GOODWIN HOUSE INCORPORATED (EIN 540623670) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1955

Legal Domicile

Principal Officer

ROBERT A LIEBREICH

Phone

7035781000

Tax Period

2023-10-01 to 2024-09-30

GOODWIN HOUSE INCORPORATED, founded in 1955, is a mid-sized nonprofit in the Human Services sector that reported $85.4M in total revenue in fiscal year 2017.

Mission

TO PROVIDE EXEMPLARY SERVICES, BOTH RESIDENTIAL AND HEALTHCARE, TO OLDER ADULTS OF DIVERSE FAITHS THROUGH THE ESTABLISHMENT AND OPERATION OF CONTINUING CARE RETIREMENT COMMUNITIES IN THE NORTHERN VIRGINIA REGION AND TO BROADEN AND EXTEND THE ORGANIZATION'S CHARITABLE PURPOSE BY COORDINATING AND OVERSEEING ACTIVITIES OF ITS AFFILIATED CHARITABLE ORGANIZATIONS.THE VIEW ALEXANDRIA (TVA) IS AN OPERATING UNIT OF GHDC. TVA (FORMERLY THE HERMITAGE NORTHERN VIRGINIA WAS ACQUIRED BY GHDC ON AUGUST 1, 2022 AND CURRENTLY HAS 125 LICENSED ASSISTED LIVING UNITS AND 24 NURSING CARE UNITS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $557,335

Program Service Revenue $105,785,718

Investment Income $8,302,601

Other Revenue $9,669

TOTAL REVENUE $114,655,323

Expense Breakdown

Grants Paid $1,040,566

Salaries & Benefits $63,235,367

Fundraising Expenses $0

Program Expenses $97,180,674

Other Expenses $49,496,390

TOTAL EXPENSES $113,772,323

Year-over-Year Comparison

	2023	2022	Change
Revenue	$114,655,323	$105,146,888	+0.1%
Expenses	$113,772,323	$109,378,558	+0.0%
Net Income	$883,000	$-4,231,670	-1.2%

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

1178

Volunteers

114

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

$2,075,806

Total Directors

Key Employees

$1,705,502

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR CC CLARK	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARY L HIX	CHAIRPERSON - UNTIL 12/2023	1.00	Officer Director	$0	$0	$0
BEN MARCANTONIO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
TUCKER ESKEW	SECRETARY	1.00	Officer Director	$0	$0	$0
VIPIN SAHIJWANI	TREASURER	1.00	Officer Director	$0	$0	$0
GARRETT ERDLE	TRUSTEE	1.00	Director	$0	$0	$0
NINA JANOPAUL	TRUSTEE	1.00	Director	$0	$0	$0
MARK MELLOT	TRUSTEE	1.00	Director	$0	$0	$0
LISA GIESLER	TRUSTEE	1.00	Director	$0	$0	$0
KATIE HORTON	TRUSTEE	1.00	Director	$0	$0	$0
TAMMY MANN	TRUSTEE	1.00	Director	$0	$0	$0
DR ANTHONY J TAMBASCO	TRUSTEE	1.00	Director	$0	$0	$0
JOHN M WEAVER	TRUSTEE	1.00	Director	$0	$0	$0
YASAMIN AL ASKARI	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT A LIEBREICH	PRESIDENT/CEO	36.00	Officer	$584,689	$51,381	$636,070
ANDREW SIEGEL	CHIEF BUSINESS DEVELOPMENT	37.00	Officer	$290,825	$28,493	$319,318
REBECCA DUAN	ASST SEC/CONTROLLER	37.00	Officer	$189,072	$21,210	$210,282
HOLLY OUTLAW	CHIEF OF STAFF	37.00	Officer	$168,850	$18,919	$187,769
TIMOTHY SMITH	CHIEF FIANANCIAL OFFICER	36.00	Officer	$366,318	$41,202	$407,520
CHANDARA KUMAR	CHIEF OPERATING OFFICER	36.00	Officer	$287,287	$27,560	$314,847
JUSTIN CARWILE	EXECUTIVE DIRECTOR-GHBC	40.00	Key Emp	$199,179	$21,973	$221,152
LINDSAY HUTTER	CHIEF MARKETING & STRATEGY	40.00	Key Emp	$355,798	$33,802	$389,600
FRAN CASEY	DIRECTOR OF HUMAN RESOURCES	40.00	Key Emp	$294,455	$28,994	$323,449
BARBARA D'AGOSTINO	EXECUTIVE DIRECTOR-GHA	40.00	Key Emp	$246,594	$25,801	$272,395
VALERIE L BURKE	CHIEF PHILANTHROPY OFFICER, GLF ED	38.00	Key Emp	$265,837	$26,784	$292,621
JOSHUA BAGLEY	EXECUTIVE DIRECTOR	40.00	Key Emp	$185,367	$20,918	$206,285
KAREN DOYLE	ADMIN OF HEALTH SERVICES-GHBC	40.00	Highest	$218,399	$22,836	$241,235
SUSAN DOLTON	DIRECTOR OF SALES	40.00	Highest	$279,239	$30,312	$309,551
DOREEN KORANKYE-TAYLOR	NURSE SUPERVISOR	40.00	Highest	$166,585	$19,643	$186,228
MARGARET GLORIA	HOSPICE MEDICAL DIRECTOR	40.00	Highest	$241,764	$24,606	$266,370
SAIDU KABBA	NURSE SUPERVISOR	40.00	Highest	$175,921	$20,226	$196,147

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
2024	$114,655,323	$113,772,323	$453,162,391	$883,000
2023	$105,146,888	$109,378,558	$434,165,184	$-4,231,670
2022	$119,566,504	$102,284,333	$416,722,773	$17,282,171
2021	$109,508,883	$95,987,997	$441,770,291	$13,520,886
2020	$98,934,922	$95,643,948	$432,803,167	$3,290,974
2019	$93,583,962	$88,525,965	$424,363,325	$5,057,997
2018	$85,359,114	$83,229,255	$424,367,752	$2,129,859

GOODWIN HOUSE INCORPORATED