CENTRAL BAPTIST CHURCH FOUNDATION

EIN: 474531982 501(c)(3) Religion

SIOUX FALLS, SD

Total Revenue
$478,558
Total Expenses
$450,412
Total Assets
$406,518
Net Assets
$406,518
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
SD
Principal Officer
SCOTT A WEELDREYER
Tax Period
2024-08-01 to 2025-07-31

CENTRAL BAPTIST CHURCH FOUNDATION, founded in 1991, is a small nonprofit in the Religion sector that reported $479K in total revenue in fiscal year 2024. Revenue surged 1391% from the prior year, signaling strong growth momentum. Expenses of $450K left a modest 6% surplus.

Mission

AS A 509(A)(3) TYPE I SUPPORTING ORGANIZATION ITS MISSION IS TO RECEIVE INTER VIVOS GIFTS AND TESTAMENTARY BEQUESTS AND TO APPLY THEM EXCLUSIVELY FOR THE BENFIT OF CENTRAL BAPTIST CHURCH.

Program Service Accomplishments

Program 1
Expenses: $433,578

PROCESSING AND LIQUIDATING NON-CASH GIFTS GIVEN TO CENTRAL BAPTIST CHURCH TO SUPPORT ITS MISSION AND PROGRAMS. THE CHURCH SERVES MORE THAN 3,000 PERSONS AT ITS WEEKEND SERVICES AND MORE THAN 600...

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PROCESSING AND LIQUIDATING NON-CASH GIFTS GIVEN TO CENTRAL BAPTIST CHURCH TO SUPPORT ITS MISSION AND PROGRAMS. THE CHURCH SERVES MORE THAN 3,000 PERSONS AT ITS WEEKEND SERVICES AND MORE THAN 600 YOUTH DURING THE WEEK.

Program 2
Expenses: $10,518

ADMINISTRATION OF TWO MEMORIAL FUNDS ESTABLISHED TO BENEFIT THE CHURCH'S YOUTH AND ITS COLLEGE AND CAREER MINISTRY, WITH THE GOAL OF TEACHING YOUNG PEOPLE THE FUNDAMENTALS OF CHRIST'S TEACHINGS.

Program 3
Expenses: $6,316

ADMINISTRATION OF THE FOLLOWING CHURCH ENDOWMENTS: ENDOWMENT TO PROVIDE LOANS TO SEMINARY STUDENTS, AN ENDOWMENT TO PROVIDE INCOMING CHURCH STAFF WITH HOUSING BRIDGE LOANS AND A GENERAL ENDOWMENT TO...

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ADMINISTRATION OF THE FOLLOWING CHURCH ENDOWMENTS: ENDOWMENT TO PROVIDE LOANS TO SEMINARY STUDENTS, AN ENDOWMENT TO PROVIDE INCOMING CHURCH STAFF WITH HOUSING BRIDGE LOANS AND A GENERAL ENDOWMENT TO SUPPORT THE CHURCH'S MISSION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $443,305
Program Service Revenue $0
Investment Income $35,253
Other Revenue $0
TOTAL REVENUE $478,558

Expense Breakdown

Grants Paid $447,926
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $450,412
Other Expenses $2,486
TOTAL EXPENSES $450,412

Year-over-Year Comparison

2024 2023 Change
Revenue $478,558 $32,105 +13.9%
Expenses $450,412 $12,780 +34.2%
Net Income $28,146 $19,325 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVAN ANEMA MEMBER 1.00
Director
$0 $0 $0
DARRELL BARTELL VICE PRESIDE 1.00
Director
$0 $0 $0
JOHN HIATT SECRETARY 1.00
Officer Director
$0 $0 $0
ROBIN HOUWMAN MEMBER 1.00
Director
$0 $0 $0
FREDERICK G MEYER PRESIDENT 1.00
Officer Director
$0 $0 $0
KIM OTTEN SECRETARY 1.00
Officer Director
$0 $0 $0
SCOTT A WEELDREYER TREASURER 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $478,558 $450,412 $406,518 $28,146
2024 $32,105 $12,780 $372,115 $19,325
2023 $204,713 $25,557 $327,995 $179,156
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