Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
Texas Lutheran University
EIN 74-1109748 • 501(c)3 • Seguin, TX
Profile
Texas lutheran university is a community of learning and a community of faith. See schedule o for continuation of mission statement.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.20x
Liabilities / Revenue
55th percentile
Higher debt load relative to revenue than 55% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
24th percentile
Higher top officer pay than 24% of similar nonprofits.
Top officer pay equals 0.4% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Up$171,203,337
Up $2,588,954 (+1.5%) from 2023
Liabilities
Down$36,215,391
Down $1,658,839 (-4.4%) from 2023
Net Assets
Up$134,987,946
Up $4,247,793 (+3.2%) from 2023
Revenue
Down$65,028,105
Down $543,133 (-0.8%) from 2023
Expenses
Up$71,794,577
Up $1,939,542 (+2.8%) from 2023
Net Income
Down-$6,766,472
Down $2,482,675 (-58%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $171,203,337
- Liabilities
- $36,215,391
- Net assets
- $134,987,946
- Revenue
- $65,028,105
- Expenses
- $71,794,577
- Net income
- -$6,766,472
Latest Detailed Filing
The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2017 to May 31, 2018
- Signed
- Apr 5, 2019
- Return Version
- 2017v2.3
- Gross Receipts
- $66,211,633
Mission and Program Overview
Mission
As a community of faith and learning, texas lutheran university empowers a diverse student body through an education centered on the liberal arts and professional programs. See schedule o for continuation of mission statement.
Texas lutheran university is a community of learning and a community of faith. See form 990, part iii, line 1 for continuation of mission statement.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $62,074,361 | $65,366,415 | ▲ $3,292,054 |
| Investments in Publicly Traded Securities | $49,375,928 | $51,608,969 | ▲ $2,233,041 |
| Investments Other Securities | $49,264,319 | $49,661,445 | ▲ $397,126 |
| Other Notes and Loans Receivable, Net | $3,660,197 | $3,338,272 | ▼ $321,925 |
| Pledges and Grants Receivable | $2,663,711 | $2,049,001 | ▼ $614,710 |
| Prepaid Expenses and Deferred Charges | $1,624,193 | $1,776,001 | ▲ $151,808 |
| Accounts Receivable | $461,405 | $532,199 | ▲ $70,794 |
| Inventories for Sale or Use | $350,574 | $331,609 | ▼ $18,965 |
| Savings and Temporary Cash Investments | $1,525,483 | $304,424 | ▼ $1,221,059 |
| Cash and Non-Interest-Bearing Accounts | $109,606 | $91,777 | ▼ $17,829 |
| Total Assets | $171,571,580 | $175,570,202 | ▲ $3,998,622 |
| Other Assets Total | $461,803 | $510,090 | ▲ $48,287 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $27,725,084 | $26,457,211 | ▼ $1,267,873 |
| Other Liabilities | $6,445,111 | $6,257,733 | ▼ $187,378 |
| Accounts Payable and Accrued Expenses | $5,698,871 | $4,328,858 | ▼ $1,370,013 |
| Unsecured Notes Loans Payable | $2,500,000 | $4,000,000 | ▲ $1,500,000 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $3,825,182 | ▲ $3,825,182 |
| Deferred Revenue | $1,569,501 | $1,642,260 | ▲ $72,759 |
| Total Liabilities | $43,938,567 | $46,511,244 | ▲ $2,572,677 |
| Net Assets / Fund Balance | |||
| Permanently Rstr Net Assets | $61,964,385 | $64,737,465 | ▲ $2,773,080 |
| Unrestricted Net Assets | $45,162,233 | $47,727,232 | ▲ $2,564,999 |
| Temporarily Rstr Net Assets | $20,506,395 | $16,594,261 | ▼ $3,912,134 |
| Total Net Assets Fund Balance | $127,633,013 | $129,058,958 | ▲ $1,425,945 |
| Total Liabilities and Net Assets / Fund Balance | $171,571,580 | $175,570,202 | ▲ $3,998,622 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $42,898,246 | $33,508,124 | $76,406,370 |
| Leasehold Improvements | $14,805,692 | $9,769,088 | $24,574,780 |
| Equipment | $2,960,195 | $15,029,810 | $17,990,005 |
| Land | $3,758,646 | - | $3,754,146 |
| Other Land Buildings | $943,636 | - | $943,636 |
| Other Securities | $3,242,987 | - | - |