OUR SAVIOR'S LUTHERAN CHURCH FOUNDATION

EIN: 460352771 501(c)(3)

SIOUX FALLS, SD

Total Revenue
$110,419
Total Expenses
$152,845
Total Assets
$3,742,725
Net Assets
$3,706,125
🔒

Tuckman-Chang Vulnerability Assessment

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
1978
Legal Domicile
SD
Principal Officer
DENNIS HANNEMAN
Phone
6058386597
Tax Period
2024-01-01 to 2024-12-31

OUR SAVIOR'S LUTHERAN CHURCH FOUNDATION, founded in 1978, is a micro nonprofit that reported $86K in total revenue in fiscal year 2018. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $160K exceeded revenue, resulting in a 85% operating deficit.

Mission

THE PURPOSE OF THE OSLC FOUNDATION SHALL BE: TO SOLICIT AND RECEIVE GIFTS, BEQUESTS AND DEVISES IN THE FORM OF EITHER REAL OR PERSONAL PROPERTY, AND TO HOLD THE PRINCIPAL THEREOF EITHER IN PERPETUITY OR FOR SUCH LIMITED DURATION OF TIME AS MIGHT BE DESIGNATED OR STIPULATED BY THE DONOR OR DONORS, OR BY THE MEMBERS OF THIS FOUNDATION; TO EXPEND THE INCOME EARNED, AND THE PRINCIPAL AS DIRECTED, FOR EDUCATION, CHARITABLE AND RELIGIOUS PURPOSES AS MAY BE APPROVED BY THE BOARD OF DIRECTORS OR THE MEMBERS OF THE FOUNDATION; AND TO HOLD, INVEST, ADMINISTER AND DISTRIBUTE THE MONIES, SECURITIES OR OTHER ASSETS OF THE FOUNDATION IN THE MANNER AND FORM AS PROVIDED BY THE DONOR, IN ACCORDANCE WITH SOUND JUDGMENT AND DISCRETION OF THE MEMBERS OF THE FOUNDATION OR OF THE BOARD OF DIRECTORS. THE FOUNDATION SHALL HAVE AND EXERCISE ALL POWERS AND AUTHORITY GRANTED BY LAW, AND MAY ENGAGE IN ANY LAWFUL ACTIVITY WITHIN THE PURPOSES FOR WHICH NON PROFIT CORPORATIONS MAY BE ORGANIZED UNDER SD LAW.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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 (2024)

Revenue Breakdown

Contributions & Grants $35,823
Program Service Revenue $0
Investment Income $74,596
Other Revenue $0
TOTAL REVENUE $110,419

Expense Breakdown

Grants Paid $147,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $147,000
Other Expenses $5,845
TOTAL EXPENSES $152,845

Year-over-Year Comparison

2024 2023 Change
Revenue $110,419 $80,819 +0.4%
Expenses $152,845 $149,583 +0.0%
Net Income $-42,426 $-68,764 -0.4%
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
9
Independent Members
9
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS HANNEMAN CHAIR 5.00
Officer Director
$0 $0 $0
DEBBY OLSON DIRECTOR 1.00
Director
$0 $0 $0
BETSY SITTIG DIRECTOR 1.00
Director
$0 $0 $0
DEAN MERTZ SECRETARY 1.00
Officer Director
$0 $0 $0
JAYSEN STEVENSON TREASURER 1.00
Officer Director
$0 $0 $0
CURT OLSON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
PR PAUL SVINGEN SR. PASTOR 1.00
Director
$0 $0 $0
DEAN BUCKNEBERG DIRECTOR 1.00
Director
$0 $0 $0
CHRIS FISCHER DIRECTOR 1.00
Director
$0 $0 $0
BRIAN SITTIG 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 $110,419 $152,845 $3,742,725 $-42,426
2023 $80,819 $149,583 $3,471,003 $-68,764
2022 $173,797 $142,785 $3,040,313 $31,012
2021 $64,736 $134,679 $3,517,621 $-69,943
2020 $98,089 $135,819 $3,175,041 $-37,730
2019 $108,604 $148,610 $2,965,000 $-40,006
2018 $86,127 $159,528 $2,554,325 $-73,401
Explore More Nonprofits
Top 100 Nonprofits in South Dakota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare OUR SAVIOR'S LUTHERAN CHURCH FOUNDATION with other nonprofits in South Dakota and across the country.