Immanuel Foundation EIN 82-4366126

Immanuel Foundation FY2023 filing

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Secures charitable gifts to support Immanuel Living at Buffalo Hill. For fiscal year 2023 it reported $834K in revenue, $549K in expenses, and $939K in net assets.Pt I

Founded
2018
Type
Supporting organization · Religion
Location
Kalispell, MT
Website
www.immanuelfoundation.org
Filings
4 on file (2021–2023)
Revenue
$834KFY2023
Expenses
$549K
Net assets
$939K
People
16
Filings
4
Updates
0
More identity details & actions ⌄
EIN  82-4366126 Supporting organization Kalispell, MT Founded 2018
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Secures charitable gifts to support Immanuel Living at Buffalo Hill.
Leadership
Jason Cronk · CEO
Money in and out
$834K revenue, $549K expenses
Bottom line
+34% net inflow
Money in and out · FY2023
Total revenue
$834K
Pt VIII · Ln 12
Total expenses
$549K
Pt IX · Ln 25
Net assets
$939K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $285K
Where spending went · Part IX cols B–D
Program services $1.00
Net inflow
+34%
revenue over expenses, this year
Pass-through gifts
100%
of revenue from contributions
Program spending
100%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$834K
FY2023▲ +123%
Expenses
$549K
FY2023▲ +221%
Total assets
$981K
FY2023▲ +53%
Total liabilities
$42K
FY2023▲ +881%
Total revenue
$834K
Pt VIII · Ln 12
Total expenses
$549K
Pt IX · Ln 25
Net assets
$939K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$285K
Total assetsPt X · Ln 16$981K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $549K of program spending, described in the organization's own filed words · FY2022.
01

The foundation provides services to, and holds assets in support of, immanuel living ("il").

$549Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CImmanuel Foundation
EINHdr · item D82-4366126
Principal addressHdr · item CKalispell, MT
WebsiteHdr · item Jwww.immanuelfoundation.org
Year of formationHdr · item L2018
State of legal domicileHdr · item MMT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X19)
Ruling yearIRS BMFSep 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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 · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Foundation Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Immanuel Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$833K · 100%
Investment income$9K · 1%
Contributions & grants100%$833K
Investment income1%$9K
Total revenueLn 12$834K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$549K
Total functional expensesLn 25$549K

Balance Sheet

Part X · end of year
CashLn 1$261K
Total assetsLn 16$981K
Total liabilitiesLn 26$42K
Total net assetsLn 32$939K
Months of cash on handcomputed5.7

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $981K · Operating expenses (Pt IX) $549K · Less non-cash grants $13K · Cash operating expenses/yr $536K
21.9 months
Where the money goes
Program services
Program services $549K · Total expenses $549K
100%
Management & General
Management & general $0 · Total expenses $549K
0%
Fundraising
Fundraising $0 · Total expenses $549K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $482K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $833K · Total revenue $834K
100%
Government reliance
Government grants — · Total revenue $834K
Earned-income share
Program service revenue $0 · Total revenue $834K
0%
Investment reliance
Investment income $9K · Total revenue $834K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $549K
0%
Growth & trend
Revenue growth (YoY)
This year $834K · Prior year $375K
+123%
Net-asset trend (YoY)
End of year $939K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $834K · Expenses $549K
+34%
Liabilities-to-Assets
Total liabilities — · Total assets $981K
Net-asset ratio
Net assets $939K · Total assets $981K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $720K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $981K
73%
People & payroll
Highest Reported Total Compensation
Individual Jason Cronk · Reported title CEO · Highest reported compensation $0 · Total expenses $549K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $549K
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 123%

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 · FY2024
Total grants receivedfrom 3 funders$97K
See all 3 funders →
Grants paid · 5 grants · $2.2M · 2020–2024
Immanuel Living at Buffalo HillMT · FY2023$1,027,612

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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
FY2024$650K revenue · ⤓ 990 PDF
FY2023$834K revenue · viewing · ⤓ 990 PDF
FY2022$375K revenue · ⤓ 990 PDF
FY2021$275K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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