LH Homes II Inc

EIN: 161778255 501(c)(3) Housing & Shelter

Troy, MI

Total Revenue
$87,292
Total Expenses
$134,552
Total Assets
$594,852
Net Assets
$574,664
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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
2006
Legal Domicile
MI
Principal Officer
Tracy Carter
Phone
2489280111
Tax Period
2024-10-01 to 2025-09-30

LH Homes II Inc, founded in 2006, is a micro nonprofit in the Housing & Shelter sector that reported $87K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $135K exceeded revenue, resulting in a 54% operating deficit.

Mission

The promotion of the welfare of persons with disabilities, including the provision of housing under Section 811 under the National Affordable Housing Act.

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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 (2024)

Revenue Breakdown

Contributions & Grants $46,529
Program Service Revenue $37,918
Investment Income $2,845
Other Revenue $0
TOTAL REVENUE $87,292

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $101,806
Other Expenses $134,552
TOTAL EXPENSES $134,552

Year-over-Year Comparison

2024 2023 Change
Revenue $87,292 $96,361 -0.1%
Expenses $134,552 $124,983 +0.1%
Net Income $-47,260 $-28,622 +0.7%
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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
6
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tracy Carter President 1.00
Officer Director
$0 $0 $0
Ed Carlson Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Patty Przybylski Director 1.00
Director
$0 $0 $0
Scott Carter Director 1.00
Director
$0 $0 $0
Carrie Mendoza Authorized Agent 0.00
Officer
$0 $0 $0
Kirsten Elliott Authorized Agent 0.00
Officer
$0 $0 $0
Michelle Brinkmann Authorized Agent 0.00
Officer
$0 $0 $0
Margaret Perry Authorized Agent 0.00
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
2025 $87,292 $134,552 $594,852 $-47,260
2024 No data No data No data No data
2023 $88,398 $122,030 $696,913 $-33,632
2022 $77,190 $120,915 $717,631 $-43,725
2021 $75,465 $112,766 $752,150 $-37,301
2020 $73,931 $101,596 $785,759 $-27,665
2019 $74,181 $111,415 $814,717 $-37,234
2018 $65,798 $109,194 $849,493 $-43,396
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