GRANDVILLE SENIOR HOUSING CORP (EIN 382420776) - 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

Principal Officer

DUANE FRENS

Phone

6169401060

Tax Period

2024-07-01 to 2025-06-30

GRANDVILLE SENIOR HOUSING CORP is a small nonprofit in the Housing & Shelter sector that reported $490K in total revenue in fiscal year 2024. Expenses of $817K exceeded revenue, resulting in a 67% operating deficit.

Mission

TO PROVIDE HIGH-QUALITY AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY PERSONS IN GRANDVILLE, MICHIGAN AREA.

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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 $304,365

Program Service Revenue $180,152

Investment Income $5,021

Other Revenue $637

TOTAL REVENUE $490,175

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,302

Fundraising Expenses $0

Program Expenses $701,016

Other Expenses $689,680

TOTAL EXPENSES $816,982

Year-over-Year Comparison

	2024	2023	Change
Revenue	$490,175	N/A	N/A
Expenses	$816,982	N/A	N/A
Net Income	$-326,807	N/A	N/A

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
DUANE FRENS	PRESIDENT	3.00	Officer Director	$0	$0	$0
JIM BAER	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
MART LANTINGA	TREASURER	2.00	Officer Director	$0	$0	$0
PAUL BRINKS	SECRETARY	2.00	Officer Director	$0	$0	$0
CLARK MATTHEWS	DIRECTOR	1.00	Director	$0	$0	$0
JACK MANDERS	DIRECTOR	1.00	Director	$0	$0	$0
KEN PLOEG	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH VANDER HEIDE	DIRECTOR	1.00	Director	$0	$0	$0
VALERIE WESTRICK	DIRECTOR	1.00	Director	$0	$0	$0
LARRY KUIPERS	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
2025	$490,175	$816,982	$3,032,069	$-326,807
2024	$390,781	$429,904	$1,492,122	$-39,123
2023	$376,800	$421,032	$1,555,933	$-44,232
2022	$369,993	$392,495	$1,629,160	$-22,502
2021	$360,545	$428,570	$1,692,109	$-68,025
2020	$360,274	$409,998	$1,768,887	$-49,724

GRANDVILLE SENIOR HOUSING CORP