PERKINS COUNTY RETIREMENT ASSOCIATI ON (EIN 470718611) - 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

1988

Legal Domicile

Principal Officer

TERESA CLOUSE

Phone

3083522133

Tax Period

2024-01-01 to 2024-12-31

PERKINS COUNTY RETIREMENT ASSOCIATI ON, founded in 1988, is a small nonprofit in the Human Services sector that reported $699K in total revenue in fiscal year 2024. Expenses of $657K left a modest 6% surplus.

Mission

TO PROVIDE AN ELDERLY CONGREGATE LIVING PROGRAM.

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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 $3,645

Program Service Revenue $621,161

Investment Income $22,716

Other Revenue $51,830

TOTAL REVENUE $699,352

Expense Breakdown

Grants Paid $0

Salaries & Benefits $299,985

Fundraising Expenses $0

Program Expenses $657,150

Other Expenses $357,165

TOTAL EXPENSES $657,150

Year-over-Year Comparison

	2024	2023	Change
Revenue	$699,352	$651,532	+0.1%
Expenses	$657,150	$637,605	+0.0%
Net Income	$42,202	$13,927	+2.0%

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

$43,741

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERESA CLOUSE	EXECUTIVE DI	40.00	Officer	$43,741	$0	$43,741
MARION GLUNZ	PRESIDENT	N/A	Officer Director	$0	$0	$0
DENNIS HANSON	TREASURER	N/A	Officer Director	$0	$0	$0
KEVIN HARMS	BOARD MEMBER	N/A	Director	$0	$0	$0
TAWNA HOLMSTEDT	SECRETARY	N/A	Officer Director	$0	$0	$0
DONNA MAYER	BOARD MEMBER	N/A	Director	$0	$0	$0
GARY NEWTH	VICE PRESIDE	N/A	Officer 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	$699,352	$657,150	$1,395,660	$42,202
2023	$651,532	$637,605	$1,266,781	$13,927
2022	$484,420	$554,035	$1,282,231	$-69,615
2021	$580,060	$538,672	$1,474,201	$41,388
2020	$469,777	$538,279	$1,467,388	$-68,502
2019	$496,440	$554,267	$1,548,366	$-57,827
2018	$527,953	$569,055	$1,631,445	$-41,102

PERKINS COUNTY RETIREMENT ASSOCIATI ON