MANSFIELD RETIREMENT COMMUNITY INC (EIN 060984952) - 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

1976

Legal Domicile

Principal Officer

RICHARD DIBALA

Phone

8604299933

Tax Period

2023-07-01 to 2024-06-30

MANSFIELD RETIREMENT COMMUNITY INC, founded in 1976, is a community nonprofit in the Housing & Shelter sector that reported $2.2M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $2.5M exceeded revenue, resulting in a 11% operating deficit.

Mission

LOW INCOME ELDERLY HOUSING - 100 UNITS

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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 $1,415,810

Program Service Revenue $783,437

Investment Income $46,031

Other Revenue $0

TOTAL REVENUE $2,245,278

Expense Breakdown

Grants Paid $0

Salaries & Benefits $433,745

Fundraising Expenses $0

Program Expenses $2,203,284

Other Expenses $2,050,728

TOTAL EXPENSES $2,484,473

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,245,278	$2,398,477	-0.1%
Expenses	$2,484,473	$2,552,199	0.0%
Net Income	$-239,195	$-153,722	+0.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNTHIA MYERS	PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMES FIDANZA	VICE PRESIDENT/DIRECTOR	2.00	Officer Director	$0	$0	$0
RICHARD DIBALA	TREASURER	2.00	Officer Director	$0	$0	$0
JO ANN DOUDA	SECRETARY	2.00	Officer Director	$0	$0	$0
JEFFERY ASHER	DIRECTOR	2.00	Director	$0	$0	$0
MARGARET MCCARTHY	DIRECTOR	2.00	Director	$0	$0	$0
ROBERTA SCHWANE	DIRECTOR	2.00	Director	$0	$0	$0
CARROLL STEARNS	DIRECTOR	2.00	Director	$0	$0	$0
VERA WARD	DIRECTOR	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
2025	No data	No data	No data	No data
2024	$2,245,278	$2,484,473	$5,933,452	$-239,195
2023	$2,398,477	$2,552,199	$6,232,567	$-153,722
2022	$2,247,554	$2,443,737	$6,480,337	$-196,183
2021	$2,116,555	$2,364,207	$6,860,060	$-247,652
2020	$1,934,003	$2,153,719	$6,928,049	$-219,716
2019	$1,997,649	$2,130,854	$7,289,490	$-133,205

MANSFIELD RETIREMENT COMMUNITY INC