Prairie Sunset Home Inc

EIN: 480663067 501(c)(3) Human Services

Pretty Prairie, KS

Total Revenue
$5,308,400
Total Expenses
$4,998,513
Total Assets
$6,426,147
Net Assets
$4,183,100
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
KS
Principal Officer
Tom Goering
Phone
6204596822
Tax Period
2024-01-01 to 2024-12-31

Prairie Sunset Home Inc, founded in 1959, is a community nonprofit in the Human Services sector that reported $5.3M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $5.0M left a modest 6% surplus.

Mission

A Continuing Care Retirement Community(CCRC). The organiztion owns and operates indpendent living cottages and duplexes for the elderly and an Adult Care Home licensed in Kansas to provide Assisted Living and Skilled Nursing services for the elderly and disabled.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $290,863
Program Service Revenue $4,967,984
Investment Income $49,553
Other Revenue $0
TOTAL REVENUE $5,308,400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,037,224
Fundraising Expenses $0
Program Expenses $4,158,768
Other Expenses $1,961,289
TOTAL EXPENSES $4,998,513

Year-over-Year Comparison

2024 2023 Change
Revenue $5,308,400 $4,361,731 +0.2%
Expenses $4,998,513 $4,264,028 +0.2%
Net Income $309,887 $97,703 +2.2%
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

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Governance

Voting Members
7
Independent Members
7
Employees
111
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
4
$119,783
Total Directors
8
$119,783
Key Employees
1
$119,783
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tom Goering President 1.00
Officer Director
$0 $0 $0
Kim Lampe Member 1.00
Director
$0 $0 $0
Evelyn Colvard Secretary 1.00
Officer Director
$0 $0 $0
John Stucky Vice President 1.00
Officer Director
$0 $0 $0
Randy Schrag Member 1.00
Director
$0 $0 $0
Sidney Strohl Member 1.00
Director
$0 $0 $0
Myra Cole Member 1.00
Director
$0 $0 $0
Aaron Kelley Jr Administrator/member 40.00
Officer Director Key Emp Highest
$119,783 $0 $119,783
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 $5,308,400 $4,998,513 $6,426,147 $309,887
2023 $4,361,731 $4,264,028 $6,514,276 $97,703
2022 $5,918,082 $4,506,641 $6,454,734 $1,411,441
2021 $4,215,891 $4,442,916 $5,811,045 $-227,025
2020 $4,673,248 $4,236,066 $6,106,799 $437,182
2019 $4,094,380 $3,921,331 $5,435,022 $173,049
2018 $4,019,042 $3,687,003 $5,428,149 $332,039
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