THE GLEBE INC

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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

1998

Legal Domicile

Principal Officer

JONATHAN COOK

Phone

8045219206

Tax Period

2024-01-01 to 2024-12-31

THE GLEBE INC, founded in 1998, is a mid-sized nonprofit in the Housing & Shelter sector that reported $21.5M in total revenue in fiscal year 2024.

Mission

TO PROVIDE "DIGNITY IN LIVING" FOR SENIOR ADULTS WHO RESIDE IN THIS PLANNED SERVICES COMMUNITY, SOME OF WHOM CANNOT AFFORD TO PAY THE FULL COST OF THEIR CARE.

Program Service Accomplishments

Program 1

Expenses: $21,647,768 Revenue: $22,189,307

WE WERE ABLE TO PROVIDE BOTH RESIDENTIAL AND HEALTH CARE SERVICES TO OUR RESIDENTS, SOME OF WHOM ARE UNABLE TO COVER THE FULL COST OF THEIR CARE. WE PROVIDED $49,625 IN SUBSIDIES AND INDIGENCE...

WE WERE ABLE TO PROVIDE BOTH RESIDENTIAL AND HEALTH CARE SERVICES TO OUR RESIDENTS, SOME OF WHOM ARE UNABLE TO COVER THE FULL COST OF THEIR CARE. WE PROVIDED $49,625 IN SUBSIDIES AND INDIGENCE ALLOWANCES TO OUR RESIDENTS IN 2024, PERTAINING TO 2 RESIDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $9,839

Program Service Revenue $21,605,999

Investment Income $1,382,686

Other Revenue $-1,488,124

TOTAL REVENUE $21,510,400

Expense Breakdown

Grants Paid $49,625

Salaries & Benefits $9,906,629

Fundraising Expenses $0

Program Expenses $21,647,768

Other Expenses $13,634,733

TOTAL EXPENSES $23,590,987

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,510,400	$21,143,303	+0.0%
Expenses	$23,590,987	$22,006,379	+0.1%
Net Income	$-2,080,587	$-863,076	+1.4%

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

N/A

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

$2,286,273

Total Directors

Key Employees

$253,697

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV NELSON HARRIS	CHAIR	1.00	Officer Director	$0	$0	$0
MRS SARA L MARCHELLO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MR MATTHEW SCOTT	SECRETARY	1.00	Officer Director	$0	$0	$0
MR JAMES BALES	TRUSTEE	1.00	Director	$0	$0	$0
MS SHARON BROOKS	TRUSTEE	1.00	Director	$0	$0	$0
DR VALERIE CARTER	TRUSTEE	1.00	Director	$0	$0	$0
REV DANIEL CARLTON	TRUSTEE	1.00	Director	$0	$0	$0
MR SCOTT CAVE	TRUSTEE	1.00	Director	$0	$0	$0
DR TIFFANY FRANKS	TRUSTEE	1.00	Director	$0	$0	$0
MR JOHN JUNG	TRUSTEE	1.00	Director	$0	$0	$0
MR ARNIE OWENS	TRUSTEE	1.00	Director	$0	$0	$0
DR PAM PARSONS	TRUSTEE	1.00	Director	$0	$0	$0
MR JIM POATS	TRUSTEE	1.00	Director	$0	$0	$0
MR JOHN POMA	TRUSTEE	1.00	Director	$0	$0	$0
MRS SUSAN RUCKER	TRUSTEE	1.00	Director	$0	$0	$0
MR GARY THOMSON	TRUSTEE	1.00	Director	$0	$0	$0
MR JIM VAUGHT	TRUSTEE	1.00	Director	$0	$0	$0
JONATHAN COOK	PRESIDENT & CEO	1.00	Officer	$0	$48,553	$760,478
LISA LEGEER	CSO	1.00	Officer	$0	$57,588	$405,475
TRACY JENNINGS	COO	1.00	Officer	$0	$45,574	$439,978
CHRIS MARKWITH	CFO (THRU 2/2024)	1.00	Officer	$0	$12,587	$156,307
ERIK MAURITSEN	CFO (AS OF 5/2024)	1.00	Officer	$0	$24,428	$184,573
JOHN P ROBINSON	CHIEF MARKETING OFFICER	1.00	Officer	$0	$66,084	$339,462
ELLEN HARVEY-D'ARDENNE	EXECUTIVE DIRECTOR	40.00	Key Emp	$221,111	$32,586	$253,697
SHELLI SCHINKUS	DIRECTOR OF SALES AND MARK	40.00	Highest	$175,476	$32,173	$207,649
STEPHANIE CLOWER	HEALTHCARE ADMINISTRATOR	40.00	Highest	$160,434	$28,877	$189,311
JOYCE HORTON	ENVIORNMENTAL SERVICES MAN	40.00	Highest	$104,436	$11,420	$115,856
LEE MCMILLAN	DIRECTOR OF CULINARY SERVICES	40.00	Highest	$101,761	$29,907	$131,668

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	$21,510,400	$23,590,987	$100,883,813	$-2,080,587
2023	$21,143,303	$22,006,379	$81,269,633	$-863,076
2022	$18,720,832	$21,228,429	$74,725,099	$-2,507,597
2021	$20,057,701	$19,409,303	$79,347,451	$648,398
2020	$17,666,909	$18,480,949	$76,475,008	$-814,040
2019	$17,153,820	$16,778,888	$70,531,626	$374,932
2018	$16,393,756	$15,613,740	$67,961,649	$780,016