THE GLENN CATHOLIC SENIOR COMMUNITIES INC (EIN 411533125) - 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

1985

Legal Domicile

Principal Officer

MICHAEL PAGH

Phone

7633771800

Tax Period

2024-07-01 to 2025-06-30

THE GLENN CATHOLIC SENIOR COMMUNITIES INC, founded in 1985, is a mid-sized nonprofit that reported $34.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $29.5M left a modest 14% surplus.

Mission

A RETIREMENT COMMUNITY WITH INDEPENDENT AND ASSISTED LIVING APARTMENTS IN HOPKINS, MINNETONKA, AND BUFFALO, 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $33,464,890

Investment Income $615,228

Other Revenue $0

TOTAL REVENUE $34,080,118

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,470,034

Other Expenses $29,470,034

TOTAL EXPENSES $29,470,034

Year-over-Year Comparison

	2024	2023	Change
Revenue	$34,080,118	$31,301,256	+0.1%
Expenses	$29,470,034	$28,092,294	+0.0%
Net Income	$4,610,084	$3,208,962	+0.4%

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
BARB VANHAUER	PRESIDENT/CHAIR	1.00	Officer Director	$0	$0	$0
JOE CAVANAUGH	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN CLEVELAND	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
FRANK FALLON	BOARD MEMBER	1.00	Director	$0	$0	$0
JANE RAUENHORST	BOARD MEMBER	1.00	Director	$0	$0	$0
NATE RUNDQUIST	BOARD MEMBER	1.00	Director	$0	$0	$0
GERI MARTIN	BOARD MEMBER	1.00	Director	$0	$0	$0
BOB HERSMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL PAGH	CEO	5.00	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
2025	$34,080,118	$29,470,034	$68,628,983	$4,610,084
2024	$31,301,256	$28,092,294	$64,425,756	$3,208,962
2023	$27,825,564	$26,567,984	$62,024,950	$1,257,580
2022	$25,015,107	$25,701,777	$61,465,775	$-686,670
2021	$24,934,066	$24,200,199	$63,889,682	$733,867
2020	$26,213,899	$24,528,481	$63,920,808	$1,685,418
2019	$24,915,447	$22,426,364	$63,148,044	$2,489,083

THE GLENN CATHOLIC SENIOR COMMUNITIES INC