ASBURY COMMUNITIES HCBS INC

EIN: 450634490 501(c)(3) Health Care

FREDERICK, MD

Total Revenue
$1,820,997
Total Expenses
$2,469,912
Total Assets
$1,865,392
Net Assets
$-902,092
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MD
Principal Officer
SHAUN SMITH
Phone
3012502100
Tax Period
2023-01-01 to 2023-12-31

ASBURY COMMUNITIES HCBS INC, founded in 2011, is a community nonprofit in the Health Care sector that reported $1.8M in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $2.5M exceeded revenue, resulting in a 36% operating deficit.

Mission

ESTABLISH, MAINTAIN, OPERATE, AND SUPPORT, EITHER DIRECTLY, OR IN COOPERATION WITH OTHER ORGANIZATIONS, HOME CARE, HOME HEALTH CARE, HOME MAINTENANCE, HOSPICE, AND OTHER SERVICES FOR OLDER ADULTS.

Program Service Accomplishments

Program 1
Expenses: $691,637 Revenue: $763,580

HOME CARE: HOME CARE SERVICES FOR OLDER ADULTS, PROVIDING 25,634 HOURS OF CARE IN 2023.

Program 2
Expenses: $483,666 Revenue: $1,011,433

HOME HEALTH CARE SERVICES: OPERATION OF HOME HEALTH SERVICES FOR OLDER ADULTS, PROVIDING 6,190 HOURS OF SERVICE FOR OUR CLIENTS DURING 2023.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,775,013
Investment Income $1,066
Other Revenue $44,918
TOTAL REVENUE $1,820,997

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,542,546
Fundraising Expenses $0
Program Expenses $1,175,303
Other Expenses $927,366
TOTAL EXPENSES $2,469,912

Year-over-Year Comparison

2023 2022 Change
Revenue $1,820,997 $2,759,910 -0.3%
Expenses $2,469,912 $2,869,791 -0.1%
Net Income $-648,915 $-109,881 +4.9%
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

Sign In

Governance

Voting Members
3
Independent Members
N/A
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
3
$1,502,878
Total Directors
3
$1,502,878
Key Employees
1
$230,487
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAUN SMITH CHAIR/PRESIDENT 1.00
Officer Director
$0 $40,149 $414,999
ANDREW JEANNERET TREASURER 1.00
Officer Director
$0 $36,244 $616,861
ANDREW JOSEPH SECRETARY 1.00
Officer Director
$0 $29,015 $471,018
JUDITH ROGERS FRUITERMAN EXECUTIVE DIRECTOR 40.00
Key Emp
$0 $7,847 $230,487
AMY MEEKINS PHYSICAL THERAPIST 40.00
Highest
$0 $12,453 $119,498
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 $1,820,997 $2,469,912 $1,865,392 $-648,915
2022 $2,759,910 $2,869,791 $1,823,147 $-109,881
2021 $3,298,050 $3,128,285 $2,192,179 $169,765
2021 $2,672,925 $3,128,285 $2,192,179 $-455,360
2020 $3,654,379 $4,261,784 $2,002,664 $-607,405
2019 $4,297,089 $5,220,340 $2,021,355 $-923,251
2018 $4,111,586 $4,643,712 $1,902,157 $-532,126
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ASBURY COMMUNITIES HCBS INC with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.