RESTORATION HOUSE OF LIMA INC (EIN 261967561) - 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

2010

Legal Domicile

Principal Officer

PHIL KLEMAN

Phone

4198120066

Tax Period

2024-01-01 to 2024-12-31

RESTORATION HOUSE OF LIMA INC, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $248K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

TO PROVIDE SUPPORTIVE HOUSING FOR MEN AND WOMEN WHOSE LIVES HAVE BEEN IMPACTED BY DRUGS, ALCOHOL, MENTAL ILLNESS, INCARCERATION, HOMELESS VETERANS, AND FOLKS WITH LIFE CRISES ISSUES.

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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 $247,974

Investment Income $3

Other Revenue $0

TOTAL REVENUE $247,977

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,035

Fundraising Expenses $0

Program Expenses $259,341

Other Expenses $223,444

TOTAL EXPENSES $264,479

Year-over-Year Comparison

	2024	2023	Change
Revenue	$247,977	$267,994	-0.1%
Expenses	$264,479	$266,546	0.0%
Net Income	$-16,502	$1,448	-12.4%

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

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
ELYSE KLEMAN	BOARD MEMBER	10.00	Director	$0	$0	$0
PHIL KLEMAN	DIRECTOR	40.00	Director	$0	$0	$0
CRAIG KLEMEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MEREDITH KLEMEN	BOARD MEMBER	1.00	Director	$0	$0	$0
DOM MOSCATO	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT SARCHET	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	$247,977	$264,479	$5,859	$-16,502
2023	$267,994	$266,546	$11,426	$1,448
2022	$237,708	$229,808	$11,269	$7,900
2021	$252,502	$253,851	$4,409	$-1,349
2020	$226,443	$225,879	$4,584	$564

RESTORATION HOUSE OF LIMA INC