LOHO

EIN: 760732680 501(c)(3) Housing & Shelter

Lopez Island, WA

Total Revenue
$1,291,842
Total Expenses
$1,127,255
Total Assets
$4,199,444
Net Assets
$2,262,702
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
WA
Principal Officer
Barbara Orcutt
Phone
3604682620
Tax Period
2025-01-01 to 2025-12-31

LOHO, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2025. Expenses of $1.1M left a modest 13% surplus.

Mission

The Hamlet (LOHO) is a residential community in the heart of Lopez Village for people age 55 and older, offering affordable housing for Lopez residents and their loved ones in a diverse, safe, and welcoming environment.

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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 (2025)

Revenue Breakdown

Contributions & Grants $269,626
Program Service Revenue $989,027
Investment Income $26,860
Other Revenue $6,329
TOTAL REVENUE $1,291,842

Expense Breakdown

Grants Paid $0
Salaries & Benefits $646,097
Fundraising Expenses $22,556
Program Expenses $1,021,219
Other Expenses $481,158
TOTAL EXPENSES $1,127,255

Year-over-Year Comparison

2025 2024 Change
Revenue $1,291,842 $1,288,402 +0.0%
Expenses $1,127,255 $1,006,619 +0.1%
Net Income $164,587 $281,783 -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

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Governance

Voting Members
7
Independent Members
7
Employees
18
Volunteers
30

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
6
$181,933
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amy Hatchel Hamlet House Manager 40
Officer
$100,317 $9,506 $109,823
Heather Harrison Executive Director of Hamlet Cottages 26
Officer
$66,359 $5,751 $72,110
Barbara Orcutt Board Chair 2.00
Officer Director
$0 $0 $0
Shannon Wilbur Vice Chair 2
Officer Director
$0 $0 $0
Mary Ann Cameron Secretary & Treasurer from September 2025 2
Officer Director
$0 $0 $0
Christopher Wiscomb Treasurer thru Feb 2025 2
Officer Director
$0 $0 $0
Sarah Kip Greenthal Director 1
Director
$0 $0 $0
June Coover Director 1
Director
$0 $0 $0
Karen Johnson Director from June 2025 1
Director
$0 $0 $0
Margaret Polly Ham Director from September 2025 1
Director
$0 $0 $0
Logan Knight Director from December 2025 1
Director
$0 $0 $0
Nancy Wynen Director thru May 2025 1
Director
$0 $0 $0
Karen Gilbert Director thru September 2025 1
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 $1,291,842 $1,127,255 $4,199,444 $164,587
2024 No data No data No data No data
2023 $947,219 $956,776 $3,915,047 $-9,557
2022 $741,592 $858,986 $3,880,803 $-117,394
2021 $746,348 $759,097 $4,035,355 $-12,749
2020 $733,414 $753,848 $4,105,241 $-20,434
2019 $667,368 $697,797 $4,171,393 $-30,429
2018 $735,088 $666,863 $4,236,831 $68,225
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