LCMS NATIONAL HOUSING SUPPORT CORP… - 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

2004

Legal Domicile

Principal Officer

JANET JOHNSON

Phone

8002481930

Tax Period

2020-07-01 to 2021-06-30

LCMS NATIONAL HOUSING SUPPORT CORPORATION, founded in 2004, is a micro nonprofit that reported $24K in total revenue in fiscal year 2020. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $608K exceeded revenue, resulting in a 2400% operating deficit.

Mission

THE MISSION OF LCMS NATIONAL HOUSING SUPPORT CORPORATION (NHSC), D/B/A LUTHERAN HOUSING SUPPORT IS TO PROVIDE ACCESS TO CAPITAL AND CUSTOMIZED CONSULTING SERVICES FOR UNDERSERVED NEIGHBORHOODS IN ORDER TO TRANSFORM THEM INTO THRIVING COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $606,873

LCMS NATIONAL HOUSING SUPPORT CORPORATION (NHSC) ORIGINALLY OPERATED TO PROVIDE ACCESS TO CAPITAL, NEIGHBORHOOD DEVELOPMENT, AND CONSULTATIVE SERVICES TO FACILITATE REVITALIZATION PROJECTS WITH...

LCMS NATIONAL HOUSING SUPPORT CORPORATION (NHSC) ORIGINALLY OPERATED TO PROVIDE ACCESS TO CAPITAL, NEIGHBORHOOD DEVELOPMENT, AND CONSULTATIVE SERVICES TO FACILITATE REVITALIZATION PROJECTS WITH COMMUNITY PARTNERS. AS OF JUNE 30, 2021, NHSC OFFICIALLY CEASED OPERATIONS. ALL PROGRAMMING HAS BEEN TRANSFERRED TO LUTHERAN CHURCH - MISSOURI SYNOD.

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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 $24,306

Program Service Revenue $0

Investment Income $13

Other Revenue $0

TOTAL REVENUE $24,319

Expense Breakdown

Grants Paid $588,634

Salaries & Benefits $0

Fundraising Expenses $1,112

Program Expenses $606,873

Other Expenses $19,351

TOTAL EXPENSES $607,985

Year-over-Year Comparison

	2020	2019	Change
Revenue	$24,319	$347,358	-0.9%
Expenses	$607,985	$689,313	-0.1%
Net Income	$-583,666	$-341,955	+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

Governance

Voting Members

Independent Members

Employees

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
JANET JOHNSON	PRESIDENT	2.00	Officer Director	$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
2021	$24,319	$607,985	No data	$-583,666
2020	$347,358	$689,313	$505,839	$-341,955
2019	$1,741,404	$1,284,156	$1,317,006	$457,248
2018	$1,258,077	$917,341	$2,081,317	$340,736

LCMS NATIONAL HOUSING SUPPORT CORPORATION