LUTHERAN DIACONAL ASSOCIATION INC

EIN: 350976804 501(c)(3)

VALPARAISO, IN

Total Revenue
$593,235
Total Expenses
$796,725
Total Assets
$5,816,352
Net Assets
$5,807,272
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1919
Legal Domicile
IN
Principal Officer
ADRAINNE GRAY
Phone
2194646925
Tax Period
2024-07-01 to 2025-06-30

LUTHERAN DIACONAL ASSOCIATION INC, founded in 1919, is a small nonprofit that reported $593K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $797K exceeded revenue, resulting in a 34% operating deficit.

Mission

TO PREPARE WOMEN AND MEN FOR MINISTRIES OF SERVICE TO THOSE IN NEED, SUPPORT DEACONESSES IN THEIR VARIED MINISTRIES, AND AFFIRM LAY PEOPLE IN THEIR OWN CHRISTIAN SERVICE AND ASSIST THE CHURCH IN ITS DIACONAL MISSION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $459,475
Program Service Revenue $37,515
Investment Income $94,902
Other Revenue $1,343
TOTAL REVENUE $593,235

Expense Breakdown

Grants Paid $18,075
Salaries & Benefits $535,739
Fundraising Expenses $79,012
Program Expenses $499,693
Other Expenses $242,911
TOTAL EXPENSES $796,725

Year-over-Year Comparison

2024 2023 Change
Revenue $593,235 $1,098,490 -0.5%
Expenses $796,725 $754,921 +0.1%
Net Income $-203,490 $343,569 -1.6%
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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Governance

Voting Members
12
Independent Members
12
Employees
7
Volunteers
100

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
6
$187,553
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE LEHMANN SECRETARY 1.00
Officer Director
$0 $0 $0
JEANNE MOCKARD TREASURER 1.00
Officer Director
$0 $0 $0
MARYN OLSON BOARD MEMBER 1.00
Director
$0 $0 $0
MARK MAASSEL BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM SNYDER BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE STEFFEN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LIESL BEGNAUD BOARD MEMBER 1.00
Director
$0 $0 $0
ANN BAAS BOARD MEMBER 1.00
Director
$0 $0 $0
JEAN WARREN PRESIDENT 1.00
Officer Director
$0 $0 $0
DEBORAH GRAF BOARD MEMBER 1.00
Director
$0 $0 $0
AMY SCHIFRIN BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF HAZEWINKEL BOARD MEMBER 1.00
Director
$0 $0 $0
LISA POLITO EXECUTIVE DIRECTOR THROUGH 1/31/25 40.00
Officer
$109,646 $0 $109,646
ADRAINNE GRAY EXECUTIVE DIRECTOR BEG 2/1/25 40.00
Officer
$77,907 $0 $77,907
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 $593,235 $796,725 $5,816,352 $-203,490
2024 $1,098,490 $754,921 $5,547,112 $343,569
2023 $926,096 $593,045 $4,739,754 $333,051
2022 $878,728 $536,054 $4,157,892 $342,674
2021 $963,801 $505,835 $4,442,819 $457,966
2020 $1,336,641 $577,563 $3,596,773 $759,078
2019 $508,472 $534,898 $2,760,354 $-26,426
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