Tabitha Inc (EIN 470377998) - 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

1949

Legal Domicile

Principal Officer

Jon Riewer

Phone

4024868520

Tax Period

2024-01-01 to 2024-09-30

Tabitha Inc, founded in 1949, is a mid-sized nonprofit that reported $42.3M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $49.0M exceeded revenue, resulting in a 16% operating deficit.

Mission

Motivated by Christian compassion, provide care services to older adults.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,647,753

Program Service Revenue $37,502,442

Investment Income $121,044

Other Revenue $11,594

TOTAL REVENUE $42,282,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,619,089

Fundraising Expenses $0

Program Expenses $39,767,986

Other Expenses $17,381,482

TOTAL EXPENSES $49,000,571

Year-over-Year Comparison

	2024	2023	Change
Revenue	$42,282,833	$59,047,950	-0.3%
Expenses	$49,000,571	$63,609,341	-0.2%
Net Income	$-6,717,738	$-4,561,391	+0.5%

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

N/A

Volunteers

800

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
Mark Hesser	Chair thru 2/15/24	0.50	Officer Director	$0	$0	$0
Eric Shafer	Chair as of 2/15/24	0.50	Officer Director	$0	$0	$0
James Anderson	Vice Chair	0.50	Officer Director	$0	$0	$0
Bryan Seck	Director	0.50	Director	$0	$0	$0
Neal Lyons	Director	0.50	Director	$0	$0	$0
Renee Sjulin	Director	0.50	Director	$0	$0	$0
Clark Anderson	Director	0.50	Director	$0	$0	$0
Kimberly Rath	Director	0.50	Director	$0	$0	$0
Lisa Smith	Director	0.50	Director	$0	$0	$0
Dirk Brom	Director	0.50	Director	$0	$0	$0
William Strain	Director	0.50	Director	$0	$0	$0
Carol Friesen	Director	0.50	Director	$0	$0	$0
Bishop Scott Johnson	Ex-Officio	0.50	Director	$0	$0	$0
Julie Hogg	Director	0.50	Director	$0	$0	$0
Brian Shanks	President & CFO	41.00	Officer	$0	$0	$0
Aimee Baumann	Secretary/Treasurer & CFO	41.00	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	$42,282,833	$49,000,571	$68,839,710	$-6,717,738
2023	$59,047,950	$63,609,341	$71,172,841	$-4,561,391
2022	$65,315,498	$64,817,206	$64,248,029	$498,292
2021	$63,902,168	$64,940,766	$67,996,914	$-1,038,598
2020	$64,184,057	$64,682,983	$56,758,988	$-498,926
2019	$61,629,489	$64,314,974	$46,064,626	$-2,685,485
2018	$60,021,902	$60,238,256	$34,918,888	$-216,354

Tabitha Inc