NORWOOD LIFE CARE FOUNDATION- B (EIN 363558526) - 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

1909

Legal Domicile

Principal Officer

SILVIA MORICI

Phone

7736314856

Tax Period

2024-01-01 to 2024-12-31

NORWOOD LIFE CARE FOUNDATION- B, founded in 1909, is a small nonprofit that reported $968K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $589K, a strong 61% operating margin.

Mission

THE PURPOSE OF THE NORWOOD LIFE CARE FOUNDATION IS TO MANAGE FUNDRAISING AND INVESTMENTS FOR RELATED NOT FOR PROFIT ORGANIZATIONS.

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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 $160,133

Program Service Revenue $0

Investment Income $557,996

Other Revenue $249,871

TOTAL REVENUE $968,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $209,168

Fundraising Expenses $348,421

Other Expenses $169,421

TOTAL EXPENSES $378,589

Year-over-Year Comparison

	2024	2023	Change
Revenue	$968,000	$840,635	+0.2%
Expenses	$378,589	$392,996	0.0%
Net Income	$589,411	$447,639	+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

Volunteers

116

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

$611,536

Total Directors

Key Employees

$231,422

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID HOYEM	DIRECTOR	1.00	Director	$0	$0	$0
DORIS PAPE	SECRETARY/ TREASURER	1.00	Officer Director	$0	$0	$0
INGRID FORSBERG	DIRECTOR	1.00	Director	$0	$0	$0
KIM KIDD	DIRECTOR	1.00	Director	$0	$0	$0
LARS OHRSTROM	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE SILCA	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARTHA PETERSON	IMMEDIATE PAST CHAIR	1.00	Director	$0	$0	$0
TIMOTHY KELLY	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
LINDA HORWITZ	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD STEFFENS	CFO	9.00	Officer	$0	$24,764	$274,826
SILVIA MORICI	CEO	9.00	Officer	$0	$21,809	$336,710
MARY JO BADE	CORP CLINICAL SERV DIR	1.00	Key Emp	$0	$11,351	$231,422

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	$968,000	$378,589	$16,572,547	$589,411
2023	$840,635	$392,996	$19,210,726	$447,639
2022	$875,451	$435,790	$21,122,899	$439,661
2021	$1,060,669	$312,595	$22,162,712	$748,074
2020	$1,008,268	$390,564	$22,135,770	$617,704
2019	$902,221	$357,943	$22,437,124	$544,278
2018	$954,489	$146,327	$21,523,291	$808,162

NORWOOD LIFE CARE FOUNDATION- B