Aston Park Health Care Center Inc

EIN: 560126590 501(c)(3) Philanthropy & Grantmaking

Salisbury, NC

Total Revenue
$17,113,405
Total Expenses
$16,809,372
Total Assets
$20,007,875
Net Assets
$18,991,922
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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
1929
Legal Domicile
NC
Phone
7046372870
Tax Period
2023-10-01 to 2024-09-30

Aston Park Health Care Center Inc, founded in 1929, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $17.1M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

EMPOWERED BY CHRIST, WE WALK TOGETHER WITH ALL WE SERVE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,625
Program Service Revenue $16,775,963
Investment Income $321,470
Other Revenue $12,347
TOTAL REVENUE $17,113,405

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,771,297
Fundraising Expenses $0
Program Expenses $14,323,486
Other Expenses $7,038,075
TOTAL EXPENSES $16,809,372

Year-over-Year Comparison

2023 2022 Change
Revenue $17,113,405 $15,270,920 +0.1%
Expenses $16,809,372 $15,321,602 +0.1%
Net Income $304,033 $-50,682 -7.0%
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
6
Independent Members
6
Employees
190
Volunteers
19

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
$825,640
Total Directors
3
$429,211
Key Employees
1
$295,440
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ted Goins President/CEO 1.0
Officer Director
$0 $13,158 $429,211
Cary M Grant Vice Chair 1.0
Director
$0 $0 $0
Gregory Hudgins Chair 1.0
Director
$0 $0 $0
Karen Maddry Secretary 1.0
Officer
$0 $10,047 $94,526
Kirby Nickerson Chief Financial Officer 1.0
Officer
$0 $15,848 $301,903
Kesha Smith Chief Operating Officer 1.0
Key Emp
$0 $14,715 $295,440
Angelica H Masangkay RN 40.0
Highest
$124,448 $11,230 $135,678
Bernadette Malote RN 40.0
Highest
$177,649 $8,852 $186,501
Isidro Noel Chavez RN 40.0
Highest
$136,688 $11,005 $147,693
Karen A Young RN 40.0
Highest
$115,259 $9,271 $124,530
Marsha W McClure Executive Director 40.0
Highest
$167,997 $12,273 $180,270
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 $17,113,405 $16,809,372 $20,007,875 $304,033
2023 $15,270,920 $15,321,602 $17,825,214 $-50,682
2022 $12,530,764 $13,968,633 $17,105,214 $-1,437,869
2021 $15,520,447 $12,035,458 $24,073,810 $3,484,989
2020 $14,643,303 $11,402,504 $20,730,495 $3,240,799
2019 $11,756,713 $11,801,707 $18,303,461 $-44,994
2018 $11,047,613 $11,481,922 $18,589,391 $-434,309
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