RACHEL SOVEREIGN MEMORIAL HOME (EIN 381360591) - 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

1958

Legal Domicile

Principal Officer

KAREN NEILL

Phone

9898936890

Tax Period

2023-11-01 to 2024-10-31

RACHEL SOVEREIGN MEMORIAL HOME, founded in 1958, is a small nonprofit in the Human Services sector that reported $926K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $864K left a modest 7% surplus.

Mission

TO PROVIDE A FACILITY FOR HOUSING, FEEDING, AND CARING OF ELDERLY WOMEN.

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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 $74,708

Program Service Revenue $771,455

Investment Income $77,878

Other Revenue $1,976

TOTAL REVENUE $926,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $611,105

Fundraising Expenses $0

Program Expenses $792,790

Other Expenses $253,102

TOTAL EXPENSES $864,207

Year-over-Year Comparison

	2023	2022	Change
Revenue	$926,017	$853,803	+0.1%
Expenses	$864,207	$851,520	+0.0%
Net Income	$61,810	$2,283	+26.1%

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

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
MARY DONNELLY	ASST. RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
ELIZABETH MARTIN	ASST. CORRESPONDING SECRET	1.00	Officer Director	$0	$0	$0
DENISE MCQUILLAN	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
MICHELLE MARTIN	TREASURER	1.00	Officer Director	$0	$0	$0
CRYSTAL WACKERLY	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
ANN BOOMS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CATHY LALONDE	TRUSTEE	1.00	Director	$0	$0	$0
KAREN NEILL	PRESIDENT	1.00	Officer Director	$0	$0	$0
CAROL JULIAN	CORRESPONDING SECRETARY	1.00	Officer Director	$0	$0	$0
BARBARA BIERLEIN	TRUSTEE	1.00	Director	$0	$0	$0
YVONNE MOULTHROP	TRUSTEE	1.00	Director	$0	$0	$0
BETH BOUTELL	TRUSTEE	1.00	Director	$0	$0	$0
SUE DAVID	TRUSTEE	1.00	Director	$0	$0	$0
VICKIE ROLLER	TRUSTEE	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	$926,017	$864,207	$1,032,797	$61,810
2023	$853,803	$851,520	$868,913	$2,283
2022	$858,712	$804,711	$853,016	$54,001
2021	$648,692	$665,494	$969,784	$-16,802
2020	$648,628	$615,566	$883,680	$33,062
2019	$468,645	$539,478	$836,642	$-70,833
2018	$459,224	$541,521	$870,797	$-82,297

RACHEL SOVEREIGN MEMORIAL HOME