LAGEHO COMMUNITY DEVELOPMENT NETWORK INC

EIN: 421624862 501(c)(3) Human Services

Fort Lauderdale, FL

Total Revenue
$1,018,951
Total Expenses
$1,014,951
Total Assets
$113,942
Net Assets
$113,942
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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
2004
Legal Domicile
FL
Phone
9547709071
Tax Period
2024-01-01 to 2024-12-31

LAGEHO COMMUNITY DEVELOPMENT NETWORK INC, founded in 2004, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

FREE TAX PREPARATION WITH IRS(VITA), IMMIGRATION SERVICES, ECONOMIC DEVELOPMENT FOR FINANCIAL STABILITY, MEDICAL/PSYCHOLOGICAL SERVICES OR HEALTH OR WELLNESS, LEGAL 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,016,951
Program Service Revenue $2,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,018,951

Expense Breakdown

Grants Paid $1,000,002
Salaries & Benefits $2,658
Fundraising Expenses $0
Other Expenses $12,291
TOTAL EXPENSES $1,014,951

Year-over-Year Comparison

2024 2023 Change
Revenue $1,018,951 $1,095,460 -0.1%
Expenses $1,014,951 $1,096,880 -0.1%
Net Income $4,000 $-1,420 -3.8%
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
7
Independent Members
7
Employees
N/A
Volunteers
12

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEAN ROBERT ARMAND PRESIDENT 0
$0 $0 $0
LUNA GARCON OPERATIONS DIRECTOR 0
$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 $1,018,951 $1,014,951 $113,942 $4,000
2023 $1,095,460 $1,096,880 $132,412 $-1,420
2022 $1,034,291 $1,047,865 $295,586 $-13,574
2021 $1,074,446 $1,036,224 $309,160 $38,222
2020 $878,684 $848,518 $102,430 $30,166
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