George Ade Memorial Health Care Center Inc (EIN 351842438) - 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

1991

Legal Domicile

Principal Officer

Scott James

Phone

2192752531

Tax Period

2023-01-01 to 2023-12-31

George Ade Memorial Health Care Center Inc, founded in 1991, is a community nonprofit in the Human Services sector that reported $5.5M in total revenue in fiscal year 2023.

Mission

See page 2

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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 $23,265

Program Service Revenue $5,463,148

Investment Income $2,410

Other Revenue $21,593

TOTAL REVENUE $5,510,416

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,945,982

Fundraising Expenses $0

Program Expenses $5,013,002

Other Expenses $1,546,982

TOTAL EXPENSES $5,492,964

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,510,416	$5,328,202	+0.0%
Expenses	$5,492,964	$5,458,264	+0.0%
Net Income	$17,452	$-130,062	-1.1%

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

140

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

$136,944

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kayla Crews	Member	1.00	Director	$0	$0	$0
Mike Manis	Member	1.00	Director	$0	$0	$0
George Ellis Jr	President	1.00	Director	$0	$0	$0
Lori Deno	Secretary/Treasurer	1.00	Director	$0	$0	$0
Russell Collins Sr	Vice President	1.00	Director	$0	$0	$0
Scott James	Administrator	40.00	Officer	$116,283	$20,661	$136,944
Brigitte Washburn	President	1.00	Director	$0	$0	$0
Brock Iseminger	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
2024	No data	No data	No data	No data
2023	$5,510,416	$5,492,964	$692,437	$17,452
2020	$4,749,516	$4,840,731	$2,067,306	$-91,215
2019	$4,360,908	$4,286,290	$1,242,945	$74,618

George Ade Memorial Health Care Center Inc