LUTHER HOUSE OF STUDY

EIN: 881810650 501(c)(3) Education

SIOUX FALLS, SD

Total Revenue
$983,586
Total Expenses
$778,809
Total Assets
$1,825,904
Net Assets
$1,602,062
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
SD
Principal Officer
SARAH STENSON
Phone
6053665408
Tax Period
2025-01-01 to 2025-12-31

LUTHER HOUSE OF STUDY, founded in 2022, is a small nonprofit in the Education sector that reported $984K in total revenue in fiscal year 2025. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $205K, a strong 21% operating margin.

Mission

GROUNDED IN LUTHERAN THEOLOGY, WE STRENGTHEN LUTHERAN LEADERSHIP AND MINISTRIES FOR THE PROCLAMATION OF THE GOSPEL.

Program Service Accomplishments

Program 1
Expenses: $663,978 Revenue: $600

LUTHER HOUSE OF STUDY PROVIDED GRADUATE-LEVEL THEOLOGICAL EDUCATION, LEADERSHIP FORMATION, AND FREE THEOLOGICAL RESOURCES TO STUDENTS, CLERGY, AND THE PUBLIC. DURING THE YEAR, THE ORGANIZATION SERVED...

Read more

LUTHER HOUSE OF STUDY PROVIDED GRADUATE-LEVEL THEOLOGICAL EDUCATION, LEADERSHIP FORMATION, AND FREE THEOLOGICAL RESOURCES TO STUDENTS, CLERGY, AND THE PUBLIC. DURING THE YEAR, THE ORGANIZATION SERVED MORE THAN 80 STUDENTS IN ITS M.DIV. AND CERTIFICATE PROGRAMS FROM 30 STATES AND 12 COUNTRIES, WITH 30 ADDITIONAL AUDITORS PARTICIPATING IN COURSEWORK. THE ORGANIZATION COMPLETED AND MADE FREELY AVAILABLE A FULL TWO-YEAR ONLINE CONFIRMATION CURRICULUM.LHOS EXPANDED PUBLIC ACCESS TO THEOLOGICAL EDUCATION THROUGH DIGITAL PUBLICATIONS, VIDEO, PODCASTING, AND SOCIAL MEDIA. THE WEBSITE RECEIVED APPROXIMATELY 21,200 USERS AND 96,900 PAGEVIEWS. EDUCATIONAL VIDEOS GENERATED APPROXIMATELY 22,677 VIEWS, AND THE ORGANIZATION PUBLISHED 55 PODCAST EPISODES GENERATING APPROXIMATELY 34,500 DOWNLOADS. FACEBOOK CONTENT GENERATED APPROXIMATELY 238,100 VIEWS DURING THE YEAR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $937,794
Program Service Revenue $600
Investment Income $45,192
Other Revenue $0
TOTAL REVENUE $983,586

Expense Breakdown

Grants Paid $10,050
Salaries & Benefits $436,106
Fundraising Expenses $13,097
Program Expenses $663,978
Other Expenses $332,653
TOTAL EXPENSES $778,809

Year-over-Year Comparison

2025 2024 Change
Revenue $983,586 $1,636,096 -0.4%
Expenses $778,809 $847,098 -0.1%
Net Income $204,777 $788,998 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
3
Employees
4
Volunteers
3

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
5
$258,868
Total Directors
4
$129,434
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN GAGE PRESIDENT & TREASURER 0.10
Officer Director
$0 $0 $0
MIRIAM BROIN VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
CHRISTOPHER CROGHAN SECRETARY/CHIEF ACADEMIC OFFICER 40.00
Officer Director
$54,664 $74,770 $129,434
ROBERT O'CONNOR DIRECTOR 0.10
Officer Director
$0 $0 $0
SARAH STENSON CHIEF EXECUTIVE OFFICER 40.00
Officer
$69,664 $59,770 $129,434
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 $983,586 $778,809 $1,825,904 $204,777
2024 $1,636,096 $847,098 $1,357,882 $788,998
2023 $1,058,310 $901,979 $574,042 $156,331
2022 $825,925 $451,256 $381,427 $374,669
Explore More Nonprofits
Top 100 Nonprofits in South Dakota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LUTHER HOUSE OF STUDY with other nonprofits in South Dakota and across the country.