Lazarus House

Nonprofit profile at a glance

EIN
364187609
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
St Charles, IL, USA
Phone
6305872144
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeless Centers

Official website

Reported finances

Revenue
$2,730,120
Expenses
$2,456,482
Assets
$6,770,383
Liabilities
$118,808

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • ROBERT MCDOWELL (PRESIDENT)
  • SCOTT CORIROSSI (VICE PRESIDENT)
  • JULIE PURCELL (EXECUTIVE DIRECTOR)
  • KRISTI ATHAS LANDORF (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JULIE PURCELL (EXECUTIVE DIRECTOR): $104,295 total reported compensation
  • WENDY GRUBER (ASSOCIATE DIRECTOR): $91,916 total reported compensation
  • TRACY NICHOLSON (FINANCE & ADMIN MANAGER): $53,153 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to offer guests connected to our communities, who are homeless or in need, hope for the future by providing hospitality, food, safe shelter, and education - tools for life. We strive to make certain that all who enter feel the love of jesus.

What it reported doing in 2024

Providing low cost transitional housing for distressed and homeless persons. We are the only transitional housing program (center for transitional living) in the tri-cities and western rural kane county area. We help the homeless return to independent living with the skills and habits needed for long-term success through case management focused on enhancing income, employment and skill development with our in-house training.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 84% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.4%; rating input score 83
  • Program expense ratio: 91.9%; rating input score 92
  • Fundraising efficiency: $18.61 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 2.76; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 82; 82nd percentile among comparable filings
  • Officer compensation ratio: 11.5%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 6.5% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: 5.7% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: 6.7% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 83.4% of revenue deployed · 91.9% of spending went to programs
  • Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $2.3M in reported program spending
  • Leadership: top reported pay $104K · 23 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.