Laurel Realty Inc (EIN 231403678) - 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

1982

Legal Domicile

Principal Officer

DANIEL GLUNK

Phone

4126472345

Tax Period

2024-07-01 to 2025-06-30

Laurel Realty Inc, founded in 1982, is a small nonprofit that reported $939K in total revenue in fiscal year 2024. Revenue surged 111% from the prior year, signaling strong growth momentum. The organization ran a surplus of $501K, a strong 53% operating margin.

Mission

Rented residential housing and medical office real estate to individuals and organizations that provided supported health care services in Tioga County.

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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 $0

Program Service Revenue $426,410

Investment Income $512,494

Other Revenue $0

TOTAL REVENUE $938,904

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,387

Fundraising Expenses $0

Program Expenses $437,409

Other Expenses $413,022

TOTAL EXPENSES $437,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$938,904	$444,561	+1.1%
Expenses	$437,409	$424,852	+0.0%
Net Income	$501,495	$19,709	+24.4%

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

$1,632,303

Total Directors

$2,651,303

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Patti Jackson-Gehris	Director	1.0	Officer Director	$0	$105,304	$804,927
Darius Abadi DO	Director	1.0	Director	$0	$60,152	$515,686
Jill Burns MD	Director	1.0	Director	$0	$63,137	$503,314
Daniel Glunk	President/Director/Assist. Sec	1.0	Officer Director	$0	$32,211	$471,537
Roger Yost	ASSISTANT TREASURER/CFO	1.0	Officer Director	$0	$31,022	$355,839
Janie Hilfiger	President-SUS	0.0		$0	$20,629	$291,860
Steven Johnson	President CEO	0.0		$0	$12,723	$124,269
Matthew Decamp	Director	1.0	Director	$0	$0	$0
J Dennis Murray PhD	Director	1.0	Director	$0	$0	$0
Glenn Poirier	Board Vice Chair/Treasurer	1.0	Officer Director	$0	$0	$0
Ann Pepperman	Director	1.0	Director	$0	$0	$0
Wendy Swingle	Director/Secretary	1.0	Officer Director	$0	$0	$0
Harold Hoose III	Chair	1.0	Officer 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	$938,904	$437,409	$1,510,040	$501,495
2024	$444,561	$424,852	$1,010,791	$19,709
2023	$494,510	$447,896	$1,032,162	$46,614
2022	$529,221	$409,304	$1,106,343	$119,917
2021	$529,605	$439,069	$1,180,353	$90,536
2020	$499,409	$497,971	$1,273,828	$1,438
2019	$591,077	$639,146	$1,704,570	$-48,069

Laurel Realty Inc