LANDIS QUALITY LIVING (EIN 833598754) - 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

2019

Legal Domicile

Principal Officer

EVON BERGEY

Phone

7175693271

Tax Period

2023-07-01 to 2024-06-30

LANDIS QUALITY LIVING, founded in 2019, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 2794% from the prior year, signaling strong growth momentum. Expenses of $2.8M exceeded revenue, resulting in a 36% operating deficit.

Mission

THE PURPOSE OF THE CORPORATION IS TO PROVIDE AFFORDABLE, LOW-INCOME HOUSING, INCLUDING RENTAL UNITS FOR OLDER ADULTS TO PROMOTE COMMUNITY AMONG THE RESIDENTS AND TO PROVIDE ACCESS TO HOME AND COMMUNITY BASED SERVICES.

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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 $36,978

Program Service Revenue $1,581,212

Investment Income $14,696

Other Revenue $419,814

TOTAL REVENUE $2,052,700

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,480,358

Other Expenses $2,797,705

TOTAL EXPENSES $2,797,705

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,052,700	$70,931	+27.9%
Expenses	$2,797,705	$674,081	+3.2%
Net Income	$-745,005	$-603,150	+0.2%

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

$522,088

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH STUCKEY	CHAIR	1.00	Officer Director	$0	$0	$0
JOHNCEY MATHEW	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
GWEN SCHUIT	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID HERNLEY	TREASURER	1.00	Officer Director	$0	$0	$0
KEVIN RESSLER	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA SARNOCINSKI	DIRECTOR	1.00	Director	$0	$0	$0
JUDY ZIMMERMAN HERR	DIRECTOR	1.00	Director	$0	$0	$0
GERRY HORST	DIRECTOR	1.00	Director	$0	$0	$0
MIKE OBERHOLTZER	DIRECTOR	1.00	Director	$0	$0	$0
SUE WATERFIELD	DIRECTOR	1.00	Director	$0	$0	$0
EVON BERGEY	EXECUTIVE DIRECTOR	10.00	Officer	$0	$32,308	$268,162
COREY HAMILTON	VP OF FINANCE/CFO	1.00	Officer	$0	$31,886	$253,926
EDWARD KAMINSKI	DIRECTOR OF LANDIS QUALITY LIVING	44.00	Highest	$0	$23,969	$170,121

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	No data	No data	No data	No data
2024	$2,052,700	$2,797,705	$28,417,505	$-745,005
2023	$70,931	$674,081	$29,003,315	$-603,150
2022	$370,678	$379,855	$13,580,234	$-9,177
2021	$98,165	$258,408	$2,850,492	$-160,243

LANDIS QUALITY LIVING