LARRY LUNDSTROM MINISTRIES

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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

1993

Legal Domicile

Principal Officer

LARRY LUNDSTROM

Phone

6056987007

Tax Period

2022-07-01 to 2023-06-30

LARRY LUNDSTROM MINISTRIES, founded in 1993, is a small nonprofit that reported $181K in total revenue in fiscal year 2022. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $257K exceeded revenue, resulting in a 42% operating deficit.

Mission

TO FURTHER THE DISSEMINATION OF RELIGIOUS AND MORAL INSTRUCTION, SPREADING THE GOSPEL BY ANY AND ALL MEANS, AND FOR THE SUPPORT OF PUBLIC WORSHIP THROUGH RADIO, TELEVISION, SOCIAL MEDIA, LITERATURE AND PERSONAL CRUSADES AND PERSONAL APPEARANCES OF ITS MEMBERS AND EMPLOYEES.

Program Service Accomplishments

Program 1

Expenses: $54,649

SET FREE - GLORIA LUNDSTROM SPEAKS TO WOMEN IN CHURCHES, RETREATS, CONVENTIONS, AND BANQUETS PRESENTING SEMINARS ON MARRIAGE, FAMILY, AND RELATIONSHIPS. SHE SEEKS TO ENCOURAGE, STRENGTHEN, AND...

SET FREE - GLORIA LUNDSTROM SPEAKS TO WOMEN IN CHURCHES, RETREATS, CONVENTIONS, AND BANQUETS PRESENTING SEMINARS ON MARRIAGE, FAMILY, AND RELATIONSHIPS. SHE SEEKS TO ENCOURAGE, STRENGTHEN, AND PROVIDE HEALING TO WOMEN IN THEIR RELATIONSHIPS, THEIR DAILY LIVES, AND THEIR WALK WITH GOD.

Program 2

Expenses: $55,198

RALLIES & CRUSADES - LARRY & GLORIA TRAVEL ACROSS THE COUNTRY VISITING CHURCHES AND COMMUNITIES TO SPREAD THE GOSPEL OF JESUS CHRIST. AS AN INTERDENOMINATIONAL MINISTRY WORKING WITH LOCAL PASTORS AND LAYMEN, THE LUNDSTROMS SPEAK TO FAMILIES, COUPLES, AND INDIVIDUALS. THEY PRESENT AN INVITATION FOR SALVATION COUPLED WITH TEACHING AND ENCOURAGEMENT TO THOSE WHO HAVE ALREADY MADE A PERSONAL COMMITMENT. THEIR MINISTRY COVERS CITY-WIDE CRUSADES, EVANGELISTIC SERVICES OR RALLIES, AND SPEAKING ENGAGEMENTS OF MARRIAGE AND THE FAMILY.

Program 3

Expenses: $30,204

MINISTRY OUTREACH - THE MINISTRY PROVIDES A MONTHLY NEWSLETTER TO THOSE WHO HAVE ATTENDED A MINISTRY EVENT IN THE PAST YEAR AND TO ALL SUPPORTERS. EACH ISSUE HAS AN ARTICLE FROM LARRY'S PERSPECTIVE SPEAKING ON ISSUES TOUCHING THE CHURCH AND CURRENT ISSUES AND EVENTS. THERE IS ANOTHER ARTICLE FROM GLORIA, WHO SPEAKS FROM HER HEART, USUALLY ON ISSUES TOUCHING THE FAMILY. THERE ARE ALSO PHOTOS AND INFORMATION ON THE MEETINGS THEY'VE HELD, AND A SCHEDULE OF UPCOMING EVENTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $183,541

Program Service Revenue $0

Investment Income $7,307

Other Revenue $-9,480

TOTAL REVENUE $181,368

Expense Breakdown

Grants Paid $8,666

Salaries & Benefits $164,007

Fundraising Expenses $0

Program Expenses $140,051

Other Expenses $84,011

TOTAL EXPENSES $256,684

Year-over-Year Comparison

	2022	2021	Change
Revenue	$181,368	$236,672	-0.2%
Expenses	$256,684	$239,882	+0.1%
Net Income	$-75,316	$-3,210	+22.5%

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

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

$126,203

Total Directors