VOA DURHAM LIFE HOUSE INC (EIN 205833494) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

RUSSELL SNYDER

Phone

2407642645

Tax Period

2023-07-01 to 2024-06-30

VOA DURHAM LIFE HOUSE INC is a small nonprofit that reported $239K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $300K exceeded revenue, resulting in a 25% operating deficit.

Mission

HOUSING IS PROVIDED TO A VARIETY OF POPULATIONS INCLUDING ECONOMICALLY DISADVANTAGED INDIVIDUALS AND FAMILIES, PHYSICALLY AND MENTALLY DISABLED, AND THE ELDERLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $8,000

Program Service Revenue $221,284

Investment Income $9,695

Other Revenue $0

TOTAL REVENUE $238,979

Expense Breakdown

Grants Paid $0

Salaries & Benefits $25,118

Fundraising Expenses $0

Program Expenses $263,446

Other Expenses $274,791

TOTAL EXPENSES $299,909

Year-over-Year Comparison

	2023	2022	Change
Revenue	$238,979	$259,468	-0.1%
Expenses	$299,909	$317,113	-0.1%
Net Income	$-60,930	$-57,645	+0.1%

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

$646,471

Total Directors

$344,695

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSSELL SNYDER	CEO/ PRESIDENT EX-OFFICIO	2.0	Officer Director	$0	$83,672	$344,695
SUZANNE M TOBIN	CFO	2.0	Officer	$0	$55,536	$301,776
CALEB JACKSON	CHAIR	1.0	Officer Director	$0	$0	$0
BARBARA BANAZYNSKI	DIRECTOR	1.0	Director	$0	$0	$0
LINDA GILMORE	CO-VICE CHAIR	1.0	Officer Director	$0	$0	$0
WALTER TEJADA	CO-VICE CHAIR	1.0	Officer Director	$0	$0	$0
SHANNON ROWAN	TREASURER	1.0	Officer Director	$0	$0	$0
SAMUEL STERRETT	SECRETATY	1.0	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
2025	No data	No data	No data	No data
2024	$238,979	$299,909	$1,913,149	$-60,930
2023	$259,468	$317,113	$2,011,638	$-57,645
2022	$213,368	$301,127	$2,121,286	$-87,759
2021	$198,817	$303,801	$2,224,093	$-104,984
2020	$219,102	$306,499	$2,341,875	$-87,397
2018	$214,997	$305,805	$2,551,993	$-90,808

VOA DURHAM LIFE HOUSE INC