Elim Lutheran Church of Robbinsdale MN Foundation Inc

EIN: 411671883 501(c)(3) Religion

Robbinsdale, MN

Total Revenue
$78,729
Total Expenses
$44,515
Total Assets
$756,873
Net Assets
$756,873
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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
1968
Legal Domicile
MN
Phone
9522249595
Tax Period
2024-01-01 to 2024-12-31

Elim Lutheran Church of Robbinsdale MN Foundation Inc, founded in 1968, is a micro nonprofit in the Religion sector that reported $79K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $34K, a strong 43% operating margin.

Mission

The general purpose of the Foundation shall be to receive unrestricted gifts and bequests for benevolent, charitable, educational and religious purposes within the ELCA in general and in particular for ELIM Church.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,347
Program Service Revenue $0
Investment Income $46,096
Other Revenue $26,286
TOTAL REVENUE $78,729

Expense Breakdown

Grants Paid $37,405
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $7,110
TOTAL EXPENSES $44,515

Year-over-Year Comparison

2024 2023 Change
Revenue $78,729 $92,118 -0.1%
Expenses $44,515 $28,611 +0.6%
Net Income $34,214 $63,507 -0.5%
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
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHIRLEY KRAMER CHAIRMAN 002.00
Officer Director
$0 $0 $0
RON JONES VICE CHAIRMAN 001.00
Officer Director
$0 $0 $0
THOMAS NELSON TREASURER 002.00
Officer Director
$0 $0 $0
DONNA HERMAN SECRETARY 001.00
Officer Director
$0 $0 $0
SCOTT BRANDS MEMBER AT LARGE 001.00
Director
$0 $0 $0
MARY MENNENGA MEMBER AT LARGE 001.00
Director
$0 $0 $0
SHELLY JOHNSON MEMBER AT LARGE 001.00
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 $78,729 $44,515 $756,873 $34,214
2023 $92,118 $28,611 $722,659 $63,507
2022 $18,131 $20,564 $659,152 $-2,433
2021 $206,275 $41,021 $761,512 $165,254
2020 $123,954 $11,278 $596,258 $112,676
2019 $101,158 $41,021 $483,582 $60,137
2018 $-5,873 $10,137 $423,445 $-16,010
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