LOU Homes Inc

EIN: 134349811 501(c)(3) Housing & Shelter

Oxford, MS

Total Revenue
$93,897
Total Expenses
$18,415
Total Assets
$185,936
Net Assets
$184,768
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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
2007
Legal Domicile
MS
Principal Officer
Brooke Worthy
Tax Period
2019-10-01 to 2020-09-30

LOU Homes Inc, founded in 2007, is a micro nonprofit in the Housing & Shelter sector that reported $94K in total revenue in fiscal year 2019. The organization ran a surplus of $75K, a strong 80% operating margin.

Mission

Provide affordable Homes

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $89,613
Investment Income $1,084
Other Revenue $3,200
TOTAL REVENUE $93,897

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,562
Fundraising Expenses $0
Program Expenses $8,736
Other Expenses $5,853
TOTAL EXPENSES $18,415

Year-over-Year Comparison

2019 2018 Change
Revenue $93,897 N/A N/A
Expenses $18,415 N/A N/A
Net Income $75,482 N/A N/A
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

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Governance

Voting Members
17
Independent Members
17
Employees
1
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brooke Worthy President 8.00
Officer
$0 $0 $0
Forrest Jenkins Vice President 8.00
Officer
$0 $0 $0
Kathy Sukanek Secretary 8.00
Officer
$0 $0 $0
Leroy Thompson Treasurer 8.00
Officer
$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 $93,897 $18,415 $185,936 $75,482
2019 $14,918 $16,324 $109,286 $-1,406
2018 $41,670 $15,151 $110,692 $26,519
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