LUTHERAN HOUSING ASSOCIATION FOR THE ELDERLY OF THE VI INC (EIN 660401986) - 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

JUNIA JOHN-STRAKER

Phone

3407724099

Tax Period

2023-10-01 to 2024-09-30

LUTHERAN HOUSING ASSOCIATION FOR THE ELDERLY OF THE VI INC, founded in 1983, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023.

Mission

TO PROVIDE 56 SUBSIDIZED LOW INCOME APARTMENTS AND SUPPORTIVE SERVICES TO LOW AND MODERATE INCOME SENIORS.

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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 $931,889

Program Service Revenue $8,180

Investment Income $19,827

Other Revenue $136,957

TOTAL REVENUE $1,096,853

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $955,434

Other Expenses $1,167,922

TOTAL EXPENSES $1,167,922

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,096,853	$1,034,513	+0.1%
Expenses	$1,167,922	$1,150,161	+0.0%
Net Income	$-71,069	$-115,648	-0.4%

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
FERRYNEISA BENJAMIN	BOARD MEMBER	0.15	Director	$0	$0	$0
CHESTER COPEMANN	BOARD MEMBER	0.15	Director	$0	$0	$0
RONALD RUSSELL ESQ	BOARD MEMBER	0.15	Director	$0	$0	$0
ORVILLE JAMES	BOARD MEMBER	0.15	Director	$0	$0	$0
MAXINE MOORHEAD	TREASURER	0.20	Officer Director	$0	$0	$0
TRACY SANDERS	SECRETARY	0.20	Officer Director	$0	$0	$0
ROBERT WAKEFIELD	PRESIDENT	0.50	Officer Director	$0	$0	$0
JUNIA JOHN-STRAKER	LSSVI CEO	N/A	Officer	$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	$1,096,853	$1,167,922	$2,357,757	$-71,069
2023	$1,034,513	$1,150,161	$2,513,897	$-115,648
2022	$1,699,235	$970,395	$2,659,619	$728,840
2021	$912,378	$1,451,871	$2,186,610	$-539,493
2020	$765,270	$996,936	$2,596,181	$-231,666

LUTHERAN HOUSING ASSOCIATION FOR THE ELDERLY OF THE VI INC