Bourne Management Systems Inc (EIN 043337127) - 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

1988

Legal Domicile

Principal Officer

William C Jones Jr

Phone

4134472996

Tax Period

2023-01-01 to 2023-12-31

Bourne Management Systems Inc, founded in 1988, is a mid-sized nonprofit in the Health Care sector that reported $14.4M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

Skilled nursing facility

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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 $14,064,456

Investment Income $999

Other Revenue $377,535

TOTAL REVENUE $14,442,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,299,759

Fundraising Expenses $0

Program Expenses $13,808,077

Other Expenses $10,434,674

TOTAL EXPENSES $15,734,433

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,442,990	$13,318,007	+0.1%
Expenses	$15,734,433	$14,956,537	+0.1%
Net Income	$-1,291,443	$-1,638,530	-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

127

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

$802,812

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William C Jones Jr	President & CEO	3.17	Officer	$0	$80,787	$802,812
Mai T Court	Cook	69.00		$101,363	$27,538	$128,901
Laura Wooding	Clin Reimb Coord	42.00		$105,568	$12,246	$117,814
Marcie Gingras	Clerk	0.00	Officer	$0	$0	$0

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	$14,442,990	$15,734,433	$17,903,724	$-1,291,443
2022	$13,318,007	$14,956,537	$16,754,016	$-1,638,530
2021	$15,985,868	$15,875,443	$3,747,029	$110,425
2020	$14,648,307	$15,568,908	$4,113,873	$-920,601
2019	$13,746,231	$14,501,340	$4,591,137	$-755,109
2018	$14,140,755	$14,350,144	$4,596,911	$-209,389

Bourne Management Systems Inc