TWIN LAKES (EIN 311708926) - 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

2000

Legal Domicile

Principal Officer

SCOTT MCQUINN

Phone

5132471300

Tax Period

2023-01-01 to 2023-12-31

TWIN LAKES, founded in 2000, is a mid-sized nonprofit in the Housing & Shelter sector that reported $38.2M in total revenue in fiscal year 2023. Expenses of $35.0M left a modest 9% surplus.

Mission

DESCRIPTION OF ORGANIZATION MISSION: THE PURPOSE OF TWIN LAKES IS TO CREATE AND MAINTAIN A CHRISTIAN COMMUNITY WHERE OLDER ADULTS CAN JOIN WITH ADMINISTRATION AND STAFF TO LIVE AS AN EXTENDED FAMILY AND BE ENCOURAGED TO LIVE AT THE HIGHEST POSSIBLE LEVEL OF INDEPENDENCE, AND IN KEEPING WITH THE PRINCIPLES ESTABLISHED BY THE UNITED METHODIST CHURCH, TO PROVIDE OLDER ADULTS WITH ACCOMMODATIONS DESIGNED TO MEET THEIR PHYSICAL, SPIRITUAL, VOCATIONAL, SOCIAL, EMOTIONAL AND INTELLECTUAL NEEDS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,258,614

Program Service Revenue $33,234,600

Investment Income $348,464

Other Revenue $369,696

TOTAL REVENUE $38,211,374

Expense Breakdown

Grants Paid $237,339

Salaries & Benefits $8,647,136

Fundraising Expenses $0

Program Expenses $33,551,028

Other Expenses $26,069,166

TOTAL EXPENSES $34,953,641

Year-over-Year Comparison

	2023	2022	Change
Revenue	$38,211,374	$35,525,193	+0.1%
Expenses	$34,953,641	$31,811,440	+0.1%
Net Income	$3,257,733	$3,713,753	-0.1%

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

N/A

Volunteers

141

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

$2,462,342

Total Directors

$1,777,450

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT MCQUINN	CEO/ PRESIDENT	3.00	Officer Director	$0	$414,381	$1,028,545
JAMES BOWERSOX	COO/ SECRETARY	3.00	Officer Director	$0	$301,144	$748,905
LARRY BRUESHABER	CHAIR	1.00	Director	$0	$0	$0
DOUG BURGESS	TRUSTEE	1.00	Director	$0	$0	$0
SANDRA EAST	TRUSTEE	1.00	Director	$0	$0	$0
ROBYN HILDAL	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH THORPE	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN MCDONNELL	CFO/ TREASURER	3.00	Officer	$0	$185,604	$460,963
LISA ZIMMERS	EXECUTIVE DIRECTOR	40.00	Officer	$0	$62,588	$223,929

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	$38,211,374	$34,953,641	$223,119,797	$3,257,733
2022	$35,525,193	$31,811,440	$228,518,323	$3,713,753
2021	$30,548,357	$30,144,363	$221,116,873	$403,994
2020	$29,798,148	$28,243,015	$215,184,566	$1,555,133

TWIN LAKES