NEW LIFE MANOR INC (EIN 411401396) - 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

MARGARET BRANDT

Phone

5075262184

Tax Period

2023-10-01 to 2024-09-30

NEW LIFE MANOR INC, founded in 1984, is a small nonprofit that reported $217K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $249K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE LOW-COST APARTMENTS FOR ELDERLY AND HANDICAPPED IN BLUE EARTH, MINNESOTA

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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 $214,676

Investment Income $91

Other Revenue $2,201

TOTAL REVENUE $216,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,027

Fundraising Expenses $0

Program Expenses $160,614

Other Expenses $220,423

TOTAL EXPENSES $249,450

Year-over-Year Comparison

	2023	2022	Change
Revenue	$216,968	$229,572	-0.1%
Expenses	$249,450	$222,074	+0.1%
Net Income	$-32,482	$7,498	-5.3%

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

Employees

N/A

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

$143,527

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACQUI DIKKEN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GLORIA MATTSON	VICE CHAIRMAN	0.50	Officer Director	$0	$0	$0
MARY ERICHSRUD	SECRATARY	0.50	Officer Director	$0	$0	$0
JOHN HUISMAN	DIRECTOR	0.50	Director	$0	$0	$0
JANET ZABEL	DIRECTOR	0.50	Director	$0	$0	$0
MARGARET BRANDT	CEO	1.00	Officer	$125,130	$18,397	$143,527

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	$216,968	$249,450	$343,828	$-32,482
2023	$229,572	$222,074	$373,507	$7,498
2022	$194,026	$202,118	$330,356	$-8,092
2021	$207,646	$216,676	$328,638	$-9,030
2020	$206,226	$224,851	$326,147	$-18,625
2019	$208,414	$214,189	$354,898	$-5,775
2018	$251,749	$204,070	$378,177	$47,679

NEW LIFE MANOR INC