LINCROFT SENIOR CITIZENS HOUSING CO (EIN 222176791) - 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

Formation Year

1975

Legal Domicile

Principal Officer

CATHERINE RODGERS

Phone

7325300668

Tax Period

2024-01-01 to 2024-12-31

LINCROFT SENIOR CITIZENS HOUSING CO, founded in 1975, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2024. The organization ran a surplus of $1.1M, a strong 27% operating margin.

Mission

THE ORGANIZATION PROVIDES AFFORDABLE RENTAL HOUSING AND RELATED FACILITIES AND SERVICES FOR ELDERLY AND HANDICAPPED FAMILIES ON A NON-PROFIT BASIS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,715,492

Investment Income $491,276

Other Revenue $-38,236

TOTAL REVENUE $4,168,532

Expense Breakdown

Grants Paid $0

Salaries & Benefits $500,975

Fundraising Expenses $0

Program Expenses $2,556,085

Other Expenses $2,562,642

TOTAL EXPENSES $3,063,617

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,168,532	$4,115,291	+0.0%
Expenses	$3,063,617	$2,869,734	+0.1%
Net Income	$1,104,915	$1,245,557	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN CLARKE	DIRECTOR	2.00	Director	$0	$0	$0
ANTHONY FIORE	DIRECTOR	2.00	Director	$0	$0	$0
CARMEN PETERSON	DIRECTOR	2.00	Director	$0	$0	$0
MAUREEN RAISCH	DIRECTOR	2.00	Director	$0	$0	$0
JAMES RICCIARDI	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
CATHERINE RODGERS	PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBERTA SHERIDAN	SECRETARY/TR	4.00	Officer Director	$0	$0	$0
LOIS K WHITTOM	DIRECTOR	2.00	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	$4,168,532	$3,063,617	$24,001,885	$1,104,915
2023	$4,115,291	$2,869,734	$22,471,214	$1,245,557
2022	$3,936,385	$4,573,445	$20,878,199	$-637,060
2021	$3,860,993	$2,549,565	$21,650,860	$1,311,428
2020	$3,451,781	$2,361,500	$20,264,096	$1,090,281
2019	$2,959,300	$2,522,010	$18,925,102	$437,290
2018	$2,867,582	$2,562,177	$17,949,311	$305,405

LINCROFT SENIOR CITIZENS HOUSING CO