MANKATO, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BETHANY LUTHERAN COLLEGE INC, founded in 1927, is a mid-sized nonprofit in the Education sector that reported $36.3M in total revenue in fiscal year 2024. Net assets of $97.1M represent 32 months of operating reserves.
BETHANY LUTHERAN COLLEGE IS A PRIVATE, RESIDENTIAL, LIBERAL ARTS COLLEGE COMMITTED TO THE TEACHINGS OF THE BIBLE AS SET FORTH IN THE LUTHERAN CONFESSIONS. BETHANY PROVIDES STUDIES CULMINATING IN A BACHELOR OF ARTS & SCIENCE DEGREES & A MASTERS OF CLINCIAL MENTAL HEALTH COUNSELING. BETHANY LUTHERAN THEOLOGICAL SEMINARY EXISTS IN ORDER TO TRAIN MEN FOR THE PUBLIC MINISTRY IN THE ELS AS WELL AS TO SERVE THE SYNOD'S THEOLOGICAL NEEDS.
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 | $36,287,765 | $37,072,690 | 0.0% |
| Expenses | $35,498,756 | $36,027,334 | 0.0% |
| Net Income | $789,009 | $1,045,356 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| REV MARK BARTELS | CHARIMAN/REGENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| REV DAVID THOMPSON | VICE-CHAIR/REGENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| REV ALEX RING | SECRETARY/REGENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR JOSHUA MEARS | REGENT | 1.00 |
Director
|
$0 | $0 | $0 |
| MR STEVEN DEPREY | REGENT | 1.00 |
Director
|
$0 | $0 | $0 |
| MR AARON FAUGSTAD | REGENT | 1.00 |
Director
|
$0 | $0 | $0 |
| MR DAVID SPARLEY | REGENT | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ADAM BRAISCH | REGENT | 1.00 |
Director
|
$0 | $0 | $0 |
| DR DANIEL HARTWIG | REGENT | 1.00 |
Director
|
$0 | $0 | $0 |
| REV AARON FERKENSTAD | REGENT | 1.00 |
Director
|
$0 | $0 | $0 |
| MR TIMOTHY ROEMHILDT | REGENT | 1.00 |
Director
|
$0 | $0 | $0 |
| MR JOHN SCOTT | REGENT | 1.00 |
Director
|
$0 | $0 | $0 |
| REV ERWIN EKHOFF | REGENT | 1.00 |
Director
|
$0 | $0 | $0 |
| MR MARK MADSON | REGENT | 1.00 |
Director
|
$0 | $0 | $0 |
| DR GENE R PFEIFER | COLLEGE PRESIDENT | 40.00 |
Officer
|
$196,911 | $58,563 | $255,474 |
| DANIEL L MUNDAHL | SENIOR VP OF FIN & ADMIN/TREASURER | 40.00 |
Officer
|
$141,748 | $19,730 | $161,478 |
| REV TIMOTHY HARTWIG | SEMINARY PRESIDENT | 40.00 |
Officer
|
$67,378 | $26,472 | $93,850 |
| STACEY DAWLEY | DIRECTOR OF FINANCE/ASST. TREASURER | 40.00 |
Officer
|
$77,432 | $4,020 | $81,452 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $36,287,765 | $35,498,756 | $120,266,383 | $789,009 |
| 2024 | No data | No data | No data | No data |
| 2023 | $33,871,771 | $33,193,131 | $113,032,695 | $678,640 |
| 2022 | $36,614,308 | $33,300,215 | $102,688,428 | $3,314,093 |
| 2021 | $41,760,008 | $30,634,375 | $109,343,535 | $11,125,633 |
| 2020 | $27,940,514 | $29,964,672 | $97,860,298 | $-2,024,158 |
| 2019 | $28,808,856 | $28,355,236 | $93,817,053 | $453,620 |
| 2018 | $24,986,365 | $27,275,148 | $93,421,643 | $-2,288,783 |
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