LIMBE HOUSE INC

EIN: 760538046 501(c)(3) Mental Health

HOUSTON, TX

Total Revenue
$307,887
Total Expenses
$330,760
Total Assets
$26,592
Net Assets
$-195,481
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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
1996
Legal Domicile
TX
Principal Officer
NGUNDJO C OGUNSON
Phone
8322168120
Tax Period
2024-01-01 to 2024-12-31

LIMBE HOUSE INC, founded in 1996, is a small nonprofit in the Mental Health sector that reported $308K in total revenue in fiscal year 2024.

Mission

TO PROVIDE LOW COST HOUSING AND CARE

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $307,887
Investment Income $0
Other Revenue $0
TOTAL REVENUE $307,887

Expense Breakdown

Grants Paid $0
Salaries & Benefits $164,806
Fundraising Expenses $0
Program Expenses $323,044
Other Expenses $165,954
TOTAL EXPENSES $330,760

Year-over-Year Comparison

2024 2023 Change
Revenue $307,887 $317,774 0.0%
Expenses $330,760 $339,683 0.0%
Net Income $-22,873 $-21,909 +0.0%
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

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Governance

Voting Members
2
Independent Members
2
Employees
6
Volunteers
2

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
2
$66,750
Total Directors
0
$0
Key Employees
2
$66,750
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DJOMU OGUNSON pRESIDENT/ VICE CHAIR 20.00
Officer Key Emp
$24,750 $0 $24,750
NGUNDJO C OGUNSON CEO/CHAIR 40.00
Officer Key Emp Highest
$42,000 $0 $42,000
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 $307,887 $330,760 $26,592 $-22,873
2019 $243,137 $244,365 No data $-1,228
2018 $226,571 $233,101 No data $-6,530
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