LUTHERAN SERVICES IN IOWA INC (EIN 420698267) - 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

1939

Legal Domicile

Principal Officer

RENEE HARDMAN

Phone

5152717402

Tax Period

2023-01-01 to 2023-12-31

LUTHERAN SERVICES IN IOWA INC, founded in 1939, is a mid-sized nonprofit in the Human Services sector that reported $32.5M in total revenue in fiscal year 2023.

Mission

TO PROVIDE SOCIAL MINISTRY SERVICES TO COMMUNITIES THROUGHOUT IOWA.

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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 $4,321,685

Program Service Revenue $27,037,563

Investment Income $1,049,378

Other Revenue $139,367

TOTAL REVENUE $32,547,993

Expense Breakdown

Grants Paid $1,571,338

Salaries & Benefits $23,054,496

Fundraising Expenses $962,465

Program Expenses $28,766,358

Other Expenses $9,039,894

TOTAL EXPENSES $33,665,728

Year-over-Year Comparison

	2023	2022	Change
Revenue	$32,547,993	$31,144,221	+0.0%
Expenses	$33,665,728	$32,969,694	+0.0%
Net Income	$-1,117,735	$-1,825,473	-0.4%

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

811

Volunteers

376

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

$602,708

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FERGUS KATIE	CHAIR	1.00	Officer Director	$0	$0	$0
MONGAN JODI	VICE CHAIR	1.30	Officer Director	$0	$0	$0
OHLE KRIS	SECRETARY	1.00	Officer Director	$0	$0	$0
CURRENT BISHOP AMY	DIRECTOR	1.00	Director	$0	$0	$0
GALLMEYER JERRY	DIRECTOR	1.00	Director	$0	$0	$0
HALAAS BISHOP LORNA	DIRECTOR	1.30	Director	$0	$0	$0
JONES BISHOP KEVIN	DIRECTOR	1.00	Director	$0	$0	$0
BHATTACHARYYA RYAN	DIRECTOR	1.00	Director	$0	$0	$0
WEEKLEY ANGELA	DIRECTOR	1.00	Director	$0	$0	$0
PLEUSS JESSICA	DIRECTOR	1.00	Director	$0	$0	$0
SCHMIDT REV MICHAEL	DIRECTOR	1.00	Director	$0	$0	$0
HANSON REV JEFF	DIRECTOR	1.00	Director	$0	$0	$0
DEAN DANIEL	INTERIM PRESIDENT/CEO	41.00	Officer	$205,828	$14,646	$220,474
TWARDOS JOHN	PRESIDENT/CEO THRU MARCH 2023	41.00	Officer	$243,830	$12,979	$256,809
KNIEF RONI	CFO	41.00	Officer	$116,605	$8,820	$125,425
GREEN SARAH	VICE PRESIDENT PHILANTHROP	40.00	Highest	$123,353	$4,486	$127,839
KRAUSE NANCY	VICE PRESIDENT OF PORGRAMS AND SERVICES	40.00	Highest	$100,369	$6,607	$106,976

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	$32,547,993	$33,665,728	$27,133,617	$-1,117,735
2022	$31,144,221	$32,969,694	$28,295,606	$-1,825,473
2021	$34,502,625	$29,385,379	$29,699,936	$5,117,246
2020	$31,084,126	$30,990,705	$25,023,543	$93,421
2019	$34,750,438	$35,110,705	$24,037,522	$-360,267
2018	$34,304,625	$36,317,121	$24,762,672	$-2,012,496

LUTHERAN SERVICES IN IOWA INC