STONERIDGE RETIREMENT LIVING (EIN 231379523) - 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

1925

Legal Domicile

Principal Officer

RYAN T CASEY

Phone

7178663200

Tax Period

2023-01-01 to 2023-12-31

STONERIDGE RETIREMENT LIVING, founded in 1925, is a mid-sized nonprofit in the Human Services sector that reported $20.2M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $22.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

OPERATE CONTINUING CARE RETIREMENT COMMUNITIES WHICH PROVIDE SKILLED NURSING, PERSONAL CARE AND INDEPENDENT LIVING SERVICES TO THE ELDERLY.

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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 $78,171

Program Service Revenue $17,284,711

Investment Income $1,077,679

Other Revenue $1,775,152

TOTAL REVENUE $20,215,713

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,103,557

Fundraising Expenses $0

Program Expenses $18,177,288

Other Expenses $14,254,695

TOTAL EXPENSES $22,358,252

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,215,713	$21,446,476	-0.1%
Expenses	$22,358,252	$23,400,530	0.0%
Net Income	$-2,142,539	$-1,954,054	+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

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

$504,576

Total Directors

$504,576

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	PRESIDENT CEO	001.00	Officer Director	$0	$13,200	$504,576
N/A	BOARD VICE PRESIDENT	001.00	Director	$0	$0	$0
N/A	BOARD PRESIDENT	001.00	Director	$0	$0	$0
N/A	TRUSTEE	001.00	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
2024	No data	No data	No data	No data
2023	$20,215,713	$22,358,252	$65,983,496	$-2,142,539
2022	$21,446,476	$23,400,530	$66,714,449	$-1,954,054
2021	$26,109,776	$25,726,445	$76,002,293	$383,331
2020	$28,458,330	$27,899,511	$77,269,252	$558,819
2019	$29,210,720	$28,069,398	$74,305,669	$1,141,322
2018	$28,581,205	$26,595,209	$71,443,586	$1,985,996

STONERIDGE RETIREMENT LIVING