LAKE COMO CHURCH OF CHRIST COMMUNI… - Form 990 Financial Data

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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

1985

Legal Domicile

Principal Officer

PATRICK THOMAS

Phone

2147508300

Tax Period

2025-01-01 to 2025-12-31

LAKE COMO CHURCH OF CHRIST COMMUNITY OF HOPE INC, founded in 1985, is a small nonprofit in the Housing & Shelter sector that reported $460K in total revenue in fiscal year 2025.

Mission

PROVIDING 40 AFFORDABLE HOUSING UNITS FOR THE ELDERLY, HANDICAPPED, AND DISABLED.

Program Service Accomplishments

Program 1

Expenses: $404,657 Revenue: $457,932

LOW INCOME HOUSING SUBSIDIZED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WAS PROVIDED TO QUALIFIED TENANTS IN A 40 UNIT APARTMENT COMPLEX LOCATED IN FORT WORTH, TX.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $457,932

Investment Income $1,741

Other Revenue $0

TOTAL REVENUE $459,673

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,439

Fundraising Expenses $0

Program Expenses $404,657

Other Expenses $361,645

TOTAL EXPENSES $449,084

Year-over-Year Comparison

	2025	2024	Change
Revenue	$459,673	$433,776	+0.1%
Expenses	$449,084	$437,118	+0.0%
Net Income	$10,589	$-3,342	-4.2%

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

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
PATRICK THOMAS	DIRECTOR	N/A	Director	$0	$0	$0
CYRUS THOMPSON	DIRECTOR	N/A	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	$459,673	$449,084	$757,123	$10,589
2024	No data	No data	No data	No data
2023	$402,421	$364,062	$795,701	$38,359
2022	$390,780	$569,586	$786,909	$-178,806
2021	$374,967	$340,345	$199,087	$34,622
2020	$377,511	$353,492	$178,279	$24,019
2019	$371,306	$344,170	$174,044	$27,136
2018	$360,153	$352,759	$170,434	$7,394

LAKE COMO CHURCH OF CHRIST COMMUNITY OF HOPE INC