LAMBS RESIDENCE NUMBER TWO INC (EIN 362971592) - 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

1976

Legal Domicile

Principal Officer

KATHLEEN BURESCH

Phone

8473624636

Tax Period

2022-07-01 to 2023-06-30

LAMBS RESIDENCE NUMBER TWO INC, founded in 1976, is a small nonprofit that reported $951K in total revenue in fiscal year 2022. Revenue decreased 9% compared to the prior year. Net assets of $3.0M represent 37 months of operating reserves.

Mission

RESIDENTIAL PROGRAM FOR DISABLED ADULTS.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $950,987

Investment Income $139

Other Revenue $0

TOTAL REVENUE $951,126

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $797,678

Other Expenses $924,682

TOTAL EXPENSES $924,682

Year-over-Year Comparison

	2022	2021	Change
Revenue	$951,126	$1,044,751	-0.1%
Expenses	$924,682	$934,002	0.0%
Net Income	$26,444	$110,749	-0.8%

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

$205,787

Total Directors

$135,262

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN BURESH	PRESIDENT	5.00	Officer Director	$0	$6,481	$135,262
CHRIS BRECK	DIRECTOR	1.00	Director	$0	$0	$0
JOE MILBURN	DIRECTOR	1.00	Director	$0	$0	$0
MEL KATZ	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD NONNWEILER	TREASURER	7.50	Officer	$0	$7,198	$70,525
KATHY MCMEINS	SECRETARY	1.00	Officer	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$951,126	$924,682	$4,568,231	$26,444
2022	$1,044,751	$934,002	$4,340,171	$110,749
2021	$1,159,150	$801,383	$4,165,087	$357,767
2020	$1,172,686	$905,412	$3,830,226	$267,274
2019	$1,143,559	$1,024,265	$3,751,678	$119,294
2018	$1,103,090	$1,035,754	$3,807,545	$67,336

LAMBS RESIDENCE NUMBER TWO INC