DECORAH, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LUTHER COLLEGE, founded in 1865, is a major nonprofit in the Education sector that reported $120.8M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Net assets of $304.3M represent 30 months of operating reserves.
FOUNDED BY THE NORWEGIAN EVANGELICAL LUTHERAN CHURCH IN 1861, LUTHER COLLEGE IS A FOUR-YEAR, RESIDENTIAL LIBERAL ARTS INSTITUTION. LUTHER WELCOMES STUDENTS OF ALL BACKGROUNDS TO ENGAGE IN A WAY OF LEARNING THAT MOVES BEYOND IMMEDIATE INTERESTS AND ENCOURAGES STUDENTS TO BUILD A LIFE OF CONSEQUENCE. AT THE HEART OF A LUTHER EDUCATION IS AN UNDERSTANDING OF THE WAY FAITH AND LEARNING INTERSECT AND IN TURN CONNECT STUDENTS TO THE LARGER WORLD. LUTHER OFFERS MORE THAN 80 MAJORS, MINORS, AND PREPROFESSIONAL PROGRAMS.
INSTRUCTION: LUTHER OFFERS 42 MAJORS, 42 MINORS AND INTERDISCIPLINARY MINORS, AND 4 PREPROFESSIONAL AND SPECIFIC PROGRAMS. LUTHER'S SIGNATURE PAIDEIA PROGRAM, AN INTERDISCIPLINARY COURSE SERIES...
INSTRUCTION: LUTHER OFFERS 42 MAJORS, 42 MINORS AND INTERDISCIPLINARY MINORS, AND 4 PREPROFESSIONAL AND SPECIFIC PROGRAMS. LUTHER'S SIGNATURE PAIDEIA PROGRAM, AN INTERDISCIPLINARY COURSE SERIES OFFERED FOR MORE THAN 47 YEARS, HELPS INTEGRATE LEARNING AND BUILDS COMMUNITY THROUGH SHARED ACADEMIC EXPERIENCE. THE COLLEGE'S MUSIC PROGRAM, IN WHICH STUDENTS TRAIN IN PERFORMANCE, CONDUCTING, COMPOSITION, AND EDUCATION, HAS FIVE CHOIRS, TWO BANDS, THREE ORCHESTRAS AND TWO JAZZ BANDS, MANY OF WHICH TOUR NATIONALLY AND INTERNATIONALLY. A VIBRANT OFF-CAMPUS STUDENT PROGRAM DRAWS APPROXIMATELY 66% OF STUDENTS TO STUDY ABROAD PRIOR TO GRADUATION. LUTHER HAS 142 FULL-TIME FACULTY (APPROXIMATLY 92 PERCENT WITH A TERMINAL DEGREE) AND A 9.3:1 STUDENT-FACULTY RATIO. TOTAL ENROLLMENT WAS 1,369 FTE STUDENTS IN THE FALL OF 2024. 354 STUDENTS GRADUATED IN THE 2024-25 ACADEMIC YEAR.
ACADEMIC SUPPORT AND STUDENT SERVICES: THE CENTER FOR ACADEMIC ENRICHMENT PROVIDES SERVICES, BASED ON BEST PRACTICES IN LEARNING ASSISTANCE, INCLUDING NEEDS ASSESSMENT, STUDENT-TO-STUDENT TUTORING...
ACADEMIC SUPPORT AND STUDENT SERVICES: THE CENTER FOR ACADEMIC ENRICHMENT PROVIDES SERVICES, BASED ON BEST PRACTICES IN LEARNING ASSISTANCE, INCLUDING NEEDS ASSESSMENT, STUDENT-TO-STUDENT TUTORING, AND ONE-ON-ONE INSTRUCTION WITH PROFESSIONAL STAFF. IN COLLABORATION WITH FACULTY AND OTHER STAFF, CAE COORDINATES SPECIALIZED SERVICES FOR STUDENTS WITH DISABILITIES, MANAGES THE ACADEMIC ALERT SYSTEM, AND SUPPORTS INITIATIVES OF THE ADVISING PROGRAM. ACADEMIC ADVISING IS DONE BY FACULTY. RESEARCH AND TECHNOLOGY SUPPORT ARE PROVIDED THROUGH AN EXTENSIVE LIBRARY PROGRAM. THE COLLEGE HAS MORE THAN 100 STUDENT ORGANIZATIONS ALONG WITH COLLEGE MINISTRIES, HEALTH SERVICES, AND RECREATION AND WELLNESS PROGRAMS. APPROXIMATELY 70% OF STUDENTS ARE ENGAGED IN WORK STUDY TO SERVE THE LUTHER COMMUNITY, GAIN IMPORTANT WORK EXPERIENCE, AND EARN MONEY TOWARD EXPENSES.
AUXILIARY ENTERPRISES: LUTHER COLLEGE MAINTAINS A RURAL RESIDENTIAL CAMPUS TO ENHANCE THE EDUCATIONAL EXPERIENCE OF THE STUDENT BODY WITH ROOM AND BOARD PROGRAMS DESIGNED TO ENCOURAGE A SPIRIT OF...
AUXILIARY ENTERPRISES: LUTHER COLLEGE MAINTAINS A RURAL RESIDENTIAL CAMPUS TO ENHANCE THE EDUCATIONAL EXPERIENCE OF THE STUDENT BODY WITH ROOM AND BOARD PROGRAMS DESIGNED TO ENCOURAGE A SPIRIT OF COLLEGIALITY AND CONVERSATION BEYOND THE CLASSROOM AND LABORATORY. IN FALL 2024, LUTHER'S RESIDENCE HALLS HOUSED 1,310 STUDENTS OR 96% OF TOTAL FALL ENROLLMENT. 1,206 STUDENTS USED THE COLLEGE'S DINING SERVICE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $120,773,398 | $132,162,013 | -0.1% |
| Expenses | $118,523,384 | $118,148,324 | +0.0% |
| Net Income | $2,250,014 | $14,013,689 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| J ROBERT PAULSON JR | CHAIRPERSON | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHANNON DUVAL | VICE CHAIRPERSON | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANN LEON | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFERY ANDERSON | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL J ANDERSON | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| BRENT ASPLIN | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| KELLY BIRKENHOLZ | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| WILLIE DAVISMCKENNIE | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| PETER ESPINOSA | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRIS GADE | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| KATHERINE JOHNSON-BECKLIN | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| SANDEE JOPPA | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| DR MARK V LARSON | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| FELIX MALPICA | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| BRADLEY MILLER | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL OSTERHOLM | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| CONNIE PLAEHN | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| ALESSANDRO RANIOLO | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| COREY SCHMIDT | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| ANJELA SHUTTS | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| JAMES A THOMSEN JR | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| LEAH VRIESMAN | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| JAMES YOUNG | REGENT | 5.00 |
Director
|
$0 | $0 | $0 |
| JENIFER K WARD | PRESIDENT - OUTGOING | 45.00 |
Officer
|
$413,659 | $61,363 | $475,022 |
| BRADLEY CHAMBERLAIN | PRESIDENT | 45.00 |
Officer
|
$201,209 | $83,023 | $284,232 |
| MARY DUVALL | VP FOR DEVELOPMENT | 45.00 |
Officer
|
$160,673 | $45,307 | $205,980 |
| WILLIAM SMITH | VP FOR COMMUNICATION | 45.00 |
Officer
|
$155,061 | $26,186 | $181,247 |
| KAREN HUNT VP FOR | ENROLLMENT MGT - OUTGOING | 45.00 |
Officer
|
$152,407 | $8,079 | $160,486 |
| ROBERT CLAY CHIEF EQUITY | INCLUSION OFC. AND ASST. | 45.00 |
Officer
|
$137,730 | $16,828 | $154,558 |
| MATT BEATY VP FOR | ENROLLMENT MANAGEMENT | 45.00 |
Officer
|
$102,055 | $32,448 | $134,503 |
| PATTI HETRICK | VP FOR FINANCE & ADMINISTRATION | 45.00 |
Officer
|
$114,129 | $14,211 | $128,340 |
| JEFF WILKERSON | INTERIM PROVOST | 45.00 |
Officer
|
$83,631 | $13,468 | $97,099 |
| DAVID MITCHELL ASSISTANT PROF | OF MATHMATICS & HEAD WRESTLING COACH | 45.00 |
Highest
|
$153,084 | $64,026 | $217,110 |
| ANDREW BAILEY VP FOR | FINANCE AND ADMIN. | 45.00 |
Highest
|
$111,703 | $42,802 | $154,505 |
| ROBIN CURREY ASSOC PROVOST | & DEAN OF ACADEMIC AFFAIRS | 45.00 |
Highest
|
$115,173 | $30,519 | $145,692 |
| RICHARD BERNATZ | REGISTRAR | 45.00 |
Highest
|
$119,936 | $15,378 | $135,314 |
| LAURA BARLAMENT EXEC DIRECT | OF STRATEGIC MARKETING | 45.00 |
Highest
|
$107,617 | $18,734 | $126,351 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $120,773,398 | $118,523,384 | $343,571,141 | $2,250,014 |
| 2024 | $132,162,013 | $118,148,324 | $326,653,053 | $14,013,689 |
| 2023 | $113,226,481 | $120,386,714 | $305,906,835 | $-7,160,233 |
| 2022 | $119,959,066 | $119,535,194 | $317,463,557 | $423,872 |
| 2021 | $125,968,312 | $116,831,135 | $330,055,480 | $9,137,177 |
| 2020 | $123,520,374 | $124,786,418 | $291,863,327 | $-1,266,044 |
| 2019 | $127,515,668 | $125,283,351 | $295,130,912 | $2,232,317 |
| 2018 | $120,137,738 | $123,149,226 | $299,231,197 | $-3,011,488 |
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