Lynchburg Covenant Fellowship Incorporated (EIN 546026892) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1960

Legal Domicile

Principal Officer

Connie J Snavely

Phone

4348479059

Tax Period

2023-01-01 to 2023-12-31

Lynchburg Covenant Fellowship Inc, founded in 1960, is a small nonprofit that reported $649K in total revenue in fiscal year 2018. Expenses of $729K exceeded revenue, resulting in a 12% operating deficit.

Mission

Provision of safe and affordable housing.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $68,455

Program Service Revenue $609,895

Investment Income $174,983

Other Revenue $1,060

TOTAL REVENUE $854,393

Expense Breakdown

Grants Paid $0

Salaries & Benefits $705,818

Fundraising Expenses $64,076

Program Expenses $619,124

Other Expenses $204,868

TOTAL EXPENSES $910,686

Year-over-Year Comparison

	2023	2022	Change
Revenue	$854,393	$780,453	+0.1%
Expenses	$910,686	$882,876	+0.0%
Net Income	$-56,293	$-102,423	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$134,311

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Connie Snavely	Executive Director	40.00	Officer	$109,406	$24,905	$134,311
Tina Barnes	Director	0.25	Director	$0	$0	$0
Nathan C Brooks III	Director	0.25	Director	$0	$0	$0
William R Cardwell	Treasurer & Director	0.25	Officer Director	$0	$0	$0
Terrell Cosby	Vice Pres. & Director	0.25	Officer Director	$0	$0	$0
Mike Daly	President & Director	0.25	Officer Director	$0	$0	$0
Ron Feinman	Director	0.25	Director	$0	$0	$0
Gary E Harvey	Director	0.25	Director	$0	$0	$0
Angilee W White	Director	0.25	Director	$0	$0	$0
Howard Butler	Director	0.25	Director	$0	$0	$0
Joyce Foster	Secretary & Director	0.25	Officer Director	$0	$0	$0
Coretha Loughridge	Director	0.25	Director	$0	$0	$0
Dan Harrison	Director	0.25	Director	$0	$0	$0
Wanda Ott	Director	0.25	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	No data	No data	No data	No data
2023	$854,393	$910,686	$6,507,177	$-56,293
2022	$780,453	$882,876	$5,933,388	$-102,423
2021	$1,531,221	$756,545	$6,606,101	$774,676
2020	$811,871	$708,864	$5,479,982	$103,007
2019	$627,195	$707,094	$5,356,272	$-79,899
2018	$648,618	$729,447	$5,135,565	$-80,829

Lynchburg Covenant Fellowship Incorporated