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LUTHERAN HOMES OF MICHIGAN FOUNDATION
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LUTHERAN HOMES OF MICHIGAN FOUNDATION
Saginaw, MI, US
•
501(c)3
•
EIN
26-1630687
•
WWW.WELLSPRINGLUTHERAN.COM
•
Regional Funder
LUTHERAN HOMES OF MICHIGAN FOUNDATION
Sign up to claim this org
Saginaw, MI, US
•
501(c)3
•
EIN
26-1630687
•
WWW.WELLSPRINGLUTHERAN.COM
•
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$1,570,769
Contributions
76%
Other
16%
Investments
8%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$257,348
Grants
77%
Offices, Occupancy & IT
10%
Interest
7%
Salaries & Benefits
3%
Advertising & Promotion
2%
Other
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,057,486
$1,191,046
+13%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$76,176
$121,040
+59%
Other
$40,135
$258,683
+545%
Total Revenues
$1,173,797
$1,570,769
+34%
Expenses
2023
2024
Change
Grants
$59,416
$199,102
+235%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,323
$6,450
+2%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$5,450
$5,159
-5%
Offices, Occupancy & IT
$41,119
$26,883
-35%
Interest
$0
$18,569
-
Depreciation
$1,603
$0
-100%
Other
$1,707
$1,185
-31%
Total Expenses
$115,618
$257,348
+123%
Net income
2023
2024
Change
Net income
+$1,058,179
+$1,313,421
+24%
Functional Expenses
Summary
2023
2024
Change
Program
$65,739
$205,552
+213%
Admin
$49,879
$51,796
+4%
Fundraising
$0
$0
-
Total Expenses
$115,618
$257,348
+123%
Income Statement
