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)$77K revenue · viewing · ⤓ 990 PDF
FY2024$59K revenue · ⤓ 990 PDF
FY2023$74K revenue · ⤓ 990 PDF
FY2022$-65K revenue · ⤓ 990 PDF
FY2021$58K revenue · ⤓ 990 PDF
FY2020$64K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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