GASTON RESIDENTIAL SERVICES INC

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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

1975

Legal Domicile

Principal Officer

DARLENE NORTON

Phone

7048619280

Tax Period

2023-07-01 to 2024-06-30

GASTON RESIDENTIAL SERVICES INC, founded in 1975, is a community nonprofit in the Human Services sector that reported $6.3M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.1M, a strong 18% operating margin.

Mission

GASTON RESIDENTIAL SERVICES, INC., IS A PRIVATE, NON-PROFIT CORPORATION ESTABLISHED TO PROVIDE LONG-TERM LIVING ARRANGEMENTS FOR PEOPLE WHO ARE DEVELOPMENTALLY DISABLED. THE ORGANIZATION WORKS TO ESTABLISH AND MAINTAIN LIVING SITUATIONS FOR PEOPLE WITH DISABILITIES WHICH CLOSELY RESEMBLE THOSE OF THE COMMUNITY AT LARGE.

Program Service Accomplishments

Program 1

Expenses: $4,107,735 Revenue: $6,163,728

SERVICES INCLUDE, RESIDENTIAL SUPPORTS WHICH PROVIDES FOR ACQUIRING, RETAINING, AND IMPROVING SKILLS FOR ADULTS WITH DEVELOPMENTAL DISABILITIES RELATED TO ACTIVITIES OF DAILY LIVING. PERSONAL CARE...

SERVICES INCLUDE, RESIDENTIAL SUPPORTS WHICH PROVIDES FOR ACQUIRING, RETAINING, AND IMPROVING SKILLS FOR ADULTS WITH DEVELOPMENTAL DISABILITIES RELATED TO ACTIVITIES OF DAILY LIVING. PERSONAL CARE SERVICES INCLUDES SUPPORT, SUPERVISION AND ENGAGING PARTICIPATION WITH EATING, BATHING, DRESSING, PERSONAL HYGIENE, AND OTHER ACTIVITIES OF DAILY LIVING. HOME AND COMMUNITY SUPPORTS ENABLE THE INDIVIDUAL TO ACQUIRE AND MAINTAIN SKILLS THAT WILL ALLOW HIM/HER TO FUNCTION WITH GREATER INDEPENDENCE IN THE COMMUNITY. GRS, INC. PROVIDES SERVICES TO 59 PEOPLE. ANCILLARY SERVICE REVENUE OF $236,571 FOR THE PROGRAMS SUSTAINED IS INCLUDED IN THIS PROGRAM SERVICE.

Program 2

Expenses: $0 Revenue: $26,464

SUPPORTED EMPLOYMENT SERVICES PROVIDE ASSISTANCE WITH CHOOSING, ACQUIRING, AND MAINTAINING A JOB FOR ADULTS WITH DISABILITIES. SERVICES INCLUDE: PRE-JOB TRAINING AND/OR EDUCATION AND DEVELOPMENT...

SUPPORTED EMPLOYMENT SERVICES PROVIDE ASSISTANCE WITH CHOOSING, ACQUIRING, AND MAINTAINING A JOB FOR ADULTS WITH DISABILITIES. SERVICES INCLUDE: PRE-JOB TRAINING AND/OR EDUCATION AND DEVELOPMENT ACTIVITIES TO PREPARE A PARTICIPANT TO ENGAGE IN MEANINGFUL WORK-RELATED ACTIVITIES. GRS PROVIDES VOCATIONAL REHAB SERVICES TO APPROXIMATELY 20 PEOPLE.

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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 $0

Program Service Revenue $6,190,192

Investment Income $107,274

Other Revenue $0

TOTAL REVENUE $6,297,466

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,313,128

Fundraising Expenses $0

Program Expenses $4,107,735

Other Expenses $1,879,711

TOTAL EXPENSES $5,192,839

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,297,466	$5,574,780	+0.1%
Expenses	$5,192,839	$4,985,859	+0.0%
Net Income	$1,104,627	$588,921	+0.9%

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

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

$349,410

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES HOYLE	MEMBER	0.20	Director	$0	$0	$0
SELINA W LEE	MEMBER	0.20	Director	$0	$0	$0
LARRY L CAPPS	MEMBER	0.20	Director	$0	$0	$0
KAREN MORGAN	MEMBER	0.20	Director	$0	$0	$0
ALICE B CARPENTER	MEMBER	0.20	Director	$0	$0	$0
JOHN RUSSELL	MEMBER	0.20	Director	$0	$0	$0
JOE GRIGG	MEMBER	0.20	Director	$0	$0	$0
JOANNE M MITCHELL	MEMBER	0.20	Director	$0	$0	$0
LYNETTE G DEMPERIO	BOARD SECRETARY/TREASURER	0.20	Officer Director	$0	$0	$0
PAUL BRINTLEY	VICE CHAIRMAN	0.20	Officer Director	$0	$0	$0
ZED BRADLEY	CHAIRMAN	0.20	Officer Director	$0	$0	$0
JAMES R KELLOGG	MEMBER	0.20	Director	$0	$0	$0
DARLENE NORTON	PRESIDENT	23.00	Officer	$121,467	$17,835	$139,302
WENDY LEWIS HOUSER	ASSISTANT SECRETARY	30.00	Officer	$81,759	$15,748	$97,507
TOM DAVIS	SECRETARY/TREASURER	23.00	Officer	$104,092	$8,509	$112,601

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
2025	No data	No data	No data	No data
2024	$6,297,466	$5,192,839	$5,261,469	$1,104,627
2023	$5,574,780	$4,985,859	$4,171,389	$588,921
2022	$3,957,943	$3,411,078	$3,583,881	$546,865
2021	$3,311,597	$2,961,123	$3,013,914	$350,474
2020	$3,276,137	$3,222,375	$2,753,187	$53,762
2019	$3,249,784	$3,420,350	$2,925,318	$-170,566