BETHESDA LUTHERAN FOUNDATION (EIN 237030874) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

LOIS TOFTEMARK

Tax Period

2023-01-01 to 2023-12-31

BETHESDA LUTHERAN FOUNDATION, founded in 1969, is a micro nonprofit in the Religion sector that reported $33K in total revenue in fiscal year 2023. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $81K exceeded revenue, resulting in a 146% operating deficit.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,185

Program Service Revenue $0

Investment Income $29,804

Other Revenue $0

TOTAL REVENUE $32,989

Expense Breakdown

Grants Paid $69,913

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $69,913

Other Expenses $11,203

TOTAL EXPENSES $81,116

Year-over-Year Comparison

	2023	2022	Change
Revenue	$32,989	$113,366	-0.7%
Expenses	$81,116	$62,090	+0.3%
Net Income	$-48,127	$51,276	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG DETELS	DIRECTOR	1.00	Director	$0	$0	$0
BILL GANGWER	DIRECTOR	1.00	Director	$0	$0	$0
MILES BOUNDS	DIRECTOR	1.00	Director	$0	$0	$0
RAY LEMKE	DIRECTOR	1.00	Director	$0	$0	$0
GORDON MCGRAW	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
PAUL JORGENSEN	DIRECTOR	1.00	Director	$0	$0	$0
KRISTA GOODRIE	VICE CHAIRPERSON	3.00	Officer	$0	$0	$0
LOIS TOFTEMARK	CHAIRMAN	3.00	Officer	$0	$0	$0
DAVE BULLARD	TREASURER	4.00	Officer	$0	$0	$0
LAURA LAY	SECRETARY	3.00	Officer	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$32,989	$81,116	$1,908,249	$-48,127
2022	$113,366	$62,090	$1,734,713	$51,276
2021	$1,233,981	$12,093	$1,695,341	$1,221,888

BETHESDA LUTHERAN FOUNDATION