Civic Intelligence

Luther Classical College

EIN 86-1430466 • 501(c)3 • Casper, WY

Pub. 78 Eligible

Profile

Luther classical college educates lutherans in the classical, lutheran tradition and prepares them for godly vocations within family, church, and society, fostering christian culture through study of the best of our western heritage.

2300 South HickoryCasper, WY 82604

www.lutherclassical.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.08x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.10x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

93rd percentile

62%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

97th percentile

142%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

82%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,265,602

Up $2,499,989 (+142%) from 2023

Liabilities

Up

$346,294

Up $281,531 (+435%) from 2023

Net Assets

Up

$3,919,308

Up $2,218,458 (+130%) from 2023

Revenue

Up

$3,550,295

Up $1,595,642 (+82%) from 2023

Expenses

Up

$1,331,837

Up $596,445 (+81%) from 2023

Net Income

Up

$2,218,458

Up $999,197 (+82%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2021: $90,361Liabilities 2021: $0Net Assets 2021: $90,3612021Assets 2022: $484,956Liabilities 2022: $7,379Net Assets 2022: $477,5772022Assets 2023: $1,765,613Liabilities 2023: $64,763Net Assets 2023: $1,700,8502023Assets 2024: $4,265,602Liabilities 2024: $346,294Net Assets 2024: $3,919,3082024

Highlighted filing

2024

Assets$4,265,602
Liabilities$346,294
Net Assets$3,919,308

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Revenue 2021: $110,797Expenses 2021: $20,436Net Income 2021: $90,3612021Revenue 2022: $625,595Expenses 2022: $238,379Net Income 2022: $387,2162022Revenue 2023: $1,954,653Expenses 2023: $735,392Net Income 2023: $1,219,2612023Revenue 2024: $3,550,295Expenses 2024: $1,331,837Net Income 2024: $2,218,4582024

Highlighted filing

2024

Revenue$3,550,295
Expenses$1,331,837
Net Income$2,218,458

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 1, 2025
Return Version
2024v5.0
Gross Receipts
$4,023,657
Mission and Program Overview

Mission

Luther classical college educates lutherans in the classical, lutheran tradition and prepares them for godly vocations within family, church, and society, fostering christian culture through study of the best of our western heritage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$175,374$2,182,375▲ $2,007,001
Cash and Non-Interest-Bearing Accounts$538,607$1,109,239▲ $570,632
Investments in Publicly Traded Securities$903,059$711,705▼ $191,354
Pledges and Grants Receivable$148,573$233,518▲ $84,945
Prepaid Expenses and Deferred Charges-$17,925-
Inventories for Sale or Use-$10,840-
Total Assets$1,765,613$4,265,602▲ $2,499,989
Liabilities
Mortgage Notes Payable Secured by Investment Property-$236,696-
Accounts Payable and Accrued Expenses$64,763$98,598▲ $33,835
Deferred Revenue-$11,000-
Total Liabilities$64,763$346,294▲ $281,531
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,269,233$3,576,495▲ $2,307,262
Net Assets With Donor Restrictions$431,617$342,813▼ $88,804
Total Net Assets Fund Balance$1,700,850$3,919,308▲ $2,218,458
Total Liabilities and Net Assets / Fund Balance$1,765,613$4,265,602▲ $2,499,989

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,182,375-$2,182,375
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ryan MacphersonAcademic DeaFT$122,944$122,944
Samuel PreusDirector of AdvaFT$108,663$108,663
Harold RistauPresidentFT$66,594$66,594
Rebekah BennickCFOFT$45,486$45,486

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,447,180
Program Service Revenue
$2,475
Investment Income
$83,339
Other Revenue
$17,301
All Other Contributions
$3,447,180
Change in Net Assets
$2,218,458

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded1$236,632
Other Non Cash Contri Table5$19,307
Other Non Cash Contri Table1$5,000
Total Noncash Contributions7$260,939

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,550,295
Total Revenue per Audited Statements
$3,550,295
Total Revenue per Form 990
$3,550,295
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$817,080
Other Expenses$460,718
Total Fundraising Expense$397,995
Professional Fundraising Fees$54,039
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$336,951$66,470$165,229$568,650
Advertising$87,423-$37,467$124,890
Current Officers, Directors, Trustees, and Key Employees$67,379$17,483$27,218$112,080
Comp Disqual Persons$48,710$12,639$19,677$81,026
Travel$35,865-$35,865$71,730
Information Technology$27,094$16,934$23,707$67,735
Payroll Taxes$33,049$8,575$13,350$54,974
Fees for Services Professional Fundraising--$54,039$54,039
Fees for Services Other$36,022$7,719-$43,741
Conferences and Meetings$34,900--$34,900
Occupancy$19,840$4,412$9,182$33,434
Office Expenses$13,166$13,166$6,583$32,915
Insurance$7,458$5,593$5,593$18,644
Fees for Services Accounting-$10,864-$10,864
Interest-$7,937-$7,937
Other Expenses$500$11,795-$500
Other Employee Benefits$210$55$85$350
Total Functional Expenses$750,200$183,642$397,995$1,331,837

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,331,837
Total Expenses per Audited Statements$1,331,837
Total Expenses per Form 990$1,331,837
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$54,039
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Harold RistauOfficerPurchase of BuildingNo$480,000
William GottwaltFamilySalaryNo$81,026
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The treasurer and the board reviews the 990 before it is filed but the treasurer will approve the return.

Form 990, Page 6, Part VI, Line 12C

The board monitors and enforces compliance with the conflict of interest policy by requiring board members, employees, contractors, and volunteers to review applicable business and family relationships and disclose any actual or possible conflicts. The board then reviews any disclosed actual or possible conflicts of interest. If a conflict of interest is found, appropriate steps are taken to mitigate or eliminate the conflict of interest.

Form 990, Page 6, Part VI, Line 15A

The board has conducted research of similar organizations regarding the compensation for key employees and has reviewed market trends. The research has been compared to public information of other non-profit organizations for verification. After such research and verification the board deliberates and decides on compensation for key employees at their quarterly meetings. The meetings are contemporaneously documented in the meeting minutes.

Form 990, Page 6, Part VI, Line 15B

The board has conducted research of similar organizations regarding the compensation for key employees and has reviewed market trends. The research has been compared to public information of other non-profit organizations for verification. After such research and verification the board deliberates and decides on compensation for key employees at their quarterly meetings. The meetings are contemporaneously documented in the meeting minutes.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Luther Classical College
EIN
86-1430466
Phone
3072165294
Address
2300 SOUTH HICKORY, CASPER, WY 82604

Signing Officer

Name
Justin Benson
Title
Regent
Phone
3072873348
Signed
2025-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Micah Christensen
Formed
2020
Legal Domicile
Wy
Voting Board Members
14
Independent Board Members
14
Employees
15

Preparer

Firm
David C Moja CPA
Address
PO BOX 531, REIDSVILLE, GA 30453
Preparer
Dave Moja
Phone
3212589907
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Luther classical college educates lutherans in the classical, lutheran tradition and prepares them for godly vocations within family, church, and society, fostering christian culture through study of the best of our western heritage.

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