CEDARS ELDERLY HOME INC (EIN 260057247) - 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

2001

Legal Domicile

Principal Officer

DAVID BESHARA

Phone

9786818845

Tax Period

2023-01-01 to 2023-12-31

CEDARS ELDERLY HOME INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $484K in total revenue in fiscal year 2023. Expenses of $563K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROVIDE HOUSING TO LOW-INCOME ELDERLY INDIVIDUALS.

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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 $316,162

Program Service Revenue $165,330

Investment Income $136

Other Revenue $2,785

TOTAL REVENUE $484,413

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $506,226

Other Expenses $562,940

TOTAL EXPENSES $562,940

Year-over-Year Comparison

	2023	2022	Change
Revenue	$484,413	$472,942	+0.0%
Expenses	$562,940	$577,530	0.0%
Net Income	$-78,527	$-104,588	-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

N/A

Volunteers

N/A

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
DAVID BESHARA	PRESIDENT	5.00	Officer Director	$0	$0	$0
CHRISTINE TOUMA-CONWAY	TREASURER	5.00	Officer Director	$0	$0	$0
PAUL BOSHAR	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT HAFFTY	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN KFOURY	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW KRAUNELIS	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA MAROON	DIRECTOR	1.00	Director	$0	$0	$0
CAROL MCGRAVEY	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN COREY RAHME	DIRECTOR	1.00	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	$484,413	$562,940	$2,117,243	$-78,527
2022	$472,942	$577,530	$2,211,923	$-104,588
2021	$456,128	$525,182	$2,303,960	$-69,054
2020	$426,050	$519,657	$2,368,148	$-93,607
2019	$418,106	$546,595	$2,475,329	$-128,489
2018	$396,123	$514,771	$2,584,340	$-118,648

CEDARS ELDERLY HOME INC