LUTHER VILLAGE I OF DOVER INC (EIN 331048193) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

KIMBERLY MENDOZA

Phone

3026741408

Tax Period

2023-07-01 to 2024-06-30

LUTHER VILLAGE I OF DOVER INC, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $653K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $766K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE ORGANIZATION OPERATES A 68 UNIT APARTMENT FACILITY FOR THE ELDERLY IN DOVER, DE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $283,274

Program Service Revenue $354,657

Investment Income $14,357

Other Revenue $450

TOTAL REVENUE $652,738

Expense Breakdown

Grants Paid $0

Salaries & Benefits $254,036

Fundraising Expenses $0

Program Expenses $644,521

Other Expenses $511,991

TOTAL EXPENSES $766,027

Year-over-Year Comparison

	2023	2022	Change
Revenue	$652,738	$527,664	+0.2%
Expenses	$766,027	$716,247	+0.1%
Net Income	$-113,289	$-188,583	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$115,197

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK MURPHY	PRESIDENT	2.00	Officer Director	$0	$0	$0
RICHARD FOSKETT	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
HAZEL PARTRIDGE	SECRETARY	2.00	Officer Director	$0	$0	$0
RON MORELLA	TREASURER	2.00	Officer Director	$0	$0	$0
BARBARA IMPOLLONIA	DIRECTOR	1.00	Director	$0	$0	$0
RUTH P LYON	DIRECTOR	1.00	Director	$0	$0	$0
PASTOR V ANNE STRICKERT	DIRECTOR	1.00	Director	$0	$0	$0
PASTOR CHARLES RANSDELL	DIRECTOR	1.00	Director	$0	$0	$0
KIM MENDOZA	EXECUTIVE DIRECTOR	40.00	Officer	$0	$5,345	$115,197

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
2025	No data	No data	No data	No data
2024	$652,738	$766,027	$4,982,615	$-113,289
2023	$527,664	$716,247	$5,099,364	$-188,583
2022	$491,802	$682,978	$5,294,123	$-191,176
2021	$479,382	$652,505	$5,479,817	$-173,123
2020	$458,849	$623,086	$5,644,425	$-164,237
2019	$439,298	$603,753	$5,811,265	$-164,455

LUTHER VILLAGE I OF DOVER INC