FARGO, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOPE LUTHERAN FOUNDATION, founded in 1979, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $290K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $162K, a strong 56% operating margin.
THE PURPOSE OF THE HOPE LUTHERAN FOUNDATION IS TO RECEIVE AND MAINTAIN FUNDS OF REAL AND/OR PERSONAL PROPERTY AND TO USE THE INCOME FOR CHARITABLE, RELIGIOUS, LITERARY OR EDUCATION PURPOSES, INCLUDING SUCH PURPOSES AS MAY BE UNDERTAKEN, APPROVED OR SUPPORTED BY HOPE LUTHERAN CHURCH OF FARGO, ND. THE MISSION: THE HOPE LUTHERAN FOUNDATION WORKS TO ENCOURAGE ALL PEOPLE TO KNOW THE LOVE OF CHRIST BY HELPING SUPPORT CHRISTIAN EFFORTS IN OUR COMMUNITY, COUNTRY, AND AROUND THE WORLD.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $289,848 | $475,023 | -0.4% |
| Expenses | $127,444 | $127,800 | 0.0% |
| Net Income | $162,404 | $347,223 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| MARILYN GUY | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRUCE BOLLINGER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| HEATHER BERGANTINE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JON LEE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LARRY O'CALLAGHAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM ROHLEDER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JUSTIN SWANSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DALE WESTON | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DARLYS ANDERSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $289,848 | $127,444 | $4,137,445 | $162,404 |
| 2022 | $475,023 | $127,800 | $3,507,325 | $347,223 |
| 2021 | $398,978 | $112,291 | $3,930,480 | $286,687 |
| 2020 | $349,197 | $80,924 | $3,303,586 | $268,273 |
| 2019 | $434,863 | $62,658 | $2,703,500 | $372,205 |
| 2018 | $589,216 | $50,420 | $2,077,324 | $538,796 |
Compare HOPE LUTHERAN FOUNDATION with other nonprofits in North Dakota and across the country.