Jerome Home (EIN 060646690) - 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

Phone

8602293707

Tax Period

2023-10-01 to 2024-09-30

Jerome Home, founded in 1932, is a mid-sized nonprofit that reported $25.8M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $23.9M left a modest 7% surplus.

Mission

PROVIDE RESIDENTIAL AND ASSISTED LIVING SERVICES FOR THE ELDERLY.

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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 $28,980

Program Service Revenue $24,314,343

Investment Income $1,491,586

Other Revenue $1,453

TOTAL REVENUE $25,836,362

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,573,238

Fundraising Expenses $0

Program Expenses $20,453,758

Other Expenses $7,336,599

TOTAL EXPENSES $23,909,837

Year-over-Year Comparison

	2023	2022	Change
Revenue	$25,836,362	$22,313,783	+0.2%
Expenses	$23,909,837	$22,541,396	+0.1%
Net Income	$1,926,525	$-227,613	-9.5%

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

395

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

$279,137

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL DAIGLE	Chair	1.0	Director	$0	$0	$0
HARRY MAZADOORIAN	Trustee	1.0	Director	$0	$0	$0
JUSTINE MORIARTY	Trustee	1.0	Director	$0	$0	$0
MARIE S GUSTIN	Trustee	1.0	Director	$0	$0	$0
Alyssa Pagan	Executive Director (Begin March 2023)	40.0	Officer	$101,325	$25,765	$127,090
Paula Depinto	Director of Finance, Hartford Healthcare Senior Services	4.0	Officer	$0	$0	$0
Tina Richardson	Jerome Home Administrator	40.0	Officer	$127,420	$24,627	$152,047
Gail Rogers	APRN	40.0	Highest	$111,212	$3,336	$114,548
Katherine Tederous	RN MDS	40.0	Highest	$112,460	$13,791	$126,251
Lyudmila Voytovich	CNA	40.0	Highest	$121,375	$27,506	$148,881
Maria Svitkova	LPN MDS	40.0	Highest	$121,098	$3,633	$124,731
Zofia Romanowska	RN	40.0	Highest	$112,057	$27,239	$139,296

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	$25,836,362	$23,909,837	$60,549,800	$1,926,525
2023	$22,313,783	$22,541,396	$53,864,209	$-227,613
2022	$22,074,093	$20,770,018	$51,292,692	$1,304,075
2021	$20,665,795	$19,330,070	$48,789,319	$1,335,725
2020	$19,610,217	$19,162,535	$44,946,553	$447,682
2019	$20,447,675	$19,233,991	$43,311,365	$1,213,684
2018	$19,470,849	$17,724,505	$43,643,158	$1,746,344

Jerome Home