LUCC LTD OF RALEIGH (EIN 561370891) - 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

1983

Legal Domicile

Principal Officer

ROOSEVELT SCOTT JR

Phone

3367241000

Tax Period

2023-01-01 to 2023-12-31

LUCC LTD OF RALEIGH, founded in 1983, is a small nonprofit that reported $426K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $510K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE ORGANIZATION PROVIDES LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED.

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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 $425,169

Investment Income $532

Other Revenue $0

TOTAL REVENUE $425,701

Expense Breakdown

Grants Paid $0

Salaries & Benefits $73,896

Fundraising Expenses $0

Program Expenses $404,079

Other Expenses $436,002

TOTAL EXPENSES $509,898

Year-over-Year Comparison

	2023	2022	Change
Revenue	$425,701	$450,610	-0.1%
Expenses	$509,898	$521,403	0.0%
Net Income	$-84,197	$-70,793	+0.2%

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

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
ROOSEVELT SCOTT JR	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY A ROGERS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
EDRISA HORTON	SECRETARY	1.00	Officer Director	$0	$0	$0
LONNETTA W RAYNOR	TREASURER	1.00	Officer Director	$0	$0	$0
SHARON CANNON	MEMBER	1.00	Director	$0	$0	$0
GILBERT DORSEY	MEMBER	1.00	Director	$0	$0	$0
DEACON THOMAS DOWDY	CHAPLAIN	1.00	Officer Director	$0	$0	$0
MARVIN ROGERS	MEMBER	1.00	Director	$0	$0	$0
DEBRA SMALLWOOD	MEMBER	1.00	Director	$0	$0	$0
PASTOR JOE L STEVENSON	MEMBER	1.00	Director	$0	$0	$0
ANITA WILDER	MEMBER	1.00	Director	$0	$0	$0
HELEN CAMERON	MEMBER	1.00	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	$425,701	$509,898	$1,842,358	$-84,197
2022	$450,610	$521,403	$1,959,682	$-70,793
2021	$458,047	$473,066	$454,261	$-15,019
2020	$373,476	$317,927	$451,973	$55,549
2019	$340,319	$332,066	$392,874	$8,253
2018	$353,380	$344,650	$415,651	$8,730

LUCC LTD OF RALEIGH