VENNEVOLL INC (EIN 391524857) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

KRIS KRENTZ

Phone

6088735651

Tax Period

2023-01-01 to 2023-12-31

VENNEVOLL INC, founded in 1984, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 1018% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 46% operating margin.

Mission

TO PROVIDE AFFORDABLE RETIREMENT HOUSING FOR SENIORS 62 AND OLDER.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,000

Program Service Revenue $861,014

Investment Income $1,344,815

Other Revenue $0

TOTAL REVENUE $2,206,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,126,831

Other Expenses $1,185,836

TOTAL EXPENSES $1,185,836

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,206,829	$197,354	+10.2%
Expenses	$1,185,836	$1,263,864	-0.1%
Net Income	$1,020,993	$-1,066,510	-2.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$249,005

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK SCHUBRING	VICE CHAIR	1.00	Director	$0	$0	$0
JO LAFFEY	SEC/TREAS	1.00	Director	$0	$0	$0
CATHY RIGDON	CHAIR	1.00	Director	$0	$0	$0
KRIS KRENTZ	PRESIDENT/CE	N/A	Officer	$0	$52,255	$249,005

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	$2,206,829	$1,185,836	$20,183,433	$1,020,993
2022	$197,354	$1,263,864	$18,902,869	$-1,066,510
2021	$2,182,987	$1,117,562	$19,391,856	$1,065,425
2020	$1,755,272	$1,105,153	$17,887,177	$650,119
2019	$2,317,962	$1,082,386	$17,169,841	$1,235,576
2018	$595,115	$1,116,314	$16,033,534	$-521,199

VENNEVOLL INC