Fern Markwell Senior Housing Inc (EIN 260051386) - 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

2002

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Fern Markwell Senior Housing Inc, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $110K in total revenue in fiscal year 2023. Expenses of $140K exceeded revenue, resulting in a 27% operating deficit.

Mission

Provide 20 units of HUD subsidized housing for very low income elderly persons.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $33,200

Program Service Revenue $69,791

Investment Income $835

Other Revenue $6,221

TOTAL REVENUE $110,047

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,900

Fundraising Expenses $0

Program Expenses $134,394

Other Expenses $110,094

TOTAL EXPENSES $139,994

Year-over-Year Comparison

	2023	2022	Change
Revenue	$110,047	$103,395	+0.1%
Expenses	$139,994	$140,059	0.0%
Net Income	$-29,947	$-36,664	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Betty Sue Tow	Board Member	1.00	Director	$0	$0	$0
Wilma Easley	SecretaryTreasurer	1.00	Officer Director	$0	$0	$0
Allen Leaird	Chairman	1.00	Officer Director	$0	$0	$0
Ron Jacobs	Vice-Chairman	1.00	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	$110,047	$139,994	$829,980	$-29,947
2022	$103,395	$140,059	$857,670	$-36,664
2021	$89,168	$129,162	$894,822	$-39,994
2020	$87,671	$133,708	$931,331	$-46,037
2019	$94,305	$118,009	$978,349	$-23,704
2018	$86,854	$112,586	$1,000,222	$-25,732

Fern Markwell Senior Housing Inc