PORTLAND LUTHERAN ASSOCIATION FOR CHRISTIAN EDUCATION (EIN 237379756) - 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

1974

Legal Domicile

Principal Officer

MICHAEL MADISON

Phone

5036673199

Tax Period

2022-07-01 to 2023-06-30

PORTLAND LUTHERAN ASSOCIATION FOR CHRISTIAN EDUCATION, founded in 1974, is a micro nonprofit that reported $2K in total revenue in fiscal year 2022. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $312K exceeded revenue, resulting in a 19009% operating deficit.

Mission

EDUCATION OF CHILDREN

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,634

Other Revenue $0

TOTAL REVENUE $1,634

Expense Breakdown

Grants Paid $224,869

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $291,627

Other Expenses $87,364

TOTAL EXPENSES $312,233

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,634	$13,765	-0.9%
Expenses	$312,233	$22,905	+12.6%
Net Income	$-310,599	$-9,140	+33.0%

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
MIKE MADISON	PRESIDENT AND BOARD MEMBER	1.00	Officer Director	$0	$0	$0
DIONE FUGERE	SECRETARY AND BOARD MEMBER	1.00	Officer Director	$0	$0	$0
JOSEPH BISHOP	TREASURER AND BOARD MEMBER	1.00	Officer Director	$0	$0	$0
DANIEL C LORENZ	BOARD MEMBER	1.00	Director	$0	$0	$0
PASTOR KRIS MORRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
PASTOR WILLIAM SHIMKUS	BOARD MEMBER	1.00	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
2023	$1,634	$312,233	No data	$-310,599
2022	$13,765	$22,905	$310,599	$-9,140
2021	$754,681	$1,518,300	$319,739	$-763,619
2020	$2,751,600	$71,642	$2,318,180	$2,679,958
2019	$-13,796	$36,531	$2,399,055	$-50,327
2018	$-51,510	$44,183	$2,378,365	$-95,693

PORTLAND LUTHERAN ASSOCIATION FOR CHRISTIAN EDUCATION