SAPPHIRE LUTHERAN HOMES INC (EIN 810452190) - 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

1988

Legal Domicile

Principal Officer

Cole Harden

Phone

4063632800

Tax Period

2023-01-01 to 2023-12-31

SAPPHIRE LUTHERAN HOMES INC, founded in 1988, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2023.

Mission

QUALITY HOUSING FOR THE ELDERLY

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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 (2023)

Revenue Breakdown

Contributions & Grants $66,542

Program Service Revenue $3,916,527

Investment Income $63,856

Other Revenue $0

TOTAL REVENUE $4,046,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,028,110

Fundraising Expenses $0

Program Expenses $3,711,885

Other Expenses $2,061,598

TOTAL EXPENSES $4,089,708

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,046,925	$3,749,339	+0.1%
Expenses	$4,089,708	$3,956,528	+0.0%
Net Income	$-42,783	$-207,189	-0.8%

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

101

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	Role	Reportable Comp	Other Comp	Total
Chuck Shonkwiler	Director	Director	$0	$0	$0
Dean Drake	Director	Director	$0	$0	$0
Nan Jorgenson	Director	Director	$0	$0	$0
Bill Rummel	Vice President	Officer Director	$0	$0	$0
Dorothy Rummel	Director	Director	$0	$0	$0
Amber Richardson	Director	Director	$0	$0	$0
Celeste Pogachar	Secretary	Officer Director	$0	$0	$0
Cole Harden	Executive Dir.	Director	$0	$0	$0
Tom Grymes	Director	Director	$0	$0	$0
Jeffery Stahlecker	President	Officer 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	No data	No data	No data	No data
2023	$4,046,925	$4,089,708	$7,740,777	$-42,783
2022	$3,749,339	$3,956,528	$7,796,023	$-207,189
2021	$3,835,843	$3,869,121	$8,356,929	$-33,278
2020	$4,176,605	$3,803,487	$8,240,427	$373,118
2019	$3,687,816	$3,701,189	$7,925,498	$-13,373
2018	$3,594,627	$3,533,684	$7,988,918	$60,943

SAPPHIRE LUTHERAN HOMES INC