ELDERNET OF LOWER MERION AND NARBERTH

EIN: 232005485 501(c)(3) Human Services

BRYN MAWR, PA

Total Revenue
$1,042,712
Total Expenses
$926,305
Total Assets
$2,043,972
Net Assets
$2,024,111
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
PA
Principal Officer
ELIZABETH HILL
Phone
6105250706
Tax Period
2024-07-01 to 2025-06-30

ELDERNET OF LOWER MERION AND NARBERTH, founded in 1976, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $926K left a modest 11% surplus.

Mission

ELDERNET PROVIDES A SAFETY NET FOR OLDER AND DISABLED ADULTS TO HELP THEM REMAIN IN THEIR HOMES WITH DIGNITY, AND STRENGTHENS FOOD AND FINANCIAL SECURITY FOR ALL COMMUNITY MEMBERS IN NEED OF SUPPORT.

Program Service Accomplishments

Program 1
Expenses: $606,589

FOR NEARLY 50 YEARS, ELDERNET OF LOWER MERION AND NARBERTH HAS SERVED THE LOCAL COMMUNITY BY HELPING TO ENSURE THAT LOW TO MODERATE INCOME LOCAL SENIORS (AGE 60+) AND ADULTS WITH DISABILITIES CAN...

Read more

FOR NEARLY 50 YEARS, ELDERNET OF LOWER MERION AND NARBERTH HAS SERVED THE LOCAL COMMUNITY BY HELPING TO ENSURE THAT LOW TO MODERATE INCOME LOCAL SENIORS (AGE 60+) AND ADULTS WITH DISABILITIES CAN LEAD FULL AND INDEPENDENT LIVES AND REMAIN IN THEIR HOMES AND COMMUNITY. ELDERNET CONTINUES TO ENSURE THAT OUR NEIGHBORS' BASIC NEEDS ARE MET WHILE ALSO BUILDING RELATIONSHIPS ACROSS BOUNDARIES AND PROVIDING THE SOCIAL INTERACTIONS THAT ARE PROVEN TO IMPROVE THE QUALITY AND LIFE EXPECTANCY OF OLDER ADULTS. ELDERNET TO DECREASES OLDER ADULT ISOLATION, PROVIDES HUNGER RELIEF, BROADENS ACCESS TO HEALTH CARE, AND PROMOTES THE FINANCIAL STABILITY AND INDEPENDENCE THAT ALLOWS OLDER ADULTS TO AGE SAFELY IN THEIR HOMES. WITH OUR EXTENSIVE NETWORK OF VOLUNTEERS, ELDERNET OFFERS THREE MAIN PROGRAMS TO THOSE WHO QUALIFY: VOLUNTEER SERVICES, COMMUNITY RESOURCE CENTER AND FOOD PANTRY, AND CARE MANAGEMENT SERVICES. ALL ELDERNET'S PROGRAMS ARE FREE TO PARTICIPANTS WHO ARE FIRST SCREENED FOR ELIGIBILITY BY SOCIAL WORKERS IN OUR CARE MANAGEMENT DEPARTMENT. VOLUNTEER SERVICESELDERNET VOLUNTEERS DRIVE PARTICIPANTS TO MEDICAL APPOINTMENTS AND OTHER ESSENTIAL ERRANDS. THEY VISIT PARTICIPANTS IN THEIR HOMES AND ASSIST WITH ODD JOBS AS NEEDED. LAST FISCAL YEAR, 139 VOLUNTEERS WORKED 6,439 VOLUNTEER HOURS PROVIDING 2,122 ROUND-TRIP RIDES TO 144 PARTICIPANTS. THIS IMPORTANT SERVICE ENABLES PARTICIPANTS TO REMAIN HEALTHY AT HOME WHILE ALSO PROVIDING THEM WITH A PERSONAL ESCORT TO THEIR APPOINTMENTS. THIS SOCIAL INTERACTION IS ALSO CRUCIAL TO THE HEALTH OF OUR PARTICIPANTS AND THE VALUE OF THE ONGOING RELATIONSHIPS THAT OFTEN DEVELOP BETWEEN PARTICIPANTS AND THEIR VOLUNTEER DRIVERS CANNOT BE QUANTIFIED.COMMUNITY RESOURCE CENTER AND FOOD PANTRYTHE LOWER MERION TOWNSHIP 2022 COMMUNITY NEEDS ASSESSMENT SHOWED THAT FOOD INSECURITY WAS ONE OF THE MOST PRESSING NEEDS FACING RESIDENTS. GOVERNMENT CUTS EARLIER THIS YEAR TO THE BENEFITS THAT PARTICIPANTS RECEIVE TO LESSEN FOOD INSECURITY HAVE ONLY INTENSIFIED THAT NEEDED. THE CENTER AND PANTRY PROVIDE A PLACE FOR QUALIFIED PARTICIPANTS TO SHOP FOR FRESH PRODUCE, MILK, BREAD, MEAT AND PRE-PACKAGED AND CANNED FOOD. MANY PERSONAL HYGIENE PRODUCTS, LIKE TOILET PAPER, CANNOT BE PURCHASED WITH GOVERNMENT BENEFITS SO REMAIN IN GREAT DEMAND AT THE PANTRY SO MUCH SO THAT KEEPING IT SUFFICIENTLY STOCKED IS AN ONGOING CHALLENGE. LAST FISCAL YEAR, 40 VOLUNTEERS WORKED 2,010 VOLUNTEER HOURS DISTRIBUTING 101,650 POUNDS OF FOOD VALUED AT $201,268 TO 2,174 PARTICIPANTS. THE DIRE NEED FOR THIS SERVICE IN OUR COMMUNITY IS EVIDENCED BY THE FACT THAT YEAR-OVER-YEAR THE POUNDAGE OF FOOD DISTRIBUTED HAS INCREASED BY ALMOST 40%.CARE MANAGEMENTWITH SUPPORT FROM THE MONTGOMERY COUNTY OFFICE ON AGING AND ADULT SERVICES, ELDERNET IS THE ONLY INTENSIVE SERVICES PROVIDER TO SENIORS IN THE TOWNSHIP. THIS SUPPORT IS PROVIDED BY TWO LICENSED SOCIAL WORKERS WHO ASSIST PARTICIPANTS IN ACCESSING BENEFITS AND COMMUNITY-BASED RESOURCES THAT HELP THEM TO REMAIN HEALTHY IN THEIR HOMES. ELDERNET'S SOCIAL WORKERS IN THE CARE MANAGEMENT DEPARTMENT TOUCHED EVERY PARTICIPANT WHO AVAILED THEMSELVES OF OUR SERVICES EACH YEAR. LAST FISCAL YEAR, 281 UNDUPLICATED PARTICIPANTS AND THEIR FAMILIES WERE HELPED. IN ADDITION, WE HAVE A CONTRACT WITH MONTGOMERY COUNTY TO BE ONE OF THREE SIS (SENIOR INTENSIVE SERVICES) PROVIDERS IN THE COUNTY AND WE ARE THE ONLY PROVIDER IN LOWER MERION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,011,141
Program Service Revenue $0
Investment Income $42,736
Other Revenue $-11,165
TOTAL REVENUE $1,042,712

Expense Breakdown

Grants Paid $0
Salaries & Benefits $443,939
Fundraising Expenses $102,672
Program Expenses $606,589
Other Expenses $422,366
TOTAL EXPENSES $926,305

Year-over-Year Comparison

2024 2023 Change
Revenue $1,042,712 $1,119,232 -0.1%
Expenses $926,305 $849,219 +0.1%
Net Income $116,407 $270,013 -0.6%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
8
Volunteers
158

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH HILL PRESIDENT 3.00
Officer Director
$0 $0 $0
LYNETTE KILLEN VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
JOY BELLER SHORE TREASURER 3.00
Officer Director
$0 $0 $0
BETH DRAPKIN SECRETARY 3.00
Officer Director
$0 $0 $0
WARREN AYERS BOARD MEMBER 3.00
Director
$0 $0 $0
KATHRYN BELDOWSKI BOARD MEMBER 3.00
Director
$0 $0 $0
MICHAEL CORSON BOARD MEMBER 3.00
Director
$0 $0 $0
KATHY ESIBILL BOARD MEMBER 3.00
Director
$0 $0 $0
MARGARET A STEVENS BOARD MEMBER 3.00
Director
$0 $0 $0
JARED SLIPMAN BOARD MEMBER 3.00
Director
$0 $0 $0
ADELA SMITH BOARD MEMBER 3.00
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
2025 $1,042,712 $926,305 $2,043,972 $116,407
2024 $1,119,232 $849,219 $1,798,678 $270,013
2023 $629,168 $839,956 $1,407,948 $-210,788
2022 $878,646 $712,636 $1,535,291 $166,010
2021 $1,042,326 $650,131 $1,560,780 $392,195
2020 $687,439 $525,207 $1,070,739 $162,232
2019 $360,741 $385,106 $853,555 $-24,365
Explore More Nonprofits
Top 100 Nonprofits in Pennsylvania Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ELDERNET OF LOWER MERION AND NARBERTH with other nonprofits in Pennsylvania and across the country.