Lincoln Senior Housing Inc (EIN 800065660) - 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

2005

Legal Domicile

Principal Officer

Richard Knoll

Phone

2037364673

Tax Period

2024-01-01 to 2024-12-31

Lincoln Senior Housing Inc, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $575K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Net assets of $3.1M represent 65 months of operating reserves.

Mission

To develop and operate a 34-unit elderly housing project under the provisions of HUD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $575,276

Investment Income $69

Other Revenue $0

TOTAL REVENUE $575,345

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,774

Fundraising Expenses $0

Program Expenses $519,216

Other Expenses $488,850

TOTAL EXPENSES $610,624

Year-over-Year Comparison

	2024	2023	Change
Revenue	$575,345	$607,001	-0.1%
Expenses	$610,624	$624,700	0.0%
Net Income	$-35,279	$-17,699	+1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
Richard Knoll	Board President	2.00	Officer Director	$0	$0	$0
Barbara Libby	Board Vice President	2.00	Officer Director	$0	$0	$0
Nancy Valentine	Board Treasurer	2.00	Officer Director	$0	$0	$0
Beth Colette	Board Secretary	2.00	Officer Director	$0	$0	$0
Elaine Marcucio	Board Member	2.00	Director	$0	$0	$0
Robert Novak	Board Member	2.00	Director	$0	$0	$0
Virginia Russo	Board Member	2.00	Director	$0	$0	$0
John Trovarelli	Board Member	2.00	Director	$0	$0	$0
Laura Wabno	Board Member	2.00	Director	$0	$0	$0
Anita Dugatto	Board Member	2.00	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
2024	$575,345	$610,624	$3,272,019	$-35,279
2023	$607,001	$624,700	$3,286,176	$-17,699
2022	$517,855	$585,982	$3,263,772	$-68,127
2021	$497,079	$586,076	$3,314,731	$-88,997
2020	$455,092	$606,295	$3,390,475	$-151,203
2019	$474,533	$547,905	$3,520,973	$-73,372
2018	$472,613	$520,222	$3,585,577	$-47,609

Lincoln Senior Housing Inc