LAFAYETTE TRANSITIONAL HOUSING CENTER INC (EIN 351781229) - 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

1989

Legal Domicile

Principal Officer

JENNIFER LAYTON

Phone

7654234880

Tax Period

2023-10-01 to 2024-09-30

LAFAYETTE TRANSITIONAL HOUSING CENTER INC, founded in 1989, is a community nonprofit in the Housing & Shelter sector that reported $3.8M in total revenue in fiscal year 2023. Expenses of $4.3M exceeded revenue, resulting in a 13% operating deficit.

Mission

THE ORGANIZATION EXISTS TO PROVIDE HOUSING FOR HOMELESS FAMILIES AND INDIVIDUALS WHILE ASSISTING THEM IN BECOMING SELF-RELIANT. THE ORGANIZATION ALSO PROVIDES FOR THE IMMEDIATE - CONTINUED ON SCHEDULE O

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,030,386

Program Service Revenue $475,039

Investment Income $78,489

Other Revenue $209,557

TOTAL REVENUE $3,793,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,203,730

Fundraising Expenses $77,559

Program Expenses $4,011,905

Other Expenses $2,094,565

TOTAL EXPENSES $4,298,295

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,793,471	$3,679,330	+0.0%
Expenses	$4,298,295	$3,944,411	+0.1%
Net Income	$-504,824	$-265,081	+0.9%

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

500

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

$242,832

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA CARSON	PRESIDENT	0.25	Officer Director	$0	$0	$0
JANE COOK	VICE PRESIDE	0.25	Officer Director	$0	$0	$0
TERRI MIMMS	TREASURER	0.25	Officer Director	$0	$0	$0
DAWN BALDWIN	SECRETARY	0.25	Officer Director	$0	$0	$0
TONY GREGG	PAST PRESIDE	0.25	Director	$0	$0	$0
MICHAEL CRUZ	DIRECTOR	0.25	Director	$0	$0	$0
MALLORY DEARDORFF-DAWSON	DIRECTOR	0.25	Director	$0	$0	$0
CHERYL BUTCHER	DIRECTOR	0.25	Director	$0	$0	$0
JACOB DENECKE	DIRECTOR	0.25	Director	$0	$0	$0
ANGIE GIBSON	DIRECTOR	0.25	Director	$0	$0	$0
KEVIN JENNINGS	DIRECTOR	0.25	Director	$0	$0	$0
SHELLEY LOWENBERG-DEBOER	DIRECTOR	0.25	Director	$0	$0	$0
STEPHANIE PATACSIL	DIRECTOR	0.25	Director	$0	$0	$0
KHALIL WILLIAMS	DIRECTOR	0.25	Director	$0	$0	$0
JENNIFER LAYTON	CEO	40.00	Officer	$108,909	$23,281	$132,190
VIRGINIA HOPPER	CFO	40.00	Officer	$89,845	$20,797	$110,642

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	$3,793,471	$4,298,295	$9,279,374	$-504,824
2023	$3,679,330	$3,944,411	$9,583,281	$-265,081
2022	$3,588,593	$3,937,227	$9,778,659	$-348,634
2021	$4,378,022	$3,589,952	$10,274,560	$788,070
2020	$6,265,150	$3,318,551	$10,094,601	$2,946,599
2019	$3,870,783	$1,988,004	$7,499,254	$1,882,779
2018	$3,256,276	$1,980,989	$5,242,320	$1,275,287

LAFAYETTE TRANSITIONAL HOUSING CENTER INC