L & M UNITED HOMES

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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

Makesha Varmah

Phone

8178966171

Tax Period

2024-01-01 to 2024-12-31

L & M UNITED HOMES, founded in 2019, is a small nonprofit in the Crime & Legal sector that reported $383K in total revenue in fiscal year 2024. Revenue surged 73% from the prior year, signaling strong growth momentum. Expenses of $357K left a modest 7% surplus.

Mission

At L&M United Homes, we believe that stable housing is the foundation for a fresh start. Our mission is to support veterans and formerly incarcerated individuals as they transition back into the community by providing safe, stable, and supportive housing.

Program Service Accomplishments

Program 1

Expenses: $144,652 Revenue: $352,000

L & M United Homes provides structured transitional housing to men experiencing homelessness, often after incarceration or military service. Residents typically stay for up to six months while...

L & M United Homes provides structured transitional housing to men experiencing homelessness, often after incarceration or military service. Residents typically stay for up to six months while receiving support in finding stable, permanent housing. The organization offers semi-private rooms with all utilities paid, access to basic necessities, and on-site amenities like laundry and internet. Residents are also connected to community-based services and employment pathways. During the year, the organization housed over [insert number] individuals.

Program 2

Expenses: $23,000 Revenue: $33,000

As part of its job readiness and reentry programming, L & M United Homes operates concession stands in partnership with local stadiums. This initiative provides hands-on training in food handling...

As part of its job readiness and reentry programming, L & M United Homes operates concession stands in partnership with local stadiums. This initiative provides hands-on training in food handling, customer service, time management, and cash handling. Residents earn real-world experience that supports long-term employability. All proceeds from the program are reinvested into housing and services. During the year, [insert number] participants completed this vocational training pathway.

Program 3

Expenses: $94,800 Revenue: $0

L & M United Homes is an approved provider of the Home and Community-Based Services for Adults with Mental Health Needs (HCBS-AMH) program. Through this partnership with Texas Medicaid, the...

L & M United Homes is an approved provider of the Home and Community-Based Services for Adults with Mental Health Needs (HCBS-AMH) program. Through this partnership with Texas Medicaid, the organization delivers housing and mental health-related services to residents diagnosed with serious mental illness. Program offerings include medication monitoring, case management, access to counseling, and skills training. This program is critical for stabilizing individuals reentering the community from hospitals, jails, or institutions. [Insert number] residents were served under HCBS-AMH this year.

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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 $383,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $383,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $94,800

Fundraising Expenses $0

Program Expenses $262,452

Other Expenses $262,452

TOTAL EXPENSES $357,252

Year-over-Year Comparison

	2024	2023	Change
Revenue	$383,000	$222,000	+0.7%
Expenses	$357,252	$238,000	+0.5%
Net Income	$25,748	$-16,000	-2.6%

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
Jason Smith	Treasurer	2.00	Director	$0	$0	$0
Makesha Varmah	Board Chair/Executive Director	40.00	Director Key Emp	$0	$0	$0
Kenneth Simon	Secretary	2.00	Director	$0	$0	$0
Sawana Henry	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
2025	No data	No data	No data	No data
2024	$383,000	$357,252	$27,348	$25,748
2022	$297,000	$296,850	No data	$150