Koinonia Homes Inc (EIN 237412318) - 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

1974

Legal Domicile

Principal Officer

Patrick Maynard PhD

Phone

6148443800

Tax Period

2023-01-01 to 2023-12-31

Koinonia Homes Inc, founded in 1974, is a mid-sized nonprofit in the Human Services sector that reported $32.5M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

Providing residential group homes and support services in community-based homes or apartments, adult day support & employment services for those w/ developmental disabilities.

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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 $461,586

Program Service Revenue $31,683,538

Investment Income $344,071

Other Revenue $25,596

TOTAL REVENUE $32,514,791

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,294,031

Fundraising Expenses $58,810

Program Expenses $30,136,885

Other Expenses $8,934,233

TOTAL EXPENSES $35,228,264

Year-over-Year Comparison

	2023	2022	Change
Revenue	$32,514,791	$34,603,879	-0.1%
Expenses	$35,228,264	$34,326,947	+0.0%
Net Income	$-2,713,473	$276,932	-10.8%

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

720

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

$1,052,219

Total Directors

Key Employees

$982,662

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Patrick Maynard	President & CEO	1.67	Officer	$0	$61,869	$513,107
Diane Beastrom	CEO / VP of Transition	20.0	Officer	$338,303	$26,773	$365,076
Cynthia Ripsin	Medical Director	1.67	Highest	$0	$20,969	$332,870
Trent Stechschulte	Chief Legal Officer & Gen Coun	1.67	Key Emp	$0	$12,318	$265,189
Ronald J Davy	CFO	1.67	Key Emp	$0	$14,690	$261,189
Christopher Wolf	COO	1.67	Key Emp	$0	$14,858	$254,363
Richard Neighbarger	VP, Analytics & Technology	1.67	Highest	$0	$11,891	$207,166
Jennifer Riha	VP, Program Services	1.67	Key Emp	$0	$10,705	$201,921
Jodi Bopp	VP, Advancement & Communicatio	1.67	Highest	$0	$13,921	$175,586
Ryan Wood	CFO, COO / Dir. of Integration	20.0	Officer	$167,098	$6,938	$174,036
Nathan Henninger	Dir of Behavioral & Education	1.67	Highest	$0	$7,204	$158,257
Melanie Huffman	VP, People & Culture	1.67	Highest	$0	$1,409	$146,649
Bill Forquer	Board Member	0.08	Director	$0	$0	$0
Mary Ann Krauss	Chair	0.08	Officer Director	$0	$0	$0
Sue Ralph	Vice Chair	0.08	Officer Director	$0	$0	$0
John Burtch	Board Member	0.04	Director	$0	$0	$0
David Clark	Treasurer	0.08	Officer Director	$0	$0	$0
Robert Hays	Board Member	0.04	Director	$0	$0	$0
Mary Lynn Hohman	Board Member	0.04	Director	$0	$0	$0
Matt Kaufman	Board Member	0.04	Director	$0	$0	$0
Megan King	Board Member	0.04	Director	$0	$0	$0
Jameson Lett	Board Member	0.04	Director	$0	$0	$0
Antoinette Miranda	Board Member	0.04	Director	$0	$0	$0
Adrian Moore	Board Member	0.04	Director	$0	$0	$0
Beth Ann Patton	Board Member	0.04	Director	$0	$0	$0
Kelly Perlman	Board Member	0.04	Director	$0	$0	$0
Mrunal Shah	Board Member	0.04	Director	$0	$0	$0
Loribeth Steiner	Secretary	0.04	Director	$0	$0	$0
Gwen Weihe	Board Member	0.04	Director	$0	$0	$0
Brendan O'Reilly	Board Member	0.04	Director	$0	$0	$0
Tezlyn Reardon	Board Member	0.04	Director	$0	$0	$0
Dawn Hays	Board Member	0.04	Director	$0	$0	$0
Kristian Barr	Board Member, Finance (Chair)	0.5	Director	$0	$0	$0
Samuel V Butcher	Board Member, Supp Relations	0.5	Director	$0	$0	$0
Julie M Johnson	Board Member, Supp Relat Chair	0.5	Director	$0	$0	$0
Jeffrey Minnick	VC, Gov Chair, Audit Chair	0.5	Director	$0	$0	$0
Jacqueline Sherry	Board Member, Quality & Safety	0.5	Director	$0	$0	$0
Sarah Truman	Board Member, Quality & Safety	0.5	Director	$0	$0	$0
Fred Watkins	Chair, Gov, Fin, Audit	0.5	Officer 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
2024	No data	No data	No data	No data
2023	$32,514,791	$35,228,264	$34,490,588	$-2,713,473
2022	$34,603,879	$34,326,947	$30,649,087	$276,932
2021	$37,892,187	$34,714,745	$28,526,535	$3,177,442
2020	$37,953,638	$32,917,421	$26,740,127	$5,036,217
2019	$32,199,509	$30,770,046	$19,627,795	$1,429,463
2018	$29,938,196	$29,091,214	$14,345,774	$846,982

Koinonia Homes Inc