The Gingerich Home for the Elderly Inc (EIN 205867983) - 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

2007

Legal Domicile

Principal Officer

Harley Kauffman

Phone

5056323521

Tax Period

2023-01-01 to 2023-12-31

The Gingerich Home for the Elderly Inc, founded in 2007, is a small nonprofit that reported $101K in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $133K exceeded revenue, resulting in a 32% operating deficit.

Mission

Providing care and a residence for elderly folks. Any profits are to be distributed to Lamp and Light Publishers, Inc or to other charitable organizations.

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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 $2,100

Program Service Revenue $89,155

Investment Income $0

Other Revenue $9,634

TOTAL REVENUE $100,889

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,684

Fundraising Expenses $0

Program Expenses $132,961

Other Expenses $46,277

TOTAL EXPENSES $132,961

Year-over-Year Comparison

	2023	2022	Change
Revenue	$100,889	$438,382	-0.8%
Expenses	$132,961	$475,702	-0.7%
Net Income	$-32,072	$-37,320	-0.1%

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

N/A

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

$19,175

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Harley Kauffman	Chairman	20.00	Officer	$4,865	$0	$4,865
Aden Gingerich	Vice Chairman	20.00	Officer	$3,600	$0	$3,600
Gerald Riehl	Treasurer	14.00	Officer	$3,500	$0	$3,500
Paul Kaufman	Secretary	8.00	Officer	$5,025	$0	$5,025
Daryl Schlabach	Member	3.00	Officer	$2,185	$0	$2,185

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
2023	$100,889	$132,961	No data	$-32,072
2022	$438,382	$475,702	$306,291	$-37,320
2021	$412,551	$434,013	$326,656	$-21,462
2020	$456,690	$467,555	$343,108	$-10,865
2019	$465,224	$472,424	$354,548	$-7,200
2018	$446,650	$455,717	$362,431	$-9,067

The Gingerich Home for the Elderly Inc