STAYWELL SENIOR CARE

EIN: 461289922 501(c)(3)

ASHEBORO, NC

Total Revenue
$7,095,581
Total Expenses
$6,423,880
Total Assets
N/A
Net Assets
N/A
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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
2015
Legal Domicile
NC
Principal Officer
ROBERT S CLAUSER
Phone
3366255151
Tax Period
2020-10-01 to 2021-09-30

STAYWELL SENIOR CARE, founded in 2015, is a community nonprofit that reported $7.1M in total revenue in fiscal year 2020. Revenue decreased 14% compared to the prior year. Expenses of $6.4M left a modest 9% surplus.

Mission

TO PROVIDE BENEFITS TO SENIORS DETERMINED TO NEED A SKILLED LEVEL OF CARE REQUIRED UNDER THE STATE MEDICAID PLAN FOR COVERAGE OF NURSING FACILITY SERVICES UNDER THE DEFERRAL PROGRAM OF ALL INCLUSIVE CARE FOR THE ELDERLY ("PACE").

Program Service Accomplishments

Program 1
Expenses: $6,364,154 Revenue: $7,095,581

STAYWELL SENIOR CARE SERVES THE FRAIL ELDERLY OF RANDOLPH, MONTGOMERY AND MOORE COUNTIES BY PROVIDING AN ALTERNATIVE TO NURSING HOME PLACEMENT THROUGH A NETWORK OF HIGHLY COORDINATED CARE. STAYWELL...

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STAYWELL SENIOR CARE SERVES THE FRAIL ELDERLY OF RANDOLPH, MONTGOMERY AND MOORE COUNTIES BY PROVIDING AN ALTERNATIVE TO NURSING HOME PLACEMENT THROUGH A NETWORK OF HIGHLY COORDINATED CARE. STAYWELL SENIOR CARE IS A NON-RESIDENTIAL FACILITY THAT INCLUDES AN ADULT DAY HEALTH AREA, COMPREHENSIVE MEDICAL SERVICES, AND A REHAB CENTER. ALL OF THESE SERVICES ARE ACCOMPANIED BY ORGANIZED TRANSPORTATION, HOME HEALTH CARE, AND MEDICATION MANAGEMENT. OUR GOAL IS TO IMPROVE THE HEALTH AND OVERALL WELL-BEING OF THE FRAIL ELDERLY OF THIS REGION, REDUCING HOSPITALIZATIONS AND EMERGENCY ROOM VISITS AND AVOIDING PREMATURE ADMISSIONS TO NURSING HOMES FOR THOSE WHO CAN SAFELY LIVE AT HOME WITH OUR SUPPORT.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,095,581
Investment Income $0
Other Revenue $0
TOTAL REVENUE $7,095,581

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,125,475
Fundraising Expenses $0
Program Expenses $6,364,154
Other Expenses $4,298,405
TOTAL EXPENSES $6,423,880

Year-over-Year Comparison

2020 2019 Change
Revenue $7,095,581 $8,221,139 -0.1%
Expenses $6,423,880 $8,526,635 -0.2%
Net Income $671,701 $-305,496 -3.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
4
Employees
47
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
$390,247
Total Directors
7
$390,247
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY SIMPSON MD VICE CHAIR 2.00
Officer Director
$0 $0 $0
LORETTA LONG TREASURER 2.00
Officer Director
$0 $12,722 $168,961
ROB CLAUSER CHAIR/VICE PRESIDENT 2.00
Officer Director
$0 $15,877 $221,286
AASHKA MEHTA BOARD MEMBER 2.00
Director
$0 $0 $0
STEPHEN CAMPBELL DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM COCKERHAM BOARD MEMBER 2.00
Director
$0 $0 $0
LINDA BROWN BOARD MEMBER 2.00
Director
$0 $0 $0
THOMAS MILLIARD DIRECTOR 40.00
Highest
$101,460 $11,942 $113,402
KAREN MARTIN DIRECTOR 40.00
Highest
$100,771 $15,877 $116,648
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
2021 $7,095,581 $6,423,880 No data $671,701
2020 $8,221,139 $8,526,635 $4,192,409 $-305,496
2019 $9,067,446 $7,755,307 $4,858,609 $1,312,139
2018 $9,054,371 $7,177,097 $3,446,315 $1,877,274
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