LORMET HDFC (EIN 112727514) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Phone

7183885454

Tax Period

2020-01-01 to 2020-12-31

LORMET HDFC, founded in 1989, is a small nonprofit that reported $685K in total revenue in fiscal year 2020. Expenses of $599K left a modest 13% surplus.

Mission

To provide affordable housing for persons and families of low income.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $685,390

Investment Income $11

Other Revenue $0

TOTAL REVENUE $685,401

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $598,766

Other Expenses $598,766

TOTAL EXPENSES $598,766

Year-over-Year Comparison

	2020	2019	Change
Revenue	$685,401	$652,953	+0.0%
Expenses	$598,766	$699,338	-0.1%
Net Income	$86,635	$-46,385	-2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph K Robles	PRESIDENT	002.00	Officer Director	$0	$0	$0
John DArienzo	Treasurer	001.00	Officer Director	$0	$0	$0
Laura James	Vice Chair	001.00	Officer Director	$0	$0	$0
Pastor Philip J Waldvogel	Secretary	000.50	Officer Director	$0	$0	$0
Michael Andrews	member	000.25	Director	$0	$0	$0
Ed Brittenham	member	000.25	Director	$0	$0	$0
Phil Caponegro	member	000.25	Director	$0	$0	$0
David Dobosz	member	000.25	Director	$0	$0	$0
David Fagan	member	000.25	Director	$0	$0	$0
Kim Gabriel	member	000.25	Director	$0	$0	$0
Lisa Gutting	member	000.25	Director	$0	$0	$0
Ray Kairys	member	000.25	Director	$0	$0	$0
Sal Meli	member	000.25	Director	$0	$0	$0
Felicia Pecoraro	member	000.25	Director	$0	$0	$0
Benjamin Robles Sr	member	000.25	Director	$0	$0	$0
Lisa Summa	member	000.25	Director	$0	$0	$0
Theresa Womble	member	000.25	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$685,401	$598,766	$2,065,434	$86,635
2019	$652,953	$699,338	$1,999,044	$-46,385
2018	$676,362	$551,103	$2,052,139	$125,259

LORMET HDFC