MACKENZIE PLACE 202-II C/O LUTHERAN SENIOR SERVICES (EIN 454000626) - 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

2011

Legal Domicile

Principal Officer

ADAM MARLES

Phone

3144462553

Tax Period

2023-01-01 to 2023-12-31

MACKENZIE PLACE 202-II C/O LUTHERAN SENIOR SERVICES, founded in 2011, is a small nonprofit in the Housing & Shelter sector that reported $297K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $379K exceeded revenue, resulting in a 27% operating deficit.

Mission

PROVIDE LOW INCOME HOUSING FOR THE ELDERLY. SEE SCHEDULE O FOR SUMMARY OF LSS CONSOLIDATED OPERATIONS.

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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 $3,018

Program Service Revenue $279,209

Investment Income $13,369

Other Revenue $1,522

TOTAL REVENUE $297,118

Expense Breakdown

Grants Paid $3,018

Salaries & Benefits $111,522

Fundraising Expenses $0

Program Expenses $295,666

Other Expenses $264,237

TOTAL EXPENSES $378,777

Year-over-Year Comparison

	2023	2022	Change
Revenue	$297,118	$264,432	+0.1%
Expenses	$378,777	$394,482	0.0%
Net Income	$-81,659	$-130,050	-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

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

$3,644,638

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL N TICE	CHAIRPERSON	0.20	Officer Director	$0	$0	$0
DAVID ANDERSON	VICE CHAIRPERSON	0.20	Officer Director	$0	$0	$0
DR F MATTHEW KUHLMANN	SECRETARY	0.20	Officer Director	$0	$0	$0
DAN BROWN	ASSISTANT SECRETARY	0.20	Officer Director	$0	$0	$0
BRENT BEUMER	BOARD MEMBER	0.20	Director	$0	$0	$0
REV ROY CHRISTELL	BOARD MEMBER	0.20	Director	$0	$0	$0
DIANE R DROLLINGER	BOARD MEMBER	0.20	Director	$0	$0	$0
JEFFREY L DUNN	BOARD MEMBER	0.20	Director	$0	$0	$0
ELISE MCCLINE	BOARD MEMBER	0.20	Director	$0	$0	$0
MEAGAN MEADOWS	BOARD MEMBER	0.20	Director	$0	$0	$0
HARRY MUELLER	BOARD MEMBER	0.20	Director	$0	$0	$0
LISA J SOMBART	BOARD MEMBER	0.20	Director	$0	$0	$0
REV CHRISTOPHER SOMMER	BOARD MEMBER	0.20	Director	$0	$0	$0
NORMAN TOON	BOARD MEMBER	0.20	Director	$0	$0	$0
JULIE BANTLE	BOARD MEMBER (TERM ENDED 6/23)	0.20	Director	$0	$0	$0
REV JOEL CHRISTIANSEN	BOARD MEMBER (TERM ENDED 6/23)	0.20	Director	$0	$0	$0
ADAM MARLES	PRESIDENT/CEO	1.00	Officer	$0	$34,294	$562,776
LISA NORWINE	CHIEF ADVANCEMENT OFFICER	1.00	Officer	$0	$29,107	$331,091
RON SCHAEFER	CHIEF OPERATING OFFICER	1.00	Officer	$0	$24,315	$325,637
CHAD SNEED	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$36,249	$344,796
VALERIE COOPER	VP, LIFE PLAN COMMUNITIES	1.00	Officer	$0	$30,409	$240,131
COLLEEN BOTTENS	VP HCBS	1.00	Officer	$0	$30,058	$223,313
LISA WILLIAMS	SR VP OF WORKFORCE EXCELLENCE	1.00	Officer	$0	$6,238	$240,641
BEN CAFFEY	EX DIR OF REVENUE ENHANCEMENT	1.00	Officer	$0	$17,097	$178,639
BRIAN REINHOLD	VP OF RISK/SAFETY/COMPLIANCE	1.00	Officer	$0	$33,838	$207,633
JOSH KING	VP OF INFORMATION TECHNOLOGY	1.00	Officer	$0	$31,280	$213,054
BETH RUSERT	CHIEF EXPERIENCE OFFICER	1.00	Officer	$0	$22,581	$369,865
BECKY ZIMMER	EX DIR OF PLANNED GIVING	1.00	Officer	$0	$4,131	$138,619
MARYANNE WALLACE	EX DIR OF MARKETING & COMMUNICATION	1.00	Officer	$0	$20,695	$149,510
NIKKI JENNINGS	EX DIR OF AFFORDABLE HOUSING	1.00	Officer	$0	$12,426	$118,933
ADAM PENG	PHYSICAL THERAPIST	1.00	Highest	$0	$4,834	$202,245
SHERRI ROGERS	CONTROLLER	1.00	Highest	$0	$311	$175,658
RACHEL LITTLE	DIR OF CLINICAL COMPLIANCE	1.00	Highest	$0	$3,448	$165,170
TODD YOUNG	NETWORK DIRECTOR	1.00	Highest	$0	$7,207	$164,801
DONNA ALTURA	RN	1.00	Highest	$0	$5,229	$159,257

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	$297,118	$378,777	$3,488,823	$-81,659
2022	$264,432	$394,482	$3,577,955	$-130,050
2021	$252,694	$363,287	$3,691,975	$-110,593
2020	$236,055	$343,183	$3,800,366	$-107,128
2019	$222,261	$332,421	$3,903,775	$-110,160
2018	$213,531	$324,963	$4,013,929	$-111,432

MACKENZIE PLACE 202-II C/O LUTHERAN SENIOR SERVICES