LAMBERT HOUSE (EIN 943036815) - 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

1986

Legal Domicile

Principal Officer

KENNETH SHULMAN

Phone

2063222515

Tax Period

2023-01-01 to 2023-12-31

LAMBERT HOUSE, founded in 1986, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 53% operating margin.

Mission

CENTER FOR GAY, LESBIAN, BISEXUAL, TRANSGENDER & QUESTIONING YOUTH THAT ENCOURAGES EMPOWERMENT THROUGH THE DEVELOPMENT OF LEADERSHIP, SOCIAL AND LIFE SKILLS.

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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 $1,947,796

Program Service Revenue $100

Investment Income $64

Other Revenue $0

TOTAL REVENUE $1,947,960

Expense Breakdown

Grants Paid $0

Salaries & Benefits $752,604

Fundraising Expenses $171,421

Program Expenses $614,589

Other Expenses $155,331

TOTAL EXPENSES $907,935

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,947,960	$897,194	+1.2%
Expenses	$907,935	$779,863	+0.2%
Net Income	$1,040,025	$117,331	+7.9%

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

Volunteers

102

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

$376,351

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY NUTTER	PRESIDENT	2.00	Officer Director	$0	$0	$0
QUYEN LUU	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
AARON CHANDLER	TREASURER, SECRETARY	2.00	Officer Director	$0	$0	$0
DEDRICK SPRICK	SECRETARY (TO SEPT. 2023)	1.00	Officer Director	$0	$0	$0
TOM WEAVER	DIRECTOR	1.00	Officer Director	$0	$0	$0
KENNETH SHULMAN	EXECUTIVE DIRECTOR	50.00	Officer	$329,806	$46,545	$376,351

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	$1,947,960	$907,935	$3,950,674	$1,040,025
2022	$897,194	$779,863	$3,436,654	$117,331
2021	$1,679,233	$640,113	$3,280,293	$1,039,120
2020	$771,774	$541,824	$3,125,720	$229,950
2019	$670,699	$564,831	$2,837,532	$105,868
2018	$692,217	$413,964	$2,727,711	$278,253

LAMBERT HOUSE