LUTHERAN HOUSING CORPORATION PRAIRIE LAKE APARTMENTS (EIN 261880559) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2007

Legal Domicile

Principal Officer

Nathan Beyer

Phone

6054447500

Tax Period

2024-01-01 to 2024-12-31

LUTHERAN HOUSING CORPORATION PRAIRIE LAKE APARTMENTS, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $151K in total revenue in fiscal year 2019. Expenses of $171K exceeded revenue, resulting in a 13% operating deficit.

Mission

To provide housing for very low-income elderly persons in N. Sioux City, South Dakota.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $194,181

Investment Income $7,046

Other Revenue $0

TOTAL REVENUE $201,227

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,149

Fundraising Expenses $0

Program Expenses $134,837

Other Expenses $144,581

TOTAL EXPENSES $191,730

Year-over-Year Comparison

	2024	2023	Change
Revenue	$201,227	$200,659	+0.0%
Expenses	$191,730	$191,903	0.0%
Net Income	$9,497	$8,756	+0.1%

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

$289,743

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REBECCA KIESOW-KNUDSEN	CHAIR	1	Director	$0	$24,305	$164,418
NATHAN BEYER	SECRETARY/TREASURER	1	Director	$0	$34,500	$125,325
PAUL BRUFLAT	BOARD PERSON	1	Director	$0	$0	$0
Anne Rieck McFarland	BOARD PERSON	1	Director	$0	$0	$0
Elizabeth Duffy	BOARD PERSON	1	Director	$0	$0	$0
Kathy McHenry	BOARD PERSON	1	Director	$0	$0	$0
Brian Weber	BOARD PERSON	1	Director	$0	$0	$0
CONSTANZE HAGMAIER	BOARD PERSON	1	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
2024	$201,227	$191,730	$331,344	$9,497
2023	$200,659	$191,903	$321,529	$8,756
2022	$151,885	$155,736	$315,830	$-3,851
2021	$149,633	$177,015	$323,753	$-27,382
2020	$162,666	$164,927	$315,862	$-2,261
2019	$151,177	$170,521	$313,088	$-19,344

LUTHERAN HOUSING CORPORATION PRAIRIE LAKE APARTMENTS