COFFMAN NURSING HOME INC

EIN: 520782152 501(c)(3)

HAGERSTOWN, MD

Total Revenue
$6,074,916
Total Expenses
$6,528,979
Total Assets
$4,387,897
Net Assets
$3,605,351
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
MD
Principal Officer
SUE GRAFF
Phone
3017332914
Tax Period
2021-07-01 to 2022-06-30

COFFMAN NURSING HOME INC, founded in 1962, is a community nonprofit that reported $6.1M in total revenue in fiscal year 2021.

Mission

To provide nursing care for the elderly.

Program Service Accomplishments

Program 1
Expenses: $5,663,040 Revenue: $5,493,882

To provide nursing care for the elderly.

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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 (2021)

Revenue Breakdown

Contributions & Grants $581,022
Program Service Revenue $5,493,882
Investment Income $12
Other Revenue $0
TOTAL REVENUE $6,074,916

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,045,188
Fundraising Expenses $0
Program Expenses $5,663,040
Other Expenses $2,483,791
TOTAL EXPENSES $6,528,979

Year-over-Year Comparison

2021 2020 Change
Revenue $6,074,916 $5,813,675 +0.0%
Expenses $6,528,979 $6,101,508 +0.1%
Net Income $-454,063 $-287,833 +0.6%
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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Governance

Voting Members
7
Independent Members
7
Employees
117
Volunteers
15

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
1
$121,702
Total Directors
11
$121,702
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Allison Frazee DON 45.00
$116,288 $5,844 $122,132
NICK MASON Pres/Admin 40.00
Officer Director
$118,079 $3,623 $121,702
DEBORAH PARK Director 0.25
Director
$0 $0 $0
RICHARD RUTHERFORD Director 0.25
Director
$0 $0 $0
NANCY EICHELBERGER Director 0.25
Director
$0 $0 $0
KATHY HARPLE Secretary 0.25
Director
$0 $0 $0
NICK HILL Vice Chair 0.25
Director
$0 $0 $0
SUE GRAFF Chairman 0.25
Director
$0 $0 $0
JASON ELLIS Treasurer 0.25
Director
$0 $0 $0
STARLA WARD Director 0.25
Director
$0 $0 $0
NOEL BRADY Director 0.25
Director
$0 $0 $0
CORBIN KNOLLMAN Director 0.25
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
2022 $6,074,916 $6,528,979 $4,387,897 $-454,063
2022 $5,751,401 $2,325,200 No data $3,426,201
2021 $5,813,675 $6,101,508 $4,992,098 $-287,833
2020 $6,346,247 $6,243,684 $5,925,898 $102,563
2019 $6,396,753 $6,126,319 $5,259,182 $270,434
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