Lifetime Housing Group Inc (EIN 351341343) - 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

1974

Legal Domicile

Principal Officer

Erin Thomas

Phone

8124325215

Tax Period

2024-01-01 to 2024-12-31

Lifetime Housing Group Inc, founded in 1974, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $42K in total revenue in fiscal year 2024. Revenue surged 104% from the prior year, signaling strong growth momentum. The organization ran a surplus of $30K, a strong 71% operating margin.

Mission

Plan, coordinate and provide affordable housing to low-income individuals and families in Southeastern Indiana.

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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 $14

Program Service Revenue $0

Investment Income $41,766

Other Revenue $0

TOTAL REVENUE $41,780

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $11,983

TOTAL EXPENSES $11,983

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,780	$20,448	+1.0%
Expenses	$11,983	$11,905	+0.0%
Net Income	$29,797	$8,543	+2.5%

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

$91,928

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Doug Rump	Vice Chairman	2.00	Officer Director	$0	$0	$0
Ron Richard	Chairman	2.00	Officer Director	$0	$0	$0
Doug Garner	Secretary	2.00	Officer Director	$0	$0	$0
Casey Robinson	Treasurer	2.00	Officer Director	$0	$0	$0
Erin Thomas	Executive Director	1.00	Officer	$0	$1,800	$91,928

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	$41,780	$11,983	$379,488	$29,797
2023	$20,448	$11,905	$361,478	$8,543
2022	$7,852	$8,627	$885,021	$-775
2021	$161,954	$247,137	$439,628	$-85,183
2020	$465,355	$629,372	$409,190	$-164,017
2019	$436,245	$400,939	$2,162,961	$35,306
2018	$417,065	$385,474	$3,513,673	$31,591

Lifetime Housing Group Inc