Civic Intelligence

Louisville Housing Opportunity

EIN 45-4127209 • 501(c)3 • Louisville, KY

Profile

Lhome is a mission-driven, nonprofit financial institution that provides accessible, affordable loan products and financial coaching services to low-income small business owners, homeowners, and residents of louisville, kentucky. Lhome is a community development financial institution (cdfi), certified by the u.s. Treasury. Lhome is short for the louisville housing opportunities and micro-enterprise community development loan fund, inc.lhome is committed to serving the people and businesses of louisvillle's low- and moderate- income census tracts, primarily our west and south end neighborhoods, and creating intergenerationial wealth opportunities, particularly for louisville's black and brown residents. Over 70% of lhome clients are non-white, and over 90% reside in these historically underserved and discriminated sections of our city.

PO Box 211028Louisville, KY 40221

www.lhomeky.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.35x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.93x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

18th percentile

-15%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$192,443

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 14.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

8th percentile

-24%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-9.9%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,435,133

Down $1,087,866 (-24%) from 2023

Liabilities

Down

$1,197,293

Down $899,888 (-43%) from 2023

Net Assets

Down

$2,237,840

Down $187,978 (-7.7%) from 2023

Revenue

Down

$1,293,100

Down $141,557 (-9.9%) from 2023

Expenses

Down

$1,481,078

Down $462,573 (-24%) from 2023

Net Income

Up

-$187,978

Up $321,016 (+63%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2017: $121,763Liabilities 2017: $105,959Net Assets 2017: $15,8042017Assets 2018: $487,104Liabilities 2018: $266,237Net Assets 2018: $220,8672018Assets 2019: $1,451,919Liabilities 2019: $896,494Net Assets 2019: $555,4252019Assets 2020: $4,558,113Liabilities 2020: $2,016,227Net Assets 2020: $2,541,8862020Assets 2021: $4,345,145Liabilities 2021: $1,740,921Net Assets 2021: $2,604,2242021Assets 2022: $4,863,586Liabilities 2022: $1,928,774Net Assets 2022: $2,934,8122022Assets 2023: $4,522,999Liabilities 2023: $2,097,181Net Assets 2023: $2,425,8182023Assets 2024: $3,435,133Liabilities 2024: $1,197,293Net Assets 2024: $2,237,8402024

Highlighted filing

2024

Assets$3,435,133
Liabilities$1,197,293
Net Assets$2,237,840

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $72,414Expenses 2017: $56,867Net Income 2017: $15,5472017Revenue 2018: $397,226Expenses 2018: $192,163Net Income 2018: $205,0632018Revenue 2019: $830,107Expenses 2019: $495,549Net Income 2019: $334,5582019Revenue 2020: $3,139,962Expenses 2020: $1,153,503Net Income 2020: $1,986,4592020Revenue 2021: $1,281,694Expenses 2021: $1,219,356Net Income 2021: $62,3382021Revenue 2022: $2,661,318Expenses 2022: $2,330,730Net Income 2022: $330,5882022Revenue 2023: $1,434,657Expenses 2023: $1,943,651Net Income 2023: -$508,9942023Revenue 2024: $1,293,100Expenses 2024: $1,481,078Net Income 2024: -$187,9782024

Highlighted filing

2024

Revenue$1,293,100
Expenses$1,481,078
Net Income-$187,978

Filings