2024-10-21T11:52:10-07:00 2024-06-30 990 2023-07-01 862914694 FOUNDRY TRAINING GROUP FOUN 6167992083 1226 Union Ave NE Grand Rapids MI 49505 Jeff Fisher Treasurer 6162589167 2024-10-24 1 2023 2024-10-15 13:58:12Z The Foundry Sarah Behm 7800 Robertson Run Rockford MI 49341 273768 0 X www.thefoundrygr.org X 2021 MI To support and strengthen church leaders at every level with biblical and practical training. The Foundry offers a variety of learning communities that make theological education and ministry training accessible to churches and their leaders. 3 3 3 6 0 0 152703 171949 97268 101819 0 0 0 0 249971 273768 429 400 0 0 225703 236633 0 0 37133 33541 48726 259673 285759 -9702 -11991 47093 36230 855 1783 46238 34447 To strengthen and support church leaders at every level with biblical and practical training. The Foundry provides a variety of learning communities for pastors, ministry staff, lay leaders, and others in or exploring ministry. 0 0 126069 82000 Institute of Ministry Leadership - The Foundry offers seminary-level training on site and packaged in a sustainable rhythm. Our church-centered model focuses on ministry-related outcomes in participants' current ministry context, connecting course learning with the real-life ministry happening in the local church. For FY2023, The Foundry continued the 2-year course cycle in Kalamazoo, MI and in Zeeland, MI and contracted with two new learning communities in Grand Rapids, MI that start at the beginning of FY2023. Cohorts range in size from 10 to 30 participants, drawing from at four to eight different churches each. 3926 2500 Ministry Formation Cohort - The Foundry's ministry formation cohorts focus on equipping leaders for ministry in a way that is church-centered and learns in community. Our ministry formation cohorts are for those who are actively serving in some capacity in their church or ministry context, whether as pastors, staff leaders, or lay leaders interested in being further equipped for ministry. This fiscal year, the Foundry offered a learning cohort for 4 months with 5 participants growing in character and skill. 7546 7250 Customized Workshops and Training - The Foundry offers workshops where leaders and congregations can be trained in a variety of areas, including biblical and theological training, spiritual formation, and church leadership. This year, The Foundry worked with several churches and ministries to provide them with training on specific topics. These varied in format, with some being weekend workshops, multiple days in one week, or multiple times over the course of several months. 10901 6900 Multi-Church Lay Leader Training - The Foundry's lay leadership training offers equipping for elders, deacons, ministry staff, and other lay leaders with a focus on four broad categories: Character: Spiritual and Emotional Health Knowledge: Bible, Theology, Polity Skills: Listening, Care, Teaching Responsibilities: Leadership, Discipleship, Worship. This year, we offered this training in a multi-church format three times (January, May, and October). For each of these workshops, 5 to 8 different churches participated with multiple people from each church for a range of 25 to 75 participants per workshop. 1025 3168 Spiritual Direction - The Foundry offers spiritual direction as a means to strengthen and support church leaders. Directees pay per session and typically meet on a monthly basis. The number of those receiving spiritual direction has increased since we began offering this program service. 11926 0 10068 149467 1 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 0 1 0 0 0 0 0 0 0 0 0 0 0 1 3 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 MI X X X Foundry Training Group 6167992083 1226 Union Ave NE Grand Rapids MI 49505 Branson Parler Director of Theological Education 40 15 X X 57896 16000 20728 Jeff Fisher Director of Spiritual Formation 40 10 X X 47974 2250 30650 Sarah Behm Director of Operations, President 40 10 X X 43680 0 0 149550 18250 51378 0 0 0 0 0 0 3000 0 0 0 168949 0 171949 Institute of Ministry Leadership 611430 82000 82000 0 0 Customized Church and Ministry Training 611430 7250 7250 0 0 Multi-Church Leaders Training 611430 6900 6900 0 0 Ministry Formation Cohort 611430 2500 2500 0 0 Spiritual Direction 813110 3169 3169 0 0 0 0 0 0 101819 0 0 0 0 0 0 273768 101819 0 0 X 400 400 224536 130507 60195 33834 12097 7016 3266 1815 61 61 31900 1900 30000 1181 295 650 236 795 415 380 4583 1848 2391 344 3644 3644 1384 1384 562 562 Books and Teaching Resources 221 169 52 0 Transaction Fees for Online Payments 1305 870 217 218 Meals, Snacks, Food for Meetings 3090 1019 1385 686 285759 149467 99159 37133 37288 35975 5 5 9800 250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 47093 36230 855 908 0 0 0 0 0 0 0 0 0 0 0 0 0 0 875 855 1783 X 46238 34447 0 0 46238 34447 47093 36230 -11991 0 0 0 200 0 X 0 0 0 X 44875 153284 152702 171949 522810 0 44875 153284 152702 171949 522810 381353 141457 522810 101819 X 0 Michigan State and Local Taxes 875 875 Discovery Coaching Contributor 30000 Gift was provided to offset this cost for coaching and certification training in coaching 0 Form 990, Part VI, Section B, Line 11b Upon completion of the draft of Form 990 and its attachment, the Treasurer presented the document to the other officers along with the corresponding Financial Statements, and explained each of the financial sections and the relevant questions that impacted current and future decision-making. The board asked for an update on the public support ratios and reviewed any potential conflicts of interest. Form 990, Part VI, Section B, Line 12c The officers again noted and discussed possible conflicts of interest, particularly with family members who work in the same general field. One contracting situation came to a completion, not because of any conflict of interest, but based on time and compensation factors. In every case, the board notes in its minutes the reasons for the potential conflict of interest and why it would or would not make sense for us to work with and exchange funds for services provided by certain family members. Form 990, Part VI, Section B, Line 15 In our first fiscal year (2021), the Treasurer consulted compensation data, institutional tax forms, and other sources from similar organizations to calculate a reasonable and fair compensation scale for Professor positions and the Director of Operations position. These were approved by the board in June 2021. In June 2022, the board approved a cost-of-living process that would annual increase by no less than 1% and no more than 5% based on the May-to-May Consumer Price Index. The compensation for the next fiscal year was adjusted based on this decision with a 3.3% COLA. Form 990, Part VI, Section C, Line 19 In addition to sharing this information with anyone who requests it, The Foundry makes its governing documents, annual financial statements, and other relevant non-profit documents available to the public on our own website at https://www.thefoundrygr.org/donate and on the Guidestar website at https://www.guidestar.org/86-2914694. The conflict of interest document is available by request, digitally or printed by contacting our Director of Operations or treasurer. Form 990, Part IX, Line 11g $1900 was paid to non-employee contractors to teach courses. A contribution in the amount of $30,000 was given to The Foundry to offset the expense of a year of receiving coaching and training to be certified in coaching. Both elements of the coaching process are recorded as a management and general expense.