Lutheran Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 107,883 | 60,198 | 47,685 | 111.4 | 0% |
| 2013 | 131,118 | 113,820 | 17,298 | 65.3 | 0% |
| 2014 | 468,501 | 106,755 | 361,746 | 120.9 | 0% |
| 2015 | 294,360 | 175,993 | 118,367 | 75.4 | 0% |
| 2016 | 382,991 | 348,663 | 34,328 | 37.9 | 0% |
| 2017 | 1,119,591 | 669,861 | 449,730 | 29.0 | 0% |
| 2018 | 1,181,374 | 1,075,625 | 105,749 | 19.9 | 0% |
| 2019 | 937,060 | 722,918 | 214,142 | 34.0 | 0% |
| 2020 | 762,591 | 604,278 | 158,313 | 44.0 | 0% |
| 2021 | 1,231,492 | 1,060,299 | 171,193 | 31.6 | 13% |
| 2022 | 1,735,103 | 1,351,112 | 383,991 | 28.0 | 11% |
| 2023 | 2,386,603 | 2,302,721 | 83,882 | 18.0 | 5% |
In its most recent public year (2023), this organization brought in $83,882 more than it spent. Its reserves stood at about 18 months of spending, down from 111.4 in 2012. Staff pay was 5% of spending. $2,772,588 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Lutheran Education Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works