LCH Benefit Trust (EIN 626261358) - 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

1992

Legal Domicile

Principal Officer

Mike Minnich

Phone

4235870807

Tax Period

2024-01-01 to 2024-12-31

LCH Benefit Trust, founded in 1992, is a small nonprofit in the Housing & Shelter sector that reported $349K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $292K, a strong 84% operating margin.

Mission

To provide residential services to individuals with developmental disabilities

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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 $0

Investment Income $122,829

Other Revenue $225,820

TOTAL REVENUE $348,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,582

Other Expenses $56,582

TOTAL EXPENSES $56,582

Year-over-Year Comparison

	2024	2023	Change
Revenue	$348,649	$1,028,459	-0.7%
Expenses	$56,582	$70,423	-0.2%
Net Income	$292,067	$958,036	-0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mike Minnich	Chairman	001.00	Officer Director	$0	$0	$0
Jimmy Davis	Vice-Chairman	001.00	Officer Director	$0	$0	$0
Brian Steisslinger	Treasurer	001.00	Officer Director	$0	$0	$0
Patsy Wright	Secretary	001.00	Officer 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	$348,649	$56,582	$5,381,170	$292,067
2023	$1,028,459	$70,423	$5,066,235	$958,036
2022	$467,730	$75,364	$4,082,969	$392,366
2021	$267,488	$76,195	$3,756,675	$191,293
2020	$373,386	$75,571	$3,593,008	$297,815
2019	$774,674	$58,258	$3,276,597	$716,416
2018	$1,112,503	$61,418	$2,525,454	$1,051,085

LCH Benefit Trust