ARBOR RIDGE AT BROOKMEADE INC

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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

2007

Legal Domicile

Principal Officer

KAREN STRITT

Phone

8458762071

Tax Period

2024-01-01 to 2024-12-31

ARBOR RIDGE AT BROOKMEADE INC, founded in 2007, is a community nonprofit in the Housing & Shelter sector that reported $4.2M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $3.7M left a modest 10% surplus.

Mission

A COMMUNITY DESIGNED FOR SENIORS AGE 58 AND ABOVE, IS COMMITTED TO PROVIDING ALL RESIDENTS WITH A LIFESTYLE THAT IS FOCUSED ON QUALITY, CENTERED IN WELLNESS, AND FACILITATED BY COMPETENT AND CARING STAFF.

Program Service Accomplishments

Program 1

Expenses: $3,103,212 Revenue: $4,168,665

THE FUNCTION OF ARBOR RIDGE AT BROOKMEADE, INC., IS TO PROVIDE RESIDENTS WITH A LIFESTYLE THAT IS FOCUSED ON QUALITY, CENTERED IN WELLNESS, AND FACILIATED BY COMPETENT STAFF. IN ADDITION TO THE...

THE FUNCTION OF ARBOR RIDGE AT BROOKMEADE, INC., IS TO PROVIDE RESIDENTS WITH A LIFESTYLE THAT IS FOCUSED ON QUALITY, CENTERED IN WELLNESS, AND FACILIATED BY COMPETENT STAFF. IN ADDITION TO THE INDEPENDENT LIVING APARTMENTS, RESIDENTS HAVE ACCESS TO A WELLNESS AND FITNESS CENTER, WALKING TRAILS, INDOOR SWIMMING POOL, CRAFT AND HOBBY WORKSHOP, A LIBRARY, CARD ROOM, AN ON-PREMISES HAIR SALON AND OTHER RETAIL SERVICES. MEALS ARE PROVIDED DAILY IN THE CASUAL WARMTH OF THE DINING ROOM.

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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 $0

Program Service Revenue $3,990,676

Investment Income $0

Other Revenue $177,989

TOTAL REVENUE $4,168,665

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,333,171

Fundraising Expenses $0

Program Expenses $3,103,212

Other Expenses $2,405,776

TOTAL EXPENSES $3,738,947

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,168,665	$3,721,919	+0.1%
Expenses	$3,738,947	$3,436,507	+0.1%
Net Income	$429,718	$285,412	+0.5%

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

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

$1,110,193

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH PEIXOTO	MEMBER	1.25	Director	$0	$0	$0
ARNOLD JOHNSEN	MEMBER	1.25	Director	$0	$0	$0
BRUCE WASHBURN	MEMBER	1.25	Director	$0	$0	$0
MICHAEL GREEN	TREASURER	1.25	Officer Director	$0	$0	$0
PASTOR DANIEL DRAKE	SECRETARY	1.25	Officer Director	$0	$0	$0
ROLAND TRAUDT	PRESIDENT	1.25	Officer Director	$0	$0	$0
KAREN STRITT	CEO	1.00	Officer	$0	$34,469	$953,604
ANTOINE CHISHOLM	CFO	1.00	Officer	$0	$32,534	$156,589

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	$4,168,665	$3,738,947	$23,655,871	$429,718
2023	$3,721,919	$3,436,507	$23,837,178	$285,412
2022	$3,570,345	$3,329,827	$25,058,294	$240,518
2021	$3,667,760	$3,174,343	$5,668,940	$493,417
2020	$3,297,812	$3,101,349	$5,256,482	$196,463
2019	$3,314,861	$3,032,323	$6,037,656	$282,538
2018	$3,238,188	$2,993,691	$6,086,326	$244,497