SOMERVILLE, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)THE SOMERVILLE HOME INC, founded in 1898, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2018. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $2.3M exceeded revenue, resulting in a 71% operating deficit.
SINCE 1898, THE SOMERVILLE HOME, A PRIVATE NONPROFIT ORGANIZATION, PROVIDED LONG-TERM RESIDENTIAL CARE TO ELDERLY MEN AND WOMEN FROM SOMERVILLE AND SURROUNDING COMMUNITIES. SOMERVILLE WAS COMMITTED TO OFFERING SENIOR CITIZENS A REASONABLY PRICED OPTION FOR QUALITY RESIDENTIAL SERVICES, AND BELIEVED THAT OUR RESIDENTS SHOULD BE ENCOURAGED TO UTILIZE THEIR BODIES, MINDS AND SPIRITS TO THE MAXIMUM WITHIN THE LIMITS OF THEIR POTENTIAL.IN NOVEMBER, 2018, SOMERVILLE MERGED WITH RIVERSIDE COMMUNITY CARE, INC.
THROUGH NOVEMBER 30, 2018, SOMERVILLE FOCUSED ON THE OPERATION OF A 59-BED REST HOME LOCATED IN SOMERVILLE, MASSACHUSETTS LOCATED AT 117 SUMMER STREET. ON NOVEMBER 30, 2018, THE ORGANIZATION MERGED...
THROUGH NOVEMBER 30, 2018, SOMERVILLE FOCUSED ON THE OPERATION OF A 59-BED REST HOME LOCATED IN SOMERVILLE, MASSACHUSETTS LOCATED AT 117 SUMMER STREET. ON NOVEMBER 30, 2018, THE ORGANIZATION MERGED WITH RIVERSIDE COMMUNITY CARE, INC. RIVERSIDE HAS CLOSED THE FACILITY FOR RENOVATIONS AND PLANS TO REOPEN THEM IN 2020, OFFERING A VARIETY OF SOCIAL SERVICES TO RESIDENTS OF MASSACHUSETTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $1,343,182 | $1,979,784 | -0.3% |
| Expenses | $2,290,943 | $2,363,243 | 0.0% |
| Net Income | $-947,761 | $-383,459 | +1.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRIAN BRADY | CLERK | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| EDWIN J SMITH | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JESSICA BRAYDEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN M CONNOLLY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROD LAURENZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DARCIE DELUCA | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KELLY SFERRAZZA | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$125,044 | $3,869 | $128,913 |
| WILLIAM NORRIS | DIRECTOR OF FINANCE | 40.00 |
Officer
|
$77,989 | $7,650 | $85,639 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $1,343,182 | $2,290,943 | No data | $-947,761 |
Compare THE SOMERVILLE HOME INC with other nonprofits in Massachusetts and across the country.