FREELANDVILLE COMMUNITY HOME INC (EIN 351083578) - 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

1962

Legal Domicile

Principal Officer

STACY BLUE

Phone

8123282134

Tax Period

2024-01-01 to 2024-12-31

FREELANDVILLE COMMUNITY HOME INC, founded in 1962, is a community nonprofit in the Health Care sector that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $2.4M left a modest 11% surplus.

Mission

TO PROVIDE ROOM, BOARD, AND NURSING CARE SERVICES AND ACTIVITIES TO ELDERLY CITIZENS OF KNOX COUNTY, INDIANA AND SURROUNDING COMMUNITIES.

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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 $2,393,337

Investment Income $113,521

Other Revenue $220,901

TOTAL REVENUE $2,727,759

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,994,464

Fundraising Expenses $0

Program Expenses $2,298,407

Other Expenses $421,651

TOTAL EXPENSES $2,416,115

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,727,759	$2,291,661	+0.2%
Expenses	$2,416,115	$2,245,004	+0.1%
Net Income	$311,644	$46,657	+5.7%

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

104

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
LAURA L JONES	PRESIDENT	N/A	Officer Director	$0	$0	$0
JANA M NEUKAM	BOARD MEMBER	N/A	Director	$0	$0	$0
WILMA ROBBINS	BOARD MEMBER	N/A	Director	$0	$0	$0
LAUREN BOUCHIE	BOARD MEMBER	N/A	Director	$0	$0	$0
BONNIE ORGAN	BOARD MEMBER	N/A	Director	$0	$0	$0
BRYON L HARTING	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
HANNAH SUMMERS	BOARD MEMBER	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	$2,727,759	$2,416,115	$1,664,308	$311,644
2023	$2,291,661	$2,245,004	$1,422,019	$46,657
2022	$1,873,004	$1,844,178	$1,375,621	$28,826
2021	$1,237,850	$1,761,729	$1,357,248	$-523,879
2020	$2,180,252	$1,870,373	$1,929,718	$309,879
2019	$1,915,762	$1,719,106	$1,607,393	$196,656
2018	$1,609,104	$1,696,749	$1,412,113	$-87,645

FREELANDVILLE COMMUNITY HOME INC