2025-01-15T14:10:23-05:00 2024-06-30 351939627 BADEN GAGE & SCHROEDER LLC 6920 POINTE INVERNESS WAY 300 FORT WAYNE IN 468047926 990 2023-07-01 454856406 THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA INC LUTH 2602034509 PO BOX 5174 FORT WAYNE IN 46895 KARL DAVIS PRESIDENT 2603123289 2024-11-07 true false MELISSA J WOLF CPA P01224592 2604222551 2025-01-15 2023 2024-10-15 13:58:12Z THE LUTHERAN SGO KARL DAVIS PO BOX 5174 FORT WAYNE IN 46895 5464963 false X WWW.LUTHERANSGO.ORG X 2012 IN THE MISSION OF THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA, INC. IS TO RAISE FUNDS FROM INDIVIDUALS AND BUSINESSES AND DISTRIBUTE SCHOLARSHIP FUNDS TO ALL ELIGIBLE STUDENTS ATTENDING LUTHERAN AND OTHER CHRISTIAN SCHOOLS IN STATES SERVED BY THE LUTHERAN SGO. 5 5 3 5 0 4873530 4792416 0 49551 212074 0 4923081 5004490 3415057 3033761 0 135139 0 35872 276318 114965 3691375 3283865 1231706 1720625 5302946 6895110 150804 6890 5152142 6888220 X THE MISSION OF THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA, INC. IS TO RAISE FUNDS FROM INDIVIDUALS AND BUSINESSES AND DISTRIBUTE SCHOLARSHIP FUNDS TO ALL ELIGIBLE STUDENTS ATTENDING LUTHERAN AND OTHER CHRISTIAN SCHOOLS IN STATES SERVED BY THE LUTHERAN SGO. false false 3033761 3033761 THE ORGANIZATON EXISTS TO RAISE FUNDS FROM INDIVIDUALS AND BUSINESSES TO PROVIDE SCHOLARSHIP FUNDS TO ALL ELIGIBLE STUDENTS WANTING TO ATTEND AN INDIANA CHRISTIAN SCHOOL OF THEIR CHOICE. THE EFFORTS OF THE ORGANIZATION SUPPORT ENROLLMENT GROWTH AND CHRISTIAN OUTREACH TO FAMILIES. 3033761 true true false false false false false false false false false false false false false true true false false false false false false false false false false false true false false false false false false false false false true false false false false false false false false true 4 0 3 true false false false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true false false IN X ERIC TRAUNER 2602034509 PO BOX 5174 FORT WAYNE IN 46895 X KARL DAVIS PRESIDENT 4.50 0.00 X X 0 0 0 ZACH HAYDEN VICE PRESIDE 0.75 0.00 X X 0 0 0 ERIC TRAUNER TREASURER/SE 1.50 0.00 X X 0 0 0 BETH KITSON AT-LARGE MEM 1.00 0.00 X 0 0 0 MARK WEBB AT-LARGE MEM 0.75 0.00 X 0 0 0 SCOTT SCHUMACHER EXECUTIVE DI 60.00 0.00 X 16825 0 1675 16825 1675 false false false 4792416 460473 4792416 203099 203099 469448 460473 8975 8975 8975 5004490 212074 3033761 3033761 105385 105385 27263 19726 7537 2491 2491 28434 28434 1318 1318 28335 28335 7460 7460 3633 3633 BANK FEES 35005 35005 DUES AND SUBSCRIPTIONS 9858 9858 MISCELLANEOUS 922 922 3283865 3033761 214232 35872 249848 4193573 4754950 2386098 9433 9323 9622 279093 306116 5302946 6895110 150804 6890 150804 6890 X 367428 497911 4784714 6390309 5152142 6888220 5302946 6895110 1720625 15453 X false true X true false X 2910045 3365313 4457845 4873530 4792416 20399149 2910045 3365313 4457845 4873530 4792416 20399149 1501514 18897635 43080 25256 18688 45231 203099 335354 4000 4000 5000 5000 20743503 0.91100 0.90600 X PART II, LINE 10 5,000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 5018625 15453 15453 5003172 1318 1318 5004490 3282547 3282547 1318 1318 3283865 SCHEDULE D, PAGE 3, PART X INCOME TAXES: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ACCOUNTING STANDARD WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. true SCHOLARSHIPS 2512 3033761 SCHEDULE I, PAGE 1, PART I, LINE 2 THE ORGANIZATION VERIFIES THAT SCHOLARSHIP RECIPIENTS MEET THE INCOME REQUIREMENTS THROUGH THE FOLLOWING MEANS: 1) ALL RECIPIENTS MUST PROVIDE PROOF OF INCOME AND 2) SCHOOLS VERIFY CONTINUED ENROLLMENT PRIOR TO ACCEPTING PAYMENTS FROM THE LUTHERAN SGO. HOUSEHOLD SIZE AND INDIANA RESIDENCY IS ALSO VERIFIED FOR EACH APPLICANT. ALL SCHOLARSHIP PAYMENTS ARE MADE DIRECTLY TO THE SCHOOL. X 47 460473 FAIR MARKET VALUE false false false FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA, INC. IS TO RAISE FUNDS FROM INDIVIDUALS AND BUSINESSES AND DISTRIBUTE SCHOLARSHIP FUNDS TO ALL ELIGIBLE STUDENTS ATTENDING LUTHERAN AND OTHER CHRISTIAN SCHOOLS IN STATES SERVED BY THE LUTHERAN SGO. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PREPARED BY OUR AUDIT FIRM AND A DRAFT OF THE 990 IS SENT TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT. A FINAL VERSION IS APPROVED AND SUBMITTED. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS ARE REQUIRED TO REPORT ANY POTENTIAL CONFLICTS OF INTEREST ANNUALLY. MEMBERS AND EMPLOYEES HAVE A CONTINUING, AFFIRMATIVE DUTY TO REPORT ANY PERSONAL OWNERSHIP, INTEREST, OR OTHER RELATIONSHIP THAT MAY AFFECT THE MEMBER'S ABILITY TO EXERCISE IMPARTIAL AND ETHICAL JUDGEMENTS IN FUFILLING THEIR RESPONSIBILITIES. IF A BOARD MEMBER HAS A CONFLICT, THE MEMBER WILL ABSTAIN FROM DISCUSSION AND VOTING ON THE CONFLICTED ITEM. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. MULTIPLE FACTORS ARE CONSIDERED WHEN DETERMINING SALARIES FOR OUR LUTHERAN SGO EMPLOYEES. 1. INDUSTRY STANDARD RATES OF PAY FOR SIMILAR JOBS ARE ALSO CONSIDERED THROUGHOUT THIS PROCESS. 2. A FORMAL REVIEW IS CONDUCTED WITH EACH MEMBER OF THE STAFF IN APRIL. PERFORMANCE IS A CONSIDERATION WHEN DETERMINING SALARY INCREASES. 3. THE COST OF INFLATION IS TYPICALLY FACTORED INTO SALARY INCREASES. 4. EXPECTED ADMINISTRATIVE FEE INCOME AND EXPENSES ARE FACTORS CONSIDERED WHEN DETERMINING SALARY INCREASES. THESE FACTORS ARE DISCUSSED AT THE BOARD MEETING HELD IN MAY AND A RECOMMENDATION IS MADE. A MOTION IS MADE TO APPROVE THE SALARY RECOMMENDATION. ASSUMING THAT THE MOTION IS APPROVED, SALARY INCREASES ARE IMPLEMENTED AT THE START OF THE NEW FISCAL YEAR. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII ADMINISTRATIVE SERVICES ARE CONTRACTED WITH THE LUTHERAN SCHOOL PARTNERSHIP. THE SERVICES INCLUDE SCHOLARSHIP AND FUNDRAISING MANAGEMENT, ADVERTISING, PROMOTION AND MARKETING. THE CONTRACT AMOUNT COVERS THE PARTNERSHIP'S COSTS. ONE MEMBER OF THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA BOARD IS A REPRESENTATIVE OF THE BOARD OF THE LUTHERAN SCHOOLS PARTNERSHIP.