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Nonprofiteer
← MARANATHA ENDOWMENT FUND

Form 990 for tax year 2024

Filed by MARANATHA ENDOWMENT FUND.

Totals

Total revenue
$433,415
Total expenses
$15,634
Contributions and grants received
$76,505
Grants paid
$0
Program service revenue
$0
Investment income
$356,910
Other revenue
$0
Total assets, end of year
$2,640,352
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,640,352
Program services expenses (Part IX)
$0
Management and general expenses
$15,634
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $76,505

  • 3 · Investment income

    total $106,224 · excluded $106,224

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $2,754,613

  • 7b · Less cost or other basis and sales expenses

    securities $2,503,927

  • 7c · Gain or loss

    securities $250,686 · other assets $0

  • 7d · Net gain or loss

    total $250,686

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $900 · management and general $900

  • 11f · Fees: investment management

    total $14,734 · management and general $14,734

  • 22 · Depreciation, depletion and amortization

    total $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $28,582 · end of year $0

  • 2 · Savings and temporary cash investments

    end of year $43,726

  • 4 · Accounts receivable

    beginning of year $0 · end of year $500

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $353,747 · end of year $591,724

  • 12 · Investments: other securities

    beginning of year $1,840,242 · end of year $2,004,402

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,222,571 · end of year $2,640,352

Mission and programs · 2024

Mission

Endowment Fund for Maranatha Bible Conference

  • No Grants or support this year to Maranatha Bible Conference.

As filed on the 2024 return.

Listed in Part VII

  • Greg Nyenhuis

    Pres & Treas Trustee

    Total calculated
    $0
    Hours/week
    0
  • Carl Dufendach

    Sec

    Total calculated
    $0
    Hours/week
    0
  • Paul VandeBunte

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Karen Melby

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Scott Rush

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Tim Erdmann

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Dave Harrington

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Don Wickstra

    Trustee

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2025
IRS schema version
2024v5.1
Source object
202531349349313398

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