LUTHERCARE (EIN 231365374) - 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

1949

Legal Domicile

Principal Officer

MARISSA PICCHINI

Phone

7176261171

Tax Period

2024-01-01 to 2024-12-31

LUTHERCARE, founded in 1949, is a mid-sized nonprofit in the Human Services sector that reported $61.4M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $58.1M left a modest 5% surplus.

Mission

LUTHERCARE SERVES SENIORS' HOUSING/HEALTH NEEDS AND FAMILIES' CHILD CARE/EARLY LEARNING NEEDS.

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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 $1,817,723

Program Service Revenue $52,549,342

Investment Income $6,214,832

Other Revenue $800,371

TOTAL REVENUE $61,382,268

Expense Breakdown

Grants Paid $95,703

Salaries & Benefits $24,404,113

Fundraising Expenses $396,893

Program Expenses $50,661,019

Other Expenses $33,555,089

TOTAL EXPENSES $58,054,905

Year-over-Year Comparison

	2024	2023	Change
Revenue	$61,382,268	$52,362,166	+0.2%
Expenses	$58,054,905	$55,245,833	+0.1%
Net Income	$3,327,363	$-2,883,667	-2.2%

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

587

Volunteers

200

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

$1,186,186

Total Directors

Key Employees

$660,418

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STUART S SMITH	CHAIR	1.00	Officer Director	$0	$0	$0
TODD STEWART ESQ	CHAIR TO APRIL 2024	1.00	Officer Director	$0	$0	$0
ALISA MILLER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
REV HANS BECKLIN	DIRECTOR TO APRIL 2024	1.00	Director	$0	$0	$0
KEITH BOYER	SECRETARY/DIRECTOR	1.00	Officer Director	$0	$0	$0
DAVID R BRADBURY	DIRECTOR	1.00	Director	$0	$0	$0
ONEIDA DELUCA	DIRECTOR	1.00	Director	$0	$0	$0
REV DAVID R FISHER	DIRECTOR	1.00	Director	$0	$0	$0
BERNARD J LAPINE ESQ	DIRECTOR	1.00	Director	$0	$0	$0
REV THOMAS E MCKEE	ASSISTANT SECRETARY/DIRECTOR	1.00	Director	$0	$0	$0
DR RAYMOND MILLEN	DIRECTOR	1.00	Director	$0	$0	$0
DONALD MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDER PUSKAR ESQ	DIRECTOR	1.00	Director	$0	$0	$0
JAMES J SMARILLI	DIRECTOR	1.00	Director	$0	$0	$0
DAVID STOUDT	DIRECTOR	1.00	Director	$0	$0	$0
DR MATTHEW TORRES MD	DIRECTOR	1.00	Director	$0	$0	$0
CARL MCALOOSE	PRESIDENT & CEO UNTIL 6/30/24	40.00	Officer	$636,351	$38,375	$674,726
MARISSA PICCHINI	PRESIDENT & CEO AS OF 7/1/24	40.00	Officer	$280,662	$37,552	$318,214
JAMES WALKO	SVP FINANCE AS OF 10/6/24/TREASURER	40.00	Officer	$153,540	$39,706	$193,246
MATTHEW C OATHOUT	SR. VP OF OPERATIONS	40.00	Key Emp	$224,994	$9,619	$234,613
KRISTEN O'LEARY	SVP OF MARKETING & DEVELOPMENT	40.00	Key Emp	$211,070	$27,645	$238,715
JODI WEAVER	VP OF HUMAN RESOURCES	40.00	Key Emp	$179,299	$7,791	$187,090
DANIEL DEITZEL	SR. DIRECTOR HEALTHCARE SERVICES	40.00	Highest	$151,522	$28,918	$180,440
HEATHER DENNIS	SR. EXECUTIVE DIRECTOR PERSONAL CARE	40.00	Highest	$146,477	$33,756	$180,233
RENE BONILLA	LICENSED PRACTICAL NURSE	40.00	Highest	$143,205	$14,100	$157,305
HEATHER CRAIG	LICENSED PRACTICAL NURSE	40.00	Highest	$127,725	$33,006	$160,731
GLENN BEARD JR	VP CHURCH RELATIONS/PASTORAL CARE	40.00	Highest	$141,369	$28,100	$169,469

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	$61,382,268	$58,054,905	$92,433,887	$3,327,363
2023	$52,362,166	$55,245,833	$92,032,022	$-2,883,667
2022	$51,878,836	$52,469,428	$92,679,665	$-590,592
2021	$50,559,126	$52,174,723	$103,108,223	$-1,615,597
2020	$51,431,042	$53,957,241	$104,613,364	$-2,526,199
2019	$51,782,237	$55,631,036	$106,530,651	$-3,848,799
2018	$51,340,871	$54,081,494	$104,318,906	$-2,740,623

LUTHERCARE