RESIDENCE LIVING OF TRUMBULL COUNTY INC (EIN 341789698) - 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

1994

Legal Domicile

Principal Officer

JOHN VOGT

Phone

3306529800

Tax Period

2024-01-01 to 2024-12-31

RESIDENCE LIVING OF TRUMBULL COUNTY INC, founded in 1994, is a small nonprofit in the Human Services sector that reported $336K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $324K left a modest 4% surplus.

Mission

SUPPORTED LIVING SERVICES AND HOUSING TO INDIVIDUALS IN TRUMBULL COUNTY WITH MENTAL DISABILITIES.

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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 $0

Program Service Revenue $213,032

Investment Income $122,894

Other Revenue $51

TOTAL REVENUE $335,977

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $322,814

Other Expenses $323,814

TOTAL EXPENSES $323,814

Year-over-Year Comparison

	2024	2023	Change
Revenue	$335,977	$252,616	+0.3%
Expenses	$323,814	$180,353	+0.8%
Net Income	$12,163	$72,263	-0.8%

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

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
BRETT CARNAHAN	VICE PRESIDE	N/A	Director	$0	$0	$0
DANIEL COOK	TREASURER	N/A	Director	$0	$0	$0
PATTY MILLER	SECRETARY	N/A	Director	$0	$0	$0
JOE VEROSTKO	PRESIDENT	N/A	Director	$0	$0	$0
JOHN VOGT	EXECUTIVE DI	N/A	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	$335,977	$323,814	$6,853,914	$12,163
2023	$252,616	$180,353	$6,846,868	$72,263
2022	$147,072	$187,173	$6,773,045	$-40,101
2021	$160,970	$256,515	$6,813,059	$-95,545
2020	$195,080	$420,260	$6,907,666	$-225,180
2019	$774,311	$617,840	$7,170,851	$156,471
2018	$793,179	$144,594	$7,020,930	$648,585

RESIDENCE LIVING OF TRUMBULL COUNTY INC