MONTICELLO HOMES FOR THE ELDERLY INC (EIN 204420636) - 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

KAY HALE

Phone

4235861494

Tax Period

2024-04-01 to 2025-03-31

MONTICELLO HOMES FOR THE ELDERLY INC, founded in 2006, is a micro nonprofit in the Housing & Shelter sector that reported $79K in total revenue in fiscal year 2024. Expenses of $134K exceeded revenue, resulting in a 69% operating deficit.

Mission

LOW-INCOME HOUSING FOR ELDERLY OR HANDICAPPED PERSONS

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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 $15,194

Program Service Revenue $63,288

Investment Income $693

Other Revenue $0

TOTAL REVENUE $79,175

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $133,936

Other Expenses $133,936

TOTAL EXPENSES $133,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$79,175	$75,279	+0.1%
Expenses	$133,936	$130,530	+0.0%
Net Income	$-54,761	$-55,251	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

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
KAY HALE	PRESIDENT	0.10	Officer Director	$0	$0	$0
JOE BENTHAL	DIRECTOR	0.10	Director	$0	$0	$0
LANE WOLFENBARGER	DIRECTOR	0.10	Director	$0	$0	$0
JACK YATES	VICE-PRESIDENT	0.10	Officer Director	$0	$0	$0
BILL MITRIK	SECRETARY	0.10	Officer Director	$0	$0	$0
MICHAEL COLLINS	DIRECTOR	0.10	Director	$0	$0	$0
MEGAN BARNARD	DIRECTOR	0.10	Director	$0	$0	$0
WILL SLIGER	DIRECTOR	0.10	Director	$0	$0	$0
RENE TABOR	DIRECTOR	0.10	Director	$0	$0	$0
MISTY CAMERON	DIRECTOR	0.10	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	$79,175	$133,936	$1,044,199	$-54,761
2024	$75,279	$130,530	$1,092,729	$-55,251
2023	$77,184	$112,639	$1,181,479	$-35,455
2022	$77,587	$106,517	$1,177,602	$-28,930
2021	$76,683	$103,607	$1,211,566	$-26,924
2020	$69,322	$97,269	$1,236,574	$-27,947
2019	$73,151	$101,681	$1,264,392	$-28,530

MONTICELLO HOMES FOR THE ELDERLY INC