LANSING AFFORDABLE HOMES INC

EIN: 383110321 501(c)(3)

JACKSON, MI

Total Revenue
$1,247,346
Total Expenses
$1,237,346
Total Assets
$4,273,363
Net Assets
$3,223,304
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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
1992
Legal Domicile
MI
Principal Officer
LINDA BROCKWAY
Phone
5173942778
Tax Period
2018-01-01 to 2018-12-31

LANSING AFFORDABLE HOMES INC, founded in 1992, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2018. Net assets of $3.2M represent 31 months of operating reserves.

Mission

TO PROVIDE LOW INCOME HOUSING FOR LOW AND/OR MODERATE INCOME INDIVIDUALS

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $1,052,930
Program Service Revenue $189,772
Investment Income $4,644
Other Revenue $0
TOTAL REVENUE $1,247,346

Expense Breakdown

Grants Paid $0
Salaries & Benefits $336,097
Fundraising Expenses $0
Program Expenses $1,154,795
Other Expenses $901,249
TOTAL EXPENSES $1,237,346

Year-over-Year Comparison

2018 2017 Change
Revenue $1,247,346 $1,260,305 0.0%
Expenses $1,237,346 $1,277,204 0.0%
Net Income $10,000 $-16,899 -1.6%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON HILL DIRECTOR N/A
Director
$0 $0 $0
PHYLLIS DAHL SECRETARY N/A
Officer
$0 $0 $0
KEVIN WOODLEY TREASURER N/A
Officer
$0 $0 $0
LINDA BROCKWAY PRESIDENT N/A
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
2018 $1,247,346 $1,237,346 $4,273,363 $10,000
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