TOCKWOTTON HOME (EIN 050258881) - 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

1856

Legal Domicile

Principal Officer

CHRISTOPHER MCGEE

Phone

4012725280

Tax Period

2024-01-01 to 2024-12-31

TOCKWOTTON HOME, founded in 1856, is a mid-sized nonprofit in the Human Services sector that reported $18.7M in total revenue in fiscal year 2024. Expenses of $17.5M left a modest 6% surplus.

Mission

AT TOCKWOTTON ON THE WATERFRONT, WE ARE DEDICATED TO PROVIDING COMPASSIONATE, PERSONALIZED CARE IN A WARM AND SUPPORTIVE ENVIRONMENT. WE STRIVE TO ENRICH THE LIVES OF OUR RESIDENTS BY FOSTERING INDEPENDENCE, DIGNITY, AND A SENSE OF COMMUNITY. THROUGH A COMMITMENT TO EXCELLENCE AND A FOCUS ON INDIVIDUAL WELL-BEING, WE AIM TO OFFER A PEACEFUL AND EMPOWERING PLACE WHERE OUR RESIDENTS CAN LIVE WITH PURPOSE, COMFORT, AND RESPECT.

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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 $315,656

Program Service Revenue $17,631,604

Investment Income $741,489

Other Revenue $-9,416

TOTAL REVENUE $18,679,333

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,774,961

Fundraising Expenses $0

Program Expenses $15,197,508

Other Expenses $9,716,977

TOTAL EXPENSES $17,491,938

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,679,333	$17,340,271	+0.1%
Expenses	$17,491,938	$17,350,388	+0.0%
Net Income	$1,187,395	$-10,117	-118.4%

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

236

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

$503,687

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN MCKAY	EXEC. DIR./PRESIDENT	40.00	Officer	$307,743	$40,706	$348,449
ZENITA FERNANDES	CNA	40.00	Highest	$187,009	$7,480	$194,489
JOYCE NALLEN	DIRECTOR OF FINANCE	40.00	Officer	$135,741	$19,497	$155,238
MICHAELA MCKAY	ADMINISTRATOR	40.00	Highest	$120,815	$20,300	$141,115
AMELINDA DUBOIS	RN	40.00	Highest	$123,349	$13,688	$137,037
KIMBERLY CHOUINARD	RN	40.00	Highest	$119,428	$14,772	$134,200
OLIVER BESTMAN	RN	40.00	Highest	$114,930	$880	$115,810
MARIANNE RAIMONDO	DIRECTOR/CHAIR	2.00	Officer Director	$0	$0	$0
RAFAEL YEPEZ	DIRECTOR/TREASURER	2.00	Officer Director	$0	$0	$0
KAREN MARSHALL	DIRECTOR/SECRETARY	2.00	Officer Director	$0	$0	$0
KRISTEN BRETON	DIRECTOR	2.00	Director	$0	$0	$0
CLIFFORD FIELDS MD	DIRECTOR - UNTIL 9/24	2.00	Director	$0	$0	$0
DAVID KROESSLER MD	DIRECTOR - UNTIL 5/24	2.00	Director	$0	$0	$0
ELINORE MCCANCE-KATZ MD	DIRECTOR - UNTIL 6/24	2.00	Director	$0	$0	$0
BRENDAN RYAN	DIRECTOR - BEG 7/9/24	2.00	Director	$0	$0	$0
MICHAEL TAUBER	DIRECTOR	2.00	Director	$0	$0	$0
DR SUSAN WEISS	DIRECTOR	2.00	Director	$0	$0	$0
IRENE ZIEGLER	DIRECTOR - UNTIL 3/24	2.00	Director	$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	$18,679,333	$17,491,938	$56,819,031	$1,187,395
2023	$17,340,271	$17,350,388	$55,200,015	$-10,117
2022	$17,461,054	$17,483,263	$54,114,890	$-22,209
2021	$16,474,278	$17,130,696	$58,805,077	$-656,418
2020	$18,368,729	$20,961,433	$97,018,424	$-2,592,704
2019	$17,235,311	$18,987,572	$99,351,259	$-1,752,261
2018	$16,868,969	$18,279,716	$100,705,854	$-1,410,747

TOCKWOTTON HOME