LUTHER GARDENS INC (EIN 481082384) - 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

1989

Legal Domicile

Principal Officer

DENNIS PAYNE

Phone

7852732995

Tax Period

2023-01-01 to 2023-12-31

LUTHER GARDENS INC, founded in 1989, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.1M left a modest 8% surplus.

Mission

PROVIDE MIDDLE INCOME HOUSING UNDER 221(D)(3).

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,136,100

Investment Income $3,410

Other Revenue $4,374

TOTAL REVENUE $1,143,884

Expense Breakdown

Grants Paid $0

Salaries & Benefits $186,945

Fundraising Expenses $0

Program Expenses $878,754

Other Expenses $863,103

TOTAL EXPENSES $1,050,048

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,143,884	$1,100,319	+0.0%
Expenses	$1,050,048	$1,040,757	+0.0%
Net Income	$93,836	$59,562	+0.6%

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

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
DIANE BOTTORFF	BOARD MEMBER	N/A	Director	$0	$0	$0
BARB COLLINS	BOARD MEMBER	N/A	Director	$0	$0	$0
ROBERT HANNA	BOARD MEMBER	N/A	Director	$0	$0	$0
MARILYN HECKMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
AUSTIN JACKSON	TREASURER	N/A	Officer Director	$0	$0	$0
RALPH KRUMINS	BOARD MEMBER	N/A	Director	$0	$0	$0
CAROL MARKER	BOARD MEMBER	N/A	Director	$0	$0	$0
DAVID MCGINNIS	SECRETARY	N/A	Officer Director	$0	$0	$0
DEAN MCGINNIS	BOARD MEMBER	N/A	Director	$0	$0	$0
DENNIS PAYNE	PRESIDENT	N/A	Officer Director	$0	$0	$0
DEBBIE POMEROY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
RICHARD SCHAEFFER	BOARD MEMBER	N/A	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	No data	No data	No data	No data
2023	$1,143,884	$1,050,048	$3,045,328	$93,836
2022	$1,100,319	$1,040,757	$3,160,327	$59,562
2021	$1,126,360	$1,073,282	$3,343,708	$53,078
2020	$1,101,815	$1,002,023	$3,464,304	$99,792
2019	$1,078,261	$1,036,873	$3,523,070	$41,388
2018	$1,042,654	$1,082,518	$3,632,752	$-39,864

LUTHER GARDENS INC