Nonprofit · EIN 31-1512682
IN HIS STEPS FOUNDATION
Tax-exempt · INDEPENDENCE, OH 44131
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,875,353 | $8,515,378 | -$640,025 | $45,389,579 | $5,339,311 | $40,050,268 |
| December 31, 2023 | 990 | $8,319,605 | $19,846,145 | -$11,526,540 | $44,171,063 | $5,857,858 | $38,313,205 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,788,463
- Program service revenue
- $0
- Investment income
- $2,910,505
- Royalties
- $176,385
- Net gain from sales of assets
- $2,210,876
- Other revenue
- $176,385
Expenses
- Grants and similar amounts paid
- $7,892,184
- Compensation of officers, directors and key employees
- $151,860
- Other salaries and wages
- $90,233
- Salaries, compensation and benefits (total)
- $320,100
- Professional fundraising fees
- $0
- Legal fees
- $12,000
- Accounting fees
- $7,988
- Travel
- $6,967
- Depreciation
- $275
- Program services (functional)
- $8,261,364
- Management and general (functional)
- $222,462
- Fundraising (functional)
- $31,552
Balance sheet and other
- Total assets, start of year
- $44,171,063
- Total assets, end of year
- $45,389,579
- Total liabilities, end of year
- $5,339,311
- Net assets, end of year
- $40,050,268
- Publicly traded securities
- $42,227,463
- Net assets without donor restrictions
- $40,050,268
- Gross receipts
- $13,086,127
- Employees
- 3
- Volunteers
- 19
- Year formed
- 1997
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BENJAMIN LEE | PRESIDENT Officer | 40 | $140,000 | $11,860 |
| MARK ALDER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROLYN BECKETT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT DAVIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN DUROSS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TIM GEISSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JERRY PETEK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN WARNER | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BENJAMIN LEE | PRESIDENT Officer | 40 | $134,384 | $13,160 |
| MARK ALDER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROLYN BECKETT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT DAVIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN DUROSS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TIM GEISSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JERRY PETEK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN WARNER | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALICE HITCHCOCK | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6801 BRECKSVILLE RD STE 250, INDEPENDENCE, OH 44131-5032
- In care of
- % BRIAN MORGAN
- Principal officer (990 for 2024)
- BENJAMIN LEE, PO BOX 31750, INDEPENDENCE, OH 44131
- Signed the 990
- BENJAMIN LEE, PRESIDENT
- Phone
- (330) 528-1785
- Website
- IHSFOUND.ORG
- Return prepared by
- MALONEY NOVOTNY LLC
Mission
TO ENCOURAGE AND TEACH CHRISTLIKE STEWARDSHIP WHICH BECOMES THE BASIS FOR PERSONAL GIVING AND ESTATE PLANNING; TO ALSO PROVIDE A PRUDENTLY MANAGED REPOSITORY FOR CAPITAL, INVESTED FOR THE PURPOSE OF DISTRIBUTION TO MINISTRIES PROCLAIMING THE GOSPEL OF JESUS CHRIST AND FOR OTHER CHARITABLE PURPOSES.
Program accomplishments
- SEE SCHEDULE O HELP PEOPLE DISCOVER GODS PLAN OF STEWARDSHIP FOR THEIR WEALTH AND IMPLEMENT THAT PLAN THROUGH UTILIZING ALL THE BENEFITS OF A LOW-COST PUBLIC FOUNDATION DEDICATED TO HELPING OTHERS MINISTRIES. HELP FAMILIES START AND USE A FAMILY FOUNDATION FUND FOR CHRISTIAN PHILANTHROPY. HELP CHURCHES AND MINISTRIES START AND GROW AN ENDOWMENT FOR THEIR FUTURE STABILITY. GROW OUR INVESTMENTS USING CAREFULLY SELECTED PROFESSIONAL FINANCIAL ADVISORS SUPERVISED BY THE INVESTMENT COMMITTEE. ANNUALLY MAKE GRANTS FROM OUR GENERAL FUND TO CAREFULLY SELECTED N.E. OHIO CHRISTIAN MINISTRIES. EQUIP GODS PEOPLE IN BIBLICAL STEWARDSHIP THROUGH TEACHING, PUBLIC MEETINGS, AND PRIVATE COUNSELING. OFFER AND ADMINISTER PLANNED FUTURE GIFTS THAT PROVIDE CURRENT TAX-WISE BENEFITS TO DONORS. PARTNER WITH LIKE-MINDED LEGAL, CHRISTIAN FOUNDATIONS, AND OTHER COLLABORATIVE RESOURCES FOR MUTUAL ENRICHMENT.Expenses $8,261,364 · grants $7,892,184
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1512682
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T700)
- Assets (IRS master file)
- $45,389,579
- Income (IRS master file)
- $13,086,127
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,875,353 | $8,515,378 | $45,389,579 | XML |
| 990 | December 2023 | $8,319,605 | $19,846,145 | $44,171,063 | XML |
| 990 | December 2022 | $16,754,413 | $9,868,047 | $51,823,951 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about IN HIS STEPS FOUNDATION
- What is the EIN of IN HIS STEPS FOUNDATION?
- The employer identification number (EIN) of IN HIS STEPS FOUNDATION is 31-1512682.
- Is IN HIS STEPS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to IN HIS STEPS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IN HIS STEPS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IN HIS STEPS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IN HIS STEPS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of IN HIS STEPS FOUNDATION?
- The 990 for the year ended December 31, 2024 names BENJAMIN LEE.
- Who are the officers and directors of IN HIS STEPS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $140,000 (BENJAMIN LEE, PRESIDENT).
- How much revenue does IN HIS STEPS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,875,353, expenses of $8,515,378 and total assets of $45,389,579 at year end.
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