Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $83,896

• 1c · Fundraising events

  $360,985

• 1f · All other contributions, gifts and grants

  $1,163,115

• 1g · Noncash contributions included above

  $195,138

• 2a · Program service revenue: GOVERNMENT FEES

  total $41,298,975 · related or exempt $41,298,975

• 2b · Program service revenue: PROGRAM SERVICE FEES

  total $1,491,404 · related or exempt $1,491,404

• 3 · Investment income

  total $200,027 · excluded $200,027

• 7a · Gross sales of assets other than inventory

  other assets $1,283,515

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

  other assets $1,303,832

• 7c · Gain or loss

  other assets -$20,317

• 7d · Net gain or loss

  total -$20,317 · excluded -$20,317

• 8a · Fundraising events: gross income

  $31,690

• 8a · Fundraising events: contributions included on line 1c

  $360,985

• 8b · Fundraising events: direct expenses

  $164,657

• 8c · Net income from fundraising events

  total -$132,967 · excluded -$132,967

• 10a · Gross sales of inventory

  $387,696

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $387,696 · excluded $387,696

• 11a · Other revenue: AFFILIATE MANAGEMENT FEE INCOME

  total $443,156 · excluded $443,156

• 11b · Other revenue: OTHER INCOME

  total $159,321 · excluded $159,321

• 11e · Other revenue, total

  $602,477

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $113,000 · program services $113,000

• 2 · Grants to domestic individuals

  total $10,891,789 · program services $10,891,789

• 5 · Compensation of officers, directors and key employees

  total $1,135,296 · program services $92,638 · management and general $950,017 · fundraising $92,641

• 7 · Other salaries and wages

  total $21,137,883 · program services $18,648,736 · management and general $2,130,734 · fundraising $358,413

• 8 · Pension plan contributions

  total $286,576 · program services $237,487 · management and general $44,721 · fundraising $4,368

• 9 · Other employee benefits

  total $2,566,352 · program services $2,051,914 · management and general $469,156 · fundraising $45,282

• 10 · Payroll taxes

  total $1,606,184 · program services $1,354,913 · management and general $218,748 · fundraising $32,523

• 11b · Fees: legal

  total $171,441 · management and general $171,441

• 11c · Fees: accounting

  total $129,626 · management and general $129,626

• 11f · Fees: investment management

  total $3,005 · management and general $3,005

• 11g · Fees: other

  total $1,029,888 · program services $748,135 · management and general $258,783 · fundraising $22,970

• 12 · Advertising and promotion

  total $110,271 · program services $51,522 · management and general $55,356 · fundraising $3,393

• 13 · Office expenses

  total $937,410 · program services $516,003 · management and general $362,785 · fundraising $58,622

• 14 · Information technology

  total $543,956 · program services $107,385 · management and general $429,137 · fundraising $7,434

• 16 · Occupancy

  total $1,837,725 · program services $1,680,630 · management and general $138,382 · fundraising $18,713

• 17 · Travel

  total $1,641,370 · program services $1,343,212 · management and general $285,017 · fundraising $13,141

• 19 · Conferences, conventions and meetings

  total $126,808 · program services $27,082 · management and general $95,064 · fundraising $4,662

• 20 · Interest

  total $47,438 · management and general $47,438

• 22 · Depreciation, depletion and amortization

  total $221,675 · program services $208,917 · management and general $12,758

• 23 · Insurance

  total $509,578 · program services $483,713 · management and general $24,233 · fundraising $1,632

• 24a · Other expenses: TELEPHONE

  total $496,871 · program services $334,601 · management and general $159,066 · fundraising $3,204

• 24b · Other expenses: EQUIPMENT RENTAL, REPAI

  total $235,822 · program services $176,247 · management and general $57,390 · fundraising $2,185

• 24c · Other expenses: BAD DEBT

  total $82,969 · program services $82,969

• 24d · Other expenses: MEMBERSHIP DUES

  total $47,492 · program services $8,829 · management and general $36,969 · fundraising $1,694

• 24e · All other expenses

  total $128,125 · program services $63,069 · fundraising $65,056

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $7,008,859 · end of year $4,367,336

• 3 · Pledges and grants receivable

  beginning of year $69,659 · end of year $50,234

• 4 · Accounts receivable

  beginning of year $5,073,730 · end of year $4,633,333

• 9 · Prepaid expenses and deferred charges

  beginning of year $365,222 · end of year $1,134,161

• 10a · Land, buildings and equipment: cost or other basis

  $782,959

• 10b · Land, buildings and equipment: accumulated depreciation

  $153,713

• 10c · Land, buildings and equipment, net

  beginning of year $3,373,388 · end of year $629,246

• 11 · Investments: publicly traded securities

  beginning of year $330,291 · end of year $136,611

• 15 · Other assets

  beginning of year $10,970,520 · end of year $15,384,360

• 17 · Accounts payable and accrued expenses

  beginning of year $4,091,554 · end of year $3,604,277

• 19 · Deferred revenue

  beginning of year $5,940,308 · end of year $5,852,360

• 24 · Unsecured notes and loans payable

  beginning of year $2,379,770

• 25 · Other liabilities

  beginning of year $3,424,368 · end of year $5,765,424

• 27 · Net assets without donor restrictions

  beginning of year $5,849,191 · end of year $5,216,689

• 28 · Net assets with donor restrictions

  beginning of year $5,506,478 · end of year $5,896,531

The filer's explanations (Part III)

PART I, LINE 3

THE COMPENSATION OF THE PRESIDENT & CEO IS DETERMINED USING A COMPENSATION COMMITTEE AND COMPENSATION SURVEYS OR STUDIES AND IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY IN AN EXECUTIVE SESSION DURING THE FALL OR WINTER BOARD MEETING. THIS BOARD IS NOT COMPRISED OF ANY EMPLOYEES. IT IS THE POLICY OF THE AGENCY TO PAY WAGES AND SALARIES WHICH ARE COMPETITIVE WITH OTHER SOCIAL SERVICES ORGANIZATIONS WITH SIMILAR SCOPE AND SERVICES IN THE COMMUNITY.

PART I, LINE 7

BONUSES WERE ISSUED TO CURRENT OFFICERS AND EMPLOYEES BASED ON PERFORMANCE.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• ARTHUR D DAY AND ARMILDA A DAY MEMORIAL TRUST

  T · TRUST · IL · 100% owned · share of income $135,892 · share of assets $5,159,736

  Directly controlled by LUTHERAN CHILD AND FAMILY SERVICES OF ILLINOIS