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The Believers Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.22M (2024)

Expenses
$775k (2024)

Total Assets
$37.8M (2024)

Total Liabilities
$21.4k (2024)

Years with missing data
Years with multiple filings
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,216,041
Expenses
$774,754
Net Income
$441,287
Net Assets
$37,770,401
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $80,000
6.6%
Interest Revenue $0
Dividends $473,312
38.9%
Sales of Assets $330,668
27.2%
Other Income $332,061
27.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $626,996
80.9%
Compensation of Officers* $271,222
35.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $37,791,770
Total Liabilities $21,369
Net Assets $37,770,401
Compensation
Key Employees and Officers Compensation Other
Kenneth G Fuller (Vice President/Exec. Dir.) $109,904 $62,413
Stephen L Jaeb (President) $50,000 $41,040
James Smith (Director Of Word Cap) $43,750 $36,642
Joel Jaeb (Director) $3,600 $19,265
Sandra D Jaeb (Secretary/Treasurer) $0 $0

Document Links

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$681,757
Expenses
$805,912
Net Income
-$124,155
Net Assets
$32,539,448
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $433,891
63.6%
Sales of Assets $50,984
7.5%
Other Income $194,526
28.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $670,769
83.2%
Compensation of Officers* $253,870
31.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $32,553,897
Total Liabilities $14,449
Net Assets $32,539,448
Compensation
Key Employees and Officers Compensation Other
Kenneth G Fuller (Vice President/Exec. Dir.) $109,904 $59,191
James Smith (Director Of Word Cap) $85,000 $35,129
Stephen L Jaeb (President) $20,667 $43,719
Joel Jaeb (Director) $3,000 $32,389
Sandra D Jaeb (Secretary/Treasurer) $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,700,945
Expenses
$779,846
Net Income
$921,099
Net Assets
$30,071,806
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,000
0.1%
Interest Revenue $0
Dividends $407,035
23.9%
Sales of Assets $853,724
50.2%
Other Income $439,186
25.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $211,966
27.2%
Compensation of Officers* $115,904
14.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,102,490
Total Liabilities $30,684
Net Assets $30,071,806
Compensation
Key Employees and Officers Compensation Other
Kenneth G Fuller (Vice President/Exec. Dir.) $109,904 $57,847
James Smith (Director Of Word Cap) $85,000 $30,185
Stephen L Jaeb (President) $6,000 $37,202
Sandra D Jaeb (Secretary/Treasurer) $0 $0
Joel Jaeb (Director) $0 $11,131

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,190,166
Expenses
$852,982
Net Income
$337,184
Net Assets
$34,179,043
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $314,391
26.4%
Sales of Assets $731,248
61.4%
Other Income $144,527
12.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $56,818
6.7%
Compensation of Officers* $115,904
13.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $34,341,788
Total Liabilities $162,745
Net Assets $34,179,043
Compensation
Key Employees and Officers Compensation Other
Kenneth G Fuller (Vice President/Exec. Dir.) $109,904 $55,064
Stephen L Jaeb (President) $6,000 $35,979
Sandra D Jaeb (Secretary/Treasurer) $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,426,805
Expenses
$1,742,200
Net Income
$684,605
Net Assets
$29,948,520
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,111,618
87.0%
Interest Revenue $0
Dividends $233,111
9.6%
Sales of Assets $0
Other Income $276,731
11.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,065,519
61.2%
Compensation of Officers* $119,119
6.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,099,996
Total Liabilities $151,476
Net Assets $29,948,520
Compensation
Key Employees and Officers Compensation Other
Kenneth G Fuller (Vice President/Exec. Dir.) $123,215 $50,656
Carmen Vega (Administrator) $54,072 $0
Stephen L Jaeb (President) $6,000 $35,656
Sandra D Jaeb (Secretary/Treasurer) $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$10,062,188
Expenses
$5,793,219
Net Income
$4,268,969
Net Assets
$25,586,280
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $11,889,656
> 100%
Interest Revenue $0
Dividends $306,872
3.0%
Sales of Assets $0
Other Income $100,606
1.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,059,324
87.3%
Compensation of Officers* $125,654
2.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $39,640,560
Total Liabilities $14,054,280
Net Assets $25,586,280
Compensation
Key Employees and Officers Compensation Other
Kenneth G Fuller (Vice President/Executive D) $106,154 $51,090
Stephen L Jaeb (President) $4,500 $36,090
Sandra D Jaeb (Secretary/Treasurer) $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,596,225
Expenses
$3,127,807
Net Income
$2,468,418
Net Assets
$20,580,613
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,520,000
80.8%
Interest Revenue $0
Dividends $329,832
5.9%
Sales of Assets $626,649
11.2%
Other Income $119,744
2.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,579,082
82.5%
Compensation of Officers* $109,904
3.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $21,864,492
Total Liabilities $1,283,879
Net Assets $20,580,613
Compensation
Key Employees and Officers Compensation Other
Kenneth G Fuller (Vice President/Executive D) $109,904 $57,814
Stephen L Jaeb (President) $0 $32,955
Sandra D Jaeb (Secretary/Treasurer) $0 $0

Document Links

Fiscal Year Ending Sept.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$273,638
Expenses
$3,463,647
Net Income
-$3,190,009
Net Assets
$9,590,196
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $241,062
88.1%
Interest Revenue $0
Dividends $139,078
50.8%
Sales of Assets -$180,443
Other Income $73,941
27.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,058,105
88.3%
Compensation of Officers* $94,903
2.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,590,196
Total Liabilities $0
Net Assets $9,590,196
Compensation
Key Employees and Officers Compensation Other
Kenneth G Fuller (Vice President/Executive D) $94,903 $55,160
Stephen L Jaeb (President) $0 $29,998
Sandra D Jaeb (Secretary/Treasurer) $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$3,776
Expenses
$26,276
Net Income
-$30,052
Net Assets
$12,432,953
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $11,808
Sales of Assets $0
Other Income $420
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,207
19.8%
Compensation of Officers* $12,081
46.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $12,434,346
Total Liabilities $1,393
Net Assets $12,432,953

Document Links

Fiscal Year Ending Aug.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$785,376
Expenses
$3,507,203
Net Income
-$2,721,827
Net Assets
$12,466,456
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $154,900
19.7%
Interest Revenue $0
Dividends $228,520
29.1%
Sales of Assets $348,362
44.4%
Other Income $53,594
6.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,153,907
89.9%
Compensation of Officers* $94,904
2.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $12,468,247
Total Liabilities $1,791
Net Assets $12,466,456

Document Links

Fiscal Year Ending Aug.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$317,408
Expenses
$4,642,867
Net Income
-$4,325,459
Net Assets
$15,130,349
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $311,750
98.2%
Sales of Assets -$200,366
Other Income $206,024
64.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,272,554
92.0%
Compensation of Officers* $175,027
3.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $15,130,466
Total Liabilities $117
Net Assets $15,130,349
Compensation
Key Employees and Officers Compensation Other
Kenneth G Fuller (Vice President/Executive D) $132,755 $36,032
Stephen L Jaeb (President) $0 $24,599
Sandra D Jaeb (Secretary/Treasurer) $0 $0

Document Links

Fiscal Year Ending Aug.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$84,808
Expenses
$2,676,627
Net Income
-$2,761,435
Net Assets
$19,455,807
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $15,000
Interest Revenue $10
Dividends $408,244
Sales of Assets $0
Other Income $34,914
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,315,924
86.5%
Compensation of Officers* $107,894
4.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $19,455,808
Total Liabilities $1
Net Assets $19,455,807

Document Links

Fiscal Year Ending Aug.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$764,841
Expenses
$4,593,641
Net Income
-$3,828,800
Net Assets
$22,219,074
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $24,000
3.1%
Interest Revenue $543,850
71.1%
Dividends $22,632
3.0%
Sales of Assets $164,960
21.6%
Other Income $9,399
1.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,192,593
91.3%
Compensation of Officers* $111,416
2.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $22,219,413
Total Liabilities $339
Net Assets $22,219,074

Document Links

Fiscal Year Ending Aug.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$145,598
Expenses
$4,090,390
Net Income
-$3,944,792
Net Assets
$26,047,874
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $576,205
> 100%
Dividends $13,161
9.0%
Sales of Assets $0
Other Income $30,943
21.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,587,048
87.7%
Compensation of Officers* $100,797
2.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $26,051,056
Total Liabilities $3,182
Net Assets $26,047,874

Document Links

Fiscal Year Ending Aug.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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