LUTHER HOUSE IV INC (EIN 432115850) - 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

2006

Legal Domicile

Principal Officer

STEPHEN BOSSONG

Phone

6108694240

Tax Period

2024-01-01 to 2024-12-31

LUTHER HOUSE IV INC, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $446K in total revenue in fiscal year 2024. Expenses of $541K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY.

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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 $0

Program Service Revenue $433,720

Investment Income $12,228

Other Revenue $345

TOTAL REVENUE $446,293

Expense Breakdown

Grants Paid $0

Salaries & Benefits $146,756

Fundraising Expenses $0

Program Expenses $397,009

Other Expenses $394,206

TOTAL EXPENSES $540,962

Year-over-Year Comparison

	2024	2023	Change
Revenue	$446,293	$425,219	+0.0%
Expenses	$540,962	$520,354	+0.0%
Net Income	$-94,669	$-95,135	0.0%

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

188

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

$167,028

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANA SEIP	EXECUTIVE DI	10.00	Officer	$0	$35,339	$167,028
STEPHEN BOSSONG	PRESIDENT	2.00	Officer Director	$0	$0	$0
DIANE CHUN	TREASURER	2.00	Officer Director	$0	$0	$0
JAY LISKA	SECRETARY	2.00	Officer Director	$0	$0	$0
ERIC HEISS	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICIA BERKWITS	BOARD MEMBER	1.00	Director	$0	$0	$0
BOB JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
LOU MINELLA	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD STREAMER	BOARD MEMBER	1.00	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	$446,293	$540,962	$4,968,932	$-94,669
2023	$425,219	$520,354	$5,072,912	$-95,135
2022	$390,902	$503,257	$5,158,397	$-112,355
2021	$367,158	$494,885	$5,271,290	$-127,727
2020	$370,859	$491,969	$5,404,550	$-121,110
2019	$355,072	$464,545	$5,523,477	$-109,473
2018	$353,773	$519,182	$5,632,911	$-165,409

LUTHER HOUSE IV INC