FRIENDS OF LAFAYETTE HOUSE (EIN 822815239) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

LISA PRESS

Phone

6034278941

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF LAFAYETTE HOUSE, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $931K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $322K, a strong 35% operating margin.

Mission

OVERSEE AND MANAGE A HUD ASSISTED RESIDENTIAL FACILITY FOR 12 DEVELOPMENTALLY DISABLED ADULTS. PROVIDE FUND RAISING TO SUPPORT ACTIVITIES AND COSTS NOT COVERED BY HUD FUNDING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $163,957

Program Service Revenue $757,371

Investment Income $9,369

Other Revenue $0

TOTAL REVENUE $930,697

Expense Breakdown

Grants Paid $0

Salaries & Benefits $433,412

Fundraising Expenses $0

Program Expenses $504,056

Other Expenses $175,524

TOTAL EXPENSES $608,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$930,697	$729,336	+0.3%
Expenses	$608,936	$540,358	+0.1%
Net Income	$321,761	$188,978	+0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
TRACY ADAMS	TREASURER	5.00	Officer Director	$0	$0	$0
DAVE BAXTER	AT LARGE DIR	1.00	Director	$0	$0	$0
MELANIE MERZ	SECRETARY	5.00	Officer Director	$0	$0	$0
LISA PRESS	PRESIDENT	10.00	Officer Director	$0	$0	$0
LYNN SPANG	VICE PRESIDE	10.00	Officer 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	$930,697	$608,936	$1,076,346	$321,761
2023	$729,336	$540,358	$761,647	$188,978
2022	$510,285	$480,795	$567,362	$29,490
2021	$456,322	$413,948	$531,938	$42,374
2020	$431,630	$369,400	$406,828	$62,230

FRIENDS OF LAFAYETTE HOUSE