LUTHER MEMORIAL HOME FOUNDERS FUND

EIN: 411472019 501(c)(3) Health Care

MADELIA, MN

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$1,058,039
Net Assets
$1,058,039
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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
1983
Legal Domicile
MN
Phone
5076423271
Tax Period
2023-10-01 to 2024-09-30

Mission

MANAGE AND ADMINISTER THE ENDOWMENTS OF LUTHER MEMORIAL HOME

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $22,256 -1.0%
Expenses N/A $286,893 -1.0%
Net Income N/A $-264,637 N/A
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
15

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLLEEN JACOBS VICE-CHAIR 0.50
Officer Director
$0 $0 $0
ROBERT WRIGHT CHAIRMAN 0.50
Officer Director
$0 $0 $0
BARB PFEIL TREASURER 0.50
Officer Director
$0 $0 $0
CALVING HANSON DIRECTOR 0.50
Director
$0 $0 $0
MIKE BOTTIN DIRECTOR 0.50
Director
$0 $0 $0
TOM GOERITZ ADMINISTRATOR 0.50
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 No data No data $1,058,039 No data
2023 $22,256 $286,893 $1,058,039 $-264,637
2022 $57,824 No data $1,551,844 No data
2021 $72,283 $11,665 $1,494,021 $60,618
2020 $92,334 $23,042 $1,292,976 $69,292
2019 $150,847 $117,179 $1,223,684 $33,668
2018 $196,672 $174,407 $1,190,016 $22,265
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