MT HOPE NAZARENE RETIREMENT COMMUNITY (EIN 205034032) - 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

MICHELE TORNABE

Phone

7176656365

Tax Period

2024-07-01 to 2025-06-30

MT HOPE NAZARENE RETIREMENT COMMUNITY, founded in 2006, is a community nonprofit in the Housing & Shelter sector that reported $8.1M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 17% operating margin.

Mission

SERVE THE COMMUNITY, OFFER HOPE BY PROVIDING AFFORDABLE, QUALITY CARE IN A CHRISTIAN 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 (2024)

Revenue Breakdown

Contributions & Grants $398,831

Program Service Revenue $6,302,420

Investment Income $1,245,960

Other Revenue $152,860

TOTAL REVENUE $8,100,071

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,407,646

Fundraising Expenses $0

Program Expenses $5,972,252

Other Expenses $3,293,126

TOTAL EXPENSES $6,700,772

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,100,071	$6,394,650	+0.3%
Expenses	$6,700,772	$6,524,628	+0.0%
Net Income	$1,399,299	$-129,978	-11.8%

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

$187,667

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOANNA LUCAS	PRESIDENT	3.00	Officer Director	$0	$0	$0
DEBORAH FILLMORE	SECRETARY	1.30	Officer Director	$0	$0	$0
CHERYL SANTIAGO	TREASURER	1.00	Officer Director	$0	$0	$0
LEON MARTIN	MEMBER	1.00	Director	$0	$0	$0
JEFF STERNER	MEMBER	2.00	Director	$0	$0	$0
STEVE CAFRELLI	MEMBER	3.00	Director	$0	$0	$0
CHAR SNIDER	MEMBER	1.50	Director	$0	$0	$0
RUTH GRIFFIN	MEMBER	1.00	Director	$0	$0	$0
SUSIE LOVELL	MEMBER	1.00	Director	$0	$0	$0
MICHELE TORNABE	ADMINISTRATOR	40.00	Officer	$92,450	$11,127	$103,577
MARINA MAXIM	DIRECTOR OF FINANCE	40.00	Officer	$74,352	$9,738	$84,090

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	$8,100,071	$6,700,772	$4,693,452	$1,399,299
2024	$6,394,650	$6,524,628	$3,345,987	$-129,978
2023	$6,241,664	$6,002,961	$3,550,005	$238,703
2022	$5,789,471	$5,551,053	$3,412,508	$238,418
2021	$5,558,701	$5,455,595	$3,248,717	$103,106
2020	$5,688,125	$5,131,098	$3,417,509	$557,027
2019	$5,398,902	$4,966,599	$2,798,467	$432,303
2018	$4,927,997	$4,775,522	$2,396,142	$152,475

MT HOPE NAZARENE RETIREMENT COMMUNITY