Glenwood Retirement Home Foundation Inc (EIN 411453070) - 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

1983

Legal Domicile

Principal Officer

Marnie Gugisberg

Phone

3206345131

Tax Period

2023-10-01 to 2024-09-30

Glenwood Retirement Home Foundation Inc, founded in 1983, is a micro nonprofit in the Housing & Shelter sector that reported $49K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $81K exceeded revenue, resulting in a 65% operating deficit.

Mission

To support the programs of the Glenwood Retirement Village.

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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 $30,081

Program Service Revenue $0

Investment Income $15,982

Other Revenue $2,820

TOTAL REVENUE $48,883

Expense Breakdown

Grants Paid $75,533

Salaries & Benefits $0

Fundraising Expenses $1,053

Program Expenses $75,533

Other Expenses $5,213

TOTAL EXPENSES $80,746

Year-over-Year Comparison

	2023	2022	Change
Revenue	$48,883	$38,287	+0.3%
Expenses	$80,746	$21,386	+2.8%
Net Income	$-31,863	$16,901	-2.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Doug Bogie	Chair	0.30	Officer Director	$0	$0	$0
Allen Dahlseng	Vice Chair	0.30	Officer Director	$0	$0	$0
Jodi McGinty to Mar 2024	Director	0.30	Director	$0	$0	$0
Laura Jergenson	Director	0.30	Director	$0	$0	$0
Tom Talle	Director	0.30	Director	$0	$0	$0
Mike Larson	Director	0.30	Director	$0	$0	$0
Sharon Braaten	Director	0.30	Director	$0	$0	$0
Sharon Isdahl	Director	0.30	Director	$0	$0	$0
Caryl Nelson	Director	0.30	Director	$0	$0	$0
Jason Garcia to Jun 2024	Executive Director	1.00	Officer	$0	$0	$0
Angie Urman to Aug 2024	Interim Administrator	1.00	Officer	$0	$0	$0
Emily Benham from Aug 2024	Executive Director	1.00	Officer	$0	$0	$0
Marnie Gugisberg	Chief Financial Officer	1.00	Officer	$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	$48,883	$80,746	$550,955	$-31,863
2023	$38,287	$21,386	$582,818	$16,901
2022	$43,310	$11,419	$556,520	$31,891
2021	$38,774	$36,567	$548,624	$2,207
2020	$44,439	$30,634	$563,617	$13,805
2019	$49,831	$8,994	$538,891	$40,837
2018	$149,839	$13,205	$659,759	$136,634

Glenwood Retirement Home Foundation Inc