ASBURY PARK INC (EIN 480643930) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1960

Legal Domicile

Phone

3167722657

Tax Period

2023-01-01 to 2023-12-31

ASBURY PARK INC, founded in 1960, is a micro nonprofit in the Human Services sector that reported $49K in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $38K, a strong 78% operating margin.

Mission

NURSING HOME & ASSISTED LIVING FACILITY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $25,915

Program Service Revenue $6,284

Investment Income $15,618

Other Revenue $916

TOTAL REVENUE $48,733

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $10,953

TOTAL EXPENSES $10,953

Year-over-Year Comparison

	2023	2022	Change
Revenue	$48,733	$1,511,256	-1.0%
Expenses	$10,953	$60,806	-0.8%
Net Income	$37,780	$1,450,450	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$12,600

Total Directors

$12,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROD KREIE	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
VALLERIE GLEASON	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
LARRY KRUEGER	BOARD MEMBER	1.00	Director	$0	$0	$0
GARY DENNY	BOARD MEMBER	1.00	Director	$0	$0	$0
DONALD VOTH	CHIEF EXECUTIVE OFFICER	4.00	Officer Director	$0	$0	$12,600

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	$48,733	$10,953	$1,135,752	$37,780
2022	$1,511,256	$60,806	$1,043,237	$1,450,450
2021	$2,160,199	$1,159,563	$1,548,886	$1,000,636
2020	$9,676,947	$10,783,339	$18,340,489	$-1,106,392
2019	$10,320,602	$11,182,284	$18,570,764	$-861,682
2018	$10,647,318	$11,039,818	$19,558,817	$-392,500

ASBURY PARK INC