THE NICOL HOME INC (EIN 480686394) - 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

1962

Legal Domicile

Principal Officer

TRACY TRAVIS

Phone

7855682251

Tax Period

2023-01-01 to 2023-12-31

THE NICOL HOME INC, founded in 1962, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2023. Expenses of $2.9M left a modest 8% surplus.

Mission

THE NICOL HOME, INC. IS DEDICATED TO PROVIDING QUALITY, COMPASSIONATE CARE TO ITS RESIDENTS WITH WELL-TRAINED, PROFESSIONAL EMPLOYEES. EVERYONE WILL BE TREATED WITH DIGNITY AND RESPECT IN A HOME-LIKE ATMOSPHERE WHILE BEING GIVEN THE BEST POSSIBLE CARE TO MEET THEIR PHYSICAL, MENTAL, AND SOCIAL NEEDS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $137,543

Program Service Revenue $2,903,834

Investment Income $1,564

Other Revenue $76,790

TOTAL REVENUE $3,119,731

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,650,971

Fundraising Expenses $0

Program Expenses $2,589,099

Other Expenses $1,231,022

TOTAL EXPENSES $2,881,993

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,119,731	$2,916,868	+0.1%
Expenses	$2,881,993	$2,706,262	+0.1%
Net Income	$237,738	$210,606	+0.1%

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

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
TRACY TRAVIS	PRESIDENT	0.50	Officer Director	$0	$0	$0
JAN MCCLELLAN	VICE PRESIDENT/TREASURER	0.50	Officer Director	$0	$0	$0
DAVID MELTON	VOTING MEMBER	0.50	Director	$0	$0	$0
MICHELLE LABES	VOTING MEMBER	0.50	Director	$0	$0	$0
MARVIN HENNING	VOTING MEMBER	0.50	Director	$0	$0	$0
SHELLY WILSON	VOTING MEMBER	0.50	Director	$0	$0	$0
PATRICK GRAY	VOTING MEMBER	0.50	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	$3,119,731	$2,881,993	$1,538,690	$237,738
2022	$2,916,868	$2,706,262	$1,397,236	$210,606
2021	$2,444,062	$2,386,668	$1,425,360	$57,394
2020	$2,501,750	$2,238,586	$1,217,491	$263,164
2019	$2,105,510	$2,073,530	$670,802	$31,980
2018	$1,953,975	$2,028,604	$630,171	$-74,629

THE NICOL HOME INC