CONCORDIA THEOLOGICAL FOUNDATION I… - Form 990 Financial Data

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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

1999

Legal Domicile

Principal Officer

David K Hawk Esq

Phone

2604522242

Tax Period

2024-07-01 to 2025-06-30

CONCORDIA THEOLOGICAL FOUNDATION INC, founded in 1999, is a small nonprofit in the Religion sector that reported $574K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $257K, a strong 45% operating margin.

Mission

SUPPORT THE EDUCATIONAL PURPOSES OF CONCORDIA THEOLOGICAL SEMINARY

Program Service Accomplishments

Program 1

Expenses: $300,000 Revenue: $0

TO SUPPORT THE FUNCTIONS AND EDUCATIONAL PURPOSES OF CONCORDIA THEOLOGICAL SEMINARY, INC., 6600 NORTH CLINTON STREET, FORT WAYNE, INDIANA

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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 $115,041

Program Service Revenue $0

Investment Income $458,962

Other Revenue $0

TOTAL REVENUE $574,003

Expense Breakdown

Grants Paid $300,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $300,000

Other Expenses $17,190

TOTAL EXPENSES $317,190

Year-over-Year Comparison

	2024	2023	Change
Revenue	$574,003	$387,041	+0.5%
Expenses	$317,190	$288,636	+0.1%
Net Income	$256,813	$98,405	+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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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
Stanley P Veit	Secretary	1.00	Officer Director	$0	$0	$0
Robert VanGundy	VP/Treasurer	1.00	Officer Director	$0	$0	$0
Dr Art Just	Trustee	1.00	Director	$0	$0	$0
David Daniels	Trustee	1.00	Director	$0	$0	$0
David K Hawk ESQ	President	1.00	Officer Director	$0	$0	$0
Dr Bruce Schultz	Trustee	1.00	Director	$0	$0	$0
Blaine W Christensen	Trustee	1.00	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
2025	$574,003	$317,190	$8,712,133	$256,813
2024	$387,041	$288,636	$7,943,578	$98,405
2023	$385,854	$273,373	$7,261,368	$112,481
2022	$453,337	$296,120	$6,938,899	$157,217
2021	$348,902	$279,111	$7,754,318	$69,791

CONCORDIA THEOLOGICAL FOUNDATION INC