DEUTSCHES ALTENHEIM INC (EIN 042104144) - 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

1932

Legal Domicile

Principal Officer

GENEVIEVE MACLELLAN

Phone

6173251230

Tax Period

2024-01-01 to 2024-12-31

DEUTSCHES ALTENHEIM INC, founded in 1932, is a mid-sized nonprofit in the Human Services sector that reported $26.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $25.1M left a modest 5% surplus.

Mission

TO PROVIDE THE HIGHEST QUALITY SENIOR HEALTHCARE SERVICES TO INDIVIDUALS OF EVERY RELIGION, ETHNICITY, AND BACKGROUND, WHILE PRESERVING THE ORGANIZATION'S GERMAN CULTURAL HERITAGE.

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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 $1,240,916

Program Service Revenue $24,521,039

Investment Income $664,369

Other Revenue $709

TOTAL REVENUE $26,427,033

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,076,464

Fundraising Expenses $8,000

Program Expenses $20,583,311

Other Expenses $9,985,929

TOTAL EXPENSES $25,062,393

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,427,033	$23,287,734	+0.1%
Expenses	$25,062,393	$22,874,636	+0.1%
Net Income	$1,364,640	$413,098	+2.3%

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

339

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

$2,567,680

Total Directors

$777,533

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM BERMAN	TRUSTEE, CEO OF LEGACY LIFECARE MANAGEMENT	1.00	Officer Director	$0	$47,773	$777,533
GENEVIEVE MACLELLAN	PRESIDENT	10.00	Officer Director	$0	$0	$0
HANS P BIRLE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ARMIN GRUENEICH	TREASURER	2.00	Officer Director	$0	$0	$0
SANDY VON STACKELBERG	SECRETARY/ CLERK	2.00	Officer Director	$0	$0	$0
HANS TOEGEL	ASSISTANT SECRETARY/CLERK	1.00	Officer Director	$0	$0	$0
DIRK M HENTSCHEL MD	TRUSTEE	1.00	Director	$0	$0	$0
ROSWITHA STEHLING	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA BRIDGE	TRUSTEE	1.00	Director	$0	$0	$0
CAROL SOELDNER	TRUSTEE	1.00	Director	$0	$0	$0
HEINZ R BRINKHAUS	TRUSTEE	1.00	Director	$0	$0	$0
PHILIPP VON ROSENSTIEL MD	TRUSTEE	1.00	Director	$0	$0	$0
JOHN CARBERRY	TRUSTEE	1.00	Director	$0	$0	$0
LARS HEISE	TRUSTEE	1.00	Director	$0	$0	$0
MARIE SCHWARTZ	TRUSTEE	1.00	Director	$0	$0	$0
HEINRICH W BRINKHAUS	TRUSTEE	1.00	Director	$0	$0	$0
ERIK DILGER	TRUSTEE	1.00	Director	$0	$0	$0
HEIDI BARENTHALER	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH MULLEN	COO OF LEGACY LIFECARE MANAGEMENT	1.00	Officer	$0	$24,305	$321,438
JENIFFER SANTERRE	CFO OF LEGACY LIFECARE MANAGEMENT	1.00	Officer	$0	$36,101	$285,923
BARRY BERMAN	CHIEF PHILANTHROPY OF LEGACY LIFECARE MANAGEMENT	1.00	Officer	$0	$40,376	$925,530
BABACAR DIOP	CEO OF DEUTSCHES ALTENHEIM	40.00	Officer	$226,636	$30,620	$257,256
PETUEL GUERRIER	LPN	40.00	Highest	$229,258	$25,806	$255,064
DORRETH CHAMBERS	RN	40.00	Highest	$165,880	$22,075	$187,955
MARGARET KATAITO	LPN	40.00	Highest	$180,534	$21,142	$201,676
VIRGINIA DURU	RN	40.00	Highest	$164,945	$16,148	$181,093
ANGELA CADASSE	DIRECTOR OF NURSING	40.00	Highest	$150,750	$28,107	$178,857

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	$26,427,033	$25,062,393	$28,525,018	$1,364,640
2023	$23,287,734	$22,874,636	$26,631,976	$413,098
2022	$21,848,338	$21,770,894	$25,352,504	$77,444
2021	$22,747,204	$20,976,755	$27,532,442	$1,770,449
2020	$18,525,765	$20,132,562	$28,735,880	$-1,606,797
2019	$20,313,860	$20,912,174	$27,172,633	$-598,314
2018	$20,954,417	$20,776,373	$28,434,794	$178,044

DEUTSCHES ALTENHEIM INC