CSCharityScored
62

Free Lutheran Theological Seminary Corporation

Education · Minneapolis, Minnesota

3134 E Medicine Lake Blvd, Minneapolis, MN 55441-3008

EIN: 200052373· Founded: Nov 2018· 8 years active· Filing Year: 2023

Annual Revenue

$5.3M

Total Expenses

$5.2M

Total Assets

$17.0M

Program Spending

48%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$413K

7.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.8M

Total Payroll

$2.2M

43% of total expenses

Where the Money Goes

48%
Programs: 48%
Payroll: 43%
Other overhead: 52%
Program Revenue$2.5M (47%)
Total Expenses$5.2M (98%)
Payroll$2.2M (43%)
Overhead (non-program)52%

Trust Score Breakdown

Program Spending Ratio

48% of expenses go to programs

40%

Revenue & Stability

$5.3M annual revenue

15%

Executive Compensation

$413K total officer comp (7.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$17.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.