Marian Manor Apartments Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

Sandy Gerving

Phone

7013483107

Tax Period

2023-01-01 to 2023-12-31

Marian Manor Apartments Inc, founded in 1989, is a small nonprofit in the Human Services sector that reported $280K in total revenue in fiscal year 2023. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $251K left a modest 10% surplus.

Mission

The purpose for which Marian Manor Apartments is organized is to develop housing quarters and provide healthcare related facilities for the handicapped and the aged in the City of Glen Ullin.

Program Service Accomplishments

Program 1

Expenses: $223,523 Revenue: $165,230

The purpose for which Marian Manor Apartments is organized is to develop housing quarters and provide healthcare related and daycare facilities for the handicapped and aged in the City of Glen Ullin. Marian Manor Apartments (MMA) provides congregate housing for 20 elderly individuals at a rate below the market rate. Ancillary services are arranged on a fee for service basis structured on the individual's ability to pay.

Program 2

Expenses: $25,175 Revenue: $24,218

MMA provides a building to lease for medical services. This facility rents to a Medical Clinic, Chiropractor and Rehab Outpatient Clinic. Prior to the construction of this building, there were no...

MMA provides a building to lease for medical services. This facility rents to a Medical Clinic, Chiropractor and Rehab Outpatient Clinic. Prior to the construction of this building, there were no suitable facilities in the city. MMA also provide a building to lease for a daycare facility. Prior to the daycare opening, there were no other childcare facilities available in the community.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $189,448

Investment Income $90,111

Other Revenue $0

TOTAL REVENUE $279,559

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $248,698

Other Expenses $250,698

TOTAL EXPENSES $250,698

Year-over-Year Comparison

	2023	2022	Change
Revenue	$279,559	$179,472	+0.6%
Expenses	$250,698	$234,509	+0.1%
Net Income	$28,861	$-55,037	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$161,854

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Gerving	President	0.50	Officer Director	$0	$0	$0
Tim Duppong	Vice President	0.50	Officer Director	$0	$0	$0
Diane Schirado	Secretary	0.50	Officer Director	$0	$0	$0
Jerome Gerving	Treasurer	0.50	Officer Director	$0	$0	$0
Heidi Peltz	Director	0.50	Director	$0	$0	$0
Jenny Hellman	Director	0.50	Director	$0	$0	$0
Bruce Morman	Director	0.50	Director	$0	$0	$0
Sandy Gerving	Administrator	2.00	Officer	$0	$24,902	$161,854

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	$279,559	$250,698	$1,223,081	$28,861
2022	$179,472	$234,509	$1,231,154	$-55,037
2021	$166,780	$250,263	$1,314,341	$-83,483
2020	$153,314	$257,186	$1,431,725	$-103,872
2019	$163,853	$257,846	$1,579,371	$-93,993
2018	$151,648	$263,771	$1,714,862	$-112,123