THE MOORINGS INCORPORATED (EIN 591834357) - 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

1975

Legal Domicile

Principal Officer

DANIEL J LAVENDER

Phone

2396439111

Tax Period

2024-01-01 to 2024-12-31

THE MOORINGS INCORPORATED, founded in 1975, is a major nonprofit in the Human Services sector that reported $162.2M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $144.9M left a modest 11% surplus.

Mission

TO PROVIDE SIMPLY THE BEST FACILITIES, SERVICES AND PROGRAMS FOR SUCCESSFUL AGING WITH PROFESSIONAL AND COMPASSIONATE CARE TO EACH PERSON 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,050,356

Program Service Revenue $139,712,020

Investment Income $20,764,015

Other Revenue $693,486

TOTAL REVENUE $162,219,877

Expense Breakdown

Grants Paid $3,231,500

Salaries & Benefits $32,399,161

Fundraising Expenses $0

Program Expenses $139,054,458

Other Expenses $109,293,578

TOTAL EXPENSES $144,924,239

Year-over-Year Comparison

	2024	2023	Change
Revenue	$162,219,877	$132,853,777	+0.2%
Expenses	$144,924,239	$134,692,234	+0.1%
Net Income	$17,295,638	$-1,838,457	-10.4%

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

675

Volunteers

109

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

$1,845,283

Total Directors

$701,638

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL LAVENDER	PRESIDENT/CHIEF EXECUTIVE OFFICER	2.00	Officer Director	$0	$33,973	$701,638
ROSS DICKMANN THRU 123124	CHIEF OPERATING OFFICER	2.00	Officer	$0	$25,549	$435,020
MARY MORTON CPA	CHIEF FINANCIAL OFFICER	2.00	Officer	$0	$33,062	$406,820
KATY KURILI	E.D. - MPGL/COO (AS OF 9.23.24)	2.00	Officer	$192,327	$28,684	$301,805
JESSICA SHORT	EXECUTIVE DIRECTOR - MPOC	40.00	Highest	$285,615	$149	$285,764
CELESTE LYNCH	EXECUTIVE DIRECTOR - MPGO	40.00	Highest	$199,938	$18,333	$218,271
RACHEL BRUHN	DIRECTOR SALES	40.00	Highest	$179,092	$24,537	$203,629
KARIN NORBECK	DIRECTOR - SALES & MARKETING	40.00	Highest	$176,342	$21,017	$197,359
GINA PARIS	DIRECTOR - SALES & MARKETING	40.00	Highest	$174,800	$14,675	$189,475
LAURIE COWAN PHILLIPS	CHAIR	2.00	Officer Director	$0	$0	$0
LAURA HOLQUIST	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
ELLEN WILSON	DIRECTOR (THRU 6.30.24)	2.00	Director	$0	$0	$0
JOSEPH ZACCAGNINO	DIRECTOR	2.00	Director	$0	$0	$0
JEFFREY FRIDKIN	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL HOLE	DIRECTOR	2.00	Director	$0	$0	$0
KAYDA JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT TOTTERDALE	DIRECTOR (THRU 6.30.24)	2.00	Director	$0	$0	$0

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	$162,219,877	$144,924,239	$1,156,251,394	$17,295,638
2023	$132,853,777	$134,692,234	$1,075,683,832	$-1,838,457
2022	$111,174,062	$123,252,018	$990,580,916	$-12,077,956
2021	$103,391,616	$102,963,982	$850,838,065	$427,634
2020	$87,457,786	$95,849,603	$734,626,262	$-8,391,817
2019	$84,004,194	$91,368,986	$674,178,247	$-7,364,792
2018	$83,816,508	$88,215,442	$642,476,500	$-4,398,934

THE MOORINGS INCORPORATED