INCARNATION LUTHERAN CHURCH FOUNDATION (EIN 570575517) - 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

1974

Legal Domicile

Principal Officer

Mike Ely

Phone

8032562381

Tax Period

2024-01-01 to 2024-12-31

INCARNATION LUTHERAN CHURCH FOUNDATION, founded in 1974, is a small nonprofit in the Religion sector that reported $200K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $75K, a strong 37% operating margin.

Mission

TO FUND OUTREACH MINISTRIES.

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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 $19,496

Program Service Revenue $0

Investment Income $180,835

Other Revenue $0

TOTAL REVENUE $200,331

Expense Breakdown

Grants Paid $82,542

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $102,699

Other Expenses $43,126

TOTAL EXPENSES $125,668

Year-over-Year Comparison

	2024	2023	Change
Revenue	$200,331	$147,344	+0.4%
Expenses	$125,668	$110,658	+0.1%
Net Income	$74,663	$36,686	+1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARC McKENNA	PRESIDENT	002.00	Officer	$0	$0	$0
MIKE ELY	VICE PRESIDENT	002.00	Officer	$0	$0	$0
DEBBIE SHURR	TREASURER	002.00	Officer	$0	$0	$0
LESLIE SKINNER	SECRETARY	002.00	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	$200,331	$125,668	$2,583,812	$74,663
2023	$147,344	$110,658	$2,448,756	$36,686
2022	$112,276	$94,234	$2,252,763	$18,042
2021	$116,944	$103,269	$2,506,158	$13,675
2020	$42,410	$107,701	$2,220,519	$-65,291

INCARNATION LUTHERAN CHURCH FOUNDATION