FAIRMOUNT HOMES (EIN 231680874) - 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

1967

Legal Domicile

Principal Officer

JERRY LILE

Phone

7173541800

Tax Period

2024-07-01 to 2025-06-30

FAIRMOUNT HOMES, founded in 1967, is a mid-sized nonprofit in the Health Care sector that reported $25.4M in total revenue in fiscal year 2024.

Mission

FAIRMOUNT HOMES IS A MINISTRY WITH MATURE ADULTS, PROVIDING HIGH QUALITY SERVICES, PROMOTING WHOLENESS AND CREATIVE LIVING CONSISTENT WITH CHRIST-CENTERED MENNONITE VALUES.

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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 $878,625

Program Service Revenue $23,659,075

Investment Income $429,739

Other Revenue $398,775

TOTAL REVENUE $25,366,214

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,254,790

Fundraising Expenses $124,899

Program Expenses $20,162,037

Other Expenses $7,432,939

TOTAL EXPENSES $24,687,729

Year-over-Year Comparison

	2024	2023	Change
Revenue	$25,366,214	$25,754,175	0.0%
Expenses	$24,687,729	$22,935,034	+0.1%
Net Income	$678,485	$2,819,141	-0.8%

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

392

Volunteers

200

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

$1,058,755

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH N BURKHOLDER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ERNEST H HAHN	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
EDWIN MARTIN	TREASURER	1.00	Officer Director	$0	$0	$0
JAMES E WITMER	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID H MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
DALE A MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
HAROLD J RUTT	DIRECTOR	1.00	Director	$0	$0	$0
CARL G SENSENIG	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW HOOVER FROM 525	DIRECTOR	1.00	Director	$0	$0	$0
JERRY LILE	CEO	50.00	Officer	$335,159	$33,885	$369,044
KENT E RICHARD	COO	50.00	Officer	$170,410	$31,815	$202,225
KAY L DRIVER	CFO	50.00	Officer	$163,236	$28,004	$191,240
SUSAN NORIEGA TIL 325	VP HEALTH SERVICES	50.00	Officer	$174,775	$30,080	$204,855
KATIE KIMMET FROM 325	VP HEALTH SERVICES	50.00	Officer	$80,074	$11,317	$91,391
HEATHER HETRICH	DON	50.00	Highest	$123,294	$5,229	$128,523
PAULINE ZIMMERMAN	RN	60.00	Highest	$116,476	$9,594	$126,070
GINAMAY MESANA	NURSE	60.00	Highest	$114,909	$11,491	$126,400
MITCH HANNA	DIRECTOR OF MARKETING	60.00	Highest	$109,567	$13,603	$123,170
EILEEN DARLING	LPN	60.00	Highest	$113,933	$17,041	$130,974

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	$25,366,214	$24,687,729	$54,312,569	$678,485
2024	$25,754,175	$22,935,034	$54,422,290	$2,819,141
2023	$23,178,945	$22,429,562	$49,796,774	$749,383
2022	$21,169,489	$21,055,187	$49,270,291	$114,302
2021	$22,895,957	$20,727,324	$51,290,101	$2,168,633
2020	$20,838,870	$19,126,155	$50,912,185	$1,712,715
2019	$18,985,957	$17,750,072	$42,267,122	$1,235,885
2018	$18,593,038	$17,718,970	$31,862,810	$874,068

FAIRMOUNT HOMES