GRACEWORKS LUTHERAN SERVICES HEALTH BENEFIT TRUST (EIN 311273785) - 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

1989

Legal Domicile

Phone

9374366865

Tax Period

2024-10-01 to 2025-09-30

GRACEWORKS LUTHERAN SERVICES HEALTH BENEFIT TRUST, founded in 1989, is a community nonprofit that reported $9.2M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

TO PAY MEMBERS' LIFE, SICK, ACCIDENT, OR OTHER BENEFITS.

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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 $0

Program Service Revenue $9,119,833

Investment Income $50,870

Other Revenue $0

TOTAL REVENUE $9,170,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $2,987

TOTAL EXPENSES $9,586,772

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,170,703	$7,427,846	+0.2%
Expenses	$9,586,772	$6,316,528	+0.5%
Net Income	$-416,069	$1,111,318	-1.4%

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

N/A

Employees

N/A

Volunteers

N/A

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

$856,807

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAWN L BARHORST	TRUSTEE	0.1	Director	$0	$18,338	$210,918
JUDY A BUDI	TRUSTEE	0.1	Director	$0	$35,993	$425,476
ROBERT A REICHARD	TRUSTEE	0.1	Director	$0	$19,145	$220,413

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	$9,170,703	$9,586,772	$1,997,929	$-416,069
2024	$7,427,846	$6,316,528	$2,048,258	$1,111,318
2023	$9,217,667	$9,796,041	$1,475,648	$-578,374
2022	$7,348,860	$6,251,536	$1,574,267	$1,097,324
2021	$7,663,204	$8,417,054	$911,579	$-753,850
2020	$5,847,166	$5,906,158	$988,236	$-58,992
2019	$5,245,210	$5,147,620	$887,248	$97,590
2018	$4,506,461	$5,006,681	$817,046	$-500,220

GRACEWORKS LUTHERAN SERVICES HEALTH BENEFIT TRUST