DR KATE NEWCOMB CONVALESCENT CENTER INC (EIN 391357365) - 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

1980

Legal Domicile

Phone

3147338000

Tax Period

2020-07-01 to 2021-06-30

DR KATE NEWCOMB CONVALESCENT CENTER INC, founded in 1980, is a small nonprofit that reported $138K in total revenue in fiscal year 2020. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $237K exceeded revenue, resulting in a 72% operating deficit.

Mission

TO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES WE SERVE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $131,911

Investment Income $6,324

Other Revenue $0

TOTAL REVENUE $138,235

Expense Breakdown

Grants Paid $0

Salaries & Benefits $206,504

Fundraising Expenses $0

Program Expenses $237,243

Other Expenses $30,739

TOTAL EXPENSES $237,243

Year-over-Year Comparison

	2020	2019	Change
Revenue	$138,235	$437,316	-0.7%
Expenses	$237,243	$641,544	-0.6%
Net Income	$-99,008	$-204,228	-0.5%

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

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

$1,222,086

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CHAIR	1.0	Officer Director	$0	$0	$0
N/A	VICE CHAIR	1.0	Officer Director	$0	$0	$0
N/A	SECRETARY/TREASURER	1.0	Officer Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	CFO, MINISTRY MARKET	0.0	Officer	$0	$47,499	$915,715
N/A	CHIEF ADMINISTRATIVE OFFICER	0.0	Officer	$0	$39,678	$306,371
N/A	FORMER KEY EMPLOYEE (END 7/2016)	0.0		$0	$31,968	$271,182

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
2021	$138,235	$237,243	$4,414	$-99,008
2020	$437,316	$641,544	$215,701	$-204,228
2019	$597,756	$834,376	$270,047	$-236,620
2018	$691,426	$642,444	$284,991	$48,982

DR KATE NEWCOMB CONVALESCENT CENTER INC