Lorenes Place II (EIN 274083492) - 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

Theresa Moreland

Phone

2537593650

Tax Period

2024-01-01 to 2024-12-31

Lorenes Place II, founded in 2010, is a small nonprofit in the Human Services sector that reported $697K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring.

Mission

The corporation is organized exclusively for charitable, leterary or educational purposes, withing the meaning of section 501 (c)(3) of the Internal Revenue Code of 1986, as amended The Code, including, without limitation: child placement, adoption, basic needs, mentorship.

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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 $696,775

Investment Income $0

Other Revenue $0

TOTAL REVENUE $696,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $207,409

Fundraising Expenses $0

Program Expenses $686,493

Other Expenses $479,084

TOTAL EXPENSES $686,493

Year-over-Year Comparison

	2024	2023	Change
Revenue	$696,775	$1,340,543	-0.5%
Expenses	$686,493	$1,334,561	-0.5%
Net Income	$10,282	$5,982	+0.7%

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
Theresa Moreland	President	0.00	Officer	$0	$0	$0
Bradley Williette	Director	0.00	Officer	$0	$0	$0
Lisa Nelson	Secretary	0.00	Officer	$0	$0	$0
Dominique Taylor	Treasury	60.00	Officer	$0	$0	$0
Patricia Islas	Vice-President	0.00	Officer	$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	$696,775	$686,493	$320,348	$10,282
2023	$1,340,543	$1,334,561	$322,286	$5,982
2022	$1,374,130	$1,370,080	$336,195	$4,050
2021	$1,265,714	$1,323,926	$338,288	$-58,212
2020	$1,280,468	$1,290,107	$352,132	$-9,639
2019	$1,842,819	$1,840,776	$220,550	$2,043
2018	$1,827,780	$1,758,930	$144,450	$68,850

Lorenes Place II