VILLAGE EAST RETIREMENT COMMUNITY INC (EIN 204339421) - 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

2006

Legal Domicile

Principal Officer

MARK DAVIS

Phone

3259440819

Tax Period

2024-07-01 to 2025-06-30

VILLAGE EAST RETIREMENT COMMUNITY INC, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $983K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.6M exceeded revenue, resulting in a 66% operating deficit.

Mission

PROVIDE RETIREMENT TOWNHOMES FOR LEASE TO ELDERLY TENANTS ON A LIFETIME BASIS.

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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 $2,500

Program Service Revenue $854,560

Investment Income $126,100

Other Revenue $0

TOTAL REVENUE $983,160

Expense Breakdown

Grants Paid $0

Salaries & Benefits $228,602

Fundraising Expenses $0

Program Expenses $1,328,837

Other Expenses $1,403,790

TOTAL EXPENSES $1,632,392

Year-over-Year Comparison

	2024	2023	Change
Revenue	$983,160	$825,127	+0.2%
Expenses	$1,632,392	$1,472,520	+0.1%
Net Income	$-649,232	$-647,393	+0.0%

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

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

$99,817

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL BAKER	DIRECTOR	0.20	Director	$0	$0	$0
DAVID GAY	SEC/TREASURER	0.20	Officer Director	$0	$0	$0
RON BLANN	DIRECTOR	0.20	Director	$0	$0	$0
ALLEN PRICE	PRESIDENT	0.20	Officer Director	$0	$0	$0
TREY SMITH	VICE-PRESIDENT	0.20	Officer Director	$0	$0	$0
DAVID TIMM	DIRECTOR	0.20	Director	$0	$0	$0
JOHN FORTENBERY	DIRECTOR	0.20	Director	$0	$0	$0
DON HORNER	DIRECTOR	0.20	Director	$0	$0	$0
ED HUSTON	DIRECTOR	0.20	Director	$0	$0	$0
MARK DAVIS	EXECUTIVE DIRECTOR	38.00	Officer	$86,116	$13,701	$99,817

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	$983,160	$1,632,392	$8,543,122	$-649,232
2024	$825,127	$1,472,520	$8,888,973	$-647,393
2023	$833,015	$1,411,034	$9,371,736	$-578,019
2022	$862,880	$1,262,323	$9,766,018	$-399,443
2021	$848,285	$1,078,695	$10,224,253	$-230,410
2020	$599,249	$1,008,087	$10,222,792	$-408,838
2019	$641,293	$985,368	$10,577,304	$-344,075
2018	$702,380	$1,046,649	$10,847,590	$-344,269

VILLAGE EAST RETIREMENT COMMUNITY INC