LABORERS HOME DEVELOPMENT (EIN 371374621) - 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

1970

Legal Domicile

Principal Officer

KARLEE MACER

Phone

2172434942

Tax Period

2024-01-01 to 2024-12-31

LABORERS HOME DEVELOPMENT % JAYNE LOURASH is a small nonprofit in the Community Improvement sector that reported $878K in total revenue in fiscal year 2018. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $1.2M exceeded revenue, resulting in a 33% operating deficit.

Mission

PROVIDE LOW INCOME HOUSING

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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 $1,737,879

Investment Income $124,902

Other Revenue $0

TOTAL REVENUE $1,862,781

Expense Breakdown

Grants Paid $9,650

Salaries & Benefits $904,309

Fundraising Expenses $0

Program Expenses $997,245

Other Expenses $162,703

TOTAL EXPENSES $1,076,662

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,862,781	$1,285,330	+0.4%
Expenses	$1,076,662	$1,358,857	-0.2%
Net Income	$786,119	$-73,527	-11.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARLEE MACER	EXECUTIVE DIRECTOR/SECRETA	40.00	Officer Director	$0	$0	$0
DAVID FRYE	PRESIDENT	0.00	Officer Director	$0	$0	$0
BRANDON FLINN	DIRECTOR	0.00	Director	$0	$0	$0
ANTHONY PENN	DIRECTOR	0.00	Director	$0	$0	$0
MATT SMITH	DIRECTOR	0.00	Director	$0	$0	$0
RENO HAMMOND	DIRECTOR	0.00	Director	$0	$0	$0
BRIAN SHORT	DIRECTOR	0.00	Director	$0	$0	$0
DUSTIN RAMAGE	DIRECTOR	0.00	Director	$0	$0	$0
JAMEY LITTLETON	MAINTENANCE DIRECTOR	40.00	Highest	$130,772	$0	$130,772
TAMMY MILLER	FINANCIAL DIRECTOR	40.00	Highest	$137,818	$0	$137,818
JAYNE LOURASH	FORMER DIRECTOR	40.00		$120,356	$0	$120,356

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	$1,862,781	$1,076,662	$18,162,603	$786,119
2023	$1,285,330	$1,358,857	$17,249,280	$-73,527
2022	$2,198,151	$2,161,848	$17,112,723	$36,303
2022	$827,857	$617,901	$17,328,463	$209,956
2021	$1,625,339	$1,243,621	$6,121,374	$381,718
2020	$1,573,103	$1,291,044	$5,995,449	$282,059
2019	$877,790	$1,164,476	$5,251,190	$-286,686

LABORERS HOME DEVELOPMENT