Lorin Station Inc (EIN 943147136) - 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

1991

Legal Domicile

Principal Officer

LANDON WILLIAMS

Phone

5104129290

Tax Period

2023-01-01 to 2023-12-31

Lorin Station Inc, founded in 1991, is a small nonprofit that reported $176K in total revenue in fiscal year 2023. Expenses of $276K exceeded revenue, resulting in a 56% operating deficit.

Mission

TO PROVIDE HOUSING FOR LOW-INCOME PERSONS, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH GROUPS.

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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 $35,684

Program Service Revenue $135,940

Investment Income $70

Other Revenue $4,753

TOTAL REVENUE $176,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,990

Fundraising Expenses $0

Program Expenses $250,409

Other Expenses $250,932

TOTAL EXPENSES $275,922

Year-over-Year Comparison

	2023	2022	Change
Revenue	$176,447	$175,328	+0.0%
Expenses	$275,922	$322,588	-0.1%
Net Income	$-99,475	$-147,260	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LANDON WILLIAMS	Chairman	1.00	Officer Director	$0	$0	$0
JAMAL WILLIAMS	Secretary	1.00	Officer Director	$0	$0	$0
ORA WILLIAMS	MEMBER	1.00	Director	$0	$0	$0
JEAN BELVA NEWSON	Treasurer	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
2023	$176,447	$275,922	$994,062	$-99,475
2022	$175,328	$322,588	$608,459	$-147,260
2021	$172,642	$272,820	$608,165	$-100,178
2020	$168,645	$280,162	$631,963	$-111,517
2019	$152,737	$271,844	$679,984	$-119,107
2018	$144,337	$309,310	$773,980	$-164,973

Lorin Station Inc