LUTHERAN VOLUNTEER CORPS (EIN 020702016) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

CYNTHIA PROSEK

Phone

2023873222

Tax Period

2023-09-01 to 2024-08-31

LUTHERAN VOLUNTEER CORPS, founded in 2008, is a small nonprofit in the Human Services sector that reported $302K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $368K exceeded revenue, resulting in a 22% operating deficit.

Mission

LUTHERAN VOLUNTEER CORPS (LVC) WAS FOUNDED IN WASHINGTON, D.C. BY LUTHER PLACE MEMORIAL CHURCH IN 1979 AND INCORPORATED AS A NON PROFIT CORPORATION ON SEPTEMBER 1, 2003. LVC SPONSORS AND ADMINISTERS DOMESTIC VOLUNTEER SERVICE PROGRAMS FOR MEN AND WOMEN WHO WANT TO WORK FOR SOCIAL JUSTICE, LIVE IN AN INTENTIONAL COMMUNITY WITH OTHER VOLUNTEERS, EXPERIENCE A MORE SIMPLIFIED AND SUSTAINABLE LIFESTYLE, AND EXPLORE SPIRITUALITY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $144,362

Program Service Revenue $151,933

Investment Income $4,506

Other Revenue $718

TOTAL REVENUE $301,519

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,789

Fundraising Expenses $30,741

Program Expenses $204,913

Other Expenses $202,942

TOTAL EXPENSES $367,731

Year-over-Year Comparison

	2023	2022	Change
Revenue	$301,519	$592,213	-0.5%
Expenses	$367,731	$499,552	-0.3%
Net Income	$-66,212	$92,661	-1.7%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNTHIA PROSEK	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MATTHEW JOHNSON	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOHN CARR	BOARD 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
2024	$301,519	$367,731	$695,607	$-66,212
2023	$592,213	$499,552	$763,622	$92,661
2022	$903,984	$839,142	$725,625	$64,842
2021	$1,090,118	$947,772	$1,032,635	$142,346
2020	$1,238,721	$1,059,860	$829,480	$178,861
2019	$1,097,924	$1,107,982	$775,929	$-10,058
2018	$1,318,411	$1,298,598	$673,512	$19,813

LUTHERAN VOLUNTEER CORPS