AVON LAKE GREATER YEARS CORPORATION (EIN 341337951) - 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

1977

Legal Domicile

Principal Officer

DALE GUTHMAN

Phone

2163375631

Tax Period

2022-01-01 to 2022-12-31

AVON LAKE GREATER YEARS CORPORATION, founded in 1977, is a small nonprofit that reported $379K in total revenue in fiscal year 2022. Revenue fell 53% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $289K, a strong 76% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROVIDE THE ELDERLY WITH AFFORDABLE RENTAL HOUSING AND APPROPRIATE FACILITIES DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF ITS TENANTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $373,883

Investment Income $153

Other Revenue $5,100

TOTAL REVENUE $379,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $82,756

Other Expenses $90,461

TOTAL EXPENSES $90,461

Year-over-Year Comparison

	2022	2021	Change
Revenue	$379,136	$804,060	-0.5%
Expenses	$90,461	$2,261,860	-1.0%
Net Income	$288,675	$-1,457,800	-1.2%

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

N/A

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
JOEL KRUECK	PRESIDENT	1.00	Officer	$0	$0	$0
DENNIS POTONIC	VICE PRESIDE	1.00	Officer	$0	$0	$0
DALE GUTHMAN	TREASURER	1.00	Officer	$0	$0	$0
BETTY WAGNER	SECRETARY	1.00	Officer	$0	$0	$0
DON ARNOLD	BOARD MEMBER	1.00	Director	$0	$0	$0
DARREL BILANCINI	BOARD MEMBER	1.00	Director	$0	$0	$0
KRISTEN BOLL	BOARD MEMBER	1.00	Director	$0	$0	$0
MEGAN BURMEISTER	BOARD MEMBER	1.00	Director	$0	$0	$0
EILEEN WOZNIAK	BOARD MEMBER	1.00	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
2022	$379,136	$90,461	$1,258,670	$288,675
2021	$804,060	$2,261,860	$1,281,763	$-1,457,800

AVON LAKE GREATER YEARS CORPORATION