Morgan Memorial Foundation Inc (EIN 410846691) - 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

1965

Legal Domicile

Principal Officer

Doug Kopischke

Phone

5072493143

Tax Period

2023-10-01 to 2024-09-30

Morgan Memorial Foundation Inc, founded in 1965, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

Morgan Memorial Foundation Inc. d/b/a Gil-Mor Manor Nursing Home leads in delivery of skilled nursing facility care to the residents of Morgan and surrounding area. Gil-Mor Manor is a 35 bed skilled nursing facility. We provide skilled nursing care to our residents with a wide variety of amenities. We are an approved provider for Medicare and MA. We also provide respite care and adult day care.

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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 $36,125

Program Service Revenue $4,607,568

Investment Income $32,333

Other Revenue $7,036

TOTAL REVENUE $4,683,062

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,025,652

Fundraising Expenses $0

Program Expenses $4,597,036

Other Expenses $1,940,047

TOTAL EXPENSES $4,965,699

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,683,062	$5,629,643	-0.2%
Expenses	$4,965,699	$4,429,301	+0.1%
Net Income	$-282,637	$1,200,342	-1.2%

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

102

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Doug Kopischke	Vice President	005.00	Officer Director	$0	$0	$0
Lynn Pietig	Treasurer	005.00	Officer Director	$0	$0	$0
Arliss Vollbrecht	Director	001.00	Director	$0	$0	$0
Joel Mathiowetz	Vice President	005.00	Officer Director	$0	$0	$0
Jim Mathiowetz	Director	001.00	Director	$0	$0	$0
Arliss Becker	Director	001.00	Director	$0	$0	$0
Larry Kirschstein	Director	001.00	Director	$0	$0	$0
Sara Seifert	Director	001.00	Director	$0	$0	$0
Barbara Fischer	Director	001.00	Director	$0	$0	$0
Jan Krenz	Director	001.00	Director	$0	$0	$0
Suzy Blomeke	Director	001.00	Director	$0	$0	$0
Virginia Kopischke	Director	001.00	Director	$0	$0	$0
Jean Christensen	Director	001.00	Director	$0	$0	$0
Eileen Rothmeier	Director	001.00	Director	$0	$0	$0
Lynn Madsen	Secretary	005.00	Officer Director	$0	$0	$0
Tammy Meyer	Vice President	005.00	Officer Director	$0	$0	$0
Dave Simonsen	Director	001.00	Director	$0	$0	$0
Lorna Craig-Paulson	Administator	040.00	Key Emp	$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
2024	$4,683,062	$4,965,699	$3,725,907	$-282,637
2023	$5,629,643	$4,429,301	$4,450,028	$1,200,342
2022	$3,777,390	$3,735,156	$2,873,467	$42,234
2021	$3,804,451	$3,426,031	$3,017,509	$378,420
2020	$3,103,701	$3,221,760	$3,121,884	$-118,059
2019	$3,359,383	$3,123,147	$2,607,617	$236,236
2018	$3,303,434	$3,086,007	$2,432,489	$217,427

Morgan Memorial Foundation Inc