Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $14,436,024

• 1f · All other contributions, gifts and grants

  $5,240,669

• 1g · Noncash contributions included above

  $674,483

• 2a · Program service revenue: SERVICE FEE REVENUES

  total $19,112,535 · related or exempt $19,112,535

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $381,969 · excluded $381,969

• 6a · Gross rents

  real property $31,558

• 6c · Rental income or loss

  real property $31,558 · personal property $0

• 6d · Net rental income or loss

  total $31,558 · excluded $31,558

• 7c · Gain or loss

  securities $0 · other assets $0

• 11a · Other revenue: OTHER INCOME

  total $380,075 · related or exempt $380,075

• 11b · Other revenue: ADMINISTRATIVE COST

  total $64,645 · related or exempt $64,645

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $444,720

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $4,658,709 · program services $4,658,709

• 7 · Other salaries and wages

  total $16,171,298 · program services $14,600,567 · management and general $1,570,731

• 8 · Pension plan contributions

  total $89,250 · program services $78,673 · management and general $10,577

• 9 · Other employee benefits

  total $1,728,459 · program services $1,493,351 · management and general $235,108

• 10 · Payroll taxes

  total $1,226,078 · program services $1,010,988 · management and general $215,090

• 11a · Fees: management

  total $3,240,984 · management and general $3,240,984

• 11b · Fees: legal

  total $44,969 · management and general $44,969

• 11c · Fees: accounting

  total $21,000 · management and general $21,000

• 11f · Fees: investment management

  total $463 · management and general $463

• 11g · Fees: other

  total $1,862,032 · program services $1,853,682 · management and general $8,350 · fundraising $0

• 12 · Advertising and promotion

  total $70,109 · program services $69,372 · management and general $737

• 13 · Office expenses

  total $1,680,179 · program services $1,545,252 · management and general $134,927

• 14 · Information technology

  total $32,072 · program services $30,987 · management and general $1,085

• 16 · Occupancy

  total $779,204 · program services $764,967 · management and general $14,237

• 17 · Travel

  total $885,328 · program services $773,009 · management and general $112,319

• 20 · Interest

  total $6,852 · program services $6,852

• 22 · Depreciation, depletion and amortization

  total $149,174 · program services $17,040 · management and general $132,134

• 23 · Insurance

  total $1,439,949 · program services $1,434,428 · management and general $5,521

• 24a · Other expenses: FOSTER CARE BOARD PAYMENTS

  total $3,299,771 · program services $3,299,771

• 24b · Other expenses: OTHER EXPENSES

  total $266,307 · program services $255,761 · management and general $10,546

• 24c · Other expenses: BAD DEBT

  total $226,456 · program services $6,456 · management and general $220,000

• 24d · Other expenses: MEDICAL EXPENSES

  total $42,836 · program services $42,836

• 24e · All other expenses

  total $4,783 · program services $4,416 · management and general $367 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,438,790 · end of year $3,768,434

• 3 · Pledges and grants receivable

  beginning of year $300,331 · end of year $8,142

• 4 · Accounts receivable

  beginning of year $8,050,249 · end of year $6,295,883

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $869,745 · end of year $205,423

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

  $1,623,111

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

  $1,160,492

• 10c · Land, buildings and equipment, net

  beginning of year $448,616 · end of year $462,619

• 11 · Investments: publicly traded securities

  beginning of year $1,317,694 · end of year $1,411,069

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $1,000 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $6,916,136 · end of year $5,436,700

• 19 · Deferred revenue

  beginning of year $663,139 · end of year $62,137

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $1,209,528 · end of year $819,618

• 27 · Net assets without donor restrictions

  beginning of year $2,351,204 · end of year $2,194,264

• 28 · Net assets with donor restrictions

  beginning of year $2,286,418 · end of year $3,638,851

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN

TED GOINS, KIRBY NICKERSON, AND MYRA GRIFFIE PARTICIPATE IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN OFFERED BY THE LUTHERAN SERVICES FOR THE AGING. AMOUNTS WILL BE DISTRIBUTED TO THE EMPLOYEE THROUGH A PAYMENT SCHEDULE COMMENCING AT RETIREMENT. NO AMOUNTS WERE CONTRIBUTED TO THE PLAN DURING CALENDAR YEAR 2024.