ADELINE E PROUTY TESTAMENTARY TRUST (EIN 362193614) - 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

1906

Legal Domicile

Phone

8158722261

Tax Period

2024-01-01 to 2024-12-31

ADELINE E PROUTY TESTAMENTARY TRUST, founded in 1906, is a community nonprofit in the Health Care sector that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $2.4M exceeded revenue, resulting in a 25% operating deficit.

Mission

SHELTERED CARE HOME FOR THE AGED AND HOUSING FOR THE ELDERLY.

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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 $9,407

Program Service Revenue $1,603,966

Investment Income $62,209

Other Revenue $228,688

TOTAL REVENUE $1,904,270

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,686,612

Fundraising Expenses $0

Program Expenses $2,337,231

Other Expenses $702,707

TOTAL EXPENSES $2,389,319

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,904,270	$2,923,180	-0.3%
Expenses	$2,389,319	$2,239,088	+0.1%
Net Income	$-485,049	$684,092	-1.7%

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

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

$30,720

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM BENEKE	Trustee	2.00	Director	$6,144	$0	$6,144
CHARLES HANSON	Trustee	2.00	Director	$6,144	$0	$6,144
GARY C BRUCE	Trustee	2.00	Director	$6,144	$0	$6,144
TIMOTHY HARRIS	Trustee	2.00	Director	$6,144	$0	$6,144
TRACY GRIMMER	Trustee	2.00	Director	$6,144	$0	$6,144

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	$1,904,270	$2,389,319	$6,647,099	$-485,049
2023	$2,923,180	$2,239,088	$7,062,021	$684,092
2022	$1,822,639	$2,210,487	$6,339,778	$-387,848
2021	$2,633,209	$2,354,995	$6,964,965	$278,214
2020	$1,881,516	$2,279,309	$7,087,121	$-397,793
2019	$2,097,125	$2,148,931	$7,167,256	$-51,806

ADELINE E PROUTY TESTAMENTARY TRUST