BEAVERDALE PLACE INC DBA FRANK W SMITH RETIREMENT CENTER (EIN 421399035) - 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

HARRY J WINEGAR

Phone

5152779621

Tax Period

2023-01-01 to 2023-12-31

BEAVERDALE PLACE INC DBA FRANK W SMITH RETIREMENT CENTER, founded in 1993, is a small nonprofit that reported $268K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $303K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO PROVIDE QUALITY RESIDENTIAL LIVING FOR LOW-INCOME SENIOR CITIZENS

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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 $37,988

Program Service Revenue $230,259

Investment Income $76

Other Revenue $0

TOTAL REVENUE $268,323

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,497

Fundraising Expenses $0

Program Expenses $234,776

Other Expenses $243,622

TOTAL EXPENSES $303,119

Year-over-Year Comparison

	2023	2022	Change
Revenue	$268,323	$232,813	+0.2%
Expenses	$303,119	$288,067	+0.1%
Net Income	$-34,796	$-55,254	-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

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
JIM WINEGAR	PRESIDENT	0.50	Officer Director	$0	$0	$0
KEN GROEN	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
CHERYL HEIL	SECRETARY	0.50	Officer Director	$0	$0	$0
JOSH MOEDE	TREASURER	0.50	Officer Director	$0	$0	$0
BILL SIMS	DIRECTOR	0.50	Director	$0	$0	$0
DARLA COX	DIRECTOR	0.50	Director	$0	$0	$0
RICK ERICKSON	DIRECTOR	0.50	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
2024	No data	No data	No data	No data
2023	$268,323	$303,119	$1,153,294	$-34,796
2022	$232,813	$288,067	$1,188,780	$-55,254
2021	$242,972	$275,091	$1,236,724	$-32,119
2020	$228,262	$253,209	$1,274,619	$-24,947
2019	$203,755	$289,369	$1,316,199	$-85,614
2018	$217,541	$275,411	$1,372,495	$-57,870

BEAVERDALE PLACE INC DBA FRANK W SMITH RETIREMENT CENTER