ST JOHNS LUTHERAN CHURCH OF NORTHFIELD FOUNDATION

EIN: 411636168 501(c)(3)

NORTHFIELD, MN

Total Revenue
$499,397
Total Expenses
$36,922
Total Assets
$1,398,930
Net Assets
$1,398,930
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MN
Principal Officer
JEFF MCLAUGHLIN
Phone
5076454429
Tax Period
2023-01-01 to 2023-12-31

ST JOHNS LUTHERAN CHURCH OF NORTHFIELD FOUNDATION, founded in 1988, is a small nonprofit that reported $499K in total revenue in fiscal year 2023. Revenue surged 7517% from the prior year, signaling strong growth momentum. The organization ran a surplus of $462K, a strong 93% operating margin.

Mission

THE PURPOSE OF THIS CORPORATION SHALL BE TO RECEIVE BY GIFT, GRANT, DEVISE, BEQUEST OR OTHERWISE, PROPERTY, REAL, PERSONAL OR MIXED; TO HOLD, INVEST AND REINVEST SUCH PROPERTY; AND TO USE AND DEVOTE THE NET RENTS AND INCOME OF SUCH PROPERTY (AND UNDER CERTAIN CIRCUMSTANCES THE PRINCIPAL ITSELF IF SPECIFICALLY PERMITTED BY THE DONOR) TO THE BENEFIT AND MAINTENANCE OF THE CHURCH, NOW KNOW AS ST. JOHN'S LUTHERAN CHURCH OF THE CITY OF NORTHFIELD, STATE OF MINNESOTA, AND OF ANY AND ALL THE INSTITUTIONS AND LINES OF WORK AND ACTIVITY OF WHATSOEVER CHARACTER NOW OR HEREAFTER CONDUCTED BY THE SAID ST. JOHN'S LUTHERAN CHURCH OR ANY OF ITS ORGANIZATIONS, COMMITTEES, AGENTS OR REPRESENTATIVES.

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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 $467,120
Program Service Revenue $0
Investment Income $32,277
Other Revenue $0
TOTAL REVENUE $499,397

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $35,000
Other Expenses $36,922
TOTAL EXPENSES $36,922

Year-over-Year Comparison

2023 2022 Change
Revenue $499,397 $6,556 +75.2%
Expenses $36,922 $35,412 +0.0%
Net Income $462,475 $-28,856 -17.0%
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
9
Independent Members
9
Employees
N/A
Volunteers
9

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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRANT AASENG DIRECTOR 2.00
Director
$0 $0 $0
BRENT BASH DIRECTOR 2.00
Director
$0 $0 $0
JULIE BECKER TREASURER 2.00
Director
$0 $0 $0
CHERYL BUCK SECRETARY 2.00
Director
$0 $0 $0
DAN FRANKLIN VICE PRESIDE 2.00
Officer Director
$0 $0 $0
JEFF MCLAUGHLIN PRESIDENT 2.00
Officer Director
$0 $0 $0
JOHN OPHAUG DIRECTOR 2.00
Director
$0 $0 $0
JANE RIZZO DIRECTOR 2.00
Director
$0 $0 $0
CHRIS WEBER DIRECTOR 2.00
Director
$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 No data No data
2023 $499,397 $36,922 $1,398,930 $462,475
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