HEITS POINT LUTHERAN MINISTRIES INC (EIN 043658537) - 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

2002

Phone

6606682363

Tax Period

2022-01-01 to 2022-12-31

HEITS POINT LUTHERAN MINISTRIES INC, founded in 2002, is a small nonprofit in the Religion sector that reported $459K in total revenue in fiscal year 2022. Net assets of $1.2M represent 33 months of operating reserves.

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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 (2022)

Revenue Breakdown

Contributions & Grants $156,863

Program Service Revenue $282,655

Investment Income $387

Other Revenue $19,365

TOTAL REVENUE $459,270

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,684

Fundraising Expenses $0

Program Expenses $425,556

Other Expenses $286,885

TOTAL EXPENSES $457,569

Year-over-Year Comparison

	2022	2021	Change
Revenue	$459,270	$455,612	+0.0%
Expenses	$457,569	$397,627	+0.2%
Net Income	$1,701	$57,985	-1.0%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
Ron Baker	Board Chairman	Director	$0	$0	$0
Arlin Bauer	Board Vice-Chairman	Director	$0	$0	$0
Kirk Thaemert	Board Secretary	Director	$0	$0	$0
Bill Gasau	Board Treasurer	Director	$0	$0	$0
Gary Barkhaus	Board Member	Director	$0	$0	$0
Audrey Horton	Board Member	Director	$0	$0	$0
David Schelp	Board Member	Director	$0	$0	$0
Alice Hinrichs	Board Member	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	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$459,270	$457,569	$1,249,506	$1,701
2021	$455,612	$397,627	$1,428,781	$57,985
2020	$283,155	$470,435	$1,432,377	$-187,280

HEITS POINT LUTHERAN MINISTRIES INC