Immanuel Lutheran Church Foundation

EIN: 411706287 501(c)(3) Religion

Saint Paul, MN

Total Revenue
$73,594
Total Expenses
$23,000
Total Assets
$502,961
Net Assets
$501,961
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MN
Principal Officer
Penny Norquist
Phone
6512606180
Tax Period
2021-01-01 to 2021-12-31

Immanuel Lutheran Church Foundation, founded in 1991, is a micro nonprofit in the Religion sector that reported $74K in total revenue in fiscal year 2021. Revenue surged 586% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51K, a strong 69% operating margin.

Mission

Immanuel Lutheran Church Foundation supports creative initiatives that grow Immanuel Lutheran Church in all its programs and endeavors, fosters Christian education through scholarships, and advances Christian outreach using funds generated through charitable gifts.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $758
Program Service Revenue $0
Investment Income $72,836
Other Revenue $0
TOTAL REVENUE $73,594

Expense Breakdown

Grants Paid $22,400
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $22,400
Other Expenses $600
TOTAL EXPENSES $23,000

Year-over-Year Comparison

2021 2020 Change
Revenue $73,594 $10,733 +5.9%
Expenses $23,000 $20,000 +0.2%
Net Income $50,594 $-9,267 -6.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

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

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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tara Mattessich Board Member 0.5
Director
$0 $0 $0
Ross Robey Board Member 0.5
Director
$0 $0 $0
Penny Norquist President 2
Officer
$0 $0 $0
Loren Danielson Treasurer 3
Officer
$0 $0 $0
Berit Nelson Secretary 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
2025 No data No data No data No data
2021 $73,594 $23,000 $502,961 $50,594
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Immanuel Lutheran Church Foundation with other nonprofits in Minnesota and across the country.