RLC CORPORATION DBA LUTHERAN TOWERS (EIN 237092822) - 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

1969

Legal Domicile

Principal Officer

KARON WINSTON

Phone

4048736087

Tax Period

2024-01-01 to 2024-12-31

RLC CORPORATION DBA LUTHERAN TOWERS, founded in 1969, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $4.0M left a modest 8% surplus.

Mission

SINCE 1972 LUTHERAN TOWERS HAS BEEN FULFILLING ITS CRITICAL MISSION TO PROVIDE AN AFFORDABLE, QUALITY HOME WITH PERSON-CENTERED SUPPORTIVE SERVICES THAT EMPOWER ITS RESIDENTS TO THRIVE.

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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 $72,347

Program Service Revenue $4,100,971

Investment Income $30,692

Other Revenue $103,171

TOTAL REVENUE $4,307,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,207,197

Fundraising Expenses $0

Program Expenses $3,950,200

Other Expenses $2,743,003

TOTAL EXPENSES $3,950,200

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,307,181	$3,503,784	+0.2%
Expenses	$3,950,200	$3,609,307	+0.1%
Net Income	$356,981	$-105,523	-4.4%

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
SUE MCCART	CHAIR	1.00	Officer Director	$0	$0	$0
PAUL ISAACSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFF GUTHRIE	TREASURER	1.00	Officer Director	$0	$0	$0
CATHARINE DRESSEL	SECRETARY	1.00	Officer Director	$0	$0	$0
HANNAH FARHADI	BOARD MEMBER	1.00	Director	$0	$0	$0
ALISA NORVELLE	BOARD MEMBER	1.00	Director	$0	$0	$0
KAREN MEDFORD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHERYL IVERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
KARIN MAYO	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDSEY DUMONT	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES SUMMER III	PAST CHAIRMAN	1.00	Director	$0	$0	$0
KARON WINSTON	EXECUTIVE DIRECTOR	40.00	Highest	$124,204	$0	$124,204

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	$4,307,181	$3,950,200	$7,873,430	$356,981
2023	$3,503,784	$3,609,307	$7,272,725	$-105,523
2022	$3,287,999	$3,274,461	$7,338,867	$13,538
2021	$3,473,713	$3,032,962	$7,461,776	$440,751
2020	$3,002,984	$2,672,898	$7,038,451	$330,086

RLC CORPORATION DBA LUTHERAN TOWERS