SHOLOM HOME WEST INC (EIN 363570759) - 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

1986

Legal Domicile

Principal Officer

JIM NEWBROUGH

Phone

9529356311

Tax Period

2023-10-01 to 2024-09-30

SHOLOM HOME WEST INC, founded in 1986, is a mid-sized nonprofit that reported $21.5M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

NURSING HOME 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 (2023)

Revenue Breakdown

Contributions & Grants $1,201,373

Program Service Revenue $20,246,979

Investment Income $22,197

Other Revenue $41,317

TOTAL REVENUE $21,511,866

Expense Breakdown

Grants Paid $57,338

Salaries & Benefits $13,233,489

Fundraising Expenses $0

Program Expenses $19,319,762

Other Expenses $8,566,000

TOTAL EXPENSES $21,856,827

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,511,866	$17,123,527	+0.3%
Expenses	$21,856,827	$20,342,775	+0.1%
Net Income	$-344,961	$-3,219,248	-0.9%

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

225

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

$949,585

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB MEICHES MD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID NIRENSTEIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
DOUG WEISSMAN	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY PIEROTTI	DIRECTOR	1.00	Director	$0	$0	$0
JERRY RUDICK	DIRECTOR	1.00	Director	$0	$0	$0
JON STONE	DIRECTOR	1.00	Director	$0	$0	$0
KIM WOLSON	DIRECTOR	1.00	Director	$0	$0	$0
LAYNE ROSEN	SECRETARY	1.00	Officer Director	$0	$0	$0
LINDA STEIN	DIRECTOR	1.00	Director	$0	$0	$0
LISA EDSTROM	DIRECTOR (RESIGNED 1/30/2024)	1.00	Director	$0	$0	$0
LISA FURMAN	DIRECTOR	1.00	Director	$0	$0	$0
MARC SALITA	DIRECTOR	1.00	Director	$0	$0	$0
MIKE RESIG	DIRECTOR	1.00	Director	$0	$0	$0
PAUL SCHANFIELD	DIRECTOR	1.00	Director	$0	$0	$0
RENEE LAMPERT	TREASURER	1.00	Officer Director	$0	$0	$0
SCOTT SEILER	DIRECTOR	1.00	Director	$0	$0	$0
SHERYL RUTZICK	DIRECTOR	1.00	Director	$0	$0	$0
SONIA UNGERMAN	DIRECTOR	1.00	Director	$0	$0	$0
ANN THOLE	COO	5.00	Officer	$0	$7,894	$257,384
BARB KLICK	CEO	5.00	Officer	$0	$22,194	$419,730
DAVID BERRYMAN	CFO	5.00	Officer	$0	$17,686	$272,471
JIM NEWBROUGH	CEO	5.00	Officer	$0	$0	$0
AICHA TALBI	RN	40.00	Highest	$156,131	$182	$156,313
ANDREA HORVATH	ADMINISTRATOR	40.00	Highest	$151,254	$23,552	$174,806
MAMA GOLO	LPN	40.00	Highest	$161,637	$17,597	$179,234
ROGERS OGWAYA	RN	40.00	Highest	$135,317	$1,279	$136,596
VINCENT NYAOSI	RN	40.00	Highest	$121,997	$3,838	$125,835

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	$21,511,866	$21,856,827	$9,767,973	$-344,961
2023	$17,123,527	$20,342,775	$9,457,721	$-3,219,248
2022	$15,219,033	$19,104,372	$8,393,662	$-3,885,339
2021	$15,585,899	$16,542,705	$13,898,691	$-956,806
2020	$17,789,857	$17,386,338	$12,801,996	$403,519
2019	$17,173,934	$16,463,035	$11,931,054	$710,899
2018	$17,852,795	$17,173,355	$11,009,284	$679,440

SHOLOM HOME WEST INC