Lithonia, GA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Luther Rice College & Seminary Inc, founded in 1962, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.
The mission of Luther Rice College & Seminary is to serve the church and community by providing biblically based on-campus and distance education to Christian men and women for ministry and the marketplace with an end to granting undergraduate and graduate degrees.
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 | $4,303,758 | $4,709,932 | -0.1% |
| Expenses | $4,235,912 | $4,256,953 | 0.0% |
| Net Income | $67,846 | $452,979 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| Steven Steinhilber | President | 40.00 |
Officer
|
$91,843 | $54,422 | $146,265 |
| Ken Stokes | V P for Information Technol | 40.00 |
Officer
|
$106,076 | $6,424 | $112,500 |
| Evan Posey | Executive V P and Provost | 40.00 |
Officer
|
$101,026 | $6,340 | $107,366 |
| Kenneth Kuffrey | V P for Financial Affairs | 40.00 |
Officer
|
$86,944 | $8,046 | $94,990 |
| Mark Riser | Former Trustee | 0.00 |
|
$100 | $0 | $100 |
| Robert Williams | Trustee | 1.00 |
Director
|
$50 | $0 | $50 |
| Bill Houck | Trustee | 1.00 |
Director
|
$50 | $0 | $50 |
| Gary Jarnagin | Former Trustee | 1.00 |
Director
|
$50 | $0 | $50 |
| Lou Souders | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Brent Purvis | Former Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Tom Powell | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Daryl Edwards | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Deborah Wilson | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Pete Rockett | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $4,303,758 | $4,235,912 | $8,344,114 | $67,846 |
| 2023 | $4,709,932 | $4,256,953 | $8,279,540 | $452,979 |
| 2022 | $4,580,851 | $4,447,770 | $7,749,300 | $133,081 |
| 2021 | $5,382,930 | $5,022,932 | $8,195,135 | $359,998 |
| 2020 | $4,989,558 | $4,576,801 | $7,350,924 | $412,757 |
Compare Luther Rice College & Seminary Inc with other nonprofits in Georgia and across the country.