Columbus Colony for Elderly Care (EIN 310951208) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

John K Renner

Phone

9378256622

Tax Period

2023-01-01 to 2023-12-31

Columbus Colony for Elderly Care, founded in 1977, is a community nonprofit in the Health Care sector that reported $9.3M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

To provide safe and affordable skilled nursing care for the elderly, specializing in caring for the deaf community.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $26,200

Program Service Revenue $9,145,857

Investment Income $0

Other Revenue $79,005

TOTAL REVENUE $9,251,062

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,178,417

Fundraising Expenses $0

Program Expenses $7,956,954

Other Expenses $4,491,338

TOTAL EXPENSES $9,669,755

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,251,062	$8,203,608	+0.1%
Expenses	$9,669,755	$9,311,372	+0.0%
Net Income	$-418,693	$-1,107,764	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

190

Volunteers

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
Darrell Doudt	President	0.02	Officer Director	$0	$0	$0
Elwin Babb	Vice-President	0.02	Officer Director	$0	$0	$0
Richard Penny	Secretary	0.02	Officer Director	$0	$0	$0
Howard Snyder	Interim Treasurer	0.02	Officer Director	$0	$0	$0
Bobby Blessing	Director	0.02	Director	$0	$0	$0
Delila Dusenbury	Director	0.02	Director	$0	$0	$0
Mary Penny	Director	0.02	Director	$0	$0	$0
Kim Sutton	Director	0.02	Director	$0	$0	$0
Derek Svec	Director	0.02	Director	$0	$0	$0
John Renner	CFO, Management Agent	0.1	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	No data	No data	No data	No data
2023	$9,251,062	$9,669,755	$3,674,534	$-418,693
2022	$8,203,608	$9,311,372	$3,542,412	$-1,107,764
2021	$9,658,698	$8,808,282	$4,499,519	$850,416
2020	$9,727,223	$10,611,813	$5,080,796	$-884,590
2019	$11,052,066	$11,534,164	$5,664,829	$-482,098
2018	$10,654,085	$10,224,559	$5,955,223	$429,526

Columbus Colony for Elderly Care