WESTWOOD LUTHERAN MEMORIAL FOUNDATION (EIN 237312531) - 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

1973

Legal Domicile

Principal Officer

Kerry Kruppstadt

Phone

9525455623

Tax Period

2024-01-01 to 2024-12-31

WESTWOOD LUTHERAN MEMORIAL FOUNDATION, founded in 1973, is a small nonprofit in the Religion sector that reported $170K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $85K, a strong 50% operating margin.

Mission

The mission of the Westwood Lutheran Memorial Foundation is to positively impact people's lives by enriching and supporting the ministries of Westwood Lutheran Church.

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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 $88,334

Program Service Revenue $0

Investment Income $81,448

Other Revenue $0

TOTAL REVENUE $169,782

Expense Breakdown

Grants Paid $66,474

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $66,474

Other Expenses $18,164

TOTAL EXPENSES $84,638

Year-over-Year Comparison

	2024	2023	Change
Revenue	$169,782	$118,515	+0.4%
Expenses	$84,638	$78,608	+0.1%
Net Income	$85,144	$39,907	+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

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
Kerry Kruppstadt	President	4.0	Officer Director	$0	$0	$0
Perry Jacobson	Vice President	2.0	Officer Director	$0	$0	$0
Sally Christenson	Director	1.0	Director	$0	$0	$0
Christine Heiberg	Director	2.0	Director	$0	$0	$0
Tim Hill	Treasurer	2.0	Officer Director	$0	$0	$0
Al Updike	Director	1.0	Director	$0	$0	$0
Karoline Pierson	Director	1.0	Director	$0	$0	$0
Kathy Jacobson	Director	1.0	Director	$0	$0	$0
Dave Raatz	Secretary	2.0	Officer Director	$0	$0	$0
Dennis Werneke	Director	1.0	Director	$0	$0	$0
Brenda Knutson	Director	2.0	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	No data	No data	No data	No data
2024	$169,782	$84,638	$1,895,037	$85,144
2023	$118,515	$78,608	$1,683,639	$39,907
2022	$393,029	$79,435	$1,527,912	$313,594
2021	$170,705	$62,896	$1,403,408	$107,809
2020	$40,524	$63,537	$1,193,601	$-23,013
2019	$12,165	$63,681	$1,114,500	$-51,516
2018	$89,524	$53,211	$985,536	$36,313

WESTWOOD LUTHERAN MEMORIAL FOUNDATION