Totals
- Total revenue
- $2,070,466
- Total expenses
- $2,405,951
- Contributions and grants received
- $1,588,357
- Grants paid
- $43,320
- Program service revenue
- $463,250
- Investment income
- $18,859
- Other revenue
- $0
- Total assets, end of year
- $5,474,687
- Total liabilities, end of year
- $1,638,314
- Net assets or fund balances, end of year
- $3,836,373
- Program services expenses (Part IX)
- $1,800,334
- Management and general expenses
- $469,909
- Fundraising expenses
- $135,708
- Program service expenses (Part III)
- $1,800,334
Program services were 74.8% 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.
-
1a · Federated campaigns
$95,000
-
1e · Government grants (contributions)
$385,747
-
1f · All other contributions, gifts and grants
$1,107,610
-
1g · Noncash contributions included above
$500
-
2a · Program service revenue: PROGRAM SERVICE REVENU
total $463,250 · related or exempt $463,250
-
3 · Investment income
total $17,359 · excluded $17,359
-
7a · Gross sales of assets other than inventory
other assets $1,500
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $1,500
-
7d · Net gain or loss
total $1,500 · excluded $1,500
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $43,320 · program services $43,320
-
5 · Compensation of officers, directors and key employees
total $161,986 · program services $123,109 · management and general $24,298 · fundraising $14,579
-
7 · Other salaries and wages
total $1,090,988 · program services $919,671 · management and general $90,086 · fundraising $81,231
-
8 · Pension plan contributions
total $10,868 · program services $8,260 · management and general $1,630 · fundraising $978
-
9 · Other employee benefits
total $47,086 · program services $35,785 · management and general $7,063 · fundraising $4,238
-
10 · Payroll taxes
total $59,674 · program services $45,352 · management and general $8,951 · fundraising $5,371
-
11b · Fees: legal
total $1,911 · program services $1,452 · management and general $287 · fundraising $172
-
11c · Fees: accounting
total $26,215 · program services $19,923 · management and general $3,932 · fundraising $2,360
-
11g · Fees: other
total $45,190 · program services $33,329 · management and general $9,548 · fundraising $2,313
-
12 · Advertising and promotion
total $24,866 · program services $22,933 · management and general $433 · fundraising $1,500
-
13 · Office expenses
total $182,888 · program services $138,935 · management and general $23,873 · fundraising $20,080
-
16 · Occupancy
total $194,788 · program services $137,951 · management and general $56,837
-
17 · Travel
total $11,015 · program services $10,865 · management and general $150
-
19 · Conferences, conventions and meetings
total $4,059 · program services $3,504 · management and general $555
-
20 · Interest
total $45,118 · program services $36,234 · management and general $8,884
-
22 · Depreciation, depletion and amortization
total $282,023 · program services $104,119 · management and general $177,904
-
23 · Insurance
total $96,528 · program services $54,431 · management and general $42,097
-
24a · Other expenses: EQUIPMENT RENT & MAINT
total $17,997 · program services $16,235 · management and general $1,762
-
24b · Other expenses: MEMBERSHIP & DUES
total $17,364 · program services $3,147 · management and general $11,477 · fundraising $2,740
-
24e · All other expenses
total $42,067 · program services $41,779 · management and general $142 · fundraising $146
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $810,234 · end of year $469,565
-
2 · Savings and temporary cash investments
beginning of year $713,236 · end of year $205,915
-
3 · Pledges and grants receivable
beginning of year $375,251 · end of year $252,246
-
8 · Inventories for sale or use
beginning of year $27,125 · end of year $14,002
-
9 · Prepaid expenses and deferred charges
beginning of year $46,956 · end of year $43,888
-
10a · Land, buildings and equipment: cost or other basis
$6,058,712
-
10b · Land, buildings and equipment: accumulated depreciation
$1,642,664
-
10c · Land, buildings and equipment, net
beginning of year $3,217,416 · end of year $4,416,048
-
15 · Other assets
beginning of year $49,811 · end of year $73,023
-
17 · Accounts payable and accrued expenses
beginning of year $205,596 · end of year $189,827
-
23 · Secured mortgages and notes payable
beginning of year $903,650 · end of year $1,448,487
-
27 · Net assets without donor restrictions
beginning of year $3,726,640 · end of year $3,593,277
-
28 · Net assets with donor restrictions
beginning of year $404,143 · end of year $243,096
Mission and programs · 2024
Mission
VISION- MATTHEW 25 ENVISIONS THRIVING, CONNECTED COMMUNITIES WITH SHARING ECONOMIES, WHERE PEOPLE ARE VALUED, TALENTS ARE MULTIPLIED, AND NEIGHBORS LIVE HEALTHY, NOURISHED LIVES FULL OF OPPORTUNITY.
Activities or mission (Part I)
MATTHEW 25 IMPROVES THE HEALTH OF PEOPLE AND NEIGHBORHOODS BY INVESTING IN QUALITY AFFORDABLE HOUSING, HEALTHY FOOD, EDUCATIONAL OPPORTUNITIES, AND COMMUNITY BUILDING.
-
CULTIVATE HOPE EXPANDS HEALTHY FOOD CULTURE FOR ALL THROUGH HANDS-ON GROWING, SHARING AND LEARNING ACTIVITIES. THE PROGRAM'S GOALS ARE TO GROW HEALTHY FOOD, RESOURCES AND COMMUNITY SPIRIT, AND TO LEARN ABOUT LOCAL FOODS, FOOD PRODUCTION AND HEALTHY BEHAVIORS. DURING 2024, MATTHEW 25 ACCOMPLISHED THE FOLLOWING CULTIVATE HOPE GOALS:-GAVE AWAY 5,747 FREE OR REDUCED COST MEALS THROUGH GROUNDSWELL CAFE.-GAVE $25,000 WORTH OF FRESH FOOD THROUGH THE CULTIVATE HOPE CORNER STORE.-PROVIDED LAND TO 40 COMMUNITY GARDENERS. -TAUGHT MORE THAN 125 EDUCATIONAL CLASSES ABOUT HEALTHY FOODS TO YOUTH AND ADULTS.
Expenses $1,036,746 · Grants $43,320 · Revenue $360,389
-
NEIGHBORHOOD BUILDING REVITALIZES COMMUNITIES BY ENCOURAGING NEIGHBORS TO DREAM OF POSSIBILITIES, ORGANIZING SUSTAINABLE REINVESTMENT AND SOUND PUBLIC POLICY IN TARGETED NEIGHBORHOODS AND PROVIDING A SHARED NETWORK OF TOOLS AND RESOURCES.DURING 2024, MATTHEW 25 ACCOMPLISHED THE FOLLOWING NEIGHBORHOOD BUILDING GOALS:-HELPED 25 HOMEOWNERS WITH HOME REPAIRS AND 14 HOMEOWNERS WITH YARD, CLEANUP PROJECTS, USING 5,504 HOURS OF VOLUNTEER LABOR-COMPLETED ONE RENTAL UNIT REHAB. CONSTRUCTED TWO 3 BED/2 BATH HOMES AND NET ZERO TRIPLEX-RENTED 24 UNITS OF QUALITY AFFORDABLE HOUSING-CHECKED OUT 268 TOOLS TO INDIVIDUALS TO HELP WITH HOME AND GARDEN
Expenses $692,751 · Revenue $102,861
-
COMMUNITY BUILDING CONNECTS NEIGHBORS AND COMMUNITY MEMBERS IN ORDER TO INCREASE SOCIAL COHESION, HAPPINESS AND PUBLIC SAFETY IN NEIGHBORHOODS.DURING 2024, MATTHEW 25 ACCOMPLISHED THE FOLLOWING COMMUNITY BUILDING GOALS:-CARRIED OUT 84 ONE-ON-ONE CONVERSATIONS GETTING TO KNOW THE GIFTS AND TALENTS OF OUR NEIGHBORS.-CURATED 22 COMMUNITY EVENTS THAT DREW NEIGHBORS TOGETHER.-ENGAGED 662 PEOPLE IN 12,018 HOURS OF VOLUNTEER WORK THAT STRENGTHENED NEIGHBORHOODS.
Expenses $70,837
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Anderson RyanANDERSON RYAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Spore JulieSPORE JULIE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Brenneman JeanBRENNEMAN JEAN
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Barnd MatthewBARND MATTHEW
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Abram-Bryant KimberlyABRAM-BRYANT KIMBERLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Baxter DanBAXTER DAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hill-Davis NancyHILL-DAVIS NANCY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jandik CodyJANDIK CODY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nordby GrantNORDBY GRANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rathje RobertRATHJE ROBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan JakeRYAN JAKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Schultes JustinSCHULTES JUSTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stoltenberg DaveSTOLTENBERG DAVE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Westphal RobynnWESTPHAL ROBYNN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Twedt-Ball ClintTWEDT-BALL CLINT
EXECUTIVE DIRECTOR
- Total calculated
- $104,490
- From this org
- $93,460
- From related orgs
- $0
- Other
- $11,030
- Hours/week
- 40
-
Graham-Taylor EmmaGRAHAM-TAYLOR EMMA
DIRECTOR OF OPERATIONS
- Total calculated
- $57,496
- From this org
- $56,538
- From related orgs
- $0
- Other
- $958
- Hours/week
- 40
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 2 June 2025
- IRS schema version
- 2024v5.1
- Source object
- 202521549349300717
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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