TEL HAI DEVELOPMENT INC

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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

1986

Legal Domicile

Principal Officer

DAVID SHENK

Phone

6102739333

Tax Period

2023-07-01 to 2024-06-30

TEL HAI DEVELOPMENT INC, founded in 1986, is a small nonprofit in the Human Services sector that reported $595K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $289K, a strong 48% operating margin.

Mission

TO SUPPORT TEL HAI RETIREMENT COMMUNITY'S MISSION WHICH IS TO PROVIDE HIGH QUALITY CARE AND SERVICES TO ENHANCE PERSONAL DIGNITY, AUTONOMY AND LIFELONG ENRICHMENT AS A DEMONSTRATION OF CHRIST'S LOVE FOR ALL PERSONS.

Program Service Accomplishments

Program 1

Expenses: $117,481 Revenue: $0

THE ORGANIZATION RAISES FUNDS TO ASSIST TEL HAI RETIREMENT COMMUNITY AND TEL HAI APARTMENTS IN THEIR EXEMPT PURPOSES OF CARING FOR SENIORS AND LOW-INCOME RETIREES/DISABLED PERSONS. TEL HAI...

THE ORGANIZATION RAISES FUNDS TO ASSIST TEL HAI RETIREMENT COMMUNITY AND TEL HAI APARTMENTS IN THEIR EXEMPT PURPOSES OF CARING FOR SENIORS AND LOW-INCOME RETIREES/DISABLED PERSONS. TEL HAI DEVELOPMENT RAISED $579,125 DURING THE FISCAL YEAR.

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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 (2023)

Revenue Breakdown

Contributions & Grants $193,039

Program Service Revenue $0

Investment Income $412,738

Other Revenue $-10,357

TOTAL REVENUE $595,420

Expense Breakdown

Grants Paid $117,481

Salaries & Benefits $113,323

Fundraising Expenses $157,556

Program Expenses $117,481

Other Expenses $75,867

TOTAL EXPENSES $306,671

Year-over-Year Comparison

	2023	2022	Change
Revenue	$595,420	$1,008,633	-0.4%
Expenses	$306,671	$265,784	+0.2%
Net Income	$288,749	$742,849	-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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$636,227

Total Directors

$164,212

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SALLY BREDEMAN	CHAIR	1.00	Director	$0	$0	$0
JACK LEAR	DIRECTOR	1.00	Director	$0	$0	$0
JAMES H BARNETT	DIRECTOR	1.00	Director	$0	$0	$0
WENDEL KING	DIRECTOR	1.00	Director	$0	$0	$0
ANDY BRUBAKER	DIRECTOR	1.00	Director	$0	$0	$0
LUCINDA PETERSHEIM	CHAIR (UNTIL DEC 2023)	1.00	Officer Director	$0	$0	$0
SHELDON MARTIN	TREASURER (UNTIL DEC 2023)	1.00	Officer Director	$0	$0	$0
HEIDI STOLTZFUS	VP OF MISSION ADVANCEMENT	20.00	Officer Director	$0	$15,653	$164,212
DAVID SHENK	PRESIDENT & CEO	5.00	Officer	$0	$39,018	$300,827
SHARON CANULL	CFO/ASSISTANT SECRETARY	1.00	Officer	$0	$14,926	$171,188

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	$595,420	$306,671	$11,994,001	$288,749
2023	$1,008,633	$265,784	$11,002,852	$742,849
2022	$1,224,410	$708,150	$9,838,398	$516,260
2021	$1,024,630	$350,980	$11,253,003	$673,650
2020	$739,341	$291,199	$9,192,970	$448,142
2019	$580,981	$368,531	$8,720,893	$212,450
2018	$1,488,657	$662,914	$8,297,969	$825,743