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
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Financial Vulnerability Assessment (Tuckman-Chang)

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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 AND ADDRESSES FOOD INSECURITY FOR ALL LOWER MERION TOWNSHIP RESIDENTS.

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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%)

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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
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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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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
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