Lutheran Pasadena Housing Inc (EIN 853323568) - 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

2020

Legal Domicile

Principal Officer

Pastor Chris Futch

Phone

7276985425

Tax Period

2023-01-01 to 2023-12-31

Lutheran Pasadena Housing Inc, founded in 2020, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $1.5M left a modest 7% surplus.

Mission

We are a senior housing organization. Our mission is to provide affordable housing and other services to low-income elderly persons.

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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 $15,497

Program Service Revenue $1,562,455

Investment Income $10,534

Other Revenue $43,551

TOTAL REVENUE $1,632,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $328,925

Fundraising Expenses $0

Program Expenses $1,395,563

Other Expenses $1,191,050

TOTAL EXPENSES $1,519,975

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,632,037	$2,734,506	-0.4%
Expenses	$1,519,975	$1,240,222	+0.2%
Net Income	$112,062	$1,494,284	-0.9%

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
Pastor Chris Futch	President	1.00	Officer Director	$0	$0	$0
Mary Ellen Svaren	Treasurer	1.00	Officer Director	$0	$0	$0
Nancy Cabelus	Secretary	1.00	Officer Director	$0	$0	$0
Jim Geschke	Director	1.00	Director	$0	$0	$0
George Rahdert	Director	1.00	Director	$0	$0	$0
Theresa Ziegler	Vice President	1.00	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	No data	No data	No data	No data
2023	$1,632,037	$1,519,975	$1,974,985	$112,062
2022	$2,734,506	$1,240,222	$1,831,452	$1,494,284

Lutheran Pasadena Housing Inc