KING FARM PRESBYTERIAN RETIREMENT COMMUNITY INC (EIN 202004162) - 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

2004

Legal Domicile

Principal Officer

JAMES SPENCER

Phone

2404999015

Tax Period

2023-01-01 to 2023-12-31

KING FARM PRESBYTERIAN RETIREMENT COMMUNITY INC, founded in 2004, is a mid-sized nonprofit in the Housing & Shelter sector that reported $46.1M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

PROVIDE QUALITY CONTINUING CARE SERVICES TO OLDER ADULTS IN A PRESBYTERIAN-AFFILIATED ORGANIZATION.

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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 $499,385

Program Service Revenue $43,847,958

Investment Income $356,941

Other Revenue $1,424,575

TOTAL REVENUE $46,128,859

Expense Breakdown

Grants Paid $164,447

Salaries & Benefits $15,286,456

Fundraising Expenses $0

Program Expenses $41,856,173

Other Expenses $34,064,003

TOTAL EXPENSES $49,514,906

Year-over-Year Comparison

	2023	2022	Change
Revenue	$46,128,859	$38,652,344	+0.2%
Expenses	$49,514,906	$44,592,607	+0.1%
Net Income	$-3,386,047	$-5,940,263	-0.4%

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

430

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

$1,609,468

Total Directors

Key Employees

$393,674

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY KUHN	CHAIR	1.20	Officer Director	$0	$0	$0
STEVEN WAGNER	VICE CHAIR	1.20	Officer Director	$0	$0	$0
JENNIFER CHANDLER HAUGE	SECRETARY	1.20	Officer Director	$0	$0	$0
DON BOARDMAN	DIRECTOR	0.80	Director	$0	$0	$0
PEGGY CECCHINE	DIRECTOR	0.80	Director	$0	$0	$0
SALLY COX	DIRECTOR	0.80	Director	$0	$0	$0
HOWARD GLECKMAN	DIRECTOR	0.80	Director	$0	$0	$0
GREGG JOHNSON	DIRECTOR	0.80	Director	$0	$0	$0
RUTH KATZ	DIRECTOR	0.80	Director	$0	$0	$0
JOHN KREUTZER	DIRECTOR	0.80	Director	$0	$0	$0
PHILLIP MAGIDSON	DIRECTOR	0.80	Director	$0	$0	$0
JAY NEWTON-SMALL	DIRECTOR	0.80	Director	$0	$0	$0
ROBYN STONE	DIRECTOR (UNTIL 01/23)	0.80	Director	$0	$0	$0
DENIS VON KAEPPLER	DIRECTOR	0.80	Director	$0	$0	$0
ALICE BUHL	DIRECTOR	0.80	Director	$0	$0	$0
JANET KELLEY	DIRECTOR	0.80	Director	$0	$0	$0
BRUCE BARTELS	IMMEDIATE PAST CHAIR	0.80	Officer Director	$0	$0	$0
LYNN O'CONNOR	PRESIDENT/CEO	8.00	Officer	$0	$37,262	$632,695
CHRISTINE PODLES	COO	8.00	Officer	$0	$11,348	$345,209
DUSANKA DELOVSKA-TRAKOVA	CIO	8.00	Officer	$0	$11,653	$295,761
TRACI ALLEY	CHIEF HR OFFICER	8.00	Officer	$0	$14,904	$335,803
JENNIFER SARGENT	VP HUMAN RESOURCES	13.00	Key Emp	$0	$14,870	$176,243
KENYA S BRYANT	EXECUTIVE DIRECTOR	40.00	Key Emp	$210,671	$6,760	$217,431
ABDO KARMOUCH	DIRECTOR OF PROPERTY MANAGEMENT	40.00	Highest	$126,773	$12,686	$139,459
ERICA SHERN	DIRECTOR OF NURSING	40.00	Highest	$141,493	$9,154	$150,647
SOPHIA BRAUNS	DIRECTOR OF SALES	40.00	Highest	$136,464	$17,044	$153,508
MORINATU ADENIYI-OLADAPO	COMM. DIR. OF HEALTH SERVICES	40.00	Highest	$165,530	$5,649	$171,179
KEVILIN PRAH	ADMINISTRATOR	40.00	Highest	$113,733	$7,067	$120,800

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	No data	No data	No data	No data
2023	$46,128,859	$49,514,906	$302,640,436	$-3,386,047
2022	$38,652,344	$44,592,607	$296,448,049	$-5,940,263
2021	$34,783,503	$41,952,309	$301,432,870	$-7,168,806
2020	$33,373,889	$43,811,903	$304,813,336	$-10,438,014
2019	$26,635,758	$32,499,137	$362,192,625	$-5,863,379
2018	$24,554,589	$28,674,784	$349,528,657	$-4,120,195

KING FARM PRESBYTERIAN RETIREMENT COMMUNITY INC