PHS FOUNDERS RIDGE INC (EIN 208335025) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

JONATHAN FLETCHER

Phone

6516316162

Tax Period

2023-10-01 to 2024-09-30

PHS FOUNDERS RIDGE INC, founded in 2007, is a mid-sized nonprofit in the Housing & Shelter sector that reported $11.8M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $10.1M left a modest 15% surplus.

Mission

THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,422

Program Service Revenue $11,385,234

Investment Income $38,752

Other Revenue $370,570

TOTAL REVENUE $11,803,978

Expense Breakdown

Grants Paid $2,612

Salaries & Benefits $3,987,673

Fundraising Expenses $0

Program Expenses $8,609,697

Other Expenses $6,083,631

TOTAL EXPENSES $10,073,916

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,803,978	$10,856,611	+0.1%
Expenses	$10,073,916	$10,049,892	+0.0%
Net Income	$1,730,062	$806,719	+1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

$1,886,028

Total Directors

$1,886,028

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN LINDH	BOARD CHAIR/CEO	1.00	Officer Director	$0	$26,250	$1,089,847
MARK MEYER	SEC/TREAS/CFO	1.00	Officer Director	$0	$21,646	$500,746
JONATHAN FLETCHER	VP DEVELOPMENT	1.00		$0	$28,580	$408,664
MARK PEDERSON	SVP OPERATIONS	1.00	Officer Director	$0	$21,854	$295,435
JENNIFER J BRODAHL	CAMPUS ADMIN	40.00		$113,034	$11,531	$124,565

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	$11,803,978	$10,073,916	$48,466,559	$1,730,062
2023	$10,856,611	$10,049,892	$48,198,301	$806,719
2022	$9,717,356	$9,651,153	$48,968,493	$66,203
2021	$8,182,417	$8,510,051	$50,899,023	$-327,634
2020	$5,916,540	$5,823,813	$46,495,094	$92,727
2019	$5,968,377	$5,780,642	$21,237,916	$187,735
2018	$5,807,575	$5,576,611	$19,255,069	$230,964

PHS FOUNDERS RIDGE INC