Grace Lutheran Church Foundation Of Lincoln Nebraska Inc
EIN: 476037940 · Lincoln, NE
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $23K |
| Net Assets | $463K |
Is Grace Lutheran Church Foundation Of Lincoln Nebraska Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grace Lutheran Church Foundation Of Lincoln Nebraska Inc
Grace Lutheran Church Foundation Of Lincoln Nebraska Inc (EIN: 476037940) is a nonprofit organization based in Lincoln, NE. The organization reported total revenue of $34K and total assets of $497K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Lutheran Church Foundation Of Lincoln Nebraska Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace Lutheran Church Foundation Of Lincoln Nebraska Inc is a micro nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $23K |
| Surplus / Deficit | $-608 |
| Total Assets | $463K |
| Net Assets | $463K |
| Operating Margin | -2.7% |
| Months of Reserves | 240.2 months |
Financial Health Grade: B
In 2023, Grace Lutheran Church Foundation Of Lincoln Nebraska Inc reported a deficit of $608 with expenses exceeding revenue, holds 240.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Grace Lutheran Church Foundation Of Lincoln Nebraska Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1396.2% | -41.4% | +9.8% |
| 2022 | -97.7% | +78.3% | -8.3% |
| 2021 | +112.7% | -24.9% | +10.1% |
| 2020 | +7.5% | -1.8% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grace Lutheran Church Foundation Of Lincoln Nebraska Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grace Lutheran Church Foundation Of Lincoln Nebraska Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $608, with expenses exceeding revenue.
Frequently Asked Questions about Grace Lutheran Church Foundation Of Lincoln Nebraska Inc
Is Grace Lutheran Church Foundation Of Lincoln Nebraska Inc a legitimate charity?
Grace Lutheran Church Foundation Of Lincoln Nebraska Inc (EIN: 476037940) is a registered tax-exempt nonprofit based in Nebraska. It has 13 years of IRS 990 filings on record. Total revenue: $34K. No red flags identified. Financial health grade: B.
How does Grace Lutheran Church Foundation Of Lincoln Nebraska Inc spend its money?
Grace Lutheran Church Foundation Of Lincoln Nebraska Inc reported $34K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Grace Lutheran Church Foundation Of Lincoln Nebraska Inc tax-deductible?
Grace Lutheran Church Foundation Of Lincoln Nebraska Inc is registered as a tax-exempt nonprofit (EIN: 476037940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grace Lutheran Church Foundation Of Lincoln Nebraska Inc located?
Grace Lutheran Church Foundation Of Lincoln Nebraska Inc is headquartered in Lincoln, Nebraska and files with the IRS under EIN 476037940.
How many years of IRS 990 filings does Grace Lutheran Church Foundation Of Lincoln Nebraska Inc have?
Grace Lutheran Church Foundation Of Lincoln Nebraska Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $34K in total revenue.
Filing History
IRS 990 filing history for Grace Lutheran Church Foundation Of Lincoln Nebraska Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grace Lutheran Church Foundation Of Lincoln Nebraska Inc's revenue has grown by 247.6%, moving from $6K to $23K. Total assets increased by 4.5% over the same period, from $443K to $463K. Total functional expenses rose by 218.7%, from $7K to $23K. In its most recent filing year (2023), Grace Lutheran Church Foundation Of Lincoln Nebraska Inc reported a deficit of $608, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23K | $23K | $463K | $0 | — | — |
| 2022 | $2K | $39K | $422K | $0 | — | View 990 |
| 2021 | $64K | $22K | $460K | $0 | — | — |
| 2020 | $30K | $30K | $417K | $0 | — | View 990 |
| 2019 | $28K | $30K | $417K | $0 | — | View 990 |
| 2018 | $-1,514 | $58K | $419K | $0 | — | View 990 |
| 2017 | $46K | $39K | $478K | $0 | — | View 990 |
| 2016 | $35K | $29K | $471K | $0 | — | View 990 |
| 2015 | $27K | $44K | $465K | $0 | — | View 990 |
| 2014 | $32K | $14K | $482K | $0 | — | View 990 |
| 2013 | $23K | $30K | $464K | $0 | — | View 990 |
| 2012 | $52K | $25K | $470K | $0 | — | View 990 |
| 2011 | $6K | $7K | $443K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23K, expenses of $23K, and assets of $463K (revenue +1396.2% year-over-year).
- 2022: Revenue of $2K, expenses of $39K, and assets of $422K (revenue -97.7% year-over-year).
- 2021: Revenue of $64K, expenses of $22K, and assets of $460K (revenue +112.7% year-over-year).
- 2020: Revenue of $30K, expenses of $30K, and assets of $417K (revenue +7.5% year-over-year).
- 2019: Revenue of $28K, expenses of $30K, and assets of $417K.
- 2018: Revenue of $-1,514, expenses of $58K, and assets of $419K (revenue -103.3% year-over-year).
- 2017: Revenue of $46K, expenses of $39K, and assets of $478K (revenue +29.7% year-over-year).
- 2016: Revenue of $35K, expenses of $29K, and assets of $471K (revenue +30.1% year-over-year).
- 2015: Revenue of $27K, expenses of $44K, and assets of $465K (revenue -15.6% year-over-year).
- 2014: Revenue of $32K, expenses of $14K, and assets of $482K (revenue +37.9% year-over-year).
- 2013: Revenue of $23K, expenses of $30K, and assets of $464K (revenue -55.4% year-over-year).
- 2012: Revenue of $52K, expenses of $25K, and assets of $470K (revenue +707.2% year-over-year).
- 2011: Revenue of $6K, expenses of $7K, and assets of $443K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace Lutheran Church Foundation Of Lincoln Nebraska Inc:
Data Sources and Methodology
This transparency report for Grace Lutheran Church Foundation Of Lincoln Nebraska Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.