CHARLOTTESVILLE AREA RETIREMENT SERVICES INC (EIN 454854018) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

WILLIAM DOWNEY CEOPRESIDENT

Phone

7578752041

Tax Period

2018-01-01 to 2018-12-31

CHARLOTTESVILLE AREA RETIREMENT SERVICES INC, founded in 2011, is a mid-sized nonprofit that reported $10.1M in total revenue in fiscal year 2017. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

To care for others as we would care for THOSE WE LOVE - TO ENHANCE THEIR WELL-BEING AND IMPROVE THEIR HEALTH.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,653,168

Investment Income $-1,157,297

Other Revenue $0

TOTAL REVENUE $8,495,871

Expense Breakdown

Grants Paid $875

Salaries & Benefits $2,690,313

Fundraising Expenses $0

Program Expenses $7,474,141

Other Expenses $6,962,790

TOTAL EXPENSES $9,653,978

Year-over-Year Comparison

	2018	2017	Change
Revenue	$8,495,871	$10,096,135	-0.2%
Expenses	$9,653,978	$11,015,190	-0.1%
Net Income	$-1,158,107	$-919,055	+0.3%

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

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

$522,023

Total Directors

$522,023

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
F MICHAEL ASHBY	BOARD MEMBER	1.0	Director	$0	$0	$0
M CECIL FORTE	BOARD MEMBER	1.0	Director	$0	$0	$0
M E GIBSON JR	CHAIRMAN	1.0	Officer Director	$0	$0	$0
MARGARET SHORT	VICE CHAIRMAN	1.0	Officer Director	$0	$0	$0
MARTA KEANE	BOARD MEMBER	1.0	Director	$0	$0	$0
MICHELLE HEREFORD	BOARD MEMBER	1.0	Director	$0	$0	$0
MOHAN NADKARNI	BOARD MEMBER	1.0	Director	$0	$0	$0
RICHARD W LINDSAY	BOARD MEMBER	1.0	Director	$0	$0	$0
SALLY HARTMAN	SR VP, HUMAN RESOURCES	1.0	Officer Director	$0	$52,622	$522,023
WALTER WILLIAM AUSTIN JR	SR VP, CFO & TREASURER	1.0		$0	$33,105	$602,442
WILLIAM BURNS DOWNEY	PRESIDNE, CEO RHS	1.0		$0	$60,572	$1,254,832

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
2018	$8,495,871	$9,653,978	No data	$-1,158,107
2017	$10,096,135	$11,015,190	$738,462	$-919,055

CHARLOTTESVILLE AREA RETIREMENT SERVICES INC