MORROW MEMORIAL HOME FOR THE AGED INC

EIN: 390832605 501(c)(3) Human Services

SPARTA, WI

Total Revenue
$14,120,794
Total Expenses
$13,006,756
Total Assets
$28,422,629
Net Assets
$10,676,529
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1917
Legal Domicile
WI
Principal Officer
DANIEL MEYER
Phone
6082693168
Tax Period
2023-01-01 to 2023-12-31

MORROW MEMORIAL HOME FOR THE AGED INC, founded in 1917, is a mid-sized nonprofit in the Human Services sector that reported $14.1M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $13.0M left a modest 8% surplus.

Mission

NURSING FACILITY, ASSISTED LIVING UNITS, INDEPENDENT HOUSING, COMMUNITY RESIDENTIAL FACILITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $141,338
Program Service Revenue $12,816,590
Investment Income $194,009
Other Revenue $968,857
TOTAL REVENUE $14,120,794

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,299,735
Fundraising Expenses $0
Program Expenses $11,363,125
Other Expenses $4,707,021
TOTAL EXPENSES $13,006,756

Year-over-Year Comparison

2023 2022 Change
Revenue $14,120,794 $12,396,984 +0.1%
Expenses $13,006,756 $12,082,732 +0.1%
Net Income $1,114,038 $314,252 +2.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
21
Independent Members
21
Employees
320
Volunteers
40

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
6
$292,427
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEB SMITH PRESIDENT 1.00
Officer Director
$0 $0 $0
PETE FOSS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BRYAN SIMONSON TREASURER 1.00
Officer Director
$0 $0 $0
SUZANNE HOFFMAN SECRETARY 1.00
Officer Director
$0 $0 $0
GARY EDWARDS FINANCE/PERSONNEL COMMITTEE 0.50
Director
$0 $0 $0
KATHY ROWAN FINANCE/PERSONNEL COMMITTEE 0.50
Director
$0 $0 $0
MIKE KELLY FINANCE/PERSONNEL COMMITTEE 0.50
Director
$0 $0 $0
CHERYL WEBER FINANCE/PERSONNEL COMMITTEE 0.50
Director
$0 $0 $0
MARJORIE LAKOWSKE FINANCE/PERSONNEL COMMITTEE 1.00
Director
$0 $0 $0
PEGGY WRIGHT FINANCE/PERSONNEL COMMITTEE 1.00
Director
$0 $0 $0
KURT MARSHAUS PROPERTY/DEVELOPMENT COMMITTEE 1.00
Director
$0 $0 $0
ROB MUBARACK PROPERTY/DEVELOPMENT COMMITTEE 1.00
Director
$0 $0 $0
JIM DEVOE PROPERTY/DEVELOPMENT COMMITTEE 1.00
Director
$0 $0 $0
DICK GAJEWSKY PROPERTY/DEVELOPMENT COMMITTEE 1.00
Director
$0 $0 $0
RANDY ABBOTT PROPERTY/DEVELOPMENT COMMITTEE 1.00
Director
$0 $0 $0
TODD FAHNING PROPERTY/DEVELOPMENT COMMITTEE 1.00
Director
$0 $0 $0
DEB PAGE PROPERTY/DEVELOPMENT COMMITTEE 0.50
Director
$0 $0 $0
TONI POLKOSKI RESIDENT SERVICES CHAIR 2.00
Director
$0 $0 $0
MAXINE GUDBAUR RESIDENT SERVICES COMMITTEE 1.00
Director
$0 $0 $0
PAM PHILLIPS RESIDENT SERVICES COMMITTEE 1.00
Director
$0 $0 $0
DARRELL ZIETLOW RESIDENT SERVICES COMMITTEE 1.00
Director
$0 $0 $0
PASTOR HAE-JEONG YOON REVERAND 0.50
Director
$0 $0 $0
DANIEL MEYER CHIEF EXECUTIVE OFFICER 40.00
Officer
$163,594 $6,636 $170,230
NIKKI SUND FINANCE DIRECTOR 40.00
Officer
$86,054 $36,143 $122,197
MALLORY YORK KEMNITZ DIRECTOR OF NURSING 40.00
Highest
$119,378 $14,211 $133,589
JENNIFER BRIESKE NURSING HOME ADMIN 40.00
Highest
$127,169 $4,460 $131,629
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 No data No data No data No data
2023 $14,120,794 $13,006,756 $28,422,629 $1,114,038
2022 $12,396,984 $12,082,732 $27,243,192 $314,252
2021 $11,288,472 $10,854,861 $27,711,357 $433,611
2020 $12,198,110 $10,806,599 $19,091,720 $1,391,511
2019 $11,053,571 $10,185,758 $14,807,617 $867,813
2018 $10,789,126 $10,430,509 $13,896,739 $358,617
Explore More Nonprofits
→Top 100 Nonprofits in Wisconsin →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MORROW MEMORIAL HOME FOR THE AGED INC with other nonprofits in Wisconsin and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.