PIATT COUNTY NURSING HOME FOUNDATION (EIN 371201516) - 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

KENNETH WRIGHT

Phone

2177952331

Tax Period

2024-12-01 to 2025-11-30

PIATT COUNTY NURSING HOME FOUNDATION, founded in 1986, is a small nonprofit in the Health Care sector that reported $320K in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $298K left a modest 7% surplus.

Mission

MAKE PAYMENTS TO PIATT COUNTY NURSING HOME

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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 $106,924

Program Service Revenue $0

Investment Income $196,776

Other Revenue $16,479

TOTAL REVENUE $320,179

Expense Breakdown

Grants Paid $212,676

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $212,676

Other Expenses $85,758

TOTAL EXPENSES $298,434

Year-over-Year Comparison

	2024	2023	Change
Revenue	$320,179	$188,296	+0.7%
Expenses	$298,434	$401,317	-0.3%
Net Income	$21,745	$-213,021	-1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRYSTAL ALEXANDER	SECRETARY	1.00	Officer Director	$0	$0	$0
JULIE GLAWE	DIRECTOR	1.00	Director	$0	$0	$0
KATHY LATTZ	TREASURER	1.00	Officer Director	$0	$0	$0
CHARLES MONTGOMERY	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT PORTER	DIRECTOR	1.00	Director	$0	$0	$0
JULIE REED	DIRECTOR	1.00	Director	$0	$0	$0
TERESA STOERGER	DIRECTOR	1.00	Director	$0	$0	$0
RON WEISHAAR	DIRECTOR	1.00	Director	$0	$0	$0
DIANE WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH WRIGHT	PRESIDENT	1.00	Officer Director	$0	$0	$0
GARRY ZACKERY	VICE PRESIDE	1.00	Officer 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
2025	$320,179	$298,434	$1,179,981	$21,745
2024	$188,296	$401,317	$1,274,884	$-213,021
2023	$233,549	$268,966	$1,403,208	$-35,417
2022	$143,147	$269,641	$1,446,614	$-126,494
2021	$622,032	$130,718	$1,698,316	$491,314
2020	$106,047	$90,346	$1,184,199	$15,701
2019	$126,600	$103,422	$1,141,369	$23,178
2018	$166,965	$100,461	$1,086,234	$66,504

PIATT COUNTY NURSING HOME FOUNDATION