Kingman County Retirement Home Assoc

EIN: 481022366 501(c)(3) Human Services

Kingman, KS

Total Revenue
$5,127,133
Total Expenses
$5,160,004
Total Assets
$7,962,281
Net Assets
$6,551,498
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
KS
Principal Officer
Lance Dixon
Phone
6205325801
Tax Period
2024-01-01 to 2024-12-31

Kingman County Retirement Home Assoc, founded in 1986, is a community nonprofit in the Human Services sector that reported $5.1M in total revenue in fiscal year 2024.

Mission

Nursing home for the elderly The organization owns and operates an intermediate care nursing facility for the aged and disabled. Independent living apartments

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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 $77,776
Program Service Revenue $4,888,774
Investment Income $171,686
Other Revenue $-11,103
TOTAL REVENUE $5,127,133

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,296,060
Fundraising Expenses $0
Program Expenses $4,335,310
Other Expenses $1,863,944
TOTAL EXPENSES $5,160,004

Year-over-Year Comparison

2024 2023 Change
Revenue $5,127,133 $5,124,381 +0.0%
Expenses $5,160,004 $4,749,371 +0.1%
Net Income $-32,871 $375,010 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
153
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
$129,164
Total Directors
7
$0
Key Employees
1
$129,164
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julie Wollen Member 1.00
Director
$0 $0 $0
John Kuszmaul Vice-president 1.00
Officer Director
$0 $0 $0
Gale Cushenberry Member 1.00
Director
$0 $0 $0
Joe Harbert Secretary/treasurer 1.00
Officer Director
$0 $0 $0
Curtis Watkins Member 1.00
Director
$0 $0 $0
Lance Dixon President 1.00
Officer Director
$0 $0 $0
Gregory Heikes Member 1.00
Director
$0 $0 $0
Nikki Schmitz Administrator 40.00
Officer Key Emp Highest
$129,164 $0 $129,164
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 $5,127,133 $5,160,004 $7,962,281 $-32,871
2023 $5,124,381 $4,749,371 $8,141,368 $375,010
2022 $4,920,568 $4,465,518 $7,888,037 $455,050
2021 $4,994,284 $4,284,026 $7,779,000 $710,258
2020 $4,717,549 $4,479,821 $6,976,353 $237,728
2019 $4,589,990 $4,375,212 $6,371,537 $214,778
2018 $4,613,051 $4,336,496 $4,726,732 $276,555
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