LUTHERAN NONPROFIT HOUSING CORPORATION - ANN ARBOR (SEQUOIA PLACE) (EIN 383112348) - 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

1993

Legal Domicile

Principal Officer

DEBORAH WEBER

Phone

3138237700

Tax Period

2024-07-01 to 2025-06-30

LUTHERAN NONPROFIT HOUSING CORPORATION - ANN ARBOR (SEQUOIA PLACE), founded in 1993, is a small nonprofit that reported $466K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $597K exceeded revenue, resulting in a 28% operating deficit.

Mission

TO PROVIDE ELDERLY AND/OR HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SPECIAL SERVICES.

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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 $3,212

Program Service Revenue $461,365

Investment Income $1,056

Other Revenue $0

TOTAL REVENUE $465,633

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,645

Fundraising Expenses $0

Program Expenses $406,709

Other Expenses $428,646

TOTAL EXPENSES $597,291

Year-over-Year Comparison

	2024	2023	Change
Revenue	$465,633	$427,173	+0.1%
Expenses	$597,291	$580,024	+0.0%
Net Income	$-131,658	$-152,851	-0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA BAUER	DIRECTOR	0.10	Director	$0	$0	$0
KEITH PHELPS	DIRECTOR	0.10	Director	$0	$0	$0
BECKY GUCWA	DIRECTOR	0.10	Director	$0	$0	$0
STEPHEN KESLER	DIRECTOR	0.10	Director	$0	$0	$0
TRUDIE GOFF	DIRECTOR	0.10	Director	$0	$0	$0
MARY SHERRILL	CHAIR	0.50	Officer Director	$0	$0	$0
DEBORAH WEBER	TREASURER	0.10	Officer Director	$0	$0	$0
BARBARA ANDERSON	SECRETARY	0.10	Officer Director	$0	$0	$0
DONNA KARVONEN	VICE CHAIR	0.10	Officer Director	$0	$0	$0
BRIDGETTE ZAPPACOSTA	DIRECTOR OF FINANCE	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	$465,633	$597,291	$1,760,839	$-131,658
2024	$427,173	$580,024	$1,922,857	$-152,851
2023	$444,428	$570,827	$2,082,184	$-126,399
2022	$450,562	$562,178	$2,210,960	$-111,616
2021	$328,248	$496,466	$2,364,920	$-168,218
2020	$413,286	$468,767	$1,751,851	$-55,481
2019	$413,832	$496,635	$1,778,241	$-82,803
2018	$399,703	$467,585	$1,855,471	$-67,882

LUTHERAN NONPROFIT HOUSING CORPORATION - ANN ARBOR (SEQUOIA PLACE)