National Lutheran Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 5,016,651 | 9,925,968 | −4,909,317 | 38.5 | 54% |
| 2017 | 5,921,145 | 11,601,745 | −5,680,600 | 27.0 | 55% |
| 2018 | 6,401,155 | 14,649,465 | −8,248,310 | 13.0 | 50% |
| 2019 | 7,438,636 | 13,066,292 | −5,627,656 | 9.4 | 56% |
| 2020 | 10,175,727 | 13,967,961 | −3,792,234 | 6.1 | 62% |
| 2021 | 7,111,650 | 12,573,445 | −5,461,795 | -1.3 | 62% |
| 2022 | 7,316,870 | 12,509,038 | −5,192,168 | -7.5 | 60% |
| 2023 | 8,556,639 | 10,038,709 | −1,482,070 | -12.1 | 58% |
In its most recent public year (2023), this organization spent $1,482,070 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.1 months), down from 38.5 in 2016. Staff pay was 58% of spending. $325,036 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
National Lutheran Inc'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