Towner County Living Center (EIN 450422204) - 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

1992

Legal Domicile

Principal Officer

Ben Bucher

Phone

7019684411

Tax Period

2022-07-01 to 2023-06-30

Towner County Living Center, founded in 1992, is a small nonprofit in the Health Care sector that reported $416K in total revenue in fiscal year 2022. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $262K, a strong 63% operating margin.

Mission

Operation of a congregate housing facility and owner of a long-term care facility, which is leased out.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $415,871

Investment Income $0

Other Revenue $0

TOTAL REVENUE $415,871

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $150,287

Other Expenses $153,796

TOTAL EXPENSES $153,796

Year-over-Year Comparison

	2022	2021	Change
Revenue	$415,871	$359,417	+0.2%
Expenses	$153,796	$123,572	+0.2%
Net Income	$262,075	$235,845	+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

$514,864

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Wolsky	President	0.50	Officer Director	$0	$0	$0
Tom Belzer	Vice President	0.50	Officer Director	$0	$0	$0
Greg Westlind	Secretary/Treasurer	0.50	Officer Director	$0	$0	$0
Randina Bjornstad	Director	0.50	Director	$0	$0	$0
John Peters	Director	0.50	Director	$0	$0	$0
Mike Farbo	Director	0.50	Director	$0	$0	$0
Michelle Gibbens	Director	0.50	Director	$0	$0	$0
Ben Bucher	CEO	5.00	Officer	$0	$21,292	$306,228
Tammy Larson	CFO	5.00	Officer	$0	$20,315	$208,636

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$415,871	$153,796	$1,243,204	$262,075
2022	$359,417	$123,572	$979,619	$235,845
2021	$448,094	$234,021	$2,351,411	$214,073
2020	$450,696	$261,677	$2,275,947	$189,019
2019	$453,249	$119,873	$2,219,161	$333,376
2018	$450,869	$308,278	$2,011,728	$142,591

Towner County Living Center