THE LUTHERAN CARE NETWORK INC

EIN: 112896230 501(c)(3)

SCARSDALE, NY

Total Revenue
$1,903,821
Total Expenses
$1,820,816
Total Assets
$3,448,895
Net Assets
$1,371,771
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
NY
Principal Officer
LARAINE FELLEGARA
Phone
9143656365
Tax Period
2024-01-01 to 2024-12-31

THE LUTHERAN CARE NETWORK INC, founded in 1987, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Expenses of $1.8M left a modest 4% surplus.

Mission

THE LUTHERAN CARE NETWORK IS A MINISTRY OF HEALING, HOSPITALITY AND COMMUNITY THOUGH PARTNERSHIPS IN CARING. TLCN PROVIDES MANAGEMENT, DEVELOPMENT & FUNDRAISING SERVICES TO RELATED 501(C)(3) ORGANIZATIONS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,415
Program Service Revenue $1,890,000
Investment Income $7,406
Other Revenue $0
TOTAL REVENUE $1,903,821

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,498,782
Fundraising Expenses $0
Program Expenses $1,497,431
Other Expenses $322,034
TOTAL EXPENSES $1,820,816

Year-over-Year Comparison

2024 2023 Change
Revenue $1,903,821 $1,873,833 +0.0%
Expenses $1,820,816 $1,840,871 0.0%
Net Income $83,005 $32,962 +1.5%
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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Governance

Voting Members
9
Independent Members
8
Employees
11
Volunteers
8

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
5
$755,689
Total Directors
9
$577,929
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER MAZER SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN MESLOH CHAIR 1.00
Officer Director
$0 $0 $0
LARAINE FELLEGARA CEO AND BOARD MEMBER 10.00
Officer Director
$520,729 $57,200 $577,929
ARTHUR UPRIGHT VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOHN SHANE BOARD MEMBER 1.00
Director
$0 $0 $0
FR BRIAN MCWEENEY BOARD MEMBER 1.00
Director
$0 $0 $0
BILL TEATOR BOARD MEMBER 1.00
Director
$0 $0 $0
REV JEFFREY KOENIG BOARD MEMBER 1.00
Director
$0 $0 $0
JUDITH BENKE BOARD MEMBER 1.00
Director
$0 $0 $0
KATHLEEN MCEVOY DIRECTOR OF FINANCE 10.00
Officer
$150,786 $26,974 $177,760
JAMES MOONEY DIRECTOR OF IT 5.00
Highest
$159,670 $8,091 $167,761
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 $1,903,821 $1,820,816 $3,448,895 $83,005
2023 $1,873,833 $1,840,871 $3,602,351 $32,962
2022 $3,294,689 $1,742,204 $3,977,399 $1,552,485
2021 $2,230,959 $3,921,570 $4,877,791 $-1,690,611
2020 $2,459,257 $2,441,678 $5,264,701 $17,579
2019 $2,967,819 $5,513,970 $5,409,277 $-2,546,151
2018 $2,699,769 $2,258,054 $7,099,111 $441,715
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