ASBURY SOLOMONS INC

EIN: 521862675 501(c)(3)

FREDERICK, MD

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
1994
Legal Domicile
MD
Principal Officer
ROBIN STERN
Phone
4103943029
Tax Period
2019-01-01 to 2019-12-03

Mission

OUR MISSION IS TO DO ALL THE GOOD WE CAN BY PROVIDING EXCEPTIONAL LIFESTYLE OPPORTUNITIES TO THOSE WE SERVE.

Program Service Accomplishments

Program 1

ON MARCH 1, 2017, ASBURY SOLOMONS AND ASBURY ATLANTIC ENTERED INTO ABILL OF SALE AND TRANSFER AGREEMENT. UNDER THE TERMS OF THE AGREEMENT, ASBURY SOLOMONS TRANSFERRED ITS OPERATIONS TO ASBURY...

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ON MARCH 1, 2017, ASBURY SOLOMONS AND ASBURY ATLANTIC ENTERED INTO ABILL OF SALE AND TRANSFER AGREEMENT. UNDER THE TERMS OF THE AGREEMENT, ASBURY SOLOMONS TRANSFERRED ITS OPERATIONS TO ASBURY ATANTIC. THE LEGAL ENTITY KNOWN AS ASBURY SOLOMONS WAS DISSOLVED DECEMBER 3, 2019.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2019 2018 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
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

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Governance

Voting Members
15
Independent Members
10
Employees
N/A
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
3
$1,261,196
Total Directors
3
$1,261,196
Key Employees
1
$204,124
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUE DACAMARA PRESIDENT 1.00
Officer Director
$0 $24,046 $514,486
ANDREW JEANNERET ASST. TREASURER 1.00
Officer Director
$0 $23,922 $443,649
ANDREW JOSEPH SECRETARY 1.00
Officer Director
$0 $24,265 $303,061
KELLY FRIEDMAN EXECUTIVE DIRECTOR, SOLOMONS 60.00
Key Emp
$0 $3,468 $204,124
DEBORAH L JONES DIRECTOR SALES 40.00
Highest
$0 $17,751 $135,174
NANCY V BALDERSON AL MANAGER, RN 40.00
Highest
$0 $6,058 $121,191
DENNIS R POREMSKI DIRECTOR WELLNESS 40.00
Highest
$0 $3,628 $115,117
SAMANTHA D WILLIAMS DIRECTOR NURSING 40.00
Highest
$0 $13,680 $121,756
LORA K JARBOE NURSE MANAGER 40.00
Highest
$0 $4,880 $106,707
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
2019 No data No data No data No data
2018 No data No data $210,250 No data
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