LOCK TOWNS RESIDENTIAL FACILITIES (EIN 650139973) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

1995

Legal Domicile

Principal Officer

MARK KNOBEL

Tax Period

2024-07-01 to 2025-06-30

LOCK TOWNS RESIDENTIAL FACILITIES, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $334K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $456K exceeded revenue, resulting in a 37% operating deficit.

Mission

PROVIDES HOUSING TO DISABLED PERSONS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT UNDER AN AGREEMENT WITH THE DEPARTMENT OF HUD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $333,950

Investment Income $0

Other Revenue $0

TOTAL REVENUE $333,950

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,511

Fundraising Expenses $0

Program Expenses $413,504

Other Expenses $381,391

TOTAL EXPENSES $455,902

Year-over-Year Comparison

	2024	2023	Change
Revenue	$333,950	$304,736	+0.1%
Expenses	$455,902	$363,973	+0.3%
Net Income	$-121,952	$-59,237	+1.1%

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

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
MARK KNOBEL	PRESIDENT	005.00	Officer Director	$0	$0	$0
DANIEL HARDY	VICE PRESIDENT	005.00	Officer Director	$0	$0	$0
JOSEPH AUSCH	TREASURER	005.00	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
2025	$333,950	$455,902	$688,949	$-121,952
2024	$304,736	$363,973	$792,566	$-59,237
2023	$306,223	$355,899	$848,951	$-49,676
2022	$276,606	$377,316	$899,797	$-100,710
2021	$256,152	$252,300	$1,011,018	$3,852

LOCK TOWNS RESIDENTIAL FACILITIES