LHC MINISTRIES INC

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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

2013

Legal Domicile

Principal Officer

ANNEMARIE H DANG

Phone

3105160271

Tax Period

2024-01-01 to 2024-12-31

LHC MINISTRIES INC, founded in 2013, is a small nonprofit in the Education sector that reported $479K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring.

Mission

Lovers of the Holy Cross were founded by a French missionary, Bishop Lambert de La Motte, in Viet Nam, in 1670. Our charism is to direct our mind, heart and life toward Jesus Christ Crucified, and our ministries are in the field of social work, education and health care.

Program Service Accomplishments

Program 1

Expenses: $489,036 Revenue: $479,427

LHC Ministries, Inc. operates a childcare program serving low-income families in the community. The organization also operates a food pantry and provides charitable assistance and community support...

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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 $479,427

Investment Income $0

Other Revenue $0

TOTAL REVENUE $479,427

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $489,036

Other Expenses $489,167

TOTAL EXPENSES $489,167

Year-over-Year Comparison

	2024	2023	Change
Revenue	$479,427	$781,869	-0.4%
Expenses	$489,167	$668,652	-0.3%
Net Income	$-9,740	$113,217	-1.1%

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

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
SR MARIA JENNIFER NGUYEN	CEO	N/A	Officer Director	$0	$0	$0
SR FRANCESCA TRAN	SECRETARY	035.00	Officer Director	$0	$0	$0
Sr ANNEMARIE DANG	CFO	015.00	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	No data	No data	No data	No data
2024	$479,427	$489,167	$36,462	$-9,740
2023	$781,869	$668,652	$288,471	$113,217
2022	$1,570,131	$1,616,257	$175,254	$-46,126
2021	$273,176	$209,717	$82,095	$63,459
2020	$185,161	$181,004	$18,636	$4,157