GERIMED INC (EIN 470727973) - 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

1989

Legal Domicile

Phone

4028276000

Tax Period

2023-01-01 to 2023-12-31

GERIMED INC, founded in 1989, is a small nonprofit that reported $820K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $155K, a strong 19% operating margin.

Mission

To provide quality pharmacy service to the residents of our healthcare family and other nonprofit care communities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $45,960

Investment Income $15,466

Other Revenue $758,138

TOTAL REVENUE $819,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $158,216

Fundraising Expenses $0

Program Expenses $658,811

Other Expenses $506,216

TOTAL EXPENSES $664,432

Year-over-Year Comparison

	2023	2022	Change
Revenue	$819,564	$618,694	+0.3%
Expenses	$664,432	$674,020	0.0%
Net Income	$155,132	$-55,326	-3.8%

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

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

$486,263

Total Directors

$486,263

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Debra L Thacker	CFO	2.00	Officer Director	$0	$17,132	$243,248
Lois Jordan	President CEO	2.00	Officer Director	$0	$19,321	$243,015
Marc Butterfield	Chairman	1.00	Officer Director	$0	$0	$0
Lyn Holley	Secretary Treasurer	1.00	Officer Director	$0	$0	$0
Robert Bloechle	Director	1.00	Director	$0	$0	$0
Stephanie O'Keefe	Director	1.00	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	No data	No data	No data	No data
2023	$819,564	$664,432	$1,422,227	$155,132
2022	$618,694	$674,020	$1,213,200	$-55,326
2021	$681,120	$683,195	$1,321,538	$-2,075
2020	$615,090	$660,934	$1,310,677	$-45,844
2019	$708,776	$738,446	$1,336,185	$-29,670
2018	$759,320	$662,774	$1,342,491	$96,546

GERIMED INC