LADDER INC (EIN 382940956) - 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

1990

Legal Domicile

Principal Officer

GEORGE WHINERY

Phone

6165101262

Tax Period

2024-01-01 to 2024-12-31

LADDER INC, founded in 1990, is a small nonprofit in the Human Services sector that reported $540K in total revenue in fiscal year 2024. Revenue surged 147% from the prior year, signaling strong growth momentum. The organization ran a surplus of $177K, a strong 33% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING AND SUPPORTED, INDEPENDENT LIVING FOR ADULTS WITH MENTAL ILLNESS.

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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 $298,678

Program Service Revenue $188,033

Investment Income $53,652

Other Revenue $0

TOTAL REVENUE $540,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $138,126

Fundraising Expenses $17,242

Program Expenses $292,932

Other Expenses $225,284

TOTAL EXPENSES $363,410

Year-over-Year Comparison

	2024	2023	Change
Revenue	$540,363	$218,907	+1.5%
Expenses	$363,410	$343,991	+0.1%
Net Income	$176,953	$-125,084	-2.4%

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

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

$40,838

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK VAN TIL	EXEC.DIR.	40.00	Officer	$40,838	$0	$40,838
ROBERT ANGELI	TREASURER AN	2.00	Officer Director	$0	$0	$0
CARLA BEACH	DIRECTOR	1.00	Director	$0	$0	$0
ADAM BRINK	DIRECTOR	1.00	Director	$0	$0	$0
BEVERLY DENTON	DIRECTOR	1.00	Director	$0	$0	$0
GREG GROEN	DIRECTOR	1.00	Director	$0	$0	$0
DOROTHY JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE WHINERY	PRESIDENT	2.00	Officer Director	$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
2024	$540,363	$363,410	$1,082,692	$176,953
2023	$218,907	$343,991	$1,288,068	$-125,084
2022	$514,352	$220,579	$1,039,866	$293,773
2021	$401,243	$175,441	$746,381	$225,802
2020	$170,472	$122,850	$542,081	$47,622
2019	$242,135	$112,359	$479,792	$129,776

LADDER INC