ARDMORE ENTERPRISES INC (EIN 520801367) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1963

Legal Domicile

Principal Officer

LORI SEDLEZKY

Phone

3013062575

Tax Period

2023-07-01 to 2024-06-30

ARDMORE ENTERPRISES INC, founded in 1963, is a mid-sized nonprofit in the Employment sector that reported $24.7M in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.4M, a strong 18% operating margin.

Mission

ARDMORE EMPOWERS PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO LIVE FULFILLING LIVES DEFINED BY INDEPENDENCE, CHOICE, INCLUSION, AND COMMUNITY ENGAGEMENT. WE SUPPORT PEOPLE TO LIVE THE LIVES THEY CHOOSE ON THEIR OWN TERMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $95,807

Program Service Revenue $23,864,329

Investment Income $480,721

Other Revenue $304,126

TOTAL REVENUE $24,744,983

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,852,809

Fundraising Expenses $100,536

Program Expenses $17,319,180

Other Expenses $3,499,598

TOTAL EXPENSES $20,352,407

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,744,983	$17,590,412	+0.4%
Expenses	$20,352,407	$16,112,059	+0.3%
Net Income	$4,392,576	$1,478,353	+2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

349

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

$337,196

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BENONS	PRESIDENT	2.00	Officer Director	$0	$0	$0
VELMA R HART	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MAURICE SIMPSON	TREASURER	2.00	Officer Director	$0	$0	$0
MARCIA CORT	SECRETARY	2.00	Officer Director	$0	$0	$0
JENIFER CAISON	DIRECTOR	2.00	Director	$0	$0	$0
AUDREY FARLEY	DIRECTOR	2.00	Director	$0	$0	$0
ALEXANDER FEINSTEIN	DIRECTOR	2.00	Director	$0	$0	$0
COLETTE R GRESHMAN	DIRECTOR	2.00	Director	$0	$0	$0
ANGEL GOLDSBOROUGH	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH KABUYE	DIRECTOR	2.00	Director	$0	$0	$0
LINDA MENDOZA	DIRECTOR	2.00	Director	$0	$0	$0
DAVION PERCY	DIRECTOR	2.00	Director	$0	$0	$0
MANUEL SARITA TERRERO	DIRECTOR	2.00	Director	$0	$0	$0
LISA THOMAS	DIRECTOR	2.00	Director	$0	$0	$0
HOWARD STONE JR	DIRECTOR	2.00	Director	$0	$0	$0
AGNES DIANNE WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
NAKIA WRIGHT	DIRECTOR	2.00	Director	$0	$0	$0
LORI SEDLEZKY	CEO	40.00	Officer	$176,935	$14,027	$190,962
DAVID SCHEY	CFO	40.00	Officer	$137,786	$8,448	$146,234

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	$24,744,983	$20,352,407	$18,066,026	$4,392,576
2023	$17,590,412	$16,112,059	$19,731,019	$1,478,353
2022	$14,209,959	$12,808,340	$11,892,119	$1,401,619
2021	$13,293,594	$11,461,950	$12,191,941	$1,831,644
2020	$10,559,877	$10,861,729	$11,444,406	$-301,852
2019	$10,235,464	$10,150,772	$9,998,265	$84,692
2018	$9,818,639	$9,400,389	$9,844,721	$418,250

ARDMORE ENTERPRISES INC