ASSURED LIFESTYLE HOUSING INC

EIN: 863959522 501(c)(3) Housing & Shelter

El Segundo, CA

Total Revenue
$1,377,614
Total Expenses
$691,659
Total Assets
$685,955
Net Assets
$685,955
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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
2021
Legal Domicile
CA
Principal Officer
LaNear Montgomery
Tax Period
2024-01-01 to 2024-12-31

ASSURED LIFESTYLE HOUSING INC, founded in 2021, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2024. The organization ran a surplus of $686K, a strong 50% operating margin.

Mission

At Assured Lifestyle Housing our mission is to provide shelter and support to homeless individuals in our community. We believe that everyone deserves a safe and comfortable place to call home and we work tirelessly to make that a reality.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,377,614
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,377,614

Expense Breakdown

Grants Paid $0
Salaries & Benefits $258,360
Fundraising Expenses $0
Program Expenses $658,774
Other Expenses $433,299
TOTAL EXPENSES $691,659

Year-over-Year Comparison

2024 2023 Change
Revenue $1,377,614 N/A N/A
Expenses $691,659 N/A N/A
Net Income $685,955 N/A N/A
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

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Governance

Voting Members
4
Independent Members
4
Employees
6
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LaNear Montgomery CEO 40.00
Officer
$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 $1,377,614 $691,659 $685,955 $685,955
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