MT HEALTHY CHRISTIAN HOME INC

EIN: 310714767 501(c)(3)

CINCINNATI, OH

Total Revenue
$14,707,409
Total Expenses
$13,033,885
Total Assets
$9,553,785
Net Assets
$-792,235
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
OH
Principal Officer
LARRY MONROE
Phone
5139315000
Tax Period
2023-01-01 to 2023-12-31

MT HEALTHY CHRISTIAN HOME INC, founded in 1964, is a mid-sized nonprofit that reported $14.7M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $13.0M left a modest 11% surplus.

Mission

FOUNDED IN 1964, THE ORGANIZATION IS A NOT-FOR-PROFIT PROVIDER OF RETIREMENT SERVICES, OFFERING A VARIETY OF LIVING STYLES, FROM RESIDENTIAL LIVING APARTMENTS, ASSISTED LIVING AND SKILLED NURSING CARE. THE ORGANIZATION'S MISSION IS TO PROVIDE SECURE, QUALITY LIVING IN A CHRISTIAN ENVIRONMENT, DIRECTED ESPECIALLY TO PERSONS IN THEIR RETIREMENT YEARS. THE ORGANIZATION'S MINISTRY SERVES OVER 150 OLDER ADULTS. OUR SERVICES ARE DEDICATED TO THE ENHANCEMENT OF THE SPIRITUAL, PHYSICAL, SOCIAL, CULTURAL AND EMOTIONAL WELL-BEING OF EACH RESIDENT IN AN ENVIRONMENT THAT RECOGNIZES AND PROMOTES PERSONAL DIGNITY.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,031,901
Program Service Revenue $12,665,936
Investment Income $9,572
Other Revenue $0
TOTAL REVENUE $14,707,409

Expense Breakdown

Grants Paid $24,859
Salaries & Benefits $8,579,977
Fundraising Expenses $0
Program Expenses $11,691,202
Other Expenses $4,429,049
TOTAL EXPENSES $13,033,885

Year-over-Year Comparison

2023 2022 Change
Revenue $14,707,409 $11,878,520 +0.2%
Expenses $13,033,885 $12,058,306 +0.1%
Net Income $1,673,524 $-179,786 -10.3%
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

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Governance

Voting Members
3
Independent Members
3
Employees
319
Volunteers
5

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
5
$525,617
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID ENGEL SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DALE COATES CHAIR 1.00
Officer Director
$0 $0 $0
JASON REHMEL VICE CHAIR 1.00
Officer Director
$0 $0 $0
LARRY MONROE CEO/PRESIDENT 4.00
Officer
$0 $21,218 $307,865
VICKIE BRASHEAR CFO 16.00
Officer
$0 $15,995 $217,752
ROBERT SLADE VICE PRESIDENT OF OPERATIO 15.00
Highest
$0 $19,355 $182,467
SUSAN JABLONSKI MYERS VP OF HEALTH SERVICES 8.00
Highest
$0 $18,625 $144,304
JULIE NAGELE EXECUTIVE DIRECTOR 40.00
Highest
$131,228 $27,202 $158,430
SARAH STAPLETON DIRECTOR OF NURSING 40.00
Highest
$115,522 $19,355 $134,877
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 $14,707,409 $13,033,885 $9,553,785 $1,673,524
2022 $11,878,520 $12,058,306 $7,638,244 $-179,786
2021 $9,589,449 $10,902,911 $7,264,893 $-1,313,462
2020 $10,952,435 $11,740,664 $7,611,468 $-788,229
2019 $10,134,204 $11,065,810 $6,882,999 $-931,606
2018 $9,912,133 $10,728,984 $7,163,568 $-816,851
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