Retirement Living Inc (EIN 351393773) - 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

1979

Legal Domicile

Phone

3178759700

Tax Period

2023-01-01 to 2023-12-31

Retirement Living Inc, founded in 1979, is a mid-sized nonprofit in the Human Services sector that reported $36.0M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

RETIREMENT LIVING, INC. IS A NONPROFIT CONTINUING CARE RETIREMENT COMMUNITY, PROVIDING SENIORS WITH THE HIGHEST QUALITY OF CARE AND SERVICES AND HONORING THEIR DIGNITY AND INDEPENDENCE.

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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 $180,000

Program Service Revenue $34,726,786

Investment Income $992,433

Other Revenue $122,759

TOTAL REVENUE $36,021,978

Expense Breakdown

Grants Paid $641,985

Salaries & Benefits $17,680,752

Fundraising Expenses $0

Program Expenses $32,561,598

Other Expenses $19,254,744

TOTAL EXPENSES $37,577,481

Year-over-Year Comparison

	2023	2022	Change
Revenue	$36,021,978	$33,262,197	+0.1%
Expenses	$37,577,481	$34,461,187	+0.1%
Net Income	$-1,555,503	$-1,198,990	+0.3%

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

389

Volunteers

200

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

$16,900

Total Directors

$51,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Treasurer	1.0	Officer Director	$3,600	$0	$3,600
N/A	President	1.0	Officer Director	$5,700	$0	$5,700
N/A	Vice President	1.0	Officer Director	$3,900	$0	$3,900
N/A	Secretary	1.0	Officer Director	$3,700	$0	$3,700
N/A	Director	1.0	Director	$3,000	$0	$3,000
N/A	Director	1.0	Director	$4,700	$0	$4,700
N/A	Director	1.0	Director	$3,600	$0	$3,600
N/A	Director (As of September 2023)	1.0	Director	$800	$0	$800
N/A	Director	1.0	Director	$2,900	$0	$2,900
N/A	Director	1.0	Director	$1,600	$0	$1,600
N/A	Director	1.0	Director	$2,300	$0	$2,300
N/A	Director	1.0	Director	$5,300	$0	$5,300
N/A	Director	1.0	Director	$3,400	$0	$3,400
N/A	Director (Partial Year)	1.0	Director	$4,400	$0	$4,400
N/A	Director	1.0	Director	$2,600	$0	$2,600
N/A	Executive Director (Through November 2023)	40.0	Officer	$0	$0	$0
N/A	Health Care Administrator	40.0	Officer	$0	$0	$0
N/A	Director of Nursing	40.0	Highest	$111,770	$36,096	$147,866
N/A	Marketing Director	40.0	Highest	$105,315	$36,219	$141,534
N/A	Food and Beverage Director	40.0	Highest	$139,700	$19,703	$159,403
N/A	Residency Counselor	40.0	Highest	$141,740	$36,219	$177,959
N/A	LPN	75.0	Highest	$114,493	$27,577	$142,070

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	$36,021,978	$37,577,481	$137,746,850	$-1,555,503
2022	$33,262,197	$34,461,187	$138,450,323	$-1,198,990
2021	$35,528,321	$30,428,126	$141,539,100	$5,100,195
2020	$31,025,679	$30,913,651	$136,444,279	$112,028
2019	$32,336,339	$33,569,810	$130,459,259	$-1,233,471
2018	$31,920,665	$32,554,838	$117,392,061	$-634,173

Retirement Living Inc