LUTHERAN DEVELOPMENT SOCIETY OF SACRAMENTO

EIN: 941447228 501(c)(3)

Roseville, CA

Total Revenue
$36,984
Total Expenses
$62,099
Total Assets
$1,085,296
Net Assets
$1,085,296
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
CA
Principal Officer
David Kretzmanm
Phone
9167597009
Tax Period
2020-01-01 to 2020-12-31

LUTHERAN DEVELOPMENT SOCIETY OF SACRAMENTO, founded in 2002, is a micro nonprofit that reported $37K in total revenue in fiscal year 2020. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $62K exceeded revenue, resulting in a 68% operating deficit.

Mission

Lutheran Development Society of Sacramento (LDSS) was established in 2002 when the Lutheran-based Pleasant Ridge Home was disbanded. The assets from the sale of this East Sacramento retirement facility were dedicated to a trust fund that now proudly supports opportunities for community project funding for ministries within a 50 -mile radius of Sacramento. Ministries promoting Lutheran involvement in community welfare work; ministries that develop, advance, and promote community resources for enrichment of life for families or individuals; ministries that provide or enhance the physical and emotional needs of the community.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $1,372
Program Service Revenue $0
Investment Income $35,612
Other Revenue $0
TOTAL REVENUE $36,984

Expense Breakdown

Grants Paid $59,190
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $59,190
Other Expenses $2,909
TOTAL EXPENSES $62,099

Year-over-Year Comparison

2020 2019 Change
Revenue $36,984 $47,945 -0.2%
Expenses $62,099 $45,624 +0.4%
Net Income $-25,115 $2,321 -11.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
12

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Linda Boston Director 1
Director
$0 $0 $0
Carolyn Brodt Director 1
Director
$0 $0 $0
Steve Erdman Officer 1
Director
$0 $0 $0
Bob Fickenscher Director 1
Director
$0 $0 $0
Kevin Foley Director 1
Director
$0 $0 $0
Laurie Leach Director 1
Director
$0 $0 $0
Steve Wilkie Director 1
Director
$0 $0 $0
Lorna Griess Vice President 2
Officer
$0 $0 $0
David Kretzmann President 2
Officer
$0 $0 $0
Nathan Linehan Treasurer 2
Officer
$0 $0 $0
Mark Vance Secretary 2
Officer
$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
2020 $36,984 $62,099 $1,085,296 $-25,115
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