MARTINS RUN (EIN 232090256) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

JEFF PETTY

Phone

2153540565

Tax Period

2024-01-01 to 2024-12-31

MARTINS RUN, founded in 1978, is a mid-sized nonprofit in the Human Services sector that reported $19.7M in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION OPERATES A NON-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, INCLUDING INDEPENDENT APARTMENTS, PERSONAL CARE APARTMENTS, AND A SKILLED NURSING FACILITY.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $98,141

Program Service Revenue $19,001,370

Investment Income $320,452

Other Revenue $289,525

TOTAL REVENUE $19,709,488

Expense Breakdown

Grants Paid $75,680

Salaries & Benefits $10,227,273

Fundraising Expenses $0

Program Expenses $15,836,255

Other Expenses $10,511,635

TOTAL EXPENSES $20,814,588

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,709,488	$18,488,685	+0.1%
Expenses	$20,814,588	$19,982,646	+0.0%
Net Income	$-1,105,100	$-1,493,961	-0.3%

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

Governance

Voting Members

Independent Members

N/A

Employees

377

Volunteers

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

$1,185,528

Total Directors

$1,185,528

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF PETTY	CHAIR	1.00	Officer Director	$0	$26,399	$743,540
JOHN ODIKE	SECRETARY/TREASURER	1.00	Officer Director	$0	$18,494	$241,795
DAN HOOD	EXECUTIVE DIRECTOR	40.00	Officer Director	$183,256	$16,937	$200,193
KIMBERLY ANN RATLIFF	DIRECTOR OF NURSING	40.08	Highest	$136,100	$15,904	$152,004
SHAWN FONTAINE	LEAD DIRECTOR OF DINING SERVICES	40.00	Highest	$123,938	$15,515	$139,453
MARIBEL APARENTADO	PHYSICAL THERAPIST	40.00	Highest	$110,626	$14,900	$125,526
HEATH JONES	OCCUPATIONAL THERAPIST	40.00	Highest	$107,554	$15,008	$122,562
ANTHONY PAUL	DIR FACILITY OPERATIONS	40.08	Highest	$106,427	$14,833	$121,260

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	No data	No data	No data	No data
2024	$19,709,488	$20,814,588	$43,739,286	$-1,105,100
2023	$18,488,685	$19,982,646	$44,472,708	$-1,493,961
2022	$17,416,122	$19,102,939	$45,631,014	$-1,686,817
2021	$16,687,453	$18,095,642	$46,788,382	$-1,408,189
2020	$14,364,088	$16,647,139	$47,801,696	$-2,283,051
2019	$14,037,255	$16,012,445	$49,462,046	$-1,975,190
2018	$13,391,663	$15,726,310	$50,110,747	$-2,334,647

MARTINS RUN