PENTA NASCENT CORPORATION

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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

1988

Legal Domicile

Principal Officer

DANNY NIEDERHOFER

Tax Period

2023-07-01 to 2024-06-30

PENTA NASCENT CORPORATION, founded in 1988, is a community nonprofit in the Health Care sector that reported $3.7M in total revenue in fiscal year 2023. Expenses of $3.5M left a modest 5% surplus.

Mission

TO OPERATE INTERMEDIATE CARE FACILITIES FOR THE DEVELOPMENTALLY DISABLED. TO DEVELOP RESIDENTS SKILLS TO THEIR HIGHEST FUNCTIONING LEVEL. TO OFFER EACH RESIDENT THE OPPORTUNITY TO DEVELOP WITHIN A FRAMEWORK OF THE LEAST RESTRICTIVE ENVIRONMENT POSSIBLE.

Program Service Accomplishments

Program 1

Expenses: $3,139,717 Revenue: $3,657,018

PROVIDES FOR THE RESIDENTIAL NEEDS OF THE DEVELOPMENTALLY DISABLED IN THE MARION COUNTY, ILLINOIS AREA BY OPERATING THREE 16-BED NURSING FACILITIES.

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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 $265,000

Program Service Revenue $3,392,018

Investment Income $40,560

Other Revenue $18,439

TOTAL REVENUE $3,716,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,425,153

Fundraising Expenses $0

Program Expenses $3,139,717

Other Expenses $1,093,502

TOTAL EXPENSES $3,518,655

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,716,017	$3,686,400	+0.0%
Expenses	$3,518,655	$3,427,648	+0.0%
Net Income	$197,362	$258,752	-0.2%

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

141

Volunteers

N/A

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
GREG REICHENBACHER	VICE-PRESIDENT	1.00	Director	$0	$0	$0
DANNY NIEDERHOFER	PRESIDENT	1.00	Officer Director	$0	$0	$0
JANET KUHL	SECRETARY	1.00	Officer Director	$0	$0	$0
DIANA BRINKMAN	DIRECTOR	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	No data	No data	No data	No data
2024	$3,716,017	$3,518,655	$3,703,455	$197,362
2023	$3,686,400	$3,427,648	$3,467,947	$258,752
2022	$3,242,438	$3,097,410	$3,287,531	$145,028
2021	$3,097,422	$3,066,444	$3,120,148	$30,978
2020	$3,166,156	$3,141,760	$3,201,392	$24,396
2019	$2,444,618	$2,439,970	$3,123,469	$4,648