SLCF Inc

Nonprofit profile at a glance

EIN
883871732
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
West Lafayette, IN, USA
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$934,534
Expenses
$904,738
Assets
$376,292
Liabilities
$244,433

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Chad Moore (Executive Director)

Highest reported compensation

  • Chad Moore (Executive Director): $30,800 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

SLCF, Inc. is dedicated to the cause of the Christian faith, to the observance of Gods principles in our daily lives as found in Gods word, the Bible, and to the encouragement and service of domestic and international students and scholars on the campus of Purdue University.

What it reported doing in 2024

SLCF, Inc. is dedicated to the cause of the Christian faith, to the observance of Gods principles in our daily lives as found in Gods word, the Bible, and to the encouragement and service of domestic and international students and scholars on the campus of Purdue University. We are an organization which is affiliated with Kossuth Street Baptist Church, Incorporated in Lafayette, Indiana. The expressed purpose of this organization is to serve the spiritual, emotional, intellectual, physical and moral needs of students; to provide pastoral counseling; to make available literature explaining our faith; and to provide fellowship and wholesome recreation to all Purdue students. Without limitation of the foregoing, it is more specifically organized for the purpose of serving Purdue students and scholars in various practical ways to promote the mission of the corporation.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Accountability: 79
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.3%; rating input score 94
  • Program expense ratio: 98.3%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.2%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.65; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 3.4%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 57% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 50.3% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 22.1% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 94.3% of revenue deployed · 98.3% of spending went to programs
  • Governance: 6 of 6 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $889K in reported program spending
  • Leadership: top reported pay $31K · 6 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.