CHRIST THE KING LUTHERAN CHURCH OF BLOOMINGTON FOUNDATION (EIN 411444110) - Form 990 Financial Analysis & Trantor Score

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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

1981

Legal Domicile

Principal Officer

Rachel Bernier

Phone

9528818600

Tax Period

2024-01-01 to 2024-12-31

CHRIST THE KING LUTHERAN CHURCH OF BLOOMINGTON FOUNDATION, founded in 1981, is a micro nonprofit that reported $23K in total revenue in fiscal year 2024. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $48K exceeded revenue, resulting in a 108% operating deficit.

Mission

Christ the King Lutheran Church Foundation supports Christ the King Lutheran Church of Bloomington in its religious, educational and charitable endeavors through grants from the earnings of its endowment.

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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 $6,840

Program Service Revenue $0

Investment Income $16,012

Other Revenue $0

TOTAL REVENUE $22,852

Expense Breakdown

Grants Paid $47,116

Salaries & Benefits $0

Fundraising Expenses $500

Program Expenses $47,116

Other Expenses $505

TOTAL EXPENSES $47,621

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,852	$174,548	-0.9%
Expenses	$47,621	$23,598	+1.0%
Net Income	$-24,769	$150,950	-1.2%

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
Denise Hagedorn	President	1	Officer	$0	$0	$0
Martha Anderson	Vice President	0.25	Officer	$0	$0	$0
Sean Johnson	Secretary	0.5	Officer	$0	$0	$0
Rachel Bernier	Treasurer	1	Officer	$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
2024	$22,852	$47,621	$867,304	$-24,769
2023	No data	No data	No data	No data

CHRIST THE KING LUTHERAN CHURCH OF BLOOMINGTON FOUNDATION