Lutheran Endownment & Aid Fund Inc
Only null% goes to programs Strong reserves Declining revenue
Lutheran Endownment & Aid Fund Inc is a 501(c)(3) organization based in Painesville, Ohio, registered in 2004, with $136,426 in FY2024 revenue. CharityIndex grades it D.
508 Mentor Ave, Painesville, OH, 44077 EIN 34-1789663 Since 2004
Revenue (FY2024)
$136K
▲ 10342.2% vs prior year
Religion median: $139K
Expenses (FY2024)
$174K
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lutheran Endownment & Aid Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating140 mo reserves · -28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lutheran Endownment & Aid Fund Inc: 140 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lutheran Endownment & Aid Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lutheran Endownment & Aid Fund Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 508 Mentor Ave, Painesville, OH, 44077
- City
- Painesville
- State
- Ohio
- Category
- Religion-Related
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $64K (FY2015) to $136K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.0M
Operating margin
-27.7%
Spent more than it raised in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$0
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $136,426▲10342% | $174,154▲142% | $2,037,531▼1.3% | $2,037,531▼1.3% | 990 |
| 2023 | -$1,332▼102% | $71,945▼67.3% | $2,064,894▼2.8% | $2,064,894▼2.8% | 990 |
| 2022 | $79,605▼87.6% | $220,016▲54.5% | $2,124,768▼5.8% | $2,124,768▼5.8% | 990 |
| 2021 | $643,910▲539% | $142,413▲676% | $2,256,058▲27.3% | $2,256,058▲27.3% | 990 |
| 2020 | $100,847▼17.4% | $18,360▼32.3% | $1,772,615▲6.1% | $1,772,615▲6.1% | 990 |
| 2019 | $122,117▼44.3% | $27,117▲77.5% | $1,671,318▲6.0% | $1,671,318▲6.0% | 990 |
| 2018 | $219,090▲155% | $15,273▼2.6% | $1,577,087▲15.1% | $1,577,087▲15.1% | 990 |
| 2017 | $85,918▲15.3% | $15,681▲6.4% | $1,370,313▲5.5% | $1,370,313▲5.5% | 990 |
| 2016 | $74,503▲17.2% | $14,736▼82.5% | $1,299,108▲4.9% | $1,299,108▼0.7% | 990 |
| 2015 | $63,592 | $84,217 | $1,237,889 | $1,307,889 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Lutheran Endownment & Aid Fund Inc a legitimate nonprofit?
- Yes. Lutheran Endownment & Aid Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1789663, based in Painesville, Ohio. Donations are tax-deductible.
- What is Lutheran Endownment & Aid Fund Inc's EIN?
- Lutheran Endownment & Aid Fund Inc's Employer Identification Number (EIN) is 34-1789663.
- How much revenue does Lutheran Endownment & Aid Fund Inc report?
- Lutheran Endownment & Aid Fund Inc reported $136,426 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lutheran Endownment & Aid Fund Inc have?
- CharityIndex grades Lutheran Endownment & Aid Fund Inc D, based on financial health (reserves and operating margin).
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Data for Lutheran Endownment & Aid Fund Inc (EIN 34-1789663) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.