RANDOLPH-PROGRESSIVE ELDERCARE SERVICES INC (EIN 474341640) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

MELORA DAVIS

Phone

8708922523

Tax Period

2023-01-01 to 2023-12-31

RANDOLPH -PROGRESSIVE ELDERCARE SERVICES INC, founded in 2015, is a community nonprofit in the Health Care sector that reported $4.6M in total revenue in fiscal year 2018. Revenue decreased 10% compared to the prior year. Expenses of $5.0M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO FACILITATE COMPASSIONATE HEALTH CARE WITH CLINICAL QUALITY AND SERVICE EXCELLENCE IN A DIGNIFIED AND RESPECTFUL "HOME" ENVIRONMENT FOR ELDERS WHO REQUIRE LONG-TERM CARE SERVICES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $999

Other Expenses $14,425

TOTAL EXPENSES $14,425

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$23,451	-1.0%
Expenses	$14,425	$21,898	-0.3%
Net Income	N/A	$1,553	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELORA DAVIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANDREW JANSEN	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	No data	$14,425	$51,111	No data
2022	$23,451	$21,898	$91,984	$1,553
2021	$343,586	$26,814	$90,268	$316,772
2020	$44	$31,961	$126,347	$-31,917
2019	$3,298,222	$3,332,865	$349,438	$-34,643
2018	$4,557,852	$5,043,935	$729,984	$-486,083

RANDOLPH-PROGRESSIVE ELDERCARE SERVICES INC