Ebenezer Ridges Assisted Living (EIN 411964691) - 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

1999

Legal Domicile

Phone

6128743460

Tax Period

2024-01-01 to 2024-12-31

Ebenezer Ridges Assisted Living, founded in 1999, is a community nonprofit in the Housing & Shelter sector that reported $4.6M in total revenue in fiscal year 2024. The organization ran a surplus of $715K, a strong 16% operating margin.

Mission

To provide memory care services to improve the quality of life for the elderly and disabled.

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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 $1,487

Program Service Revenue $4,457,784

Investment Income $5,846

Other Revenue $148,968

TOTAL REVENUE $4,614,085

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,632,152

Fundraising Expenses $0

Program Expenses $2,878,189

Other Expenses $1,266,438

TOTAL EXPENSES $3,898,590

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,614,085	$4,275,700	+0.1%
Expenses	$3,898,590	$3,919,562	0.0%
Net Income	$715,495	$356,138	+1.0%

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

N/A

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

$6,825,734

Total Directors

$7,111,174

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Hereford	Ex-Officio	2.0	Officer Director	$0	$805,007	$5,659,485
Jonathan Lundberg	President, end 9-2024	2.0	Officer Director	$0	$70,974	$521,790
Todd Willett	CFO, Treasurer	2.0	Officer Director	$0	$40,678	$459,090
Carolyn Jacobson	Director	0.3	Director	$0	$0	$0
Gayle Kvenvold	Director, began 5-2024	0.3	Director	$0	$0	$0
Kenneth Ashton-Piper	Director	0.3	Director	$0	$0	$0
Kimberly Faust	Director	2.0	Director	$0	$36,253	$470,809
Margaret Milius	Director, began 5-2024	0.3	Director	$0	$0	$0
Mark Landreville	Secretary, began 2-2024	0.3	Director	$0	$0	$0
Robb Gruman	Director, ended 8-2024	0.3	Director	$0	$0	$0
Robert Walker	Director	0.3	Director	$0	$0	$0
Scott Wordelman	Chair	0.3	Director	$0	$0	$0
Susan Carlson-Weinberg	Vice Chair	0.3	Director	$0	$0	$0
Thomas Hokr	Secretary, ended 5-2024	0.3	Director	$0	$0	$0
Brett Anderson	President	2.0	Officer	$0	$5,645	$185,369
Julie Kohlbeck	Executive Director	40.0	Highest	$0	$30,252	$143,908

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	$4,614,085	$3,898,590	$5,027,836	$715,495
2023	$4,275,700	$3,919,562	$4,743,453	$356,138
2022	$3,814,389	$3,606,167	$4,923,928	$208,222
2021	$3,960,084	$4,264,668	$6,172,780	$-304,584
2020	$3,885,996	$3,554,589	$5,538,817	$331,407
2019	$3,716,273	$3,484,303	$5,541,906	$231,970
2018	$3,601,174	$3,547,869	$6,399,121	$53,305

Ebenezer Ridges Assisted Living