SHEPHERD OF THE LAKE FOUNDATION (EIN 411638874) - 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

1989

Legal Domicile

Principal Officer

William Hallberg

Phone

6127706556

Tax Period

2023-01-01 to 2023-12-31

SHEPHERD OF THE LAKE FOUNDATION, founded in 1989, is a micro nonprofit in the Religion sector that reported $22K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $32K exceeded revenue, resulting in a 45% operating deficit.

Mission

Funding the ministry of Shepherd of the Lake Lutheran Church, Prior Lake MN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $10,805

Program Service Revenue $0

Investment Income $11,439

Other Revenue $0

TOTAL REVENUE $22,244

Expense Breakdown

Grants Paid $27,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $27,000

Other Expenses $5,302

TOTAL EXPENSES $32,302

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,244	$28,247	-0.2%
Expenses	$32,302	$38,260	-0.2%
Net Income	$-10,058	$-10,013	+0.0%

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

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

$100,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pastor Daniel Poffenberger	Director, Senior Pastor Shepherd of the Lake Lutheran Church	1	Director	$0	$0	$100,000
William Hallberg	Director, President	2	Officer Director	$0	$0	$0
Jason Olinger	Director	1	Director	$0	$0	$0
Ron Bickle	Director, Treasurer	4	Director	$0	$0	$0
Ann Reick	Director, Secretary	1	Director	$0	$0	$0
Linda Anderson	Director	1	Director	$0	$0	$0
Fritz Ehlers	Director	1	Director	$0	$0	$0
Roger Clark	Director, Vice President	2	Director	$0	$0	$0
Robert Wetherille	Director	1	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	$22,244	$32,302	$627,678	$-10,058
2022	$28,247	$38,260	$569,531	$-10,013
2021	$29,697	$35,033	$682,382	$-5,336
2020	$19,641	$31,522	$615,699	$-11,881

SHEPHERD OF THE LAKE FOUNDATION