GRACE BRETHREN INVESTMENT FOUNDATION INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- GRACE BRETHREN INVESTMENT FOUNDATION INC (EIN 35-1085585)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-07
- IRS object ID
- 201441279349301084
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-07T13:23:32-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 972 Emerson Parkway STE A | AddressLine1 |
| City | Greenwood | City |
| State | IN | State |
| ZIP Code | 46143 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351085585 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grace Brethren Investment Foundation Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GRAC | BusinessNameControlTxt |
| Phone | 5742675161 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 587 | AddressLine1 |
| City | Winona Lake | City |
| State | IN | State |
| ZIP Code | 46590 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Brenda Byers | PersonNm |
| Person Title | Director of Finance/Secretary | PersonTitleTxt |
| Phone | 5742675161 | PhoneNum |
| Signature | 2014-05-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P00747006 | PTIN |
| Phone | 3178852620 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Ken Seyfert | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 587 | AddressLine1 |
| City | Winona Lake | City |
| State | IN | State |
| ZIP Code | 46590 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,522,266 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.gbif.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1955 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | Further the fellowship of Grace Brethren Churches' work and loan funds to the FGBC & affiliates | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,354,492 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,408,956 | CYProgramServiceRevenueAmt |
| PY Investment Income | $757,798 | PYInvestmentIncomeAmt |
| CY Investment Income | $613,745 | CYInvestmentIncomeAmt |
| PY Other Revenue | $20,705 | PYOtherRevenueAmt |
| CY Other Revenue | $19,232 | CYOtherRevenueAmt |
| PY Total Revenue | $4,132,998 | PYTotalRevenueAmt |
| CY Total Revenue | $4,041,935 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $665,500 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $682,735 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $625,951 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $652,692 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,459,150 | PYOtherExpensesAmt |
| CY Other Expenses | $2,326,734 | CYOtherExpensesAmt |
| PY Total Expenses | $3,750,601 | PYTotalExpensesAmt |
| CY Total Expenses | $3,662,161 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $382,397 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $379,774 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $97,140,738 | TotalAssetsBOYAmt |
| Total Assets EOY | $100,059,831 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $88,720,384 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $91,264,832 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,420,354 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,794,999 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | See Schedule O for complete mission statement. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,076,720 | ExpenseAmt |
| Grant | $682,735 | GrantAmt |
| Revenue | $3,408,956 | RevenueAmt |
| Desc | Grace Brethren Investment Foundation assists in the extension of Christian work by contributing and loaning funds to Grace Brethren churches, conventions, or associations of churches, Grace Brethren schools, and affiliated organizations. The organization accomplishes this purpose by enabling individuals who support the objectives of the Fellowship to invest in funds which earn interest compounded daily and thereby to provide a source of funding, in the form of capital loans, for acquiring, developing, and remodeling land and buildings for churches, schools, and other associated organizations. | Desc |
| Total Program Service Expenses | $3,076,720 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 8 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brenda Byers | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5742675161 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 587 | AddressLine1 |
| City | Winona Lake | City |
| State | IN | State |
| ZIP Code | 46590 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Ted Adomanis | ||||||
| Chairman | 8.00 | Yes (X) | Yes (X) | $915 | $0 | $0 |
| Ralph Hampton | ||||||
| Director | 4.00 | Yes (X) | $649 | $0 | $0 | |
| Kent Semple | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| James Poyner | ||||||
| Director | 4.00 | Yes (X) | $1,018 | $0 | $0 | |
| David Coleman | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Robert MacMillan | ||||||
| Director | 4.00 | Yes (X) | $1,724 | $0 | $0 | |
| Richard Stair | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Jerry Michael | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Josh Balmer | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| George Merchant | ||||||
| Director | 4.00 | Yes (X) | $805 | $0 | $0 | |
| Phil Sparling | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Howard Mayes | ||||||
| Director | 4.00 | Yes (X) | $640 | $0 | $0 | |
| James Augspurger | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Larry N Chamberlain part year | ||||||
| Retiring President | 40.00 | Yes (X) | $85,471 | $0 | $15,646 | |
| Ken Seyfert | ||||||
| New CEO/President | 40.00 | Yes (X) | $124,788 | $0 | $29,120 | |
| Brenda Byers | ||||||
| Secretary/Treasurer | 40.00 | Yes (X) | $82,565 | $0 | $27,049 | |
| Ryan Bowell | ||||||
| Vice President | 40.00 | Yes (X) | $31,048 | $0 | $15,428 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $329,623 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $87,243 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2 | AllOtherContributionsAmt |
| Total Contributions | $2 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INT/CHURCH LOANS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $3,408,956 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,408,956 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,408,956 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $616,044 | TotalRevenueColumnAmt |
| Exclusion | $616,044 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $58,264 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $39,032 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $19,232 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,232 | TotalRevenueColumnAmt |
| Exclusion | $19,232 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,439,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,441,299 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$2,299 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,299 | TotalRevenueColumnAmt |
| Exclusion | -$2,299 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,041,935 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,408,956 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $632,977 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $682,735 | TotalAmt |
| Program Services | $682,735 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $411,764 | TotalAmt |
| Program Services | $178,341 | ProgramServicesAmt |
| Management And General | $233,423 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,547 | TotalAmt |
| Program Services | $105,750 | ProgramServicesAmt |
| Management And General | $38,797 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,114 | TotalAmt |
| Program Services | $7,911 | ProgramServicesAmt |
| Management And General | $4,203 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,426 | TotalAmt |
| Program Services | $30,145 | ProgramServicesAmt |
| Management And General | $18,281 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,841 | TotalAmt |
| Program Services | $19,354 | ProgramServicesAmt |
| Management And General | $16,487 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,989 | TotalAmt |
| Management And General | $23,989 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,000 | TotalAmt |
| Management And General | $27,000 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,070 | TotalAmt |
| Program Services | $3,486 | ProgramServicesAmt |
| Management And General | $9,584 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,029 | TotalAmt |
| Program Services | $49,623 | ProgramServicesAmt |
| Management And General | $12,406 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,349 | TotalAmt |
| Program Services | $32,279 | ProgramServicesAmt |
| Management And General | $8,070 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,385 | TotalAmt |
| Program Services | $39,046 | ProgramServicesAmt |
| Management And General | $4,339 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,831 | TotalAmt |
| Program Services | $25,465 | ProgramServicesAmt |
| Management And General | $6,366 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,318 | TotalAmt |
| Program Services | $7,707 | ProgramServicesAmt |
| Management And General | $57,611 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,885,995 | TotalAmt |
| Program Services | $1,885,995 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,678 | TotalAmt |
| Management And General | $53,678 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,309 | TotalAmt |
| Management And General | $40,309 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| Invtmt/Loan Reserve | $28,716 | $28,716 | |
| Securities Registration | $8,780 | $8,780 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,285 | TotalAmt |
| Program Services | $103 | ProgramServicesAmt |
| Management And General | $2,182 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,662,161 | TotalAmt |
| Program Services | $3,076,720 | ProgramServicesAmt |
| Management And General | $585,441 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,774,791 | BOYAmt |
| EOY | $859,519 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,333,084 | BOYAmt |
| EOY | $40,226,365 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,376 | BOYAmt |
| EOY | $94,912 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,287,726 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $556,957 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $737,361 | BOYAmt |
| EOY | $730,769 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $100,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,195,126 | BOYAmt |
| EOY | $58,048,266 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,140,738 | BOYAmt |
| EOY | $100,059,831 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $699,661 | BOYAmt |
| EOY | $733,713 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,020,723 | BOYAmt |
| EOY | $90,531,119 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,720,384 | BOYAmt |
| EOY | $91,264,832 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,420,354 | BOYAmt |
| EOY | $8,794,999 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,420,354 | BOYAmt |
| EOY | $8,794,999 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,140,738 | BOYAmt |
| EOY | $100,059,831 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $379,774 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$5,129 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Certification | Yes (X) | CertificationInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Supported Org Information SupportedOrgInformationGrp (17 entries)
| EINEIN | Organization TypeOrganizationTypeDesc | Governing Document ListedGoverningDocumentListedInd | Supported Org NotifiedSupportedOrgNotifiedInd | US OrganizedUSOrganizedInd | SupportSupportAmt |
|---|---|---|---|---|---|
| GBCANADA USA | |||||
| 522094318 | 7 | Yes (1) | Yes (1) | Yes (1) | $60,000 |
| GO2 CHURCH PLANTING MINISTRY | |||||
| 261325545 | 7 | Yes (1) | Yes (1) | Yes (1) | $105,000 |
| ASSOC OF GRACE BRETHREN MINISTERS | |||||
| 953307208 | 9 | Yes (1) | Yes (1) | Yes (1) | $27,500 |
| NORTHWEST CHAPEL GBC | |||||
| 311148543 | 1 | Yes (1) | Yes (1) | Yes (1) | $60,000 |
| AUBURN GRACE COMMUNITY CHURCH | |||||
| 942842590 | 1 | Yes (1) | Yes (1) | Yes (1) | $20,000 |
| THE GRACE TRUST | |||||
| 350992713 | 1 | Yes (1) | Yes (1) | Yes (1) | $95,000 |
| GRACE SCHOOLS INC | |||||
| 350868095 | 2 | Yes (1) | Yes (1) | Yes (1) | $50,000 |
| CE NATIONAL | |||||
| 351126967 | 1 | Yes (1) | Yes (1) | Yes (1) | $20,000 |
| GRACE VILLAGE | |||||
| 351282401 | 1 | Yes (1) | Yes (1) | Yes (1) | $15,000 |
| FELLOW OF GRACE BRETHREN CHURCH | |||||
| 351944640 | 1 | Yes (1) | Yes (1) | Yes (1) | $95,800 |
| BRETHREN MISSIONARY HERALD | |||||
| 350877556 | 9 | Yes (1) | Yes (1) | Yes (1) | $20,000 |
| WOMEN OF GRACE | |||||
| 351597909 | 1 | Yes (1) | Yes (1) | Yes (1) | $12,000 |
| COMMUNITY GRACE BRETHREN CHURCH | |||||
| 351043361 | 1 | Yes (1) | Yes (1) | Yes (1) | $8,000 |
| METRO-GRACE PHILADELPHIA | |||||
| 300224059 | 1 | Yes (1) | Yes (1) | Yes (1) | $25,000 |
| CARIBBEAN VISION MINISTRIES | |||||
| 270848858 | 1 | Yes (1) | Yes (1) | Yes (1) | $25,000 |
| THREE STRANDS | |||||
| 460539915 | 1 | Yes (1) | Yes (1) | Yes (1) | $10,000 |
| Water for Good | |||||
| 320112278 | 1 | 0 | Yes (1) | Yes (1) | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 17 | SupportedOrganizationsTotalCnt |
| Support Sum | $658,300 | SupportSumAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $116,875 | OtherCostOrOtherBasisAmt |
| Book Value | $116,875 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $881,922 | OtherCostOrOtherBasisAmt |
| Depreciation | $281,999 | DepreciationAmt |
| Book Value | $599,923 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $288,929 | OtherCostOrOtherBasisAmt |
| Depreciation | $274,958 | DepreciationAmt |
| Book Value | $13,971 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $730,769 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| LOANS TO GRACE BRETHREN AFFILIATES | $57,813,242 | C |
| ACCRUED INTEREST ON LOANS TO AFFILIATES | $235,024 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $58,048,266 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| INVESTOR DEPOSITS DUE ON DEMAND | $89,673,962 |
| INVESTOR DEPOSITS DUE OFFICERS, DIRECTORS, AND EMPLOYEES | $857,157 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $90,531,119 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,075,838 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$5,129 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $39,032 | OtherRevenueAmt |
| Revenue Not Reported | $33,903 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,041,935 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,041,935 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,701,193 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $39,032 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $39,032 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,662,161 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,662,161 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of December 31, 2013, the Foundation had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The Foundation files information tax returns in the U.S. The Foundation is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2009. |
| Part XI, Line 2d - Other Adjustments: | Rental expenses included on Part VIII Line 6b 39,032. |
| Part XII, Line 2d - Other Adjustments: | Rental expenses included on Part VIII Line 6b 39,032. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (17 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| GO2 CHURCH PLANTING MINISTRIES INC | |||||||
| 320 N THIRD ST | TELFORD | PA | 18969 | 261325545 | 501(c)(3) | $105,000 | CHURCH PLANTING |
| ASSOCIATION OF GRACE BRETHREN MINISTERS | |||||||
| PO BOX 694 | WINONA LAKE | IN | 46590 | 953307208 | 501(c)(3) | $27,500 | CHURCH PLANTING |
| NORTHWEST CHAPEL GRACE BRETHREN CHURCH | |||||||
| 6730 RINGS ROAD PO BOX 1234 | DUBLIN | OH | 43017 | 311148543 | 501(c)(3) | $60,000 | CHURCH PLANTING |
| AUBURN GRACE COMMUNITY CHURCH | |||||||
| PO 6446 | AUBURN | CA | 95604 | 942842590 | 501(c)(3) | $20,000 | CHURCH PLANTING |
| GBCANADA USA | |||||||
| PO BOX 836 | CHARLOTTE HALL | MD | 20622 | 522094318 | 501(c)(3) | $60,000 | CHURCH PLANTING |
| THE GRACE TRUST | |||||||
| PO BOX 588 | WINONA LAKE | IN | 46590 | 350992713 | 501(c)(3) | $95,000 | ORGANIZATIONAL SUPPORT |
| GRACE SCHOOLS INC | |||||||
| 200 SEMINARY DRIVE | WINONA LAKE | IN | 46590 | 350868095 | 501(c)(3) | $50,000 | SCHOLARSHIPS |
| CE NATIONAL | |||||||
| 1003 PRESIDENTIAL DR | WINONA LAKE | IN | 46590 | 351126967 | 501(c)(3) | $20,000 | ORGANIZATIONAL SUPPORT |
| GRACE VILLAGE | |||||||
| 337 GRACE VILLAGE DR | WINONA LAKE | IN | 46590 | 351282401 | 501(c)(3) | $15,000 | DEFENDANT FUND |
| FELLOWSHIP OF GRACE BRETHREN CHURCHES | |||||||
| PO BOX 384 | WINONA LAKE | IN | 46590 | 351944640 | 501(c)(3) | $95,800 | ORGANIZATIONAL SUPPORT |
| BRETHREN MISSIONARY HERALD | |||||||
| PO BOX 576 | WINONA LAKE | IN | 46590 | 350877556 | 501(c)(3) | $20,000 | ORGANIZATIONAL SUPPORT |
| WOMEN OF GRACE | |||||||
| PO BOX 711 | WINONA LAKE | IN | 46590 | 351597909 | 501(c)(3) | $12,000 | ORGANIZATIONAL SUPPORT |
| METRO-GRACE PHILADELPHIA | |||||||
| 4706 COMLY ST | PHILADELPHIA | PA | 19135 | 300224059 | 501(c)(3) | $25,000 | ORGANIZATIONAL SUPPORT |
| CARIBBEAN VISION MINISTRIES - TRINIDADIAN AND HAITIAN | |||||||
| PO BOX 18317 | PANAMA CITY BEACH | FL | 32417 | 270848858 | 501(c)(3) | $25,000 | ORGANIZATIONAL SUPPORT |
| COMMUNITY GRACE BRETHREN CHURCH INC | |||||||
| 909 S BUFFALO ST | WARSAW | IN | 46580 | 351043361 | 501(c)(3) | $8,000 | ORGANIZATIONAL SUPPORT |
| THREE STRANDS | |||||||
| PO BOX 753 | WINONA LAKE | IN | 46590 | 460539915 | 501(c)(3) | $10,000 | ORGANIZATIONAL SUPPORT |
| Water for Good | |||||||
| PO Box 247 | WiNONA LAKE | IN | 46590 | 320112278 | 501 (c) 3 | $10,000 | ORGANIZATIONAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 16 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Contributions are provided to organizations affiliated with the fellowship of Grace Brethren Churches (FGBC), with an emphasis given to church-planting endeavors. Contributions are based on year-end net income and are approved by the board of directors. Contributions may or may not be specifically designated. Organizations receiving contributions from the GBIF are required to respond with their intentions for use of the funds. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ken Seyfert | PersonNm |
| Title | New CEO/President | TitleTxt |
| Base Compensation Filing Org | $91,474 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $14,162 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $19,152 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $6,774 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $22,346 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $153,908 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | The organization paid for the President's wife to travel with him on business trips which is treated as taxable compensation. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Page 2, Part III, Line 1 | (A) To asssist in the extension of Christian work by and through the agencies of the fellowship of Grace Brethren Churches and the agencies of this corporation, and to contribute and loan funds to Grace Brethren Churches, conventions or associations of churches, Grace Brethren schools, and affiliated organizations. (B) To provide funds for Biblical teaching, to assist evangelical work, to assist churches of Grace Brethren Faith and Grace Brethren Missionary Societies, and to assist and encourage men and women in the dedication of their lives to definite Christian services. (C) To receive, hold, borrow, invest, loan, and disburse funds; to own, mortgage, lease, rent, and sell real and personal property of all kinds in order to attain the aforesaid purposes. (D) To promote Christian religion through the fellowship of Grace Brethren Churches and to promote the charitable missionary institutions of the Fellowship of Grace Brethren Churches. (E) In furtherance of the aforesaid purposes, to transact any and all lawful business for which corporations may be incorporated under the act, provided such business is not inconsistent with the corporation being organized and operated exclusively for charitable purposes. (F) Notwithstanding the foregoing, the corporation is organized, and at all times thereafter will be operated, exclusively for the benefit of, to perform the functions of, or to carry out the purposes of the fellowship of Grace Brethren Churches and its associated and affiliated churches, schools, and organizations. |
| Form 990, Part VI, Section A, line 6 | The organization has one class of members. The individual members of the corporation elect the Board of Directors and vote on changes to the corporate articles. |
| Form 990, Part VI, Section A, line 7a | See previous explanation for Form 990, Part VI, Section A, Line 6. |
| Form 990, Part VI, Section A, line 7b | See previous explanation for Form 990, Part VI, Section A, Line 6. |
| Form 990, Part VI, Section B, line 11 | The Form 990 is prepared and reviewed by an independent certified public accounting firm. The CFO and selected members of the governing board also review the Form 990. The final return, as filed with the IRS is then sent electronically to the full board prior to filing. |
| Form 990, Part VI, Section B, line 12c | A conflict of interest questionnaire is completed annually. Both officer and board members sign the policy. Potential conflicts are reviewed by the board of directors. Names of directors who may have conflict are noted in the board minutes; said directors abstain from voting. |
| Form 990, Part VI, Section B, line 15 | Executive care committee members, appointed by the Board of Directors and all of whom are independent, use comparable data from other not-for-profit organizations to review, evaluate, and compare compensation data for the CEO. The executive care committee then recommends the CEO's compensation package to the Board for approval. The Board of Directors also appoints the Finance Committee to review compensation and benefits paid to other employees and make appropriate recommendations. The governing board then deliberates and approves final compensation and benefit packages. The deliberations are recorded in the minutes. This process was last completed in 2013. |
| Form 990, Part VI, Section C, line 19 | These documents are availabile upon request. The annual report is distributed in various mailings throughout the year and also during the annual corporation meeting. |
| Form 990, Page 12, Part XI, Line 2C: | The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent auditing firm. This process has not changed since the prior year. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fellowship of Grace Brethren Churches Inc | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 384 | AddressLine1 |
| City | Winona Lake | City |
| State | IN | State |
| ZIP Code | 46590 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351944640 | EIN |
| Primary Activities | Religion; Spiritual Development | PrimaryActivitiesTxt |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 1 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fellowship of Grace Brethren Church | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $72,500 | InvolvedAmt |
| Method Of Amount Determination | Cash | MethodOfAmountDeterminationTxt |
Comments