Vernon Continuing Care Homes Inc (EIN 020427450) - 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

1992

Legal Domicile

Principal Officer

Scott Towle

Phone

8022546041

Tax Period

2024-01-01 to 2024-12-31

Vernon Continuing Care Homes Inc, founded in 1992, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.3M left a modest 15% surplus.

Mission

Continuing care for the elderly.

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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 (2024)

Revenue Breakdown

Contributions & Grants $31,193

Program Service Revenue $1,431,894

Investment Income $46,673

Other Revenue $0

TOTAL REVENUE $1,509,760

Expense Breakdown

Grants Paid $75,940

Salaries & Benefits $400,880

Fundraising Expenses $0

Program Expenses $1,087,279

Other Expenses $813,936

TOTAL EXPENSES $1,290,756

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,509,760	$1,519,461	0.0%
Expenses	$1,290,756	$1,253,587	+0.0%
Net Income	$219,004	$265,874	-0.2%

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

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

$154,849

Total Directors

$8,434

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Glenda Dwyer	Chair	0.50	Officer Director	$0	$0	$0
Rev Bruce Burks	Vice Chair	0.50	Officer Director	$0	$0	$0
Scott Towle	Treasurer	40.00	Officer Director	$8,434	$0	$8,434
John Jones	Secretary	0.50	Officer Director	$0	$0	$0
Alfred Goodwin	Member	0.50	Director	$0	$0	$0
Rev William Monroe	Member	0.50	Director	$0	$0	$0
Judy Jewett	Member	0.50	Director	$0	$0	$0
Deborah Reed	Member	0.50	Director	$0	$0	$0
Jean Squire	Member	0.50	Director	$0	$0	$0
Darrell Young	Member	0.50	Director	$0	$0	$0
Lawrence Knowles	Executive Director	40.00	Officer	$146,415	$0	$146,415

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	$1,509,760	$1,290,756	$6,985,551	$219,004
2023	$1,519,461	$1,253,587	$5,994,071	$265,874
2022	$1,433,290	$2,249,353	$5,650,724	$-816,063
2021	$1,453,495	$1,194,028	$7,055,674	$259,467
2020	$1,469,760	$1,171,631	$6,653,535	$298,129
2019	$1,392,713	$1,263,603	$6,229,202	$129,110
2018	$1,391,789	$1,167,360	$5,822,557	$224,429

Vernon Continuing Care Homes Inc