SAGINAW, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MICHIGAN LUTHERAN SEMINARY FOUNDATION, founded in 2021, is a small nonprofit in the Religion sector that reported $821K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $393K, a strong 48% operating margin.
SUPPORT AND SUSTAIN THE MISSION OF MICHIGAN LUTHERAN SEMINARY BY BUILDING STRONG, LASTING RELATIONSHIPS WITH ALUMNI, PARENTS, AND FRIENDS. PROVIDES SCHOLARSHIP AND FINANCIAL AID SUPPORT TO MAKE CHRIST-CENTERED EDUCATION ACCESSIBLE TO MORE STUDENTS.
SUPPORT AND SUSTAIN THE MISSION OF MICHIGAN LUTHERAN SEMINARY BY BUILDING STRONG, LASTING RELATIONSHIPS WITH ALUMNI, PARENTS, AND FRIENDS. PROVIDES SCHOLARSHIP AND FINANCIAL AID SUPPORT TO MAKE...
SUPPORT AND SUSTAIN THE MISSION OF MICHIGAN LUTHERAN SEMINARY BY BUILDING STRONG, LASTING RELATIONSHIPS WITH ALUMNI, PARENTS, AND FRIENDS. PROVIDES SCHOLARSHIP AND FINANCIAL AID SUPPORT TO MAKE CHRIST-CENTERED EDUCATION ACCESSIBLE TO MORE STUDENTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $820,799 | $619,709 | +0.3% |
| Expenses | $428,157 | $458,867 | -0.1% |
| Net Income | $392,642 | $160,842 | +1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL SCHARRER | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS KESTNER | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEE MILLER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE WILTSE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID EDDY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY EDDY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RON SCHREINER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BARB SCHREINER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| REV JASON BALDWIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JODIE BALDWIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE BARRETT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JULIE BARRETT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $820,799 | $428,157 | $2,941,607 | $392,642 |
| 2024 | $619,709 | $458,867 | $2,436,209 | $160,842 |
| 2023 | $596,593 | $466,140 | $2,299,224 | $130,453 |
| 2022 | $604,739 | $461,438 | $2,136,063 | $143,301 |
| 2021 | $548,301 | $849,847 | $2,230,812 | $-301,546 |
| 2020 | $458,077 | $477,825 | $1,866,804 | $-19,748 |
| 2019 | $482,841 | $721,800 | $1,822,928 | $-238,959 |
Compare MICHIGAN LUTHERAN SEMINARY FOUNDATION with other nonprofits in Michigan and across the country.