LORETTA VILLAGE HOUSING 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

1997

Legal Domicile

Principal Officer

DR TYRONE CHASE

Phone

4107491142

Tax Period

2024-07-01 to 2025-06-30

LORETTA VILLAGE HOUSING INC, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $162K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $200K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE SAFE AND AFFORDABLE LOW COST HOUSING AND ASSISTANCE TO THE ELDERLY OF THE COMMUNITY

Program Service Accomplishments

Program 1

Expenses: $152,133 Revenue: $65,625

TO PROVIDE LOW COST HOUSING AND ASSISTANCE TO THE ELDERLY OF THE COMMUNITY

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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 $96,100

Program Service Revenue $56,155

Investment Income $1,930

Other Revenue $7,540

TOTAL REVENUE $161,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,705

Fundraising Expenses $0

Program Expenses $152,133

Other Expenses $160,377

TOTAL EXPENSES $200,082

Year-over-Year Comparison

	2024	2023	Change
Revenue	$161,725	$147,110	+0.1%
Expenses	$200,082	$161,537	+0.2%
Net Income	$-38,357	$-14,427	+1.7%

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

$177,123

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FREDDY L MITCHELL	BOARD MEMBER	0.00	Director	$0	$0	$0
CRAIG MATHIES	CHAIR	0.00	Officer Director	$0	$0	$0
KEITH DAVIDSON	BOARD MEMBER	0.00	Director	$0	$0	$0
MCKINLEY TULL	VICE CHAIR	0.00	Officer Director	$0	$0	$0
WILLIAM BARCLAY	BOARD MEMBER	0.00	Director	$0	$0	$0
ELMIRA BROWN	TREASURER	0.00	Officer Director	$0	$0	$0
DR TYRONE CHASE	EXECUTIVE DIRECTOR	2.00	Officer	$0	$11,603	$177,123

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	$161,725	$200,082	$469,016	$-38,357
2024	$147,110	$161,537	$510,029	$-14,427
2023	$150,186	$165,370	$476,684	$-15,184
2022	$140,005	$166,859	$462,570	$-26,854
2021	$131,959	$172,946	$499,942	$-40,987
2020	$122,953	$154,978	$528,279	$-32,025
2019	$135,759	$140,681	$590,253	$-4,922