ADEL MANOR INC (EIN 420952944) - 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

1970

Legal Domicile

Principal Officer

DAN HAWKINS

Phone

5159934080

Tax Period

2023-01-01 to 2023-12-31

ADEL MANOR INC, founded in 1970, is a small nonprofit that reported $286K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $67K, a strong 23% operating margin.

Mission

PROVIDE AFFORDABLE HOUSING TO LOW-INCOME, ELDERLY OR HANDICAPPED INDIVIDUALS IN ADEL, IOWA.

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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 $0

Program Service Revenue $283,653

Investment Income $2,170

Other Revenue $2

TOTAL REVENUE $285,825

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $151,307

Other Expenses $219,167

TOTAL EXPENSES $219,167

Year-over-Year Comparison

	2023	2022	Change
Revenue	$285,825	$447,232	-0.4%
Expenses	$219,167	$418,226	-0.5%
Net Income	$66,658	$29,006	+1.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN HAWKINS	PRESIDENT	0.50	Officer Director	$0	$0	$0
JIM PETERS	VICE PRESIDENT	0.30	Officer Director	$0	$0	$0
LINDA FULLER	SECRETARY/TREASURER	0.30	Officer Director	$0	$0	$0
CRAIG POLDBERG	DIRECTOR	0.50	Director	$0	$0	$0
CHARLES KREAGER	DIRECTOR	0.30	Director	$0	$0	$0
BILL SANDQUIST	DIRECTOR	0.30	Director	$0	$0	$0
DARRELL BAUMAN	DIRECTOR	0.30	Director	$0	$0	$0
MARY HUGHES	DIRECTOR	0.30	Director	$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
2023	$285,825	$219,167	No data	$66,658
2022	$447,232	$418,226	$1,196,581	$29,006
2021	$665,891	$473,109	$1,231,394	$192,782
2020	$420,478	$420,185	$1,102,801	$293
2019	$366,915	$435,918	$1,146,014	$-69,003
2018	$320,212	$331,319	$1,238,826	$-11,107

ADEL MANOR INC