SIMPSON MEADOWS

EIN: 232948992 501(c)(3) Human Services

BALA CYNWYD, PA

Total Revenue
$6,421,731
Total Expenses
$8,210,647
Total Assets
$14,043,211
Net Assets
$-8,607,621
🔒

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
1998
Legal Domicile
PA
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

SIMPSON MEADOWS IS DEDICATED TO MEETING THE NEEDS OF SENIORS IN OUR COMMUNITY. THROUGH CAREFUL OVERSIGHT, WE STRIVE TO DELIVER THE HIGHEST QUALITY OF SERVICE WITH A SENSE OF WARMTH, FRIENDLINESS, INDIVIDUAL PRIDE, AND INTEGRITY. CONTINUED ON SCHEDULE O.WE ARE COMMITTED TO OFFERING OUR RESIDENTS AND STAFF OPPORTUNITIES FOR PERSONAL GROWTH AND SPIRITUAL ENRICHMENT.

Program Service Accomplishments

Program 1
Expenses: $6,327,102 Revenue: $6,107,405

EXPENSES INCURRED PROVIDING HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO ELDERLY RESIDENTS THROUGH THE OPERATION OF 94 INDEPENDENT LIVING UNITS AND 54 PERSONAL CARE SUITES, 18 OF WHICH ARE...

Read more

EXPENSES INCURRED PROVIDING HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO ELDERLY RESIDENTS THROUGH THE OPERATION OF 94 INDEPENDENT LIVING UNITS AND 54 PERSONAL CARE SUITES, 18 OF WHICH ARE DEDICATED TO DEMENTIA CARE. SIMPSON MEADOWS' OPERATIONS ARE LOCATED IN THE TOWNSHIP OF EAST CALN, CHESTER COUNTY, PA. ITS PRIMARY SERVICE AREA INCLUDES CHESTER COUNTY AND SURROUNDING COMMUNITIES.

🔒

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 $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
🔒

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
10
Independent Members
9
Employees
173
Volunteers
18

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
6
$801,200
Total Directors
10
$431,417
Key Employees
0
$0
Highest Compensated
3
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
Explore More Nonprofits
Top 100 Nonprofits in Pennsylvania Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SIMPSON MEADOWS with other nonprofits in Pennsylvania and across the country.