MEADOWBROOK TERRACE 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

2011

Legal Domicile

Principal Officer

Jennifer Meagher

Phone

3155191246

Tax Period

2023-01-01 to 2023-12-31

MEADOWBROOK TERRACE INC, founded in 2011, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $2.8M exceeded revenue, resulting in a 50% operating deficit.

Mission

MEADOWBROOK TERRACE STRIVES TO PROVIDE A COMFORTABLE SETTING TO ASSIST ITS RESIDENTS WITH MAINTAINING THE NORMALCY OF DAILY ACTIVITIES THAT THEY MAY NOT BE ABLE TO ACHIEVE ON THEIR OWN. 24 HOUR SECURITY IS PROVIDED TO ALLOW FOR A SAFE ENVIRONMENT FOR RESIDENTS.

Program Service Accomplishments

Program 1

Expenses: $2,046,870 Revenue: $1,829,389

MEADOWBROOK TERRACE INC OPERATES A 60 RESIDENT ASSISTED LIVING FACILITY THAT ALLOWS RESIDENTS TO LEAD AN UNINTERRUPTED LIFESTYLE.

🔒

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 $1,829,389

Investment Income $0

Other Revenue $15,260

TOTAL REVENUE $1,844,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,876,240

Fundraising Expenses $0

Program Expenses $2,046,870

Other Expenses $887,113

TOTAL EXPENSES $2,763,353

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,844,649	$2,147,582	-0.1%
Expenses	$2,763,353	$2,952,066	-0.1%
Net Income	$-918,704	$-804,484	+0.1%

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

$825,073

Total Directors

$686,723

Key Employees

$134,209

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICH DUVALL	DIRECTOR	1	Officer Director	$0	$37,353	$686,723
ROB BLOOM	CFO	0	Officer	$0	$32,184	$138,350
HEATHER SASKI	ADMINISTRATOR	40	Key Emp	$0	$11,702	$134,209
MATTHEW CERVINI	DIRECTOR	1	Director	$0	$0	$0
JEN PREMO	DIRECTOR	1	Director	$0	$0	$0
DALE KLOCK	PRESIDENT	1	Director	$0	$0	$0
JULIE WARD	VICE PRESIDENT	1	Director	$0	$0	$0
ELIZABETH ELLIOT	SECRETARY	1	Director	$0	$0	$0
ADAM FULLER	TREASURER	1	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	$1,844,649	$2,763,353	$8,103,210	$-918,704
2022	$2,147,582	$2,952,066	$8,362,258	$-804,484
2021	$1,968,152	$2,591,395	$8,474,914	$-623,243
2020	$1,996,421	$2,257,707	$8,722,141	$-261,286
2019	$1,572,849	$2,261,793	$8,959,291	$-688,944
2018	$2,097,478	$2,295,453	$9,267,396	$-197,975