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BALANCE CONCORD INCORPORATED

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Public IRS 990 nonprofit record

BALANCE CONCORD INCORPORATED

EIN 31-1756846

What they do

RELIGIOUS EDUCATION & PUBLISHING for HIGHER EDUCATION IN LUTHERAN CHURCH-MISSOURI SYNOD THROUGH SCHOLARSHIPS for MINISTERS & EDUCATIONAL PUBLICATIONS

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $70.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

571.68%of revenue went to mission work70.6% of expenses · Program services
$177.59spent for every $100 of revenueSpending was higher than revenue this year.
$28.75in assets for every $1 spent this yearSome assets cannot be spent right away.
4.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $4,861 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,265
Mission workProgram services$35,816571.68% of revenue70.6% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$50,737809.85% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$6,265
Expenses$11,126
Annual shortfall $4,861 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$35,816 · 321.9% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
See all reported dollar amounts
Revenue$6,265
Expenses$11,126
Assets$319,865
Contributions$300
Mission work (program services)$35,816
People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (12)

AL WIPPERMANPRESIDENT

BRUCE SCHULTZTRUSTEE

CHARLEY WILDAUERTRUSTEE

DAVID P RAMIREZTRUSTEE

ERIC HILLERSECRETARY

JOE FERGELTRUSTEE

MARK PREUSTRUSTEE

MARK STERNVICE PRESIDENT

PAUL KAISERTRUSTEE

RICHARD HANNENBERGTREASURER

ROBERT DARGATZTRUSTEE

THOMAS HOYTTRUSTEE

About this charity

Location
1361 W ESTATE LANE E, LAKE FOREST, IL 60045
County
Lake
In care of
RICHARD HANNENBERG
Primary officer
RICHARD HANNENBERG, TREASURER

How to reach them

Filing and classification

Latest tax year
2018
Tax period began
January 1, 2018
Return type
990EZ
Tax preparer
PORTE BROWN LLC

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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