QUALITY SENIOR HOUSING FOUNDATION INC (EIN 311672366) - 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

1999

Legal Domicile

Phone

4043866280

Tax Period

2024-01-01 to 2024-12-31

QUALITY SENIOR HOUSING FOUNDATION INC, founded in 1999, is a mid-sized nonprofit in the Housing & Shelter sector that reported $17.6M in total revenue in fiscal year 2024. Expenses of $21.3M exceeded revenue, resulting in a 21% operating deficit.

Mission

THE ORGANIZATION OWNS FIVE ASSISTED LIVING AND RESIDENTIAL CARE FACILITIES AND PROVIDES FULL SERVICE ROOM AND BOARD FOR ITS RESIDENTS, AS WELL AS A VARIETY OF SOCIAL ACTIVITIES AND COMMUNITY INVOLVEMENT.

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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 $98,020

Program Service Revenue $17,218,928

Investment Income $194,357

Other Revenue $55,436

TOTAL REVENUE $17,566,741

Expense Breakdown

Grants Paid $67,128

Salaries & Benefits $9,439,716

Fundraising Expenses $0

Program Expenses $18,908,643

Other Expenses $11,759,936

TOTAL EXPENSES $21,266,780

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,566,741	$18,047,073	0.0%
Expenses	$21,266,780	$19,959,836	+0.1%
Net Income	$-3,700,039	$-1,912,763	+0.9%

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

421

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

$269,000

Total Directors

$219,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MACK LEATH	SECRETARY AND TREASURER	1.0	Officer Director	$14,000	$0	$14,000
STANLEY BRADING	PRESIDENT AND DIRECTOR	15.0	Officer Director	$179,000	$0	$179,000
GUY LONG	DIRECTOR	1.0	Director	$8,000	$0	$8,000
JEFFERY FAILE	DIRECTOR	1.0	Director	$8,000	$0	$8,000
WILLIAM BRADING	DIRECTOR	1.0	Director	$10,000	$0	$10,000
SUZETTE BRADING	ADMINISTRATIVE SECRETARY	10.0	Officer	$76,000	$0	$76,000
LIESBETH BOLYARD	EXECUTIVE DIRECTOR	40.0	Highest	$117,127	$2,248	$119,375

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	$17,566,741	$21,266,780	$60,033,360	$-3,700,039
2023	$18,047,073	$19,959,836	$62,606,620	$-1,912,763
2022	$16,507,196	$19,041,129	$62,525,734	$-2,533,933
2021	$3,890,508	$4,357,018	$15,962,385	$-466,510
2019	$3,930,919	$4,327,935	$16,601,278	$-397,016
2018	$1,910,003	$1,767,221	$17,181,232	$142,782

QUALITY SENIOR HOUSING FOUNDATION INC