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Minnesota · Nonprofit

THE GOOD SHEPHERD LUTHERAN FOUNDATION INC

THE GOOD SHEPHERD LUTHERAN FOUNDATION INC (Minnesota) receives grants from 2 organizations whose IRS filings report $49,050 to it, the largest being LEADINGAGE MINNESOTA FOUNDATION ($49,000). 1 of them have funded it in more than one year.

Revenue FY2024
$155k
Funders on record
2
Grants received
$49k
Net assets
$2.0M
1/2 repeat funderspeak grant-dependency 28%
01What it does

What The Good Shepherd Lutheran Foundation Inc does

Mission

The good shepherd foundation ("foundation") is dedicated to the care, comfort, and compassion of the aging population served by the good shepherd lutheran home & affiliates. Through active fund development efforts, special events, investment strategies, special programming, community partnerships and the granting of funds, we enhance and enrich the lives of those entrusted to our care.

As stated on its FY2024 Form 990.

Program

  1. The foundation made meaningful progress in 2024, advancing campus improvements, launching innovative programs, and enhancing services that enriched the daily lives of residents and staff. These accomplishments were made possible through strategic planning, intentional fundraising, and the heartfelt generosity of our supporters, whose unwavering contributions to both greatest needs and restricted funds continue to make a lasting impact.throughout the year, the foundation remained committed to gratitude and stewardship through thoughtful communication, recognition, and relationship-building. Monetary and in-kind gifts supported all levels of care, reinforcing trust both within and beyond our organization. These contributions strengthened relationships with residents, families, employees, business partners, and long-standing donors.as a result, stewardship driven grant approvals focused on elevating quality of life and creating warm, dignified, and homelike environments. Funded initiatives included court corridor and common area upgrades, garden box soil testing and replacement, the mille lacs lake household kitchen remodel, a vibrant outdoor fence mural at shepherd of grace memory…

    $44,381 spentof which $44,381 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $44,381.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($127k) Expenses 100 ($21k) Net assets 100 ($1.2M)2018 Revenue 185 ($235k) Expenses 177 ($37k) Net assets 98 ($1.2M)2019 Revenue 190 ($242k) Expenses 176 ($36k) Net assets 136 ($1.6M)2020 Revenue 99 ($126k) Expenses 366 ($76k) Net assets 157 ($1.9M)2021 Revenue 157 ($199k) Expenses 255 ($53k) Net assets 178 ($2.1M)2022 Revenue 109 ($139k) Expenses 1079 ($223k) Net assets 132 ($1.6M)2023 Revenue 152 ($193k) Expenses 838 ($173k) Net assets 148 ($1.8M)2024 Revenue 122 ($155k) Expenses 387 ($80k) Net assets 164 ($2.0M)
'17'18'19'20'21'22'23'24
Revenue (122)Expenses (387)Net assets (164)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $3.2M to $2.5M (−21%).

$2.2M
$2.1M
$2.6M
$2.8M
$3.2M
$2.5M
$2.7M
$2.9M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

15% of THE GOOD SHEPHERD LUTHERAN FOUNDATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (82% for the typical peer).

This organization
Typical peer · 14,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$106k
’17
$198k
’18
$205k
’19
$51k
’20
$147k
’21
−$84k
’22
$19k
’23
$75k
’24
1.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michael Stordahl

President/CEO/administrator

Board chair

Mike Fitch

Chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

'17'18'19'20'21'22'23'24
Listed1514151518181614
Joined·+4+4+3+8+7+2+0
No longer listed·5335742
03Who funds it

Who funds it, year by year

2020 → 2022: the base narrowed from 2 funders to 1 funder, grant income rose $10k → $39k.

Funder
'20
'22
total
funders
2
1

From the IRS filings of THE GOOD SHEPHERD LUTHERAN FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE GOOD SHEPHERD LUTHERAN FOUNDATION INC leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE GOOD SHEPHERD LUTHERAN FOUNDATION INC.

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2022 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of THE GOOD SHEPHERD LUTHERAN FOUNDATION INC's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’20
’22
Minnesota out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE GOOD SHEPHERD LUTHERAN FOUNDATION INC runs a healthier operating margin than three-quarters of the 13,754 health nonprofits its size.

Operating margin48% · top quartile
Months of reserve1.5mo · bottom quartile
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 13,754 health nonprofits $100k–$1M, FY2024

Organizations like THE GOOD SHEPHERD LUTHERAN FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

55% of spending goes to programs.

Program 55%Management 45%Fundraising 0%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 4 related entities

  • Good Shepherd Lutheran Home of Sauk Rapids Minnesota · exempt
  • Shepherd Oak Apartments Inc · exempt
  • Shepherd Oak West Apartments Inc · exempt
  • Good Shepherd Homes Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE GOOD SHEPHERD LUTHERAN FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE GOOD SHEPHERD LUTHERAN FOUNDATION INC?
THE GOOD SHEPHERD LUTHERAN FOUNDATION INC (Minnesota) receives grants from 2 organizations whose IRS filings report $49,050 to it, the largest being LEADINGAGE MINNESOTA FOUNDATION ($49,000). 1 of them have funded it in more than one year.
How many funders does THE GOOD SHEPHERD LUTHERAN FOUNDATION INC have?
IRS filings report 2 organizations giving $49,050 in grants to THE GOOD SHEPHERD LUTHERAN FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of THE GOOD SHEPHERD LUTHERAN FOUNDATION INC?
LEADINGAGE MINNESOTA FOUNDATION is the largest funder on record, with $49,000 in grants. The full list of funders is on this page.
How can an organization like THE GOOD SHEPHERD LUTHERAN FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing