LHC NON-PROFIT DEVELOPMENT CORPORA… - Form 990 Financial Data

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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

2003

Legal Domicile

Principal Officer

DOUGLAS E FLEMING

Phone

5174876550

Tax Period

2020-01-01 to 2020-12-31

LHC NON-PROFIT DEVELOPMENT CORPORATION, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $416K in total revenue in fiscal year 2020. The organization ran a surplus of $270K, a strong 65% operating margin.

Mission

SEEKS TO PROVIDE AND SUPPORT EFFORTS TO ASSIST IN THE ADVANCEMENT OF AFFORDABLE HOUSING THROUGH LOANS, DEVELOPMENT, OTHER FINANCIAL AND TECHNICAL ASSISTANCE AND EDUCATIONAL PROGRAMS TO GENERATE NEW AND REHABILITATED HOUSING, RAISE STANDARDS OF LIVING, PROMOTE AFFORDABLE LAND VALUES, COMBAT COMMUNITY DETERIORATION, AND STIMULATE ECONOMIC DEVELOPMENT THAT BENEFITS DISADVANTAGED PERSONS AND DISTRESSED NEIGHBORHOODS.

Program Service Accomplishments

Program 1

Expenses: $146,069 Revenue: $415,767

THE ORGANIZATION OWNS AN INTEREST IN OLIVER GARDENS LDHA LP, A LIMITED PARTNERSHIP ORGANIZED EXCLUSIVELY TO ACQUIRE, REHABILITATE, MAINTAIN, AND OPERATE A 30-UNIT RENTAL HOUSING PROJECT FOR PERSONS...

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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 $415,767

Investment Income $0

Other Revenue $0

TOTAL REVENUE $415,767

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $146,069

Other Expenses $146,069

TOTAL EXPENSES $146,069

Year-over-Year Comparison

	2020	2019	Change
Revenue	$415,767	N/A	N/A
Expenses	$146,069	$117,113	+0.2%
Net Income	$269,698	$-117,113	-3.3%

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

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
RYAN ROBINSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DOUGLAS E FLEMING	EXECUTIVE DIRECTOR	1.00	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	$415,767	$146,069	$130,000	$269,698

LHC NON-PROFIT DEVELOPMENT CORPORATION