CARLETON-WILLARD HOMES INC (EIN 042105844) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

CHRISTOPHER J GOLEN

Phone

7812758700

Tax Period

2023-01-01 to 2023-12-31

CARLETON-WILLARD HOMES INC, founded in 1980, is a mid-sized nonprofit in the Human Services sector that reported $41.2M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

CARLETON-WILLARD VILLAGE IS A CONTINUING CARE RETIREMENT COMMUNITY OFFERING A COMPLETE RANGE OF SERVICES FROM RESIDENTIAL LIVING APARTMENTS AND CLUSTER HOMES TO SUPPORTIVE CARE, SKILLED NURSING AND REHABILITATION SERVICES IN A COMMUNITY OF OVER 300 RESIDENTS.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $444,655

Program Service Revenue $40,036,058

Investment Income $709,380

Other Revenue $7,396

TOTAL REVENUE $41,197,489

Expense Breakdown

Grants Paid $288,771

Salaries & Benefits $22,062,490

Fundraising Expenses $54,002

Program Expenses $36,841,275

Other Expenses $19,280,756

TOTAL EXPENSES $41,632,017

Year-over-Year Comparison

	2023	2022	Change
Revenue	$41,197,489	$37,934,919	+0.1%
Expenses	$41,632,017	$40,466,272	+0.0%
Net Income	$-434,528	$-2,531,353	-0.8%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

413

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

$1,078,283

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER ANDERSON	TRUSTEE	0.90	Director	$0	$0	$0
MALCOM CREIGHTON	TRUSTEE	0.90	Director	$0	$0	$0
WILLIAM W GALLAGHER III	TRUSTEE	0.90	Director	$0	$0	$0
PAUL HARRISON JR	TRUSTEE	0.90	Director	$0	$0	$0
REV JOHN C LOMBARD D MIN	TRUSTEE	0.90	Director	$0	$0	$0
RUTH W PIPER	TRUSTEE	0.90	Director	$0	$0	$0
JAMES A SALTONSTALL	TRUSTEE	0.90	Director	$0	$0	$0
ANN MARIE TEUBER LMFT	TRUSTEE	0.90	Director	$0	$0	$0
THEODORE HANSELMAN	TRUSTEE	0.90	Director	$0	$0	$0
MARGARET HOAG	TRUSTEE	0.90	Director	$0	$0	$0
NICHOLAS SCHMALZ	TRUSTEE	0.90	Director	$0	$0	$0
JACKIE SHAW	TRUSTEE	0.90	Director	$0	$0	$0
CATHLEEN SUMMERS	TRUSTEE	0.90	Director	$0	$0	$0
BRENDA WENNING	TRUSTEE	0.90	Director	$0	$0	$0
JOHN GLASER	BOARD CHAIR (AS OF 6/15/23)	3.00	Officer Director	$0	$0	$0
JOHN E CUPPLES	BOARD CHAIR (THRU 6/15/23)	3.00	Officer Director	$0	$0	$0
TOM WOODHOUSE	VICE-CHAIRMAN	1.00	Officer Director	$0	$0	$0
JEFFREY R WILLIAMS	TREASURER (AS OF 6/15/23)	1.00	Officer Director	$0	$0	$0
WILLIAM W JACKSON	TREASURER (THRU 4/20/23)	1.00	Officer Director	$0	$0	$0
ADRIENNE SMITH	CLERK	1.00	Officer Director	$0	$0	$0
BARBARA A DOYLE	PRESIDENT & CEO (THRU 5/5/23)	60.00	Officer	$331,574	$14,843	$346,417
CHRISTOPHER GOLEN	PRESIDENT & CEO (AS OF 4/24/23)	60.00	Officer	$295,780	$24,061	$319,841
JANET D SILVERMAN	CFO (THRU 6/29/23)	50.00	Officer	$216,211	$16,352	$232,563
MICHAEL MATTHEWS	CFO (AS OF 5/10/23)	50.00	Officer	$178,500	$962	$179,462
ANNE BRENNAN	ADMINISTRATOR	50.00	Highest	$228,361	$10,096	$238,457
SUSAN CUSSON	CLINIC DIRECTOR	40.00	Highest	$186,416	$19,832	$206,248
LEA POULIN	DIRECTOR OF NURSES	40.00	Highest	$164,601	$39,882	$204,483
BRIAN BUTLER	DIRECTOR OF FACILITIES	50.00	Highest	$201,137	$2,930	$204,067
KATHLEEN CROSBY	DIRECTOR OF SALES	40.00	Highest	$180,821	$20,077	$200,898

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	$41,197,489	$41,632,017	$85,282,808	$-434,528
2022	$37,934,919	$40,466,272	$79,643,744	$-2,531,353
2021	$38,647,048	$37,778,931	$84,483,009	$868,117
2020	$35,765,902	$36,391,059	$78,162,573	$-625,157
2019	$33,269,776	$34,715,768	$74,802,826	$-1,445,992
2018	$32,662,364	$33,857,215	$72,807,721	$-1,194,851

CARLETON-WILLARD HOMES INC