ANDBE HOME INC (EIN 480671740) - 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

1961

Legal Domicile

Phone

7858772601

Tax Period

2024-01-01 to 2024-12-31

ANDBE HOME INC, founded in 1961, is a community nonprofit in the Health Care sector that reported $2.9M in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $3.3M exceeded revenue, resulting in a 14% operating deficit.

Mission

NURSING HOME RESIDENT CARE

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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 $2,691

Program Service Revenue $2,874,288

Investment Income $29,228

Other Revenue $-23,067

TOTAL REVENUE $2,883,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,189,516

Fundraising Expenses $0

Program Expenses $2,964,186

Other Expenses $1,110,251

TOTAL EXPENSES $3,299,767

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,883,140	$4,898,164	-0.4%
Expenses	$3,299,767	$3,754,118	-0.1%
Net Income	$-416,627	$1,144,046	-1.4%

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

132

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
GLENDA MAURER	Secretary	3.00	Officer Director	$0	$0	$0
MATTHEW WOODYARD	President	4.00	Officer Director	$0	$0	$0
MARVIN MATCHETT	Vice President	2.00	Officer Director	$0	$0	$0
TARA RISEWICK	BOARD MEMBER	2.00	Director	$0	$0	$0
AMIE MENAGH	BOARD MEMBER	2.00	Director	$0	$0	$0
DEBORAH ANDERSON	BOARD MEMBER	2.00	Director	$0	$0	$0
CLAY MADDEN	Treasurer	3.00	Officer 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	$2,883,140	$3,299,767	$4,335,864	$-416,627
2023	$4,898,164	$3,754,118	$5,016,415	$1,144,046
2022	$3,735,897	$3,616,273	$2,865,578	$119,624
2021	$3,505,748	$4,118,748	$2,693,547	$-613,000
2021	$4,201,334	$4,118,748	$3,389,133	$82,586
2020	$6,037,994	$5,326,409	$3,366,693	$711,585
2019	$5,111,158	$5,125,391	$3,183,477	$-14,233
2018	$5,030,019	$4,823,419	$3,251,159	$206,600

ANDBE HOME INC