MARTIN LUTHER FOUNDATION (EIN 510304530) - 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

1959

Legal Domicile

Principal Officer

MICHELLE PERDEW

Phone

3026548886

Tax Period

2024-01-01 to 2024-12-31

MARTIN LUTHER FOUNDATION, founded in 1959, is a micro nonprofit in the Human Services sector that reported $15K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

PROVIDE FINANCIAL SUPPORT TO LUTHERAN COMMUNITY SERVICES, INC.

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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 $0

Program Service Revenue $0

Investment Income $14,599

Other Revenue $0

TOTAL REVENUE $14,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,599	$12,642	+0.2%
Expenses	N/A	N/A	N/A
Net Income	N/A	$12,642	N/A

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
JOHN HARTNETT	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BILL BRIZENDINE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MICHELLE PERDEW	SECRETARY	1.00	Officer Director	$0	$0	$0
BILL BECHSTEIN	TREASURER	1.00	Officer Director	$0	$0	$0
BARB KING	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID WARNER	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB GURNEE	EXECUTIVE DI	1.00	Officer	$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	$14,599	No data	$683,410	No data
2023	$12,642	No data	$609,769	No data
2022	$10,078	No data	$521,144	No data
2021	$34,057	No data	$652,257	No data
2020	$7,962	No data	$546,319	No data
2019	$19,858	$55,500	$460,564	$-35,642
2018	$11,421	$37,201	$425,956	$-25,780

MARTIN LUTHER FOUNDATION