SIMPSON MEADOWS (EIN 232948992) - 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

1998

Legal Domicile

Principal Officer

CAROL E MCKINLEY

Phone

6106600112

Tax Period

2024-01-01 to 2024-12-31

SIMPSON MEADOWS, founded in 1998, is a community nonprofit in the Human Services sector that reported $6.4M in total revenue in fiscal year 2024. Expenses of $8.2M exceeded revenue, resulting in a 28% operating deficit.

Mission

TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY.

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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 $2,750

Program Service Revenue $6,107,405

Investment Income $291,403

Other Revenue $20,173

TOTAL REVENUE $6,421,731

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,060,621

Fundraising Expenses $0

Program Expenses $6,327,102

Other Expenses $5,150,026

TOTAL EXPENSES $8,210,647

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,421,731	$6,717,354	0.0%
Expenses	$8,210,647	$8,182,512	+0.0%
Net Income	$-1,788,916	$-1,465,158	+0.2%

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

173

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

$801,200

Total Directors

$431,417

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEREDITH OKENQUIST	CHAIR	1.00	Officer Director	$0	$0	$0
MICHELLE GOLLAPALLI	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
RICK HELLBERG	TREASURER	1.00	Officer Director	$0	$0	$0
DALINDA LOVE	SECRETARY	1.00	Officer Director	$0	$0	$0
REV DAVID W BROWN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN P DIMAGGIO	DIRECTOR	1.00	Director	$0	$0	$0
ALAIN DUROSEAU	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SHARP	DIRECTOR	1.00	Director	$0	$0	$0
MARCIA STANFORD	DIRECTOR	1.00	Director	$0	$0	$0
CAROL MCKINLEY	PRESIDENT/CEO	1.00	Officer Director	$0	$15,859	$431,417
KENNETH FRANIAK	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$20,760	$369,783
TIMOTHY MCCRACKEN	EXECUTIVE DIRECTOR	40.00	Highest	$134,776	$5,391	$140,167
LAURA KASAL	DIRECTOR OF SALES AND MARKETING	40.00	Highest	$112,387	$15,888	$128,275
RHONDA NEWSOME	LPN	40.00	Highest	$110,919	$6,952	$117,871

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
2024	$6,421,731	$8,210,647	$14,043,211	$-1,788,916
2023	$6,717,354	$8,182,512	$15,065,982	$-1,465,158
2022	$6,573,253	$7,972,270	$15,227,500	$-1,399,017
2021	$6,642,903	$7,056,305	$16,075,834	$-413,402
2020	$6,559,462	$6,880,462	$15,045,172	$-321,000
2019	$7,333,544	$7,061,931	$15,485,455	$271,613
2018	$6,661,571	$6,519,855	$14,203,738	$141,716

SIMPSON MEADOWS