X โ€” Religion-RelatedEIN: 411373106ยท Ruling Year: 1980

Mount Olivet Lutheran Church Foundation

Minneapolis, Minnesota

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$3.9M
Total Revenue
๐Ÿ“Š
$943K
Total Expenses
๐Ÿฆ
$15.0M
Net Assets
๐Ÿ“‹
$13.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-31.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+76.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
15.87
Net assets divided by total expenses
Liabilities-to-Assets
46.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,947,574โ†“32%$943,078โ†‘90%$27,951,434โ†‘30%
2022$5,799,070โ†‘557%$495,791โ†‘7%$21,474,925โ†‘8%
2021$882,098โ†“44%$463,040โ†“75%$19,863,182โ†‘15%
2020$1,583,028โ†‘7%$1,816,762โ†“10%$17,314,648โ†‘10%
2019$1,473,140โ†‘142%$2,028,974โ†‘25%$15,765,096โ†‘11%
2018$609,061โ†‘24%$1,629,589โ†‘139%$14,264,567โ†“14%
2017$489,687โ†“2%$680,679โ†“16%$16,515,851โ†“10%
2016$502,056โ†“90%$806,427โ†“70%$18,317,680โ†‘1%
2015$4,998,791โ†‘1906%$2,655,333โ†‘885%$18,083,654โ†‘6%
2014$249,247โ†“29%$269,669โ†“44%$17,044,839โ†‘2%
2013$351,310โ†“6%$485,402โ†“5%$16,643,836โ†‘12%
2012$374,648โ†“52%$512,741โ†“13%$14,859,343โ†‘28%
2011$785,834$586,816$11,644,158

Frequently Asked Questions

What does Mount Olivet Lutheran Church Foundation do?โ–ผ

Mount Olivet Lutheran Church Foundation is a religion-related nonprofit organization based in Minnesota. It is classified under NTEE code X21I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mount Olivet Lutheran Church Foundation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Mount Olivet Lutheran Church Foundation has a score of 76/100 (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 Mount Olivet Lutheran Church Foundation generate?โ–ผ

Mount Olivet Lutheran Church Foundation reports $2.4M in annual revenue and holds $32.9M in total assets, based on IRS filings.

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Mount Olivet Lutheran Church Foundation โ€” Minneapolis, MN | GiveScope