LOUISON PROPERTIES INC (EIN 832396541) - 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

2018

Legal Domicile

Principal Officer

MAKAYLA COURTNEY MCGEENEY

Phone

4136636323

Tax Period

2023-10-01 to 2024-09-30

LOUISON PROPERTIES INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $228K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $157K, a strong 69% operating margin.

Mission

THE CORPORATION IS ORGANIZED FOR CHARITABLE PURPOSES AND THE CORPORATION SHALL ENGAGE IN HOLDING REAL AND PERSONAL PROPERTY TO PREVENT HOMELESSNESS, PROMOTE INDEPENDENT LIVING AND TO SUPPORT LOUISON HOUSE, INC., AND TO ENGAGE IN SUCH OTHER ACTIVITIES AS MAY APPROPRIATE AND CONSISTENT WITH THE CORPORATION'S STATUS AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $227,608

Investment Income $709

Other Revenue $0

TOTAL REVENUE $228,317

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,893

Other Expenses $71,786

TOTAL EXPENSES $71,786

Year-over-Year Comparison

	2023	2022	Change
Revenue	$228,317	$548,217	-0.6%
Expenses	$71,786	$69,452	+0.0%
Net Income	$156,531	$478,765	-0.7%

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

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
MIKE CUTLER	DIRECTOR	1.00	Director	$0	$0	$0
BETTY HAKES	TREASURER	1.00	Officer Director	$0	$0	$0
PAUL MARINO	DIRECTOR	1.00	Director	$0	$0	$0
MAKAYLA COURTNEY MCGEENEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
SANDY RACETTE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID RHOADS	DIRECTOR	1.00	Director	$0	$0	$0
LYNN RHOADS	DIRECTOR	1.00	Director	$0	$0	$0
DONALD WRIGHT	DIRECTOR	1.00	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	$228,317	$71,786	$3,519,955	$156,531
2023	$548,217	$69,452	$3,082,045	$478,765
2022	$12,249	$64,269	$2,926,419	$-52,020

LOUISON PROPERTIES INC