LUTHERAN HOUSING CORPORATION (EIN 931212382) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

Nathan Beyer

Phone

6054447500

Tax Period

2022-01-01 to 2022-12-31

LUTHERAN HOUSING CORPORATION, founded in 2003, is a small nonprofit that reported $103K in total revenue in fiscal year 2016. Expenses of $160K exceeded revenue, resulting in a 55% operating deficit.

Mission

To provide housing for very low-income elderly persons in North Sioux City, SD.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $11,420

Investment Income $-110,109

Other Revenue $0

TOTAL REVENUE $-98,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,405

Fundraising Expenses $0

Program Expenses $2,602,000

Other Expenses $2,623,936

TOTAL EXPENSES $2,627,341

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-98,689	$105,059	-1.9%
Expenses	$2,627,341	$68,272	+37.5%
Net Income	$-2,726,030	$36,787	-75.1%

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

$269,917

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REBECCA KIESOW-KNUDSEN	CHAIR	1	Officer	$0	$31,939	$154,483
NATHAN BEYER	SECRETARY/TREASURER	1	Officer	$0	$32,370	$115,434
PAUL BRUFLAT	BOARD PERSON	1	Director	$0	$0	$0
TOLCHA MESELE	BOARD PERSON	1	Director	$0	$0	$0
Elizabeth Duffy	BOARD PERSON	1	Director	$0	$0	$0
KIM ELBERS	BOARD PERSON	1	Director	$0	$0	$0
PAT EIDSNESS	BOARD MEMBER	1	Director	$0	$0	$0
CONSTANZE HAGMAIER	BOARD PERSON	1	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
2022	$-98,689	$2,627,341	No data	$-2,726,030
2021	$105,059	$68,272	$2,785,845	$36,787
2020	$2,580,399	$208,302	$2,741,416	$2,372,097
2019	$155,926	$153,170	$342,165	$2,756
2018	$156,471	$135,769	$359,747	$20,702
2017	$119,943	$118,672	$325,756	$1,271
2016	$102,904	$159,633	$1,219,593	$-56,729

LUTHERAN HOUSING CORPORATION