SQLC SENIOR LIVING CENTER AT CORPUS CHRISTI INC (EIN 261778912) - 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

2007

Legal Domicile

Principal Officer

JOE ANDERSON

Phone

4694205450

Tax Period

2019-01-01 to 2019-04-30

SQLC SENIOR LIVING CENTER AT CORPUS CHRISTI INC, founded in 2007, is a mid-sized nonprofit that reported $69.3M in total revenue in fiscal year 2019. Revenue surged 385% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64.2M, a strong 93% operating margin.

Mission

TO OWN AND OPERATE A HEALTH CARE FACILITY THAT PROVIDES QUALITY RESIDENTIAL HOUSING FOR SENIOR CITIZENS ALONG WITH PERSONAL SERVICES, ASSISTED LIVING, AND NURSING SERVICES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,380,800

Investment Income $-50,712,475

Other Revenue $116,626,243

TOTAL REVENUE $69,294,568

Expense Breakdown

Grants Paid $0

Salaries & Benefits $517,278

Fundraising Expenses $0

Program Expenses $4,490,900

Other Expenses $4,554,981

TOTAL EXPENSES $5,072,259

Year-over-Year Comparison

	2019	2018	Change
Revenue	$69,294,568	$14,299,558	+3.8%
Expenses	$5,072,259	$21,347,030	-0.8%
Net Income	$64,222,309	$-7,047,472	-10.1%

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
BERNIE FRANCIS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
SCOTT COLLIER	CHAIRMAN	1.00	Director	$0	$0	$0
JAN VAN SANT	DIRECTOR	1.00	Officer Director	$0	$0	$0
JOE ANDERSON	PRESIDENT/CEO	46.00	Officer Director	$0	$0	$0
RICHARD SCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
MIKE GALE	EX-OFFICIO 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
2019	$69,294,568	$5,072,259	No data	$64,222,309
2018	$14,299,558	$21,347,030	$53,632,188	$-7,047,472

SQLC SENIOR LIVING CENTER AT CORPUS CHRISTI INC