THE FRANKLIN UNITED METHODIST HOME INC (EIN 350988712) - 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

1957

Legal Domicile

Principal Officer

J CHRISTOPHER GREEN

Phone

3177367185

Tax Period

2023-01-01 to 2023-12-31

THE FRANKLIN UNITED METHODIST HOME INC, founded in 1957, is a mid-sized nonprofit in the Human Services sector that reported $23.8M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $20.6M left a modest 14% surplus.

Mission

CONTINUING CARE RETIREMENT COMMUNITY THAT PROVIDES HOUSING SERVICES FOR OLDER ADULTS.

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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 $334,278

Program Service Revenue $22,806,702

Investment Income $217,657

Other Revenue $413,981

TOTAL REVENUE $23,772,618

Expense Breakdown

Grants Paid $261,081

Salaries & Benefits $14,102,350

Fundraising Expenses $0

Program Expenses $17,335,147

Other Expenses $6,196,973

TOTAL EXPENSES $20,560,404

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,772,618	$20,178,050	+0.2%
Expenses	$20,560,404	$19,626,246	+0.0%
Net Income	$3,212,214	$551,804	+4.8%

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

620

Volunteers

178

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

$1,810,389

Total Directors

$1,540,934

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JILL WILSON	PRESIDENT/CEO	2.00	Officer Director	$0	$18,445	$656,960
JAMES C GREEN	CFO/TREASURER	2.00	Officer Director	$0	$18,317	$420,235
JASON MILLER	VP SR - LSC	2.00	Officer Director	$0	$14,573	$463,739
WILLIAM BROWNSON	BOARD CHAIR OTTERBEIN HOME	1.00	Director	$0	$0	$0
MEL MILLER	BOARD CHAIR OTTERBEIN HOME (TERM ENDED)	1.00	Director	$0	$0	$0
WALT KOON	BOARD CHAIRMAN	1.00	Officer Director	$0	$0	$0
JENOTHY IRVINE	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
DAVID SWEET	RESIDENT DIRECTOR	1.00	Director	$0	$0	$0
REV ROBERT COLEMAN	RESIDENT DIRECTOR (TERM END 2023)	1.00	Director	$0	$0	$0
DAVID MAURER	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE DERR TERM 2023	DIRECTOR	1.00	Director	$0	$0	$0
STEVE BARNETT	DIRECTOR	1.00	Director	$0	$0	$0
MARLENA BOSWELL	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SEASE	DIRECTOR	1.00	Director	$0	$0	$0
KELLY PITCHER	DIRECTOR	1.00	Director	$0	$0	$0
ANNA MILES	DIRECTOR	1.00	Director	$0	$0	$0
CATHERINE HICKS	EXECUTIVE DIRECTOR	40.00	Officer	$129,917	$6,272	$136,189
SHANNON LOGAN	ADMINISTRATOR	40.00	Officer	$133,266	$0	$133,266
GARY HORNING	VP - MKTG - COMMUNICATIONS	2.00	Highest	$0	$15,182	$289,783
PAMELA RICHMOND	VP CHIEF STRATEGY/DEV	2.00	Highest	$0	$15,037	$310,663
LOIS MILLS	VP OF HUMAN RESOURCES	2.00	Highest	$0	$13,729	$257,126
CATHERINE CHIOVARO	VP - WORKFORCE MGMT	2.00	Highest	$0	$10,066	$299,170
EMILY WEIKERT	VP - CLINICAL QUALITY	2.00	Highest	$0	$14,394	$254,893

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	$23,772,618	$20,560,404	$73,038,124	$3,212,214
2022	$20,178,050	$19,626,246	$69,529,927	$551,804
2021	$21,825,584	$18,168,059	$75,232,007	$3,657,525
2020	$21,717,214	$18,154,520	$70,740,958	$3,562,694
2019	$22,280,969	$18,490,923	$68,025,347	$3,790,046
2018	$19,766,531	$17,266,339	$62,899,597	$2,500,192

THE FRANKLIN UNITED METHODIST HOME INC