LUTHERHAVEN MINISTRIES INC (EIN 916000231) - 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

1972

Legal Domicile

Principal Officer

REBECCA SMITH

Phone

2086673459

Tax Period

2024-01-01 to 2024-12-31

LUTHERHAVEN MINISTRIES INC, founded in 1972, is a community nonprofit in the Recreation & Sports sector that reported $2.8M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Net assets of $12.4M represent 53 months of operating reserves.

Mission

ENCOUNTER CREATION...CREATE COMMUNITY...COMMUNE WITH CHRIST. NUTURING CHRIST-CENTERED FAITH AS A REGIONAL & NATIONAL RESOURCE FOR POWERFUL PROGRAMS THAT EQUIP SERVANT-LEADERS, STRENGTHEN COMMUNITIES, & CELEBRATE GOD'S CREATION.PROVIDE OUTDOOR MINISTRY FACILITIES & PROGRAMS.LUTHERHAVEN MINISTRIES PROVIDED YEAR-ROUND CHRISTIAN OUTDOOR PROGRAMS INCLUDING CAMPS, RETREATS AND EVENTS, OUTDOOR EDUCATION AS WELL AS FACILITY RENTALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $604,229

Program Service Revenue $1,748,140

Investment Income $237,353

Other Revenue $218,012

TOTAL REVENUE $2,807,734

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,338,160

Fundraising Expenses $0

Program Expenses $2,632,561

Other Expenses $1,601,392

TOTAL EXPENSES $2,939,552

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,807,734	$3,456,657	-0.2%
Expenses	$2,939,552	$2,628,338	+0.1%
Net Income	$-131,818	$828,319	-1.2%

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

133

Volunteers

1272

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

$88,470

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REBECCA SMITH	Executive Dir.	40.00	Director	$88,470	$0	$88,470
NIESJE MACCINI	Vice President	0.00	Director	$0	$0	$0
SCOTT VENERA	BOARD MEMBER	0.00	Director	$0	$0	$0
REV PHIL MISNER	BOARD MEMBER	0.00	Director	$0	$0	$0
NICOLE WHEIR	Secretary	0.00	Director	$0	$0	$0
PENNY WEISS	BOARD MEMBER	0.00	Director	$0	$0	$0
REV MATT GULSETH	President	0.00	Director	$0	$0	$0
RANIEL DIAZ	BOARD MEMBER	0.00	Director	$0	$0	$0
LEE JAMES	BOARD MEMBER	0.00	Director	$0	$0	$0
JEFFREY VOELLER	BOARD MEMBER	0.00	Director	$0	$0	$0
KAREN NELSON	Treasurer	0.00	Director	$0	$0	$0
REV JJ DYGERT	BOARD MEMBER	0.00	Director	$0	$0	$0
DR SHANNON RADKE	BOARD MEMBER	0.00	Director	$0	$0	$0
BRITT TOWERY	MEMEBER AT LRG	0.00	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	$2,807,734	$2,939,552	$13,644,717	$-131,818
2023	$3,456,657	$2,628,338	$13,113,877	$828,319
2022	$4,071,354	$2,344,231	$12,485,909	$1,727,123
2021	$4,390,375	$2,116,913	$10,319,885	$2,273,462
2020	$2,665,837	$1,290,449	$8,075,972	$1,375,388
2019	$2,836,935	$2,006,533	$6,562,191	$830,402
2018	$2,814,893	$1,994,051	$5,735,776	$820,842

LUTHERHAVEN MINISTRIES INC