2024-05-10T15:56:14-05:00 2023-12-31 450250958 EIDE BAILLY LLP 345 N REID PL STE 400 SIOUX FALLS SD 571037034 990 2023-01-01 881810650 LUTHER HOUSE OF STUDY LUTH 6053665408 2100 S SUMMIT AVE SIOUX FALLS SD 571052729 SARAH STENSON CEO 6053665408 2024-05-10 1 SARAH STENSON 999009999 0 LAURIE HANSON CPA P00851848 6053391999 2024-05-10 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z SARAH STENSON 2100 S SUMMIT AVE SIOUX FALLS SD 571052729 1070106 0 X WWW.LUTHERHOUSEOFSTUDY.ORG X 2022 SD STRENGTHENING LUTHERAN LEADERSHIP AND MINISTRIES. 5 4 3 5 0 0 823102 1049382 213 600 2610 8328 0 0 825925 1058310 9600 33050 0 0 299742 463119 0 0 9654 141914 405810 451256 901979 374669 156331 381427 574042 3871 18523 377556 555519 GROUNDED IN LUTHERAN THEOLOGY, WE STRENGTHEN LUTHERAN LEADERSHIP AND MINISTRIES FOR THE PROCLAMATION OF THE GOSPEL. 0 0 795822 33050 600 WE EDUCATE FUTURE MINISTRY STUDENTS AND LAY LEADERS, AND WE SUPPORT CURRENT MINISTRY PROFESSIONALS THROUGH CLASSES, ONE TIME CONFERENCE EVENTS, AND WEEKLY PODCASTS. 140+ PASTORS SUPPORTED; 95 CURRENT STUDENTS BEING TRAINED TO BE PASTORS; 150+ LAY LEADER PARTICIPANTS; ON AVERAGE 700-1000 WEEKLY PODCAST LISTENERS 795822 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 X SARAH STENSON 6042744808 2100 S SUMMIT AVE SIOUX FALLS SD 571052729 RYAN GAGE CHAIR & TREASURER 0.10 X X 0 0 0 MIRIAM BROIN VICE CHAIR 0.10 X X 0 0 0 CHRISTOPHER CROGHAN SECRETARY/CHIEF ACADEMIC OFFICER 40.00 X X 64145 0 33599 ROBERT O'CONNOR DIRECTOR (BEG MAY) 0.10 X X 0 0 0 JESSE FONKERT DIRECTOR (BEG MAY) 0.10 X X 0 0 0 SARAH STENSON CHIEF EXECUTIVE OFFICER 40.00 X 71526 0 23599 135671 0 57198 0 0 0 0 0 1049382 1049382 COURSE WORK INCOME 900099 600 600 600 7230 7230 12894 11796 1098 1098 1098 1058310 600 0 8328 33050 33050 192869 159051 24175 9643 225399 225399 12560 12560 31807 31807 484 445 28 11 2308 2308 66572 66572 31907 31907 13469 13469 9918 9918 32671 32671 3420 3420 PROGRAM CONTENT 240048 240048 HOSPITALITY 5497 5497 901979 795822 96503 9654 280829 206908 3536 1776 97062 365358 381427 574042 3871 18523 3871 18523 X 0 0 0 0 377556 555519 377556 555519 381427 574042 156331 21632 0 X X 0 0 0 X 823102 1049382 1872484 823102 1049382 1872484 1872484 1032 7230 8262 1880746 813 X SCHEDULE A PART II THE 2022 COLUMN IS FOR THE INITIAL, SHORT YEAR OF THE ORGANIZATION. THIS COLUMN REPRESENTS THE PERIOD APRIL 13, 2022 THROUGH DECEMBER 31, 2022. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 NORTH AMERICAN BAPTIST SEMINARY DBA KAIROS UNIVERSITY 2100 SOUTH SUMMIT AVENUE SIOUX FALLS SD 57105 460237098 501(C)(3) 25400 0 SCHOLARSHIPS FOR INTERNATIONAL SEMINARY STUDENTS EMMANUAL ACADEMIES INC 777 MOORING LINE DRIVE NAPLES FL 34102 820745770 501(C)(3) 7650 0 REIMBURSE STUDENT EXPENSES 2 0 PART I, LINE 2: SCHOLARSHIPS ARE PROVIDED TO KAIROS UNIVERSITY FOR INTERNATIONAL STUDENTS WHO HAVE SUCCESSFULLY COMPLETED A SPECIFIC COURSE AND ARE IN THE LUTHER HOUSE OF STUDY CURRICULUM. KAIROS UNIVERSITY DETERMINES WHO WILL RECEIVE THE SCHOLARSHIPS, AND INVOICES LUTHER HOUSE OF STUDY ON A MONTHLY BASIS FOR EACH STUDENT MEETING THE CRITERIA. LHS PROVIDED SUPPORT TO EMMANUEL ACADEMY BASED ON AN INVOICE RECEIVED FOR EXPENSES INCURRED FOR 11 INTERNATIONAL STUDENTS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES ABLE TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE CEO REVIEWS THE 990 AND PROVIDES A COPY TO THE BOARD FOR THEIR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS WILL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. NO DIRECTOR WILL VOTE ON ANY MATTER, UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH SUCH DIRECTOR HAS A CONFLICT OF INTEREST, AND MAY SPEAK ON THE MATTER ONLY WITH THE PERMISSION OF THE CHAIR OF THE BOARD. THE MINUTES OF SUCH MEETING WILL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE DIRECTOR, HAVING A CONFLICT OF INTEREST, ABSTAINED FROM VOTING. THE MINUTES OF MEETINGS AT WHICH SUCH VOTES ARE TAKEN WILL RECORD SUCH DISCLOSURE, ABSTENTION, AND RATIONALE FOR APPROVAL. ANY DIRECTOR WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD TO RESOLVE THE QUESTION BY A MAJORITY VOTE. FORM 990, PART VI, SECTION B, LINE 15A BECAUSE ALL CURRENT FULL-TIME LUTHER HOUSE OF STUDY EMPLOYEES ARE ORDAINED, THE STANDARD OF ROSTERED MINISTER GUIDELINES WAS USED TO HELP DETERMINE COMPENSATION AND BENEFITS. USE OF THIS STANDARD AND COMPENSATION LEVELS WERE APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 IT IS MADE AVALIABLE UPON REQUEST. FORM 990, PART XII, LINE 1 THE ORGANIZATION INCORRECTLY MARKED THE CASH METHOD OF ACCOUNT ON ITS 2022 TAX RETURN. THE CORRECT METHOD OF ACCRUAL HAS BEEN MARKED FOR 2023.