FARGO, ND
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Sign In — Free (10 views/day)3535 FOUNDATION, founded in 2022, is a small nonprofit in the Religion sector that reported $657K in total revenue in fiscal year 2024. The organization ran a surplus of $276K, a strong 42% operating margin.
THE 3535 FOUNDATION EXISTS TO SUPPORT AND PROMOTE THE MINISTRY OF THE COMMUNITY BAPTIST CHURCH AND OTHER CONFESSIONALLY REFORMED AND BAPTISTIC CAUSES. WE INTEND TO DO THIS THROUGH PROMOTIONAL, EDUCATIONAL, AND OTHER ACTIVITIES THAT SUPPORT THE RELIGIOUS CONVICTIONS STATED ABOVE THAT ALIGN WITH THE RELIGIOUS CONVICTIONS OF THE COMMUNITY BAPTIST CHURCH OF FARGO.
CONFERENCES - IN 2024, THE 3535 FOUNDATION ORCHESTRATED TWO PRESTIGIOUS CONFERENCES, EACH DESIGNED TO ELEVATE THE FOUNDATION'S MISSION WITHIN THE REFORMED BAPTIST COMMUNITY. THESE EVENTS OFFERED A...
CONFERENCES - IN 2024, THE 3535 FOUNDATION ORCHESTRATED TWO PRESTIGIOUS CONFERENCES, EACH DESIGNED TO ELEVATE THE FOUNDATION'S MISSION WITHIN THE REFORMED BAPTIST COMMUNITY. THESE EVENTS OFFERED A UNIQUE PLATFORM FOR INFLUENTIAL LEADERS IN THE CHURCH AND ACADEMIA TO ENGAGE, DELIBERATE, AND DEEPEN THEIR UNDERSTANDING OF THE FOUNDATION'S VISIONARY OBJECTIVES.BOSTON CONFERENCE (APRIL 20-24, 2024)LOCATION: BOSTON, MASSACHUSETTS- PURPOSE: TO UNVEIL THE MISSION AND PURPOSE OF THE 3535 FOUNDATION TO KEY REFORMED BAPTIST LEADERS.- PARTICIPANTS: 12 DISTINGUISHED MEN FROM VARIOUS PARTS OF THE COUNTRY WERE INVITED.- FOCUS AREAS: PUBLISHING OF RARE AND SCHOLARLY WORKS CONFERENCES WITH INTERNATIONAL SPEAKERS SCHOLARSHIPS FOR SEMINARY AND POST-GRADUATE WORK AT ELITE INSTITUTIONS CHURCH PLANTING INITIATIVES IN UNDERSERVED COMMUNITIESHIGHLIGHTS:- THE FOUNDATION'S VISION AND KEY ACTIVITIES WERE PRESENTED, ACCOMPANIED BY AN EXTENSIVE Q&A SESSION.- DISTRIBUTION OF EXCLUSIVE LITERATURE ON THE 17TH CENTURY PARTICULAR BAPTIST HISTORY.- A LECTURE BY DR. CHAD VAN DIXHOORN ON 17TH CENTURY ECCLESIASTICAL DEBATES IN LONDON, WITH A FOCUS ON THEIR IMPACT ON MODERN THEOLOGY.- A VIBRANT AND COLLEGIAL ATMOSPHERE WITH NUMEROUS OPPORTUNITIES FOR BOTH FORMAL AND INFORMAL DISCUSSIONS.- A STRONG EMPHASIS ON ADVANCING REFORMED BAPTIST CAUSES THROUGH LOCAL CHURCHES RATHER THAN INSTITUTIONS, WITH PRACTICAL STRATEGIES SHARED.FUTURE PLANS:- CONTINUED USE OF BOSTON AS A STRATEGIC LOCATION TO PROMOTE THE FOUNDATION.- ENHANCING NETWORKING OPPORTUNITIES BETWEEN REFORMED BAPTIST LEADERS AND ACADEMIC SCHOLARS, INCLUDING INTERNATIONAL EXCHANGES.FARGO CONFERENCE (AUGUST 13-15, 2024)LOCATION: FARGO, NORTH DAKOTA- GOALS: TO INCREASE AWARENESS OF THE FOUNDATION TO GATHER REFORMED BAPTISTS FROM DIVERSE BACKGROUNDS TO INITIATE TEACHINGS ON 1689 ECCLESIOLOGY, WITH A MODERN APPLICATION PERSPECTIVEHIGHLIGHTS:- DESPITE A LATE REGISTRATION, A ROBUST NUMBER OF ATTENDEES PARTICIPATED.- POSITIVE FEEDBACK FROM CONFERENCE REVIEW FORMS, HIGHLIGHTING THE ENRICHING EXPERIENCE.- KEYNOTE SPEAKERS INCLUDED DR. JAMES RENIHAN AND DR. CHAD VAN DIXHOORN, FOCUSING ON THE HISTORICAL CONTEXT OF THE 17TH CENTURY ECCLESIASTICAL DEBATES AND THEIR RELEVANCE TODAY.- DISTRIBUTION OF EXCLUSIVE LITERATURE SUCH AS THE PSALTER, PSALMS FOR WORSHIP, AND KEY WORKS BY MATTHEW BINGHAM AND OTHERS, WITH ACCOMPANYING STUDY GUIDES.
CHURCH PLANTING - THIS YEAR THE FOUNDATION WAS ABLE TO SUPPORT THE BOZEMAN REFORMED BAPTIST CHURCH IN BOZEMAN MONTANA. (HTTPS://BOZEMANRBC.ORG) THE ASSISTANCE GIVEN (60K) MADE UP CLOSE TO HALF OF...
CHURCH PLANTING - THIS YEAR THE FOUNDATION WAS ABLE TO SUPPORT THE BOZEMAN REFORMED BAPTIST CHURCH IN BOZEMAN MONTANA. (HTTPS://BOZEMANRBC.ORG) THE ASSISTANCE GIVEN (60K) MADE UP CLOSE TO HALF OF THEIR BUDGETARY NEEDS FOR THE YEAR. THE BOARD ALSO APPROVED 50K FOR 2025 TO CONTINUE SUPPORTING THEM AS THEY GROW AND EVENTUALLY ARE 100% SELF-SUSTAINING. THE FOUNDATION MET IN OCTOBER OF 2024 TO ALSO APPROVE ASSISTANCE (40K) FOR FELLOWSHIP BAPTIST CHURCH OF SIDNEY MONTANA. THIS MONEY WAS NEEDED TO PAY THEIR NEW PASTOR AS THE CHURCH SEEKS TO GROW AND BECOME SELF-SUSTAINING IN THE NEXT 3 YEARS. BEING RELATIVELY NEW, THE FOUNDATION HAS ONLY APPROVED SUPPORT FOR THESE TWO CHURCHES AND THE CUBAN MINISTRY, THUS FAR. THERE ARE NOW MULTIPLE WORKS CURRENTLY UNDER CONSIDERATION THAT WILL BE VOTED ON AT THE START OF THE NEW YEAR. A REFORMED BAPTIST CHURCH PLANT IN WATSONVILLE, CA.A REFORMED BAPTIST CHURCH PLANT IN BOSTON, MACHURCH ASSISTANCE FOR A REFORMED BAPTIST CHURCH IN TUCSON, AZ
EDUCATION SUPPORT -THERE ARE CURRENTLY TWO SCHOLARSHIP PROGRAMS ON OFFER, THE PHD SCHOLARSHIP AND THE MDIV SCHOLARSHIP. THE PHD SCHOLARSHIP PROGRAM ALSO OFFERS A BRIDGE PROGRAM TO ASSIST OTHERWISE...
EDUCATION SUPPORT -THERE ARE CURRENTLY TWO SCHOLARSHIP PROGRAMS ON OFFER, THE PHD SCHOLARSHIP AND THE MDIV SCHOLARSHIP. THE PHD SCHOLARSHIP PROGRAM ALSO OFFERS A BRIDGE PROGRAM TO ASSIST OTHERWISE QUALIFIED INDIVIDUALS THAT INTEND TO PURSUE A PHD BUT NEED SOME ADDITIONAL EDUCATION TO COMPLETE QUALIFICATION REQUIREMENTS. SO FAR, WE HAVE SEEN MOST INTEREST COME THROUGH THE PHD PROGRAM. DURING 2024 THERE WERE 12 APPLICATIONS RECEIVED, 10 WERE FOR PHD AND 2 WERE FOR MDIV. THE FOUNDATION APPROVED 5 OF THE APPLICATIONS WITH 3 STILL UNDER CONSIDERATION AT THE END OF THE YEAR. THERE WERE 5 ADDITIONAL INQUIRIES THAT HAVE NOT YET LED TO AN APPLICATION.THE SCHOLARSHIP RECIPIENTS VARY GREATLY IN THEIR FIELD OF STUDY, BUT ALL SHOW GREAT GIFTEDNESS. IT IS OUR BELIEF THAT THE RECIPIENTS SHOW GENUINE PROMISE TO BE LEADERS IN CHURCHES AND SEMINARIES AND A POSITIVE THEOLOGICAL INFLUENCE FOR MANY YEARS TO COME.THE TOTAL BUDGET FOR 2024 WAS $125,000, WHILE APPROXIMATELY $69,000 WAS EXPENDED DURING THE YEAR. FOR 2025, APPROXIMATELY $75,000 IS ALREADY COMMITTED TO APPROVED RECIPIENTS. ADDITIONALLY, SEVERAL APPLICATIONS ARE STILL UNDER CONSIDERATION, AND IT IS OUR HOPE THAT WE WILL SEE A STEADY INCREASE OF APPLICANTS DURING THE NEW YEAR.THE AREAS OF STUDIES FOR THE SCHOLARS WE ARE SUPPORTING ARE SUMMARIZED BELOW-CLASSICAL THEOLOGY SECOND LONDON BAPTIST CONFESSION OF FAITH CHAPTERS 2,3 AND 8-BAPTIST CATHOLICITY AND THEOLOGICAL RECEPTION-DOCTRINE OF THE ETERNAL RELATIONS OF ORIGIN IN THE TRINITY-PSALMODY-BONAVENTURE'S THEOLOGY OF CONTEMPLATION
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $656,650 | N/A | N/A |
| Expenses | $380,391 | N/A | N/A |
| Net Income | $276,259 | $0 | N/A |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DOUGLAS VANDERMEULEN | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL BEATTY | SECRETARY | 5.00 |
Officer
Director
|
$14,976 | $0 | $14,976 |
| CHRIS BRUCKS | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATT DAVIS | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $656,650 | $380,391 | $304,392 | $276,259 |
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