LUTHERAN SOCIAL SERVICES GROUP INC (EIN 161548940) - 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

1998

Legal Domicile

Principal Officer

JASON BECKWITH

Phone

7166654905

Tax Period

2024-01-01 to 2024-12-31

LUTHERAN SOCIAL SERVICES GROUP INC, founded in 1998, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

LUTHERAN SOCIAL SERVICES GROUP, INC (LSS) PROVIDES ADMINISTRATIVE SUPPORT SERVICES, INCLUDING FINANCE, HUMAN RESOURCES, AND MANAGEMENT INFORMATION SYSTEMS FOR ITS 501(C)3 SUBSIDIARIES. LSS ALSO PROVIDES STRATEGIC PLANNING SERVICES AND PROVIDES PAYROLL SERVICES FOR THE ORGANIZATION AND ITS SUBSIDIARIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $265,000

Program Service Revenue $1,174,026

Investment Income $0

Other Revenue $5,098

TOTAL REVENUE $1,444,124

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,122,531

Fundraising Expenses $0

Program Expenses $1,453,242

Other Expenses $330,711

TOTAL EXPENSES $1,453,242

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,444,124	$1,920,503	-0.2%
Expenses	$1,453,242	$1,816,824	-0.2%
Net Income	$-9,118	$103,679	-1.1%

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

$787,961

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY HAVENS - TURNER	CHAIR	0.50	Officer Director	$0	$0	$0
KAREN RINE	VICE CHAIR	0.50	Officer Director	$0	$0	$0
GARY M JOHNSON	TREASURER	0.50	Officer Director	$0	$0	$0
BRIGETTA OVERCASH	SECRETARY	0.50	Officer Director	$0	$0	$0
TIMOTHY MAGNUSON	DIRECTOR	0.50	Director	$0	$0	$0
THEODORE BOGDAN	DIRECTOR	0.50	Director	$0	$0	$0
J ERIC LIVENGOOD	DIRECTOR	0.50	Director	$0	$0	$0
REV LEE MILLER II	DIRECTOR	0.50	Director	$0	$0	$0
R MICHAEL GOLDMAN	DIRECTOR	0.50	Director	$0	$0	$0
ROSLIN NEWTON	DIRECTOR	0.50	Director	$0	$0	$0
DEAN WEAVER	DIRECTOR	0.50	Director	$0	$0	$0
W CLARK POPPLETON	DIRECTOR	0.50	Director	$0	$0	$0
HAROLD BRUNACINI	DIRECTOR	0.50	Director	$0	$0	$0
JASON BECKWITH	CFO	43.00	Officer	$307,055	$14,032	$321,087
THOMAS E HOLT	PRESIDENT/CEO	41.00	Officer	$397,866	$69,008	$466,874
KEVIN SAFF	DIRECTOR-SENIOR HOUSING	40.00	Highest	$131,453	$15,674	$147,127
ERICKA GARCIA	DIRECTOR - GA	40.00	Highest	$0	$5,161	$105,830

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	$1,444,124	$1,453,242	$2,428,923	$-9,118
2023	$1,920,503	$1,816,824	$2,461,780	$103,679
2022	$1,834,986	$1,830,657	$2,887,080	$4,329
2021	$2,129,548	$2,130,913	$3,318,719	$-1,365
2020	$2,267,714	$2,305,878	$3,126,290	$-38,164
2019	$2,602,639	$2,716,241	$3,022,801	$-113,602
2018	$2,927,627	$2,444,553	$3,603,059	$483,074

LUTHERAN SOCIAL SERVICES GROUP INC