IOWA LUTHERAN SCHOOL TUITION ORGANIZATION INC

EIN: 205778971 501(c)(3) Education

TERRIL, IA

Total Revenue
$538,327
Total Expenses
$590,421
Total Assets
$1,171,828
Net Assets
$1,171,828
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
IA
Principal Officer
Rhonda Mohr
Phone
5633701968
Tax Period
2025-01-01 to 2025-12-31

IOWA LUTHERAN SCHOOL TUITION ORGANIZATION INC, founded in 2006, is a small nonprofit in the Education sector that reported $538K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. Net assets of $1.2M represent 26 months of operating reserves.

Mission

Promote attendance at Iowa private Lutheran schools kindergarten through grade 12 by providing tuition grants.

Program Service Accomplishments

Program 1
Expenses: $508,418 Revenue: $17,627

Provide tuition grants to kindergarten through grade 12 students attending a Lutheran school in the State of Iowa.

Program 2
Expenses: $24,000 Revenue: $832

Charitable contributions made to organizations supporting the advancement of non-public schools in Iowa.

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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 (2025)

Revenue Breakdown

Contributions & Grants $519,868
Program Service Revenue $0
Investment Income $18,459
Other Revenue $0
TOTAL REVENUE $538,327

Expense Breakdown

Grants Paid $532,418
Salaries & Benefits $50,284
Fundraising Expenses $0
Program Expenses $532,418
Other Expenses $7,719
TOTAL EXPENSES $590,421

Year-over-Year Comparison

2025 2024 Change
Revenue $538,327 $571,888 -0.1%
Expenses $590,421 $630,111 -0.1%
Net Income $-52,094 $-58,223 -0.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rhonda Mohr President Director 0.50
Officer Director
$0 $0 $0
Janet Doellinger Secretary and Director 0.50
Officer Director
$0 $0 $0
Carole White Mandernach Treasurer Director 3.50
Officer Director
$0 $0 $0
Merrilee Sump Vice President Director 0.50
Officer Director
$0 $0 $0
Frank Parris Director 0.50
Director
$0 $0 $0
Reverand Doug Woltemath Director 0.50
Director
$0 $0 $0
Reverand Kendall Meyer Director 0.50
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
2025 $538,327 $590,421 $1,171,828 $-52,094
2024 No data No data No data No data
2023 $625,785 $878,592 $1,171,580 $-252,807
2022 $912,606 $825,984 $1,360,280 $86,622
2021 $852,689 $734,573 $1,356,783 $118,116
2020 $1,193,834 $516,343 $1,238,667 $677,491
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