RIVER GARDEN HEBREW HOME FOR THE AGED INC (EIN 590624438) - Form 990 Financial Analysis & Trantor Score

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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

1969

Legal Domicile

Phone

9042601818

Tax Period

2024-01-01 to 2024-12-31

RIVER GARDEN HEBREW HOME FOR THE AGED INC, founded in 1969, is a mid-sized nonprofit in the Health Care sector that reported $27.0M in total revenue in fiscal year 2024. Expenses of $30.4M exceeded revenue, resulting in a 13% operating deficit.

Mission

OPERATION OF A 180-BED SKILLED NURSING FACILITY TO MEET GERIATRIC CARE NEEDS OF THE COMMUNITY.

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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 $1,432,680

Program Service Revenue $25,043,208

Investment Income $550,565

Other Revenue $0

TOTAL REVENUE $27,026,453

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,752,733

Fundraising Expenses $212,977

Program Expenses $27,462,516

Other Expenses $13,666,695

TOTAL EXPENSES $30,419,428

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,026,453	$26,396,477	+0.0%
Expenses	$30,419,428	$29,665,319	+0.0%
Net Income	$-3,392,975	$-3,268,842	+0.0%

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

Governance

Voting Members

Independent Members

Employees

412

Volunteers

120

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

$1,024,924

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE HOROVITZ	VP, CO-CHAIR OF ADMISSIONS	1.0	Officer Director	$0	$0	$0
CINDY DEMRI	TREASURER	1.0	Officer Director	$0	$0	$0
DEBBY KAYE	VP, CO-CHAIR OF ADMISSIONS	1.0	Officer Director	$0	$0	$0
MICHAEL PAUL	VP, CO-CHAIR OF ADMISSIONS	1.0	Officer Director	$0	$0	$0
MORRIE OSTERER	VP, CHAIR OF HOUSE	1.0	Officer Director	$0	$0	$0
RACHELLE GOTTLIEB	SECRETARY	1.0	Officer Director	$0	$0	$0
RANDY KAMMER	PRESIDENT	1.0	Officer Director	$0	$0	$0
ADAM MARMELSTEIN	TRUSTEE	1.0	Director	$0	$0	$0
BARBARA SCHNEIDER	TRUSTEE	1.0	Director	$0	$0	$0
CHARLIE JOSEPH	TRUSTEE	1.0	Director	$0	$0	$0
COLMAN BRODSKY	TRUSTEE	1.0	Director	$0	$0	$0
DR LAWRENCE GOLDBERG	TRUSTEE	1.0	Director	$0	$0	$0
DR RON ELINOFF	TRUSTEE	1.0	Director	$0	$0	$0
EDWARD GRENADIER	TRUSTEE	1.0	Director	$0	$0	$0
FAYE MIZRAHI	TRUSTEE	1.0	Director	$0	$0	$0
FRED TROMBERG	TRUSTEE	1.0	Director	$0	$0	$0
GLORIA A EINSTEIN	TRUSTEE	1.0	Director	$0	$0	$0
HERMAN PAUL	TRUSTEE	1.0	Director	$0	$0	$0
HON HARVEY SCHLESINGER	TRUSTEE	1.0	Director	$0	$0	$0
JANIS FLEET	TRUSTEE	1.0	Director	$0	$0	$0
JEFF EDWARDS	TRUSTEE	1.0	Director	$0	$0	$0
JUDY PAUL	TRUSTEE	1.0	Director	$0	$0	$0
LISA WOLFSON	TRUSTEE	1.0	Director	$0	$0	$0
LOIS SCHLESINGER	TRUSTEE	1.0	Director	$0	$0	$0
MARK PENSON	TRUSTEE	1.0	Director	$0	$0	$0
MARSHA POLLOCK	TRUSTEE	1.0	Director	$0	$0	$0
MATT LUFRANO	TRUSTEE	1.0	Director	$0	$0	$0
MICHAEL LISSNER	TRUSTEE	1.0	Director	$0	$0	$0
MICHAEL PRICE	TRUSTEE	1.0	Director	$0	$0	$0
NANCY ROTHSTEIN	TRUSTEE	1.0	Director	$0	$0	$0
NATHAN GOLDMAN	TRUSTEE	1.0	Director	$0	$0	$0
SANDY ZIMMERMAN	TRUSTEE	1.0	Director	$0	$0	$0
SHYLIE BANNON	TRUSTEE	1.0	Director	$0	$0	$0
SUSAN COHEN	TRUSTEE	1.0	Director	$0	$0	$0
SUSAN EDELMAN	TRUSTEE	1.0	Director	$0	$0	$0
VICKI KENNEDY	TRUSTEE	1.0	Director	$0	$0	$0
BETTY SORNA	CHIEF FINANCIAL OFFICER	20.0	Officer	$0	$32,947	$285,453
BOBBIE JO MENTZ	CHIEF OPERATIONS OFFICER	4.0	Officer	$0	$18,639	$206,116
CHRISTINA LEVINE	CHIEF DEVELOPMENT OFFICER	4.0	Officer	$0	$24,089	$143,326
MAURI MIZRAHI	CHIEF EXECUTIVE OFFICER	20.0	Officer	$0	$14,994	$390,029
Dora Agraviador	LPN Charge Nurse	40.0	Highest	$113,027	$0	$113,027
JOY AGGER	RN HOUSE SUPERVISOR	40.0	Highest	$121,887	$11,209	$133,096
KELLI KEELEY	DIRECTOR OF HUMAN RESOURCES	40.0	Highest	$121,239	$3,961	$125,200
ROSANNA VILLAMOR	RN HOUSE SUPERVISOR	40.0	Highest	$128,235	$10,814	$139,049
Thomas Tompkins	Director of Plant Operations	40.0	Highest	$111,779	$7,601	$119,380

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	$27,026,453	$30,419,428	$16,407,720	$-3,392,975
2023	$26,396,477	$29,665,319	$19,963,814	$-3,268,842
2022	$28,944,160	$27,487,573	$24,549,561	$1,456,587
2021	$22,518,113	$23,053,585	$35,569,519	$-535,472
2020	$22,719,881	$23,301,760	$35,936,968	$-581,879
2019	$25,751,511	$25,733,860	$32,548,253	$17,651
2018	$26,391,466	$25,999,347	$30,254,755	$392,119

RIVER GARDEN HEBREW HOME FOR THE AGED INC