LOU Homes Inc

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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

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

Program Service Accomplishments

Program 1

Expenses: $8,736 Revenue: $93,897

LOU Homes Inc has provided affordable homes to 3 new patrons this year, and has built a foundation for further progress in the coming years. It has managed to sell homes at substantially less than...

LOU Homes Inc has provided affordable homes to 3 new patrons this year, and has built a foundation for further progress in the coming years. It has managed to sell homes at substantially less than the prevailing appraisal values in the area. LOU Homes continues to offer financial information to potential buyers, to help them get their financial health in order. LOU Homes Inc has provided affordable homes to 3 new patrons this year, and has built a foundation for further progress in the coming years. It has managed to sell homes at substantially less than the prevailing appraisal values in the area. LOU Homes continues to offer financial information to potential buyers, to help them get their financial health in order.

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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 (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

Governance

Voting Members

Independent Members

Employees

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
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