GRACE LUTHERAN CHURCH FOUNDATION INC (EIN 351818189) - 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

1990

Legal Domicile

Principal Officer

TIMOTHY NIERMAN

Phone

8123728441

Tax Period

2023-01-01 to 2023-12-31

GRACE LUTHERAN CHURCH FOUNDATION INC, founded in 1990, is a micro nonprofit in the Religion sector that reported $73K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $49K, a strong 66% operating margin.

Mission

FUTURE GROWTH AND EXPANSION OF THE MISSION AND MINISTRY OF GRACE LUTHERAN CHURCH

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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 (2023)

Revenue Breakdown

Contributions & Grants $37,387

Program Service Revenue $0

Investment Income $36,023

Other Revenue $0

TOTAL REVENUE $73,410

Expense Breakdown

Grants Paid $10,700

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,463

Other Expenses $13,955

TOTAL EXPENSES $24,655

Year-over-Year Comparison

	2023	2022	Change
Revenue	$73,410	$100,493	-0.3%
Expenses	$24,655	$12,869	+0.9%
Net Income	$48,755	$87,624	-0.4%

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

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
CINDY MEYER	DIRECTOR	2.00	Director	$0	$0	$0
DAVID WRIGHT	DIRECTOR	2.00	Director	$0	$0	$0
JIM TIBBETTS	ASSISTANT TREASURER	2.00	Director	$0	$0	$0
PAUL FINKE	PRESIDENT	2.00	Officer	$0	$0	$0
KEN VORTHMANN	VICE PRESIDENT	2.00	Officer	$0	$0	$0
CANDACE CLANCY	SECRETARY	2.00	Officer	$0	$0	$0
TIMOTHY NIERMAN	TREASURER	2.00	Officer	$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	No data	No data	No data	No data
2023	$73,410	$24,655	$780,400	$48,755
2022	$100,493	$12,869	$741,142	$87,624
2021	$94,776	$13,485	$660,973	$81,291
2020	$61,285	$17,636	$587,147	$43,649
2019	$60,845	$27,380	$546,026	$33,465

GRACE LUTHERAN CHURCH FOUNDATION INC