THE GENESIS HEALTH FOUNDATION INC (EIN 592249340) - 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

1992

Legal Domicile

Phone

9043457600

Tax Period

2023-01-01 to 2023-12-31

THE GENESIS HEALTH FOUNDATION INC, founded in 1992, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $693K, a strong 42% operating margin.

Mission

SUPPORT AND FUNDRAISING FOR GENESIS HEALTH, INC. (BROOKS HEALTH SYSTEM) AND ITS AFFILIATES

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,247,537

Program Service Revenue $0

Investment Income $0

Other Revenue $410,302

TOTAL REVENUE $1,657,839

Expense Breakdown

Grants Paid $508,257

Salaries & Benefits $289,233

Fundraising Expenses $0

Program Expenses $902,498

Other Expenses $167,806

TOTAL EXPENSES $965,296

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,657,839	$884,797	+0.9%
Expenses	$965,296	$810,190	+0.2%
Net Income	$692,543	$74,607	+8.3%

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

N/A

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

$1,096,956

Total Directors

$1,806,387

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Chairman/President	1.0	Officer Director	$0	$69,297	$652,428
N/A	CFO	1.0	Officer Director	$0	$7,929	$444,528
N/A	Board Member	1.0	Director	$0	$0	$47,700
N/A	Board Member	1.0	Director	$0	$0	$34,200
N/A	Board Member	1.0	Director	$0	$33,150	$313,294
N/A	Board Member	1.0	Director	$0	$49,667	$314,237

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	No data	No data	No data	No data
2023	$1,657,839	$965,296	$8,868,750	$692,543
2022	$884,797	$810,190	$6,990,548	$74,607
2022	$884,797	$810,190	$6,990,548	$74,607
2021	$1,338,706	$370,443	$6,478,828	$968,263
2021	$1,338,706	$370,443	$6,478,828	$968,263
2020	$547,347	$372,779	$5,033,229	$174,568

THE GENESIS HEALTH FOUNDATION INC