LUTHER MEMORIAL CHAPEL ENDOWMENT FUND IN (EIN 861763561) - 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

2021

Legal Domicile

Principal Officer

BRETT GRASSE

Phone

4143316810

Tax Period

2025-01-01 to 2025-12-31

LUTHER MEMORIAL CHAPEL ENDOWMENT FUND IN, founded in 2021, is a small nonprofit in the Health Care sector that reported $336K in total revenue in fiscal year 2025. Revenue surged 230% from the prior year, signaling strong growth momentum. The organization ran a surplus of $208K, a strong 62% operating margin.

Mission

BENEFIT AND SUPPORT OF LUTHER MEMORIAL CHAPEL

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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 (2025)

Revenue Breakdown

Contributions & Grants $197,716

Program Service Revenue $0

Investment Income $138,081

Other Revenue $0

TOTAL REVENUE $335,797

Expense Breakdown

Grants Paid $99,922

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $99,922

Other Expenses $28,249

TOTAL EXPENSES $128,171

Year-over-Year Comparison

	2025	2024	Change
Revenue	$335,797	$101,625	+2.3%
Expenses	$128,171	$114,397	+0.1%
Net Income	$207,626	$-12,772	-17.3%

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
REV MICHAEL LARSON	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
BRETT GRASSE	PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMES BRUSS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ANDREW BENDER	TREASURER	2.00	Officer Director	$0	$0	$0
CARL SWANSON	SECRETARY	2.00	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
2025	$335,797	$128,171	$3,355,944	$207,626
2024	No data	No data	No data	No data
2023	$-4,900	$575,346	$2,566,546	$-580,246
2022	$2,717,603	$151,967	$2,645,147	$2,565,636
2021	No data	No data	No data	No data

LUTHER MEMORIAL CHAPEL ENDOWMENT FUND IN