LUTHERAN NONPROFIT HOUSING CORPORATION- LANSING (EIN 300141220) - 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

2003

Legal Domicile

Principal Officer

BRIDGETTE ZAPPACOSTA

Phone

3138237700

Tax Period

2024-01-01 to 2024-12-31

LUTHERAN NONPROFIT HOUSING CORPORATION- LANSING, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $153K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $173K exceeded revenue, resulting in a 13% operating deficit.

Mission

PROVIDE HANDICAPPED PERSONS HOUSING FACILITIES & SERVICES DESIGNED TO MEET THEIR NEEDS.

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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 $7,681

Program Service Revenue $145,555

Investment Income $176

Other Revenue $0

TOTAL REVENUE $153,412

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,604

Fundraising Expenses $0

Program Expenses $113,244

Other Expenses $140,857

TOTAL EXPENSES $173,461

Year-over-Year Comparison

	2024	2023	Change
Revenue	$153,412	$128,931	+0.2%
Expenses	$173,461	$166,759	+0.0%
Net Income	$-20,049	$-37,828	-0.5%

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
AGNES LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD BRYCE	DIRECTOR	1.00	Director	$0	$0	$0
HAROLD SOLLENBERGER	TREASURER	1.00	Officer Director	$0	$0	$0
JANN NESTELL	SECRETARY	1.00	Officer Director	$0	$0	$0
STEVE BURSIAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY SUE KAMENS	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIDGETTE ZAPPACOSTA	DIRECTOR OF FINANCE	1.00	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	$153,412	$173,461	$937,018	$-20,049
2023	$128,931	$166,759	$951,001	$-37,828
2022	$139,618	$202,373	$991,574	$-62,755
2021	$136,838	$177,651	$1,054,449	$-40,813
2020	$144,877	$161,048	$1,096,764	$-16,171
2019	$126,804	$165,481	$1,116,904	$-38,677
2018	$129,490	$150,174	$1,148,054	$-20,684

LUTHERAN NONPROFIT HOUSING CORPORATION- LANSING