LANESBORO HOUSING DEVELOPMENT INC C/O LIFE STYLE INC (EIN 411319973) - 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

1975

Legal Domicile

Principal Officer

MICHAEL BROWN

Phone

5074672222

Tax Period

2025-01-01 to 2025-12-31

LANESBORO HOUSING DEVELOPMENT INC C/O LIFE STYLE INC, founded in 1975, is a small nonprofit that reported $384K in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $84K, a strong 22% operating margin.

Mission

ELDERLY HOUSING RENTAL

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $377,651

Investment Income $5,908

Other Revenue $0

TOTAL REVENUE $383,559

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,886

Fundraising Expenses $0

Program Expenses $259,355

Other Expenses $282,449

TOTAL EXPENSES $299,335

Year-over-Year Comparison

	2025	2024	Change
Revenue	$383,559	$353,271	+0.1%
Expenses	$299,335	$287,984	+0.0%
Net Income	$84,224	$65,287	+0.3%

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

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
MICHAEL BROWN	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARGE FULLER	DIRECTOR	1.00	Director	$0	$0	$0
DOUG JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
HARRIET LAWSTON	TREASURER	1.00	Officer Director	$0	$0	$0
ELIZABETH MITCHELL	SECRETARY	1.00	Officer Director	$0	$0	$0
ANNE SCHWICHTENBERG	DIRECTOR	1.00	Director	$0	$0	$0
ED TAYLOR	VICE - PRESI	1.00	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
2025	$383,559	$299,335	$716,263	$84,224
2024	$353,271	$287,984	$640,687	$65,287
2023	$297,945	$342,632	$584,767	$-44,687
2022	$261,253	$246,788	$637,437	$14,465
2021	$260,776	$236,423	$632,198	$24,353
2020	$261,488	$247,002	$615,979	$14,486
2019	$244,556	$295,773	$612,283	$-51,217
2018	$215,512	$251,977	$671,480	$-36,465

LANESBORO HOUSING DEVELOPMENT INC C/O LIFE STYLE INC