Residential Options Inc (EIN 411825093) - 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

1993

Legal Domicile

Principal Officer

Dan Enderson

Phone

3208434728

Tax Period

2020-01-01 to 2020-12-31

Residential Options Inc, founded in 1993, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2020. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 33% operating deficit.

Mission

Senior Housing

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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 (2020)

Revenue Breakdown

Contributions & Grants $25,685

Program Service Revenue $1,311,656

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,337,341

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,628,900

Other Expenses $1,777,518

TOTAL EXPENSES $1,777,518

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,337,341	$1,781,277	-0.2%
Expenses	$1,777,518	$2,268,186	-0.2%
Net Income	$-440,177	$-486,909	-0.1%

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

$6,708

Total Directors

$6,708

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marlys Boone	President	2.00	Officer Director	$0	$0	$0
Mark Frank	Vice President	2.00	Officer Director	$0	$0	$0
Bill Hoberg	Treasurer	2.00	Officer Director	$0	$0	$0
Jerry Peterson	Secretary	2.00	Officer Director	$0	$0	$0
Dan Enderson - Director CFO	Swift County Benson Hospital	2.00	Officer Director	$0	$468	$6,708
Joe Fox	Director	2.00	Director	$0	$0	$0
Jayne Thielke	Executive Director	40.00	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
2020	$1,337,341	$1,777,518	No data	$-440,177
2019	$1,781,277	$2,268,186	$11,384,525	$-486,909
2018	$1,036,789	$807,215	$9,734,368	$229,574

Residential Options Inc