GRACE LUTHERAN FOUNDATION INC (EIN 396040444) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

AMY DUHR

Phone

7158323003

Tax Period

2023-01-01 to 2023-12-31

GRACE LUTHERAN FOUNDATION INC, founded in 1961, is a mid-sized nonprofit in the Health Care sector that reported $18.5M in total revenue in fiscal year 2023.

Mission

GRACE LUTHERAN FOUNDATION, INC. (THE "FOUNDATION") IS ORGANIZED TO ENGAGE IN CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC ACTIVITIES IN ACCORDANCE WITH THE AIMS OF GRACE LUTHERAN CONGREGATION, A RELIGIOUS CORPORATION LOCATED IN EAU CLAIRE, WISCONSIN. THE FOUNDATION OPERATES SKILLED NURSING FACILITIES, ADULT DAY CARE PROGRAMS, ASSISTED LIVING FACILITIES, SENIOR HOUSING FACILITIES, AND POST-SURGICAL FACILITIES, WITH THE GOAL OF ENHANCING HUMAN DIGNITY AND GROWTH BY PROVIDING HIGH QUALITY CHRISTIAN-BASED SERVICE TO RESIDENTS OF THE CHIPPEWA VALLEY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $50,955

Program Service Revenue $18,146,339

Investment Income $39,208

Other Revenue $274,429

TOTAL REVENUE $18,510,931

Expense Breakdown

Grants Paid $44,453

Salaries & Benefits $9,734,402

Fundraising Expenses $0

Program Expenses $16,356,076

Other Expenses $9,746,366

TOTAL EXPENSES $19,525,221

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,510,931	$18,030,572	+0.0%
Expenses	$19,525,221	$17,496,422	+0.1%
Net Income	$-1,014,290	$534,150	-2.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

467

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

$410,803

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL LOKKEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
JAN ADAMS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
DALE REID	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BOB KEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
BARB RADTKE	BOARD MEMBER	1.00	Director	$0	$0	$0
GLORIA MITTELSTADT	BOARD MEMBER	1.00	Director	$0	$0	$0
SUZETTE PELTIER	BOARD MEMBER	1.00	Director	$0	$0	$0
KEN ZIEHR	BOARD MEMBER	1.00	Director	$0	$0	$0
PASTOR PHILIP RUGE-JONES	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN BOYES	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
BARB EIDAHL	CHURCH COUNCIL PRESIDENT	1.50	Officer Director	$0	$0	$0
ARTHUR GROTHE	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY DUHR	CEO	40.00	Officer	$219,132	$30,253	$249,385
JAMIE LARSON	COO	40.00	Officer	$128,303	$33,115	$161,418
LINDA JOHNSON	FINANCE DIRECTOR	40.00	Highest	$105,025	$0	$105,025
JENNIFER COHEN	ADMINISTRATOR	40.00	Highest	$101,160	$8,093	$109,253
VICKI MIDDLETON	NURSING MANAGER	40.00	Highest	$114,740	$14,103	$128,843

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	$18,510,931	$19,525,221	$29,481,128	$-1,014,290
2022	$18,030,572	$17,496,422	$31,199,089	$534,150
2021	$21,213,136	$20,142,283	$31,361,172	$1,070,853
2020	$25,987,857	$26,464,401	$34,935,456	$-476,544
2019	$27,064,846	$27,107,051	$33,998,468	$-42,205
2018	$27,595,744	$27,401,037	$34,743,245	$194,707

GRACE LUTHERAN FOUNDATION INC