BETHESDA HOME INC (EIN 460332387) - 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

1956

Legal Domicile

Principal Officer

DONALD OLSON

Phone

6053453331

Tax Period

2024-01-01 to 2024-12-31

BETHESDA HOME INC, founded in 1956, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2018. Expenses of $3.5M left a modest 9% surplus.

Mission

NURSING HOME AND CONGREGATE LIVING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $36,375

Program Service Revenue $5,235,200

Investment Income $173,477

Other Revenue $0

TOTAL REVENUE $5,445,052

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,646,463

Fundraising Expenses $0

Program Expenses $4,575,354

Other Expenses $1,518,068

TOTAL EXPENSES $5,164,531

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,445,052	$4,909,873	+0.1%
Expenses	$5,164,531	$4,516,380	+0.1%
Net Income	$280,521	$393,493	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD OLSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
PAUL PETERSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LINDA WITT	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JOHN SIGDESTAD	DIRECTOR	1.00	Director	$0	$0	$0
VIRGINIA TUNHEIM	DIRECTOR (UNTIL AUG 2024)	1.00	Director	$0	$0	$0
BRENT ZIMMERMAN	DIRECTOR	1.00	Director	$0	$0	$0
JIM ROOD	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT COYNE	DIRECTOR (UNTIL MAR 2024)	1.00	Director	$0	$0	$0
BARBARA ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
GAIL FISCHER	DIRECTOR (AS OF MAR 2024)	1.00	Director	$0	$0	$0
ISAAC GERDES - SR DIRECTOR	ADMINISTRATOR (JAN-AUG)	40.00	Officer	$0	$0	$0
KAY VANNESS - INTERIM	SR DIRECTOR/ADMIN (SEPT-NOV)	40.00	Officer	$0	$0	$0
MELISSA CUNNINGHAM	SR DIRECTOR/ADMIN (NOV-DEC)	40.00	Officer	$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	$5,445,052	$5,164,531	$5,927,192	$280,521
2023	$4,909,873	$4,516,380	$5,523,901	$393,493
2022	$4,722,355	$4,277,102	$5,092,686	$445,253
2021	$4,682,033	$3,822,096	$4,643,285	$859,937
2020	$5,326,265	$3,965,982	$4,166,799	$1,360,283
2019	$4,157,689	$3,656,526	$2,687,428	$501,163
2018	$3,915,256	$3,545,530	$2,312,048	$369,726

BETHESDA HOME INC