LRHC LONG TERM CARE FACILITIES INC (EIN 411817549) - 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

1995

Legal Domicile

Principal Officer

KENT MATTSON

Phone

2187368000

Tax Period

2023-10-01 to 2024-09-30

LRHC LONG TERM CARE FACILITIES INC, founded in 1995, is a community nonprofit in the Health Care sector that reported $3.2M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $2.9M left a modest 9% surplus.

Mission

SAFE, GRACIOUS RESIDENTIAL LVING WITH DIGNITY AND RESPECT.

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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 $100

Program Service Revenue $2,944,835

Investment Income $250,860

Other Revenue $1,354

TOTAL REVENUE $3,197,149

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,897,062

Fundraising Expenses $0

Program Expenses $2,749,049

Other Expenses $997,803

TOTAL EXPENSES $2,894,865

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,197,149	$2,739,879	+0.2%
Expenses	$2,894,865	$2,632,593	+0.1%
Net Income	$302,284	$107,286	+1.8%

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

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

$584,484

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEB FERGUSON	TRUSTEE	1.00	Director	$0	$0	$0
LAUREL NELSON	TRUSTEE	1.00	Director	$0	$0	$0
JOHN ERICKSON	TRUSTEE	1.00	Director	$0	$0	$0
JOAN GRASSWICK	CHAIR	1.00	Officer Director	$0	$0	$0
SUSIE BERG	TRUSTEE	1.00	Director	$0	$0	$0
KENT MATTSON	CEO	1.00	Officer	$0	$58,304	$584,484
CHRIS JOHNSON	CFO	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	$3,197,149	$2,894,865	$3,600,270	$302,284
2023	$2,739,879	$2,632,593	$3,417,062	$107,286
2022	$2,185,888	$2,532,609	$3,561,055	$-346,721
2021	$2,619,814	$2,444,842	$4,302,181	$174,972
2020	$2,728,730	$2,482,026	$4,270,509	$246,704
2019	$2,706,310	$2,489,780	$4,350,576	$216,530
2018	$2,581,885	$2,417,289	$4,285,876	$164,596

LRHC LONG TERM CARE FACILITIES INC