LGBTQ SENIOR HOUSING INC (EIN 832784363) - 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

GRETCHEN VAN NESS

Phone

6173903384

Tax Period

2023-01-01 to 2023-12-31

LGBTQ SENIOR HOUSING INC, founded in 2018, is a community nonprofit in the Housing & Shelter sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 215% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 84% operating margin.

Mission

TO FACILITATE ACCESS TO WELCOMING, SAFE AND AFFORDABLE HOUSING FOR LOW-INCOME LGBTQ SENIORS

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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 $2,181,847

Program Service Revenue $0

Investment Income $14,786

Other Revenue $0

TOTAL REVENUE $2,196,633

Expense Breakdown

Grants Paid $0

Salaries & Benefits $152,092

Fundraising Expenses $6,161

Program Expenses $93,621

Other Expenses $197,154

TOTAL EXPENSES $349,246

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,196,633	$696,551	+2.2%
Expenses	$349,246	$141,196	+1.5%
Net Income	$1,847,387	$555,355	+2.3%

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

$91,070

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gretchen Van Ness	Executive Dir.	40.00	Officer	$91,070	$0	$91,070
Allison Bayer	Treasurer	5.00	Officer Director	$0	$0	$0
Brandi Derr	Director	2.00	Director	$0	$0	$0
Dorothea Keeling	Director	2.00	Director	$0	$0	$0
Lisa Krinsky	Director	2.00	Director	$0	$0	$0
Aileen Montour	President	5.00	Officer Director	$0	$0	$0
Tej Nuthulaganti	Director	2.00	Director	$0	$0	$0
Sue Reamer	Clerk	5.00	Officer Director	$0	$0	$0
Philippe Saad	Vice President	2.00	Director	$0	$0	$0
Kyle Miller	Director	2.00	Director	$0	$0	$0
Chastity Bowick	Director	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	No data	No data	No data	No data
2023	$2,196,633	$349,246	$3,164,485	$1,847,387
2022	$696,551	$141,196	$969,300	$555,355
2021	$375,915	$126,188	$414,102	$249,727

LGBTQ SENIOR HOUSING INC