HERMAN L ANDERSON INC (EIN 300270917) - 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

2003

Legal Domicile

Principal Officer

SANDY KNIGHT

Phone

8433479280

Tax Period

2024-01-01 to 2024-12-31

HERMAN L ANDERSON INC, founded in 2003, is a community nonprofit in the Housing & Shelter sector that reported $2.8M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $2.7M left a modest 5% surplus.

Mission

TO OPERAT AN EIGHTY BED ASSISTED LIVING FACILITY AND PROVIDE MEALS FOR THE ELDERLY AND DISABLED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,815,556

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,815,556

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,501,574

Fundraising Expenses $0

Program Expenses $2,081,829

Other Expenses $1,173,030

TOTAL EXPENSES $2,674,604

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,815,556	$3,240,482	-0.1%
Expenses	$2,674,604	$2,813,913	0.0%
Net Income	$140,952	$426,569	-0.7%

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

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
VIVIAN MILLER	DIRECTOR	N/A	Director	$0	$0	$0
BURNETT OWENS	DIRECTOR	N/A	Director	$0	$0	$0
PATSY RAY	PRESIDENT	N/A	Officer Director	$0	$0	$0
JOHNNY SHELLEY	DIRECTOR	N/A	Director	$0	$0	$0
JANIE S PRINCE	TREASURER	N/A	Officer	$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	$2,815,556	$2,674,604	$3,611,810	$140,952
2023	$3,240,482	$2,813,913	$3,751,716	$426,569
2022	$2,722,476	$2,921,125	$3,710,332	$-198,649
2021	$2,414,743	$2,917,455	$3,768,497	$-502,712
2020	$2,911,584	$2,887,212	$3,909,127	$24,372
2019	$2,895,942	$2,776,086	$4,065,600	$119,856
2018	$2,717,107	$2,765,976	$3,996,850	$-48,869
2017	$2,550,282	$2,601,816	$4,143,153	$-51,534

HERMAN L ANDERSON INC