MUNSON HOME SERVICES (EIN 382543463) - 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

1984

Legal Domicile

Principal Officer

SHARI WILSON

Phone

2319357777

Tax Period

2023-07-01 to 2024-06-30

MUNSON HOME SERVICES, founded in 1984, is a community nonprofit in the Health Care sector that reported $4.4M in total revenue in fiscal year 2023. Expenses of $5.4M exceeded revenue, resulting in a 25% operating deficit.

Mission

MUNSON HOME SERVICES PROVIDES EXCELLENT INDIVIDUALIZED PERSONAL ASSISTANCE SERVICES DESIGNED FOR INDEPENDENT LIVING. THE PURPOSES FOR WHICH MUNSON HOME SERVICES IS ORGANIZED ARE: (1) TO PROVIDE HOME OXYGEN, RESPIRATORY AND RELATED HOME MEDICAL EQUIPMENT SERVICES; (2) TO PROVIDE HOME PRIVATE DUTY SERVICES FOR THE AGED, INFIRMED, SICK AND DISABLED, INCLUDING BUT NOT LIMITED TO PROFESSIONAL, SKILLED AND UNSKILLED, MEDICAL, NURSING AND SUPPORT SERVICES; (3) TO PROVIDE PROFESSIONAL, MEDICAL, NURSING AND SUPPORT SERVICES FOR THE TERMINALLY ILL. IN THE FURTHERANCE OF ALL SUCH PURPOSES, MUNSON HOME SERVICES OPERATES ON A NOT-FOR-PROFIT, TAX-EXEMPT BASIS. MUNSON HOME SERVICES OWNS, LEASES, SUPPLIES AND MAINTAINS EQUIPMENT AND OTHER REAL AND PERSONAL PROPERTY FOR THE BENEFIT OF AND IN THE FURTHERANCE OF THE CHARITABLE PURPOSES OF MUNSON HEALTHCARE, A MICHIGAN NONPROFIT CORPORATION.

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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 $0

Program Service Revenue $3,594,515

Investment Income $-45,033

Other Revenue $805,745

TOTAL REVENUE $4,355,227

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,678,583

Fundraising Expenses $6,879

Program Expenses $4,384,168

Other Expenses $2,753,231

TOTAL EXPENSES $5,431,814

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,355,227	$4,240,571	+0.0%
Expenses	$5,431,814	$5,083,877	+0.1%
Net Income	$-1,076,587	$-843,306	+0.3%

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

N/A

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

$1,359,119

Total Directors

$915,698

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL KONOPACKI	CFO	2.00	Officer	$0	$86,525	$806,567
KELLY TOMASZEWSKI	DIRECTOR	1.00	Director	$0	$65,475	$363,146
SHARI WILSON	PRESIDENT	2.00	Officer Director	$0	$57,345	$335,691
KATHLEEN MALY	FORMER INTER	N/A		$0	$7,314	$229,436
DAWN HALLECK	SECRETARY/TR	2.00	Officer Director	$0	$41,632	$216,861

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	$4,355,227	$5,431,814	$2,727,126	$-1,076,587
2023	$4,240,571	$5,083,877	$3,864,191	$-843,306
2022	$5,412,478	$6,163,043	$5,087,282	$-750,565
2021	$6,114,880	$6,683,709	$5,242,672	$-568,829
2020	$6,030,963	$6,967,598	$4,536,008	$-936,635
2019	$6,057,124	$6,351,917	$3,566,134	$-294,793
2018	$5,876,870	$6,299,536	$3,855,355	$-422,666

MUNSON HOME SERVICES