MARLBOROUGH ASSOCIATION FOR SENIOR HOUSING INC (EIN 061039607) - 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

1982

Legal Domicile

Principal Officer

KENNETH HJULSTROM

Phone

8602951131

Tax Period

2022-07-01 to 2023-06-30

MARLBOROUGH ASSOCIATION FOR SENIOR HOUSING INC, founded in 1982, is a small nonprofit that reported $204K in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year. Expenses of $258K exceeded revenue, resulting in a 27% operating deficit.

Mission

ELDERLY HOUSING FOR 24 APARTMENTS IN A SAFE, HEALTHY ENVIRONMENT

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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 (2022)

Revenue Breakdown

Contributions & Grants $55,948

Program Service Revenue $145,452

Investment Income $31

Other Revenue $2,246

TOTAL REVENUE $203,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,214

Fundraising Expenses $0

Program Expenses $241,512

Other Expenses $196,829

TOTAL EXPENSES $258,043

Year-over-Year Comparison

	2022	2021	Change
Revenue	$203,677	$229,431	-0.1%
Expenses	$258,043	$254,853	+0.0%
Net Income	$-54,366	$-25,422	+1.1%

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

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
KENNETH HJULSTROM	PRESIDENT	1.00	Officer Director	$0	$0	$0
LOUISE CONCODELLO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JUDY KELLY	TREASURER	1.00	Officer Director	$0	$0	$0
DEE HJULSTROM	SECRETARY	1.00	Officer Director	$0	$0	$0
RITA MCGARY	DIRECTOR	1.00	Director	$0	$0	$0
DAVE PRATT	DIRECTOR	1.00	Director	$0	$0	$0
DAWN TAVOLIER	DIRECTOR	1.00	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
2023	$203,677	$258,043	$886,660	$-54,366
2023	$233,974	$262,966	$922,241	$-28,992
2022	$229,431	$254,853	$926,842	$-25,422
2021	$203,102	$288,736	$963,319	$-85,634

MARLBOROUGH ASSOCIATION FOR SENIOR HOUSING INC