LAFAYETTE NEIGHBORHOOD HOUSING SERVICES INC (EIN 311057335) - 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

1982

Legal Domicile

Principal Officer

A MARIE MORSE

Phone

7654231284

Tax Period

2024-01-01 to 2024-12-31

LAFAYETTE NEIGHBORHOOD HOUSING SERVICES INC, founded in 1982, is a community nonprofit in the Housing & Shelter sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 191% from the prior year, signaling strong growth momentum. The organization ran a surplus of $335K, a strong 17% operating margin.

Mission

THE MISSION OF HOMESTEAD CS IS TO PROVIDE EDUCATION AND OTHER RESOURCES TO INCREASE AFFORDABLE, SUSTAINABLE HOUSING OPPORTUNITIES FOR ADULTS; BUILD YOUTH LEADERERSHIP AND SKILLS IN ORDER FOR THEM TO BE PREPARED FOR HOUSING AND COMMUNITY LEADERSHIP OPPORTUNITIES; TEACH FINANCIAL LITERACY; AND TO BE A CATALYST FOR THE DEVELOPMENT AND REVITALIZATION OF OUR NEIGHBORHOODS.

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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 $1,353,108

Program Service Revenue $469,053

Investment Income $86,852

Other Revenue $11,507

TOTAL REVENUE $1,920,520

Expense Breakdown

Grants Paid $0

Salaries & Benefits $735,608

Fundraising Expenses $69,591

Program Expenses $1,485,672

Other Expenses $849,477

TOTAL EXPENSES $1,585,085

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,920,520	$660,069	+1.9%
Expenses	$1,585,085	$784,753	+1.0%
Net Income	$335,435	$-124,684	-3.7%

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

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

$103,989

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
A MARIE MORSE	EXECUTIVE DI	40.00	Officer	$103,200	$789	$103,989
JIM SLAVEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
CINDY MURRAY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
LARRY LOHMEIER	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID HOLDER	TREASURER	1.00	Officer Director	$0	$0	$0
RYAN BURNS	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER HART	DIRECTOR	1.00	Director	$0	$0	$0
JOE HOWARTH	DIRECTOR	1.00	Director	$0	$0	$0
SHEILA KLINKER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KOVICH	DIRECTOR	1.00	Director	$0	$0	$0
SARAH MAY	DIRECTOR	1.00	Director	$0	$0	$0
TIM SCHOOLER	DIRECTOR	1.00	Director	$0	$0	$0
JIM R SCHRIER	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE SHOOK	DIRECTOR	1.00	Director	$0	$0	$0
AMY WOOD	DIRECTOR	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	$1,920,520	$1,585,085	$4,172,601	$335,435
2023	$660,069	$784,753	$3,649,156	$-124,684
2022	$1,067,995	$918,248	$3,338,729	$149,747
2021	$1,182,631	$895,469	$3,200,883	$287,162
2020	$380,907	$388,679	$2,964,935	$-7,772
2019	$398,897	$393,385	$2,879,352	$5,512
2018	$621,734	$388,348	$2,853,898	$233,386

LAFAYETTE NEIGHBORHOOD HOUSING SERVICES INC