Free Lutheran Theological Seminary Corporation
Plymouth, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,308,041↑10% | $5,201,675↑21% | $17,019,037↓1% | |
| 2022 | $4,830,075↑5% | $4,298,468↑10% | $17,147,160↑4% | — |
| 2021 | $4,596,740↑26% | $3,897,485↑1% | $16,562,227↑45% | — |
| 2020 | $3,653,057↓12% | $3,845,300↓1% | $11,427,011↑27% | — |
| 2019 | $4,157,222↓22% | $3,887,729 | $9,030,262↑10% | — |
| 2018 | $5,338,243↑60% | $3,871,036↑18% | $8,221,681↑17% | — |
| 2017 | $3,338,321 | $3,286,055 | $7,051,371 | — |
Frequently Asked Questions
What does Free Lutheran Theological Seminary Corporation do?▼
Free Lutheran Theological Seminary Corporation is a education nonprofit organization based in Minnesota. It is classified under NTEE code B50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Free Lutheran Theological Seminary Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Free Lutheran Theological Seminary Corporation has a score of 82/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Free Lutheran Theological Seminary Corporation generate?▼
Free Lutheran Theological Seminary Corporation reports $6.0M in annual revenue and holds $17.1M in total assets, based on IRS filings.