SKAALEN VILLAGE INC (EIN 020663908) - 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

2003

Legal Domicile

Principal Officer

KRIS KRENTZ

Phone

6088735651

Tax Period

2023-01-01 to 2023-12-31

SKAALEN VILLAGE INC, founded in 2003, is a small nonprofit that reported $550K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $870K exceeded revenue, resulting in a 58% operating deficit.

Mission

TO PROVIDE AFFORDABLE RETIREMENT HOUSING FOR SENIORS AGE 62 AND OLDER.

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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 $0

Program Service Revenue $516,687

Investment Income $33,408

Other Revenue $0

TOTAL REVENUE $550,095

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $806,294

Other Expenses $869,888

TOTAL EXPENSES $869,888

Year-over-Year Comparison

	2023	2022	Change
Revenue	$550,095	$483,235	+0.1%
Expenses	$869,888	$868,793	+0.0%
Net Income	$-319,793	$-385,558	-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

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

$249,005

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL HASZ	CHAIR	1.00	Director	$0	$0	$0
REBECCA KLONGLAND	SEC/TREAS	1.00	Director	$0	$0	$0
MARSHA BORLING	VICE CHAIR	1.00	Director	$0	$0	$0
KRIS KRENTZ	PRESIDENT/CE	N/A	Officer	$0	$52,255	$249,005

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	$550,095	$869,888	$6,885,775	$-319,793
2022	$483,235	$868,793	$7,550,349	$-385,558
2021	$516,214	$786,753	$6,973,241	$-270,539
2020	$442,615	$766,630	$7,294,264	$-324,015
2019	$433,092	$745,563	$7,275,428	$-312,471
2018	$427,444	$768,537	$7,673,285	$-341,093

SKAALEN VILLAGE INC