SENIORCARE OF MONTCHANIN INC HAMILTON CONTINUING CARE CTR (EIN 510393781) - 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

2000

Legal Domicile

Principal Officer

MITCHELL RUSSELL

Phone

6095880091

Tax Period

2023-01-01 to 2023-12-31

SENIORCARE OF MONTCHANIN INC HAMILTON CONTINUING CARE CTR, founded in 2000, is a mid-sized nonprofit in the Housing & Shelter sector that reported $27.0M in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14.8M, a strong 55% operating margin.

Mission

TO PROVIDE A COMFORTING AND SECURE ENVIRONMENT TO RESIDENTS OF THE CENTER

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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 $8,093,976

Investment Income $18,310,470

Other Revenue $591,235

TOTAL REVENUE $26,995,681

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,772,580

Fundraising Expenses $0

Program Expenses $9,016,402

Other Expenses $6,458,012

TOTAL EXPENSES $12,230,592

Year-over-Year Comparison

	2023	2022	Change
Revenue	$26,995,681	$16,386,230	+0.6%
Expenses	$12,230,592	$16,931,513	-0.3%
Net Income	$14,765,089	$-545,283	-28.1%

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

N/A

Employees

170

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

$413,252

Total Directors

$160,000

Key Employees

$250,831

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MITCHELL RUSSELL	PRESIDENT/TREASURER	7.50	Officer Director	$120,000	$0	$120,000
IRA STUDIN	DIRECTOR	5.00	Officer Director	$20,000	$0	$20,000
MARIO ZACHARAJASZ	DIRECTOR	5.00	Director	$20,000	$0	$20,000
JOSEF BOGDAN	ADMINISTRATOR	40.00	Officer	$152,255	$14,503	$166,758
SUZANNE MANTELL	BUSINESS OFFICE MANAGER	40.00	Officer	$94,069	$12,425	$106,494
NEHA MERCHANT	ASSISTANT DIRECTOR OF NURS	80.00	Key Emp	$247,277	$3,554	$250,831
MARIANNA RESNICK	DIRECTOR OF NURSING	40.00	Highest	$143,439	$15,926	$159,365

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
2023	$26,995,681	$12,230,592	$2,110,219	$14,765,089
2022	$16,386,230	$16,931,513	$10,543,217	$-545,283
2021	$15,044,151	$16,185,444	$10,084,234	$-1,141,293
2020	$16,682,571	$16,869,203	$10,464,619	$-186,632
2019	$16,234,016	$16,811,926	$10,920,796	$-577,910
2018	$16,046,599	$17,077,120	$11,369,517	$-1,030,521

SENIORCARE OF MONTCHANIN INC HAMILTON CONTINUING CARE CTR