ASBURY TOWERS RETIREMENT COMMUNITY INC (EIN 310995841) - 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

1966

Legal Domicile

Principal Officer

SHALOM MENORA

Phone

7656535148

Tax Period

2024-01-01 to 2024-12-31

ASBURY TOWERS RETIREMENT COMMUNITY INC, founded in 1966, is a community nonprofit in the Human Services sector that reported $4.3M in total revenue in fiscal year 2024. Expenses of $5.1M exceeded revenue, resulting in a 17% operating deficit.

Mission

RESIDENTIAL AND HEALTH CARE FOR 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 (2024)

Revenue Breakdown

Contributions & Grants $16,773

Program Service Revenue $4,272,781

Investment Income $9,122

Other Revenue $3,600

TOTAL REVENUE $4,302,276

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,369,373

Fundraising Expenses $0

Program Expenses $4,313,398

Other Expenses $681,961

TOTAL EXPENSES $5,051,334

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,302,276	$4,121,931	+0.0%
Expenses	$5,051,334	$5,068,547	0.0%
Net Income	$-749,058	$-946,616	-0.2%

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

172

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
BETH NEWTON WATSON	DIRECTOR	1.00	Director	$0	$0	$0
STACEY BARCLAY	DIRECTOR	1.00	Director	$0	$0	$0
DARREL THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
JUDITH PURVIS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
RICHARD SHUCK	PRESIDENT	1.00	Officer	$0	$0	$0
BRENDA MCBRIDE	SECRETARY	1.00	Officer	$0	$0	$0
KEN HEEKE	TREASURER	1.00	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	$4,302,276	$5,051,334	$2,080,608	$-749,058
2023	$4,121,931	$5,068,547	$3,625,498	$-946,616
2022	$4,341,311	$4,769,750	$4,993,986	$-428,439
2021	$5,168,269	$4,574,703	$5,351,733	$593,566
2020	$6,010,189	$5,100,226	$4,935,297	$909,963
2019	$5,166,034	$5,172,332	$4,192,072	$-6,298
2018	$4,539,685	$4,905,345	$4,353,795	$-365,660

ASBURY TOWERS RETIREMENT COMMUNITY INC