GRACE LUTHERAN CHURCH FOUNDATION (EIN 931172573) - 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

1995

Legal Domicile

Principal Officer

Carolyn Warloe

Phone

5417571600

Tax Period

2024-01-01 to 2024-12-31

GRACE LUTHERAN CHURCH FOUNDATION, founded in 1995, is a micro nonprofit in the Religion sector that reported $40K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $58K exceeded revenue, resulting in a 46% operating deficit.

Mission

To encourage bequests and gifts which benefit Grace Evangelical Lutheran Church and which further its religious and benevolent purposes

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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 $9,195

Program Service Revenue $0

Investment Income $29,185

Other Revenue $1,237

TOTAL REVENUE $39,617

Expense Breakdown

Grants Paid $51,470

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,470

Other Expenses $6,492

TOTAL EXPENSES $57,962

Year-over-Year Comparison

	2024	2023	Change
Revenue	$39,617	$34,883	+0.1%
Expenses	$57,962	$34,385	+0.7%
Net Income	$-18,345	$498	-37.8%

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

N/A

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
Carolyn Warloe	President	1	Officer Director	$0	$0	$0
Haldon Dick	Secretary	1	Officer Director	$0	$0	$0
Michelle Lundahl	Treasurer	1	Officer Director	$0	$0	$0
Michael Beachley	Director	0	Director	$0	$0	$0
Kris Saathoff	Director	0	Director	$0	$0	$0
Mary Ann Brenan	Director	0	Director	$0	$0	$0
Jeff Beck	Director	0	Director	$0	$0	$0
Remy Remmers	Ex officio	0	Director	$0	$0	$0
Robyn Vega	Ex Officio	0	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	$39,617	$57,962	$798,755	$-18,345
2023	$34,883	$34,385	$763,017	$498
2022	$60,210	$12,484	$697,745	$47,726
2021	$27,947	$15,972	$784,114	$11,975
2020	$30,232	$25,013	$713,535	$5,219

GRACE LUTHERAN CHURCH FOUNDATION