Providence Lyons Housing Development Fund Company Inc (EIN 203405303) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

Lori VanAuken

Phone

5853283210

Tax Period

2023-01-01 to 2023-12-31

Providence Lyons Housing Development Fund Company Inc, founded in 1994, is a micro nonprofit that reported $47K in total revenue in fiscal year 2023. Expenses of $78K exceeded revenue, resulting in a 67% operating deficit.

Mission

To provide low-income housing for the developmentally disabled.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $25,924

Program Service Revenue $20,876

Investment Income $21

Other Revenue $0

TOTAL REVENUE $46,821

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,211

Fundraising Expenses $0

Program Expenses $46,005

Other Expenses $56,965

TOTAL EXPENSES $78,176

Year-over-Year Comparison

	2023	2022	Change
Revenue	$46,821	$45,797	+0.0%
Expenses	$78,176	$58,095	+0.3%
Net Income	$-31,355	$-12,298	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$424,862

Total Directors

$424,862

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Pickering	Board Member	1.00	Director	$0	$0	$0
Jim Crowley	Board Member	1.00	Director	$0	$0	$0
Rick Herman	Board Member	1.00	Director	$0	$0	$0
Renee Schumacher	Treasurer & Secretary	1.00	Officer Director	$0	$0	$106,226
Lori VanAuken	President	1.00	Officer Director	$0	$17,678	$252,342
Robin Hoppe	Board Member	1.00	Director	$0	$0	$0
Mark Greisberger	Vice President	1.00	Officer Director	$0	$0	$66,294
Kathleen Termine	Board Member	1.00	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
2024	No data	No data	No data	No data
2023	$46,821	$78,176	$391,735	$-31,355
2022	$45,797	$58,095	$411,832	$-12,298
2021	$43,107	$63,842	$416,401	$-20,735
2020	$46,827	$57,925	$436,403	$-11,098
2019	$46,847	$58,751	$448,520	$-11,904
2018	$46,817	$66,508	$460,217	$-19,691

Providence Lyons Housing Development Fund Company Inc