MASON CITY AREA NURSING HOME ASSOCIATION INC (EIN 371168043) - 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

1989

Legal Domicile

Principal Officer

REV JIM SPRINKEL

Phone

2174825022

Tax Period

2024-01-01 to 2024-12-31

MASON CITY AREA NURSING HOME, founded in 1989, is a community nonprofit in the Health Care sector that reported $4.4M in total revenue in fiscal year 2018. Revenue decreased 8% compared to the prior year.

Mission

NURSING HOME OPERATIONS

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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 $6,223

Program Service Revenue $6,005,076

Investment Income $16,179

Other Revenue $9,444

TOTAL REVENUE $6,036,922

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,406,804

Fundraising Expenses $15,751

Program Expenses $4,773,075

Other Expenses $2,674,356

TOTAL EXPENSES $6,081,160

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,036,922	$5,476,262	+0.1%
Expenses	$6,081,160	$5,632,960	+0.1%
Net Income	$-44,238	$-156,698	-0.7%

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

129

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BONNIE DUNKER	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT GRIFFIN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KRAIG KRUSE	DIRECTOR	1.00	Director	$0	$0	$0
KATE NUNN	DIRECTOR	1.00	Director	$0	$0	$0
KAREN RENKEN	SECRETARY	1.00	Officer Director	$0	$0	$0
REV JIM SPRINKEL	PRESIDENT	1.00	Officer Director	$0	$0	$0
PATTI STRADER	DIRECTOR	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	$6,036,922	$6,081,160	$2,814,582	$-44,238
2023	$5,476,262	$5,632,960	$2,752,977	$-156,698
2022	$5,080,758	$5,402,320	$2,953,761	$-321,562
2021	$4,973,052	$4,754,661	$3,455,063	$218,391
2020	$4,461,112	$4,720,652	$3,249,962	$-259,540
2019	$4,417,756	$4,555,235	$3,199,382	$-137,479
2018	$4,356,013	$4,607,986	$3,354,057	$-251,973

MASON CITY AREA NURSING HOME ASSOCIATION INC