Luther Academy

Nonprofit profile at a glance

EIN
363769202
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2019, Form 990-EZ 2024
Location
Fort Wayne, IN, USA
Phone
4144672643
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$185,732
Expenses
$226,281
Assets
$104,541
Liabilities
$77,831

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • ROBERT BENNETT (EXECUTIVE DIRECTOR)
  • BUCKY HELLWIG (VICE PRESIDENT)
  • REV DANIEL PREUS (PRESIDENT)

People named in this filing

  • ROBERT BENNETT (EXECUTIVE DIRECTOR)
  • CARL ROTH (SECRETARY)
  • BUCKY HELLWIG (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote lutheran theology research

What it reported doing in 2024

Distributed multiple theological journals and booksand hosted conferences across the world for theological teaching and discussion

Operating model

Revenue model
Donor-supported. 82% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 22
  • Transparency & Controls: 82
  • Sustainability: 22
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 22.7%; rating input score 23
  • Program expense ratio: 18.6%; rating input score 19

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -21.8%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.74; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 10.1% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: -1.8% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: -13.3% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 22.7% of revenue deployed · 18.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $42K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 23/100.
  • High — Financial Efficiency: Program expense ratio scored 19/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.