Brethren Care Inc (EIN 341095056) - 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

1970

Legal Domicile

Principal Officer

MINDY SCURLOCK

Phone

4192891585

Tax Period

2023-01-01 to 2023-12-31

Brethren Care Inc, founded in 1970, is a mid-sized nonprofit in the Health Care sector that reported $19.5M in total revenue in fiscal year 2023.

Mission

BRETHREN CARE, INC. OPERATES A RETIREMENT COMMUNITY IN OHIO FOR SENIOR INDIVIDUALS PROVIDING LONG-TERM NURSING CARE, INDEPENDENT LIVING, AND ASSISTED LIVING SERVICES.

🔒

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 $15,139

Program Service Revenue $19,401,827

Investment Income $61,933

Other Revenue $1,946

TOTAL REVENUE $19,480,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,389,559

Fundraising Expenses $186

Program Expenses $17,583,080

Other Expenses $7,992,633

TOTAL EXPENSES $19,382,192

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,480,845	$19,127,783	+0.0%
Expenses	$19,382,192	$18,799,276	+0.0%
Net Income	$98,653	$328,507	-0.7%

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

502

Volunteers

150

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

$367,586

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MINDY SCURLOCK	CEO	37.0	Officer	$175,907	$39,360	$215,267
MATTHEW MCFARLAND	CFO	37.0	Officer	$121,178	$31,141	$152,319
Nate Shultz	Trustee	1.0	Director	$0	$0	$0
ANDREW BUSH	Chair	1.0	Officer Director	$0	$0	$0
GAYLE MARTIN	TRUSTEE	1.0	Director	$0	$0	$0
NEIL HINKLE	Immediate Past Chair	1.0	Officer Director	$0	$0	$0
TIM ROWSEY	Vice Chair & Secretary	1.0	Officer Director	$0	$0	$0
DALE STOFFER	Treasurer	1.0	Officer Director	$0	$0	$0
BILL BUCKINGHAM	Trustee	1.0	Director	$0	$0	$0
SANDY ENDERBY	Trustee	1.0	Director	$0	$0	$0
Janenne Yeater	Trustee	1.0	Director	$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	$19,480,845	$19,382,192	$32,585,486	$98,653
2022	$19,127,783	$18,799,276	$31,630,115	$328,507
2021	$18,821,544	$17,703,730	$33,039,248	$1,117,814
2020	$19,121,842	$17,048,633	$31,779,812	$2,073,209
2019	$17,118,362	$17,274,532	$29,910,779	$-156,170
2018	$16,372,473	$16,418,878	$29,862,672	$-46,405

Brethren Care Inc