Lytle Trace Inc (EIN 311709511) - 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

William DeHass

Phone

5137241255

Tax Period

2024-01-01 to 2024-12-31

Lytle Trace Inc, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $293K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $328K exceeded revenue, resulting in a 12% operating deficit.

Mission

To provide affordable housing 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 $0

Program Service Revenue $284,059

Investment Income $146

Other Revenue $8,881

TOTAL REVENUE $293,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,121

Fundraising Expenses $0

Program Expenses $245,857

Other Expenses $264,761

TOTAL EXPENSES $327,882

Year-over-Year Comparison

	2024	2023	Change
Revenue	$293,086	$256,223	+0.1%
Expenses	$327,882	$318,244	+0.0%
Net Income	$-34,796	$-62,021	-0.4%

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

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

$292,817

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marilyn Hodges	Trustee	1.00	Director	$0	$0	$0
Linda Brooks	Trustee	1.00	Director	$0	$0	$0
Sandy Graham	Trustee	1.00	Director	$0	$0	$0
Billie Kuntz	Trustee	1.00	Director	$0	$0	$0
George Brown	Trustee	1.00	Director	$0	$0	$0
Tim Rudd	President	1.00	Officer Director	$0	$0	$0
Donna Cann	Treasurer/Secretary	1.00	Officer Director	$0	$0	$0
Greg Traynor	Trustee	1.00	Director	$0	$0	$0
Tina Sanborn	VP	1.00	Officer Director	$0	$0	$0
William DeHass	Chief Executive Officer	1.00	Officer	$0	$8,517	$157,113
Angel Burton	Chief Financial Officer	1.00	Officer	$0	$7,292	$135,704

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	$293,086	$327,882	$1,562,576	$-34,796
2023	$256,223	$318,244	$1,603,035	$-62,021
2022	$250,605	$321,392	$1,664,020	$-70,787
2021	$238,295	$294,648	$1,735,748	$-56,353
2020	$244,703	$299,798	$1,784,337	$-55,095
2019	$231,439	$292,351	$1,836,211	$-60,912
2018	$232,232	$287,066	$1,896,707	$-54,834

Lytle Trace Inc