SALEM LUTHERAN HOME CHARITABLE FOUNDATION (EIN 421306694) - 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

1987

Legal Domicile

Principal Officer

DEB BIEKER

Phone

7127644201

Tax Period

2024-01-01 to 2024-12-31

SALEM LUTHERAN HOME CHARITABLE FOUNDATION, founded in 1987, is a micro nonprofit in the Human Services sector that reported $36K in total revenue in fiscal year 2024. Revenue surged 96% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 66% operating margin.

Mission

SUPPORT THE ACTIVITIES OF SALEM LUTHERAN NURSING HOME.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,571

Program Service Revenue $0

Investment Income $34,803

Other Revenue $0

TOTAL REVENUE $36,374

Expense Breakdown

Grants Paid $2,662

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,662

Other Expenses $9,599

TOTAL EXPENSES $12,261

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,374	$18,563	+1.0%
Expenses	$12,261	$22,650	-0.5%
Net Income	$24,113	$-4,087	-6.9%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEB BIEKER	PRESIDENT	1.00	Officer Director	$0	$0	$0
RON RASMUSSEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PHIL NIELSEN	TREASURER (BEG 3/2024)	1.00	Officer Director	$0	$0	$0
GERALYN CHRISTENSEN	DIR (END 3/2024)/SEC (BEG 3/2024)	1.00	Officer Director	$0	$0	$0
TAMI SCHECHINGER	SECRETARY/TREASURER (END 3/2024)	1.00	Officer Director	$0	$0	$0
SHAR STEEN	DIRECTOR	1.00	Director	$0	$0	$0
KELI HANSEN	DIRECTOR	1.00	Director	$0	$0	$0
EILEEN SORNSON	DIRECTOR	1.00	Director	$0	$0	$0
SARAH KUNIK	DIRECTOR	1.00	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	$36,374	$12,261	$943,636	$24,113
2023	$18,563	$22,650	$861,245	$-4,087
2022	$19,560	$73,654	$775,850	$-54,094
2021	$82,636	$22,672	$919,797	$59,964
2020	$83,377	$68,818	$840,602	$14,559
2019	$121,641	$86,000	$774,058	$35,641
2018	$27,137	$203,917	$660,180	$-176,780

SALEM LUTHERAN HOME CHARITABLE FOUNDATION