CONCORDIA LUTHERAN SCHOOLS OF OMAHA FOUNDATION (EIN 680529229) - 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

2002

Legal Domicile

Principal Officer

A WILLIAM KERNEN

Phone

4024454000

Tax Period

2022-07-01 to 2023-06-30

CONCORDIA LUTHERAN SCHOOLS OF OMAHA FOUNDATION, founded in 2002, is a small nonprofit in the Education sector that reported $183K in total revenue in fiscal year 2022. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $153K, a strong 83% operating margin.

Mission

TO SUPPORT AND BENEFIT CONCORDIA LUTHERAN SCHOOLS OF OMAHA, 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 (2022)

Revenue Breakdown

Contributions & Grants $82,235

Program Service Revenue $0

Investment Income $100,941

Other Revenue $0

TOTAL REVENUE $183,176

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $52

Program Expenses $10,000

Other Expenses $20,399

TOTAL EXPENSES $30,399

Year-over-Year Comparison

	2022	2021	Change
Revenue	$183,176	$106,037	+0.7%
Expenses	$30,399	$212,370	-0.9%
Net Income	$152,777	$-106,333	-2.4%

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

$263,815

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GAYE LYNN SCHAFFART	CHAIR	1.00	Officer Director	$0	$0	$0
GAIL HAWKINS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DEL TOEBBEN	VICE CHAIR THRU 09/22	1.00	Officer Director	$0	$0	$0
A WILLIAM KERNEN	BOARD MEMBER	1.00	Director	$0	$0	$0
LEE HANDKE	BOARD MEMBER	1.00	Director	$0	$0	$0
LLOYD PROBASCO	BOARD MEMBER	1.00	Director	$0	$0	$0
DAN VEHLE	BOARD MEMBER	1.00	Director	$0	$0	$0
BRANDON NEWHOUSE	BOARD MEMBER	1.00	Director	$0	$0	$0
SABRINA WEISS	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT COOKSEY	PRESIDENT	1.00	Officer	$0	$67,643	$171,664
AARON SAILER	TREASURER/SECRETARY	1.00	Officer	$0	$18,950	$92,151

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
2025	No data	No data	No data	No data
2023	$183,176	$30,399	$2,543,520	$152,777
2022	$106,037	$212,370	$2,206,178	$-106,333
2021	$91,530	$246,051	$2,933,299	$-154,521
2020	$357,752	$140,448	$2,542,192	$217,304
2019	$142,810	$215,129	$2,409,768	$-72,319

CONCORDIA LUTHERAN SCHOOLS OF OMAHA FOUNDATION