Calais Methodist Home Inc (EIN 010317698) - 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

1972

Legal Domicile

Principal Officer

Ken Thomas

Phone

2074547196

Tax Period

2023-01-01 to 2023-12-31

Calais Methodist Home Inc, founded in 1972, is a small nonprofit in the Housing & Shelter sector that reported $968K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

Calais Methodist Homes Inc is an independent living community for retiring seniors.

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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 $381,841

Program Service Revenue $561,456

Investment Income $24,708

Other Revenue $0

TOTAL REVENUE $968,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $115,799

Fundraising Expenses $0

Program Expenses $836,770

Other Expenses $983,400

TOTAL EXPENSES $1,099,199

Year-over-Year Comparison

	2023	2022	Change
Revenue	$968,005	$764,891	+0.3%
Expenses	$1,099,199	$1,053,028	+0.0%
Net Income	$-131,194	$-288,137	-0.5%

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

$150,395

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Daggett	Adminstrator	020.00	Officer	$0	$0	$119,523
Brenda Donaghy	Former Manager	020.00	Officer	$0	$0	$29,332
Lisa Thornton	Manager	020.00	Officer	$0	$0	$1,540
Ken Thomas	Chairman, Treasurer	002.00	Officer Director	$0	$0	$0
David Beckett	Vice Chair	002.00	Officer Director	$0	$0	$0
Heather Ross	Secretary	002.00	Officer Director	$0	$0	$0
Dayton Dineen	Member	002.00	Director	$0	$0	$0
Darren Constant	Member	002.00	Director	$0	$0	$0
Helen Taylor	Member	002.00	Director	$0	$0	$0
Brian Mays	Member	002.00	Director	$0	$0	$0
Erica Marshall	Member	002.00	Director	$0	$0	$0
Wayne Sammer	Member	002.00	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
2024	No data	No data	No data	No data
2023	$968,005	$1,099,199	$4,774,380	$-131,194
2022	$764,891	$1,053,028	$4,854,536	$-288,137
2021	$780,056	$983,018	$5,095,604	$-202,962
2021	$780,056	$983,018	$5,095,604	$-202,962
2020	$784,249	$942,368	$5,237,345	$-158,119
2019	$784,550	$960,769	$5,387,055	$-176,219
2018	$764,020	$817,109	$5,541,255	$-53,089

Calais Methodist Home Inc