Mease Life Residents Foundation Inc (EIN 592437006) - 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

1984

Legal Domicile

Phone

7277383209

Tax Period

2023-01-01 to 2023-12-31

Mease Life Residents Foundation Inc, founded in 1984, is a small nonprofit that reported $143K in total revenue in fiscal year 2023. Revenue fell 95% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $46K, a strong 32% operating margin.

Mission

TO ASSIST THE RESIDENTS OF MEASE LIFE, INC. WHO NEED FINANCIAL ASSISTANCE AND TO FUND CAPITAL AND OPERATING PROJECTS THAT SUPPORT THE 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 (2023)

Revenue Breakdown

Contributions & Grants $28,425

Program Service Revenue $0

Investment Income $114,711

Other Revenue $0

TOTAL REVENUE $143,136

Expense Breakdown

Grants Paid $94,670

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $94,670

Other Expenses $2,750

TOTAL EXPENSES $97,420

Year-over-Year Comparison

	2023	2022	Change
Revenue	$143,136	$2,819,684	-0.9%
Expenses	$97,420	$16,742	+4.8%
Net Income	$45,716	$2,802,942	-1.0%

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

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

$4,341,456

Total Directors

$1,688,638

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CEO & VICE CHAIRMAN	0.5	Officer Director	$0	$886,658	$1,688,638
N/A	DIRECTOR & VICE CHAIRMAN (THRU 9/23)	1.0	Officer Director	$0	$0	$0
N/A	DIRECTOR & PRESIDENT (THRU 9/23)	1.0	Officer Director	$0	$0	$0
N/A	DIRECTOR & CHAIR	1.0	Officer Director	$0	$0	$0
N/A	DIRECTOR & SECRETARY	1.0	Officer Director	$0	$0	$0
N/A	DIRECTOR & TREASURER	1.0	Officer Director	$0	$0	$0
N/A	DIRECTOR, SECRETARY, TREASURER (THRU 9/23)	1.0	Officer Director	$0	$0	$0
N/A	DIRECTOR (THRU 9/23)	1.0	Director	$0	$0	$0
N/A	DIRECTOR (THRU 9/23)	1.0	Director	$0	$0	$0
N/A	ASSISTANT SECRETARY	1.0	Officer	$0	$514,121	$994,824
N/A	ASSISTANT SECRETARY	1.0	Officer	$0	$36,372	$454,862
N/A	PRESIDENT & ASSISTANT TREASURER	0.5	Officer	$0	$251,459	$841,253
N/A	ASSISTANT TREASURER	1.0	Officer	$0	$31,720	$361,879

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
2023	$143,136	$97,420	$3,685,994	$45,716
2022	$2,819,684	$16,742	$3,593,615	$2,802,942
2021	$42,910	$49,833	$869,220	$-6,923
2020	$12,788	$19,867	$748,658	$-7,079
2019	$77,996	$80,120	$749,577	$-2,124
2018	$37,653	$73,125	$720,097	$-35,472
2018	$37,653	$73,125	$720,097	$-35,472

Mease Life Residents Foundation Inc