MATHER PLACE (EIN 363776145) - 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

MARY SCHOEGGL

Phone

8474927500

Tax Period

2023-01-01 to 2023-12-31

MATHER PLACE, founded in 1991, is a community nonprofit that reported $9.8M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $11.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

MATHER PLACE IS A NOT-FOR-PROFIT SENIOR LIVING COMMUNITY THAT ENHANCES THE (CONTINUED ON SCHEDULE O) LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL.

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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 $0

Program Service Revenue $9,803,445

Investment Income $0

Other Revenue $0

TOTAL REVENUE $9,803,445

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,972,721

Other Expenses $11,138,468

TOTAL EXPENSES $11,138,468

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,803,445	$8,832,662	+0.1%
Expenses	$11,138,468	$10,381,110	+0.1%
Net Income	$-1,335,023	$-1,548,448	-0.1%

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

N/A

Employees

N/A

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

$3,748,380

Total Directors

$5,129,305

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY G LEARY	PRESIDENT & CEO	0.10	Officer Director	$0	$184,522	$2,531,605
MARY SCHOEGGL	CFO - AS OF 10/2023	0.10	Officer Director	$0	$3,166	$90,391
DAVID MURLETTE	SVP SR. LIVING	0.10	Director	$0	$49,365	$729,956
CHRISTOPHER MANELLA	SVP FINANCE & TREASURER	0.10	Director	$0	$58,483	$485,066
YVONNE JUNG	SVP HR THRU 9/23; DIR HR THRU 11/23	0.10	Director	$0	$34,329	$432,983
CAROL L SUSSENBACH	CFO & TREASURER - THRU 04/2023	0.10	Officer Director	$0	$41,432	$859,304
JULIE RIGGS	SECRETARY	0.10	Officer	$0	$50,115	$267,080
MARY SULLIVAN	FORMER SVP HUMAN RESOURCES	0.00		$0	$2,835	$619,159

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	$9,803,445	$11,138,468	$26,081,866	$-1,335,023
2022	$8,832,662	$10,381,110	$27,236,381	$-1,548,448
2021	$9,483,356	$10,334,949	$28,895,783	$-851,593
2020	$9,689,662	$10,980,365	$30,432,007	$-1,290,703
2019	$10,443,992	$11,759,400	$32,533,882	$-1,315,408
2018	$10,086,067	$11,655,738	$34,110,103	$-1,569,671

MATHER PLACE