LEMINGTON RESIDENTIAL CORPORATION (EIN 251423563) - 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

1984

Legal Domicile

Principal Officer

SHAD HENDERSON

Phone

4126876200

Tax Period

2024-01-01 to 2024-12-31

LEMINGTON RESIDENTIAL CORPORATION, founded in 1984, is a micro nonprofit in the Human Services sector that reported $9K in total revenue in fiscal year 2024. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $23K exceeded revenue, resulting in a 150% operating deficit.

Mission

TO CREATE STRONG, SUSTAINABLE, INCLUSIVE COMMUNITY AND QUALITY AFFORDABLE HOMES FOR 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 (2024)

Revenue Breakdown

Contributions & Grants $9,392

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $9,392

Expense Breakdown

Grants Paid $800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $17,816

Other Expenses $22,688

TOTAL EXPENSES $23,488

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,392	$75,251	-0.9%
Expenses	$23,488	$113,957	-0.8%
Net Income	$-14,096	$-38,706	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAD HENDERSON	CHAIR	6.00	Officer Director	$0	$0	$0
DEMI KOLKE	VICE CHAIR	6.00	Officer Director	$0	$0	$0
TIFFANY KINNEY	SECRETARY	6.00	Officer Director	$0	$0	$0
JOY STARZL	TREASURER	6.00	Officer Director	$0	$0	$0
TONYA FORD	BOARD LIAISON	6.00	Director	$0	$0	$0
MEGAN WINTERS	MEMBER	6.00	Director	$0	$0	$0
BETTY BRAXTER	MEMBER	6.00	Director	$0	$0	$0
TWANDA CARLISLE	MEMBER	6.00	Director	$0	$0	$0
TERESA NAH MAYNOR	MEMBER	6.00	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	$9,392	$23,488	$216,695	$-14,096
2023	$75,251	$113,957	$225,991	$-38,706
2022	No data	No data	$269,311	No data
2022	$76,051	$39,991	$305,371	$36,060
2019	$6,900	No data	$188,836	No data
2018	$6,609	No data	$181,936	No data

LEMINGTON RESIDENTIAL CORPORATION