Vernon Advent Christian Home Inc

EIN: 030190658 501(c)(3)

Vernon, VT

Total Revenue
$10,987,877
Total Expenses
$11,820,624
Total Assets
$8,756,226
Net Assets
$2,341,950
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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
1919
Legal Domicile
VT
Principal Officer
Bradford Ellis
Phone
8022546041
Tax Period
2024-01-01 to 2024-12-31

Vernon Advent Christian Home Inc, founded in 1919, is a mid-sized nonprofit that reported $11.0M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

Operation of a retirement community.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $185,309
Program Service Revenue $10,812,995
Investment Income $-10,427
Other Revenue $0
TOTAL REVENUE $10,987,877

Expense Breakdown

Grants Paid $36,006
Salaries & Benefits $5,594,361
Fundraising Expenses $0
Program Expenses $9,551,556
Other Expenses $6,190,257
TOTAL EXPENSES $11,820,624

Year-over-Year Comparison

2024 2023 Change
Revenue $10,987,877 $8,702,259 +0.3%
Expenses $11,820,624 $10,936,387 +0.1%
Net Income $-832,747 $-2,234,128 -0.6%
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

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Governance

Voting Members
10
Independent Members
10
Employees
124
Volunteers
11

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
7
$411,626
Total Directors
11
$8,434
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Glenda Dwyer Chair 2.00
Officer Director
$0 $0 $0
Rev Bruce Burks Vice Chair 2.00
Officer Director
$0 $0 $0
Scott Towle President/COO/Past Treasurer 1.00
Officer Director
$0 $0 $8,434
Judy Jewett Clerk 2.00
Officer Director
$0 $0 $0
Kathie Davis Board Member 2.00
Director
$0 $0 $0
Alfred Goodwin Board Member 2.00
Director
$0 $0 $0
John Jones Board Member 2.00
Director
$0 $0 $0
Rev William Monroe Member Emeritus 2.00
Director
$0 $0 $0
Deborah Reed Board Member 2.00
Director
$0 $0 $0
Jean Squire Board Member 2.00
Director
$0 $0 $0
Darrell Young Board Member 2.00
Director
$0 $0 $0
Bradford Ellis CEO/Executive Director 50.00
Officer
$149,099 $8,851 $157,950
Corby Mousseau CFO/Director of Finance 40.00
Officer
$89,976 $8,851 $98,827
Lawrence Knowles Past President/COO 1.00
Officer
$0 $0 $146,415
Lisa Kemp DON 40.00
Highest
$130,542 $6,468 $137,010
Jason Veaudry MDS Coordinator 40.00
Highest
$110,617 $0 $110,617
Chrystal Lester Nurse 40.00
Highest
$109,641 $9,173 $118,814
Debra Barnett Nurse 40.00
Highest
$102,082 $0 $102,082
Deborah Van Ness DON 40.00
Highest
$101,017 $9,173 $110,190
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 $10,987,877 $11,820,624 $8,756,226 $-832,747
2023 $8,702,259 $10,936,387 $8,760,812 $-2,234,128
2022 $11,773,061 $9,632,558 $8,560,062 $2,140,503
2021 $7,747,706 $8,704,028 $5,183,306 $-956,322
2020 $8,637,278 $8,449,224 $5,338,196 $188,054
2019 $7,993,331 $8,347,192 $4,980,255 $-353,861
2018 $7,795,282 $7,862,563 $5,182,601 $-67,281
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