2023-03-06T13:19:32-06:00 2022-06-30 363990892 Capin Crouse LLP 55 Shuman Blvd Suite 300 Naperville IL 60563 990 2021-07-01 201344722 Shepherds Foundation Inc SHEP 2628785620 1805 Fifteenth Avenue Union Grove WI 53182 Tracy Terrill President 2628785620 2023-03-06 1 Tracy Terrill 999009999 Sara Tibbott P01486965 5055022746 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Tracy Terrill 1805 Fifteenth Avenue Union Grove WI 53182 2520445 0 X www.shepherdscollege.edu X 2004 WI Type 1 supporting organization for Shepherds Baptist Ministries, Inc. 8 7 0 9 0 0 3349430 2153319 0 0 -46503 23793 0 0 3302927 2177112 2875720 1545253 0 0 318210 338386 0 0 0 133320 219031 3327250 2102670 -24323 74442 3524006 3010334 0 0 3524006 3010334 X The mission of The Shepherds Foundation, Inc. is to support the primary mission of Shepherds Baptist Ministries, Inc. through effective communication, faithful stewardship and promotion of philanthropic activities. (continued on Schedule O)The Shepherds Foundation, Inc. encourages donors to contribute and arrange various types of charitable gifts to enhance the work of educating and training students with intellectual and developmental disabilities. 0 0 2005578 1545253 Shepherds Foundation, Inc. serves as the philanthropic arm of Shepherds Baptist Ministries, Inc. to provide financial support through various types of contributions and gift income arrangements. 2005578 1 1 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AR CA CT FL GA HI IL KS KY LA MA MD ME MI MN MS NC ND NH NJ NM NY OR PA RI SC TN UT VA WA WV WI X Tracy Terrill 2628785620 1805 Fifteenth Avenue Union Grove WI 53182 Tracy Terrill President 1.00 40.00 X X 0 90213 53518 Scott Huedepohl Director, Chairman 1.00 1.00 X X 0 0 0 John Anderson Chairman (part year) 1.00 1.00 X X 0 0 0 John Matthiesen Director, Treasurer 1.00 1.00 X X 0 0 0 Janis Hansen Treasurer (part year) 1.00 X X 0 0 0 Jessica Braeger Director 1.00 1.00 X 0 0 0 Dave Fantl Director 1.00 1.00 X 0 0 0 Bill Lodewyk Director 1.00 1.00 X 0 0 0 Paul Wilken Director 1.00 1.00 X 0 0 0 Dennis Vanden Heuvel Director 1.00 X 0 0 0 0 90213 53518 0 0 0 0 0 2153319 94808 2153319 23414 23414 343712 343333 379 379 379 2177112 0 0 23793 X 1545253 1545253 293316 293316 5247 5247 22643 22643 17180 17180 3220 3220 76834 28428 48406 508 508 45997 34958 11039 21733 21733 16278 16278 41767 41767 12694 12694 2102670 2005578 97092 0 103898 9709 7658 2393395 2166218 1019055 834407 3524006 3010334 0 0 X 1412941 1127819 2111065 1882515 3524006 3010334 3524006 3010334 X 74442 -403466 -184648 X 0 1 X 1 0 X X 1 Shepherds Baptist Ministries Inc 390988997 2 1 1545253 0 1 1545253 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part II Shepherds Foundation, Inc. has determined that, notwithstanding its classification as an organization described in section 509(a)(3), it nonetheless meets the public support test applicable to organizations described in section 170(b)(1)(A)(vi) and is therefore permitted to use the first special rule listed on page 1 of Schedule B in determining the threshold for listing donors on Schedule B, Part I. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 2189645 106999 -284905 13547 1998192 1781270 87854 396464 75943 2189645 1216496 484873 86996 7095 1781270 1202650 42036 78502 106692 1216496 1024486 136939 93995 52770 1202650 0.75306 0.24694 0 0 0 Beneficial interest in third party trust 834407 834407 Part III, Line 4: During the tax year ended 06/30/13, the organization received a donation of original King James Bibles. In fiscal year 2021, the organization wrote off the net book value of this donation. However, the organization still intends to either sell or donate the Bibles. Part V, Line 4: The Foundation holds the endowment for the purpose of supporting the mission of Shepherds Baptist Ministries, Inc. Income on the endowment principal is to be used for the most urgent needs of the ministry as recommended by administration and approved by the Board of Directors. The permanently restricted endowment is to be used to support the educational and religious purposes of Shepherds Baptist Ministries, Inc. The third endowment fund is to be used to provide scholarships for needy and qualified students attending Shepherds College. 1 Shepherds Baptist Ministries Inc 1805 Fifteenth Ave Union Grove WI 53182 390988997 501(c)(3) 1545253 0 Ministry support 1 0 Part I, Line 2: The Foundation exists to support Shepherds Baptist Ministries, Inc. Grants are made for such assistance. The Foundation relies on its board of directors and on the board of Shepherds Baptist Ministries, Inc. a related organization, to monitor the use of funds and ensure they are used for the intended purpose. X 4 94808 Selling cost 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part V, Line 2a Staff are compensated by a related organization, Shepherds Baptist Ministries, Inc. Shepherds Baptist Ministries, Inc. files all required payroll information returns as required by the IRS. As such, due to common paymaster rules as instructed by the IRS, the number of employees reported represent the number of employees who work for the filing organization but are compensated by a related organization. Form 990, Part VI, Section A, line 6 Shepherds Baptist Ministries, Inc. is the sole member of Shepherds Foundation, Inc. Form 990, Part VI, Section A, line 7a Shepherds Baptist Ministries, Inc. elects the members of the Board of Directors of Shepherds Foundation Inc. Form 990, Part VI, Section B, line 11b The Form 990 is prepared and reviewed by an independent CPA firm, reviewed in detail and approved by certain members of the organization's board and management, and a final copy of the reviewed return is presented to the full board before filing with the IRS. Form 990, Part VI, Section B, line 12c Board members and officers are required to disclose potential conflicts on an annual basis. The Board Chairman and Board Secretary monitor the process. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The organization does not compensate any officers or key employees. Therefore, these lines were answered "no" in accordance with the instructions. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request. Form 990, Part IX, Column (b), Program service expenses As a supporting organization, the exempt purpose of the organization is to raise funds and support the ministry of Shepherds Baptist Ministries, Inc. (SBM). Therefore, fundraising expenses equal to $460,325 have been reported in Column (b), Program service expenses, on the functional expense statement as it is the "program" of the organization to raise funds for SBM. The Management and general expenses equal to $97,092 have been reported in Column (c) on the functional expense statement as these are determined to be the "administrative" expenses of the organization. Form 990, Part XI, line 9: Change in value of beneficial interests -184,648. Shepherds Baptist Ministries Inc 1805 Fifteenth Avenue Union Grove WI 53182 390988997 Educate and train students with intellectual and developmental disabilities WI 501(c)(3) Line 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0