VISITING NURSE COMMUNITIES INC (EIN 471890512) - 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

2015

Legal Domicile

Principal Officer

JACOB SAUERBORN

Phone

6177769800

Tax Period

2024-01-01 to 2024-12-31

VISITING NURSE COMMUNITIES INC, founded in 2015, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $1.6M left a modest 10% surplus.

Mission

TO PROVIDE AFFORDABLE SUPPORTIVE HOUSING SERVICES TO THOSE IN NEED INCLUDING BUT NOT LIMITED TO HOME HEALTH CARE, AFFORDABLE HOUSING AND SUPPORTIVE SERVICES.

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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 $0

Program Service Revenue $1,809,200

Investment Income $1,413

Other Revenue $0

TOTAL REVENUE $1,810,613

Expense Breakdown

Grants Paid $0

Salaries & Benefits $588,021

Fundraising Expenses $0

Program Expenses $1,313,858

Other Expenses $1,048,071

TOTAL EXPENSES $1,636,092

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,810,613	$1,971,210	-0.1%
Expenses	$1,636,092	$1,617,312	+0.0%
Net Income	$174,521	$353,898	-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

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

$513,433

Total Directors

$513,433

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRAN GAYRON	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
ELIZABETH MINASSIAN	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
LINDA S CORNELL	PRESIDENT/CEO	1.00	Officer Director	$0	$68,150	$361,818
ELLEN O'BRIEN	SECRETARY	1.00	Officer Director	$0	$0	$0
SHIPLEY MASON	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT DITUCCI	DIRECTOR	1.00	Director	$0	$0	$0
JOAN LANDERS	DIRECTOR	1.00	Director	$0	$0	$0
JACOB SAUERBORN	CFO/DIRECTOR	1.00	Officer Director	$0	$16,917	$151,615

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	$1,810,613	$1,636,092	$8,578,785	$174,521
2023	$1,971,210	$1,617,312	$8,529,249	$353,898
2022	$1,928,937	$1,975,677	$8,324,512	$-46,740
2021	$1,931,182	$1,808,053	$8,522,333	$123,129
2020	$1,819,384	$1,723,781	$8,685,062	$95,603
2019	$1,716,524	$1,846,082	$8,873,934	$-129,558
2018	$2,043,925	$1,886,990	$9,129,704	$156,935

VISITING NURSE COMMUNITIES INC