Lutheran School Services Organization Inc
EIN: 263266542 · Fort Wayne, IN · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $552K |
| Total Expenses | $755K |
| Net Assets | $172K |
Is Lutheran School Services Organization Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lutheran School Services Organization Inc
Lutheran School Services Organization Inc (EIN: 263266542) is a nonprofit organization based in Fort Wayne, IN, classified under NTEE code B90. The organization reported total revenue of $552K and total assets of $281K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lutheran School Services Organization Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lutheran School Services Organization Inc is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $670K |
| Total Expenses | $755K |
| Surplus / Deficit | $-84,778 |
| Total Assets | $238K |
| Total Liabilities | $65K |
| Net Assets | $172K |
| Operating Margin | -12.7% |
| Debt-to-Asset Ratio | 27.4% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, Lutheran School Services Organization Inc reported a deficit of $85K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 27.4% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Lutheran School Services Organization Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.2% | +31.1% | -50.5% |
| 2022 | +15.9% | +2.1% | +28.1% |
| 2021 | +24.6% | +19.2% | +32.0% |
| 2020 | -7.5% | -9.9% | +15.3% |
| 2019 | -4.3% | +6.6% | +21.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lutheran School Services Organization 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 Lutheran School Services Organization 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 $85K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.4%.
Frequently Asked Questions about Lutheran School Services Organization Inc
Is Lutheran School Services Organization Inc a legitimate charity?
Lutheran School Services Organization Inc (EIN: 263266542) is a registered tax-exempt nonprofit based in Indiana. It has 12 years of IRS 990 filings on record. Total revenue: $552K. No red flags identified. Financial health grade: B.
How does Lutheran School Services Organization Inc spend its money?
Lutheran School Services Organization Inc reported $552K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lutheran School Services Organization Inc tax-deductible?
Lutheran School Services Organization Inc is registered as a tax-exempt nonprofit (EIN: 263266542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lutheran School Services Organization Inc located?
Lutheran School Services Organization Inc is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 263266542. It is classified under NTEE code B90.
How many years of IRS 990 filings does Lutheran School Services Organization Inc have?
Lutheran School Services Organization Inc has 12 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 $552K in total revenue.
Filing History
IRS 990 filing history for Lutheran School Services Organization Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Lutheran School Services Organization Inc's revenue has grown by 38.1%, moving from $485K to $670K. Total assets increased by 526.7% over the same period, from $38K to $238K. Total functional expenses rose by 56.3%, from $483K to $755K. In its most recent filing year (2023), Lutheran School Services Organization Inc reported a deficit of $85K, with expenses exceeding revenue. The organization holds $65K in liabilities against $238K in assets (debt-to-asset ratio: 27.4%), resulting in net assets of $172K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $670K | $755K | $238K | $65K | — | View 990 |
| 2022 | $678K | $576K | $480K | $223K | — | View 990 |
| 2021 | $585K | $564K | $374K | $220K | — | View 990 |
| 2020 | $470K | $473K | $284K | $150K | — | View 990 |
| 2019 | $508K | $525K | $246K | $109K | — | View 990 |
| 2018 | $531K | $493K | $202K | $47K | — | View 990 |
| 2017 | $482K | $434K | $226K | $109K | — | View 990 |
| 2016 | $558K | $553K | $104K | $35K | — | View 990 |
| 2015 | $445K | $450K | $173K | $109K | — | View 990 |
| 2014 | $490K | $431K | $80K | $12K | — | View 990 |
| 2013 | $446K | $452K | $37K | $27K | — | View 990 |
| 2012 | $485K | $483K | $38K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $670K, expenses of $755K, and assets of $238K (revenue -1.2% year-over-year).
- 2022: Revenue of $678K, expenses of $576K, and assets of $480K (revenue +15.9% year-over-year).
- 2021: Revenue of $585K, expenses of $564K, and assets of $374K (revenue +24.6% year-over-year).
- 2020: Revenue of $470K, expenses of $473K, and assets of $284K (revenue -7.5% year-over-year).
- 2019: Revenue of $508K, expenses of $525K, and assets of $246K (revenue -4.3% year-over-year).
- 2018: Revenue of $531K, expenses of $493K, and assets of $202K (revenue +10.0% year-over-year).
- 2017: Revenue of $482K, expenses of $434K, and assets of $226K (revenue -13.5% year-over-year).
- 2016: Revenue of $558K, expenses of $553K, and assets of $104K (revenue +25.3% year-over-year).
- 2015: Revenue of $445K, expenses of $450K, and assets of $173K (revenue -9.2% year-over-year).
- 2014: Revenue of $490K, expenses of $431K, and assets of $80K (revenue +10.0% year-over-year).
- 2013: Revenue of $446K, expenses of $452K, and assets of $37K (revenue -8.1% year-over-year).
- 2012: Revenue of $485K, expenses of $483K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lutheran School Services Organization Inc:
Data Sources and Methodology
This transparency report for Lutheran School Services Organization 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.