LUTHER HOUSE (EIN 341026426) - 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

SCOTT MCQUINN

Phone

4408710090

Tax Period

2023-01-01 to 2023-12-31

LUTHER HOUSE, founded in 1969, is a community nonprofit in the Housing & Shelter sector that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $4.5M exceeded revenue, resulting in a 26% operating deficit.

Mission

THE PURPOSE OF LUTHER HOUSE IS TO CREATE AND MAINTAIN A CHRISTIAN COMMUNITY WHERE OLDER ADULTS CAN JOIN WITH ADMINISTRATION AND STAFF TO LIVE AS AN EXTENDED FAMILY AND BE ENCOURAGED TO LIVE AT THE HIGHEST POSSIBLE LEVEL OF INDEPENDENCE, AND IN KEEPING WITH THE PRINCIPLES ESTABLISHED BY THE UNITED METHODIST AND LUTHERAN CHURCHES, TO PROVIDE OLDER ADULTS WITH ACCOMMODATIONS DESIGNED TO MEET THEIR PHYSICAL, SPIRITUAL, VOCATIONAL, SOCIAL, EMOTIONAL AND INTELLECTUAL NEEDS.

🔒

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 $176,075

Program Service Revenue $3,410,427

Investment Income $5,381

Other Revenue $2,509

TOTAL REVENUE $3,594,392

Expense Breakdown

Grants Paid $0

Salaries & Benefits $809,507

Fundraising Expenses $0

Program Expenses $4,153,169

Other Expenses $3,725,291

TOTAL EXPENSES $4,534,798

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,594,392	$2,064,897	+0.7%
Expenses	$4,534,798	$4,004,291	+0.1%
Net Income	$-940,406	$-1,939,394	-0.5%

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

$2,494,155

Total Directors

$1,777,450

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT MCQUINN	CEO/ PRESIDENT	1.00	Officer Director	$0	$414,381	$1,028,545
JAMES BOWERSOX	COO/ SECRETARY	1.00	Officer Director	$0	$301,144	$748,905
LARRY BRUESHABER	TRUSTEE	2.00	Director	$0	$0	$0
THOMAS KAHLE	CHAIRPERSON	2.00	Director	$0	$0	$0
ROBERT IZO	TRUSTEE	2.00	Director	$0	$0	$0
KEVIN MCDONNELL	CFO/ TREASURER	1.00	Officer	$0	$185,604	$460,963
JAMES MAYER	EXECUTIVE DIRECTOR - PART YEAR	3.00	Officer	$0	$0	$50,700
CHRISTOPHER KLAWITTER	EXECUTIVE DIRECTOR	19.00	Officer	$0	$47,182	$205,042

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	No data	No data	No data	No data
2023	$3,594,392	$4,534,798	$39,654,093	$-940,406
2022	$2,064,897	$4,004,291	$35,859,626	$-1,939,394
2021	$755,023	$3,319,113	$33,015,236	$-2,564,090
2020	$115,539	$1,437,691	$34,291,601	$-1,322,152
2019	$41	$233,903	$31,416,619	$-233,862
2018	$158,248	$56,653	$11,418,060	$101,595

LUTHER HOUSE