LAKEVIEW HOUSING AUTHORITY INC (EIN 521253594) - 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

1978

Legal Domicile

Principal Officer

FABIAN WHITE

Phone

4105430444

Tax Period

2024-01-01 to 2024-12-31

LAKEVIEW HOUSING AUTHORITY INC, founded in 1978, is a small nonprofit in the Housing & Shelter sector that reported $422K in total revenue in fiscal year 2024.

Mission

ELDERLY AND HANDICAPPED HOUSING

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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 $421,570

Investment Income $-3

Other Revenue $0

TOTAL REVENUE $421,567

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,509

Fundraising Expenses $0

Program Expenses $362,095

Other Expenses $305,820

TOTAL EXPENSES $423,329

Year-over-Year Comparison

	2024	2023	Change
Revenue	$421,567	$397,255	+0.1%
Expenses	$423,329	$406,864	+0.0%
Net Income	$-1,762	$-9,609	-0.8%

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

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

$27,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FABIAN WHITE	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARVIN PARKER	DIRECTOR	1.00	Director	$0	$0	$0
DARLENE WHITE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICIA BEACH	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
RON GROTON	MANAGER	20.00	Officer	$27,600	$0	$27,600

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	$421,567	$423,329	$773,914	$-1,762
2023	$397,255	$406,864	$808,590	$-9,609
2022	$351,934	$424,301	$855,153	$-72,367
2021	$377,826	$384,263	$953,173	$-6,437
2020	$371,113	$373,064	$992,387	$-1,951
2019	$354,840	$420,137	$1,022,424	$-65,297
2018	$350,610	$373,379	$1,222,777	$-22,769

LAKEVIEW HOUSING AUTHORITY INC