FOUNDATION FOR ELDERCARE (EIN 264755439) - 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

2009

Legal Domicile

Principal Officer

John G Berg

Phone

6105201100

Tax Period

2020-01-01 to 2020-12-31

FOUNDATION FOR ELDERCARE, founded in 2009, is a small nonprofit that reported $539K in total revenue in fiscal year 2020. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $467K left a modest 14% surplus.

Mission

To provide safe, modern affordable housing to facilitate aging-in-place capability by low-income, handicapped and senior citizens.

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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 (2020)

Revenue Breakdown

Contributions & Grants $4,765

Program Service Revenue $293,214

Investment Income $0

Other Revenue $241,449

TOTAL REVENUE $539,428

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,063

Fundraising Expenses $0

Program Expenses $131,322

Other Expenses $312,824

TOTAL EXPENSES $466,556

Year-over-Year Comparison

	2020	2019	Change
Revenue	$539,428	$491,695	+0.1%
Expenses	$466,556	$673,988	-0.3%
Net Income	$72,872	$-182,293	-1.4%

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

N/A

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

$122,063

Total Directors

$122,063

Key Employees

$100,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John G Berg	Chairman Trustee	40	Officer Director Key Emp Highest	$100,000	$0	$100,000
Deborah A Wissman	VP Admin - Trustee	10	Officer Director	$22,063	$0	$22,063

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
2020	$539,428	$466,556	$5,502,042	$72,872
2020	$539,428	$466,556	$5,502,042	$72,872
2019	$491,695	$673,988	$9,096,795	$-182,293
2019	$941,695	$603,988	$9,096,795	$337,707
2018	$615,811	$1,237,478	$11,567,344	$-621,667

FOUNDATION FOR ELDERCARE