LANTERN COMMUNITY SERVICES INC (EIN 133910692) - 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

2005

Legal Domicile

Principal Officer

AMY LAROVERE

Phone

2123983073

Tax Period

2024-07-01 to 2025-06-30

LANTERN COMMUNITY SERVICES INC, founded in 2005, is a mid-sized nonprofit in the Housing & Shelter sector that reported $38.9M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

LANTERN COMMUNITY SERVICES' MISSION IS TO CHAMPION THE INDEPENDENCE AND WELL-BEING OF PEOPLE WHO ARE IMPACTED BY OR THREATENED WITH HOMELESSNESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $38,578,484

Program Service Revenue $0

Investment Income $139

Other Revenue $328,297

TOTAL REVENUE $38,906,920

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,051,353

Fundraising Expenses $77,785

Program Expenses $31,763,448

Other Expenses $19,769,115

TOTAL EXPENSES $38,820,468

Year-over-Year Comparison

	2024	2023	Change
Revenue	$38,906,920	$47,324,503	-0.2%
Expenses	$38,820,468	$46,264,645	-0.2%
Net Income	$86,452	$1,059,858	-0.9%

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

363

Volunteers

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

$608,432

Total Directors

Key Employees

$410,440

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY LAROVERE	CHAIR	1.00	Officer Director	$0	$0	$0
NATHANIAL WISE	TREASURER	1.00	Officer Director	$0	$0	$0
RAFAL MARKWAT	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRISTAPHER BENSON	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL KENT	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN D'SOUSA	DIRECTOR	1.00	Director	$0	$0	$0
SEBASTIAN PALMER	DIRECTOR	1.00	Director	$0	$0	$0
DIANE CAROLE LOUARD-MICHEL	EXECUTIVE DIRECTOR	35.00	Officer	$319,756	$36,154	$355,910
MICHAEL PATRICK WINTER	CFAO	35.00	Officer	$236,089	$16,433	$252,522
RICHARD JAMES LARSON	CHIEF STRAT. & INNOV. OFC	35.00	Key Emp	$168,350	$36,400	$204,750
ALEXANDRA FRANCIS	CHIEF PROGRAM OFFICER	35.00	Key Emp	$187,126	$18,564	$205,690
JANET THOMAS	MANAGER OF FINANCIAL REPORTING	35.00	Highest	$119,181	$4,750	$123,931
ALICIA SWEENEY	VICE PRESIDENT, SUPPORTIVE HOUSING	35.00	Highest	$112,909	$7,056	$119,965
IZZAT SADYR	HUMAN RESOURCES MANAGER	35.00	Highest	$105,154	$11,844	$116,998
CHINETTA MITCHELL	ASSISTANT VICE PRESIDENT	35.00	Highest	$106,368	$13,809	$120,177
WIDMARK LEFORT	VICE PRESIDENT OF OPERATIONS	35.00	Highest	$101,782	$15,937	$117,719

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
2025	$38,906,920	$38,820,468	$25,941,755	$86,452
2024	$47,324,503	$46,264,645	$29,416,981	$1,059,858
2023	$47,384,655	$46,365,785	$26,535,079	$1,018,870
2022	$38,511,196	$38,101,598	$16,669,620	$409,598
2021	$30,172,757	$30,113,136	$8,603,902	$59,621
2020	$23,396,517	$23,425,024	$6,573,293	$-28,507
2019	$18,597,200	$18,179,917	$6,782,150	$417,283
2018	$16,118,535	$14,555,588	$4,474,742	$1,562,947

LANTERN COMMUNITY SERVICES INC