LUTHERAN HOMES FOUNDATION (EIN 161181550) - 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

1982

Legal Domicile

Principal Officer

JEREMY RUTTER

Phone

3158535515

Tax Period

2023-01-01 to 2023-12-31

LUTHERAN HOMES FOUNDATION, founded in 1982, is a small nonprofit in the Human Services sector that reported $520K in total revenue in fiscal year 2023. Revenue surged 136% from the prior year, signaling strong growth momentum. Expenses of $710K exceeded revenue, resulting in a 36% operating deficit.

Mission

IT IS THE MISSION OF THE CORPORATION TO PROMOTE THE CREATION AND MAINTENANCE OF SERVICES AND INSTITUTIONS FOR PEOPLE WITH CARE NEEDS. THIS MISSION IS FOUNDED ON THE BELIEF THAT PRUDENT USE OF RESOURCES FOR COMPASSIONATE SERVICES IS A FUNDAMENTAL CALLING OF ALL CHRISTIANS. TO FULFILL THIS MISSION, THE CORPORATION IS COMMISSIONED TO SOLICIT, RECEIVE AND PRUDENTLY MANAGE ALL FORMS OF CHARITABLE GIFTS.

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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 $424,334

Program Service Revenue $0

Investment Income $99,279

Other Revenue $-3,496

TOTAL REVENUE $520,117

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $672,402

Other Expenses $709,907

TOTAL EXPENSES $709,907

Year-over-Year Comparison

	2023	2022	Change
Revenue	$520,117	$220,018	+1.4%
Expenses	$709,907	$512,744	+0.4%
Net Income	$-189,790	$-292,726	-0.4%

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

N/A

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

$391,686

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDDIE BLUFF	VICE PRESIDENT	0.20	Officer Director	$0	$0	$0
STEPHEN CARUSO	SECRETARY	0.20	Officer Director	$0	$0	$0
JOHN COLLIS	DIRECTOR	0.20	Director	$0	$0	$0
ROBERT GOERING	DIRECTOR	0.20	Director	$0	$0	$0
MATTHEW GROVE	DIRECTOR	0.20	Director	$0	$0	$0
CAROL JUBENVILLE	DIRECTOR	0.20	Director	$0	$0	$0
JEFFREY KANE	PRESIDENT	0.20	Officer Director	$0	$0	$0
DEAN KELLY	DIRECTOR	0.20	Director	$0	$0	$0
GREGORY MAY	TREASURER	0.20	Officer Director	$0	$0	$0
DEBORAH WELKER-MILLS	BOARD MEMBER	0.20	Director	$0	$0	$0
THOMAS LORENZ	DIRECTOR	0.20	Director	$0	$0	$0
JEREMY RUTTER	CWP PRESIDENT/CEO	1.00	Officer	$0	$14,262	$255,394
ANNE CONNOR	CFO	1.00	Officer	$0	$11,893	$136,292

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	$520,117	$709,907	$10,059,921	$-189,790
2022	$220,018	$512,744	$9,300,507	$-292,726
2021	$160,400	$233,068	$10,783,671	$-72,668
2020	$474,147	$235,918	$9,866,470	$238,229
2019	$140,142	$175,244	$9,032,926	$-35,102
2018	$488,342	$210,112	$7,863,732	$278,230

LUTHERAN HOMES FOUNDATION