GENERATIONS HEALTH ASSOCIATION INC (EIN 621538547) - 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

1995

Phone

9315071212

Tax Period

2023-01-01 to 2023-12-31

GENERATIONS HEALTH ASSOCIATION INC, founded in 1995, is a mid-sized nonprofit in the Health Care sector that reported $16.3M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $15.4M left a modest 5% surplus.

Mission

Generations Health Association's primary exempt purpose is to provide long term health care and adequate housing needs for low, moderate and middle income people and handicapped persons.

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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 $576,502

Program Service Revenue $15,638,127

Investment Income $53,991

Other Revenue $0

TOTAL REVENUE $16,268,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,188,789

Fundraising Expenses $0

Program Expenses $15,432,647

Other Expenses $5,243,858

TOTAL EXPENSES $15,432,647

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,268,620	$14,615,257	+0.1%
Expenses	$15,432,647	$13,959,382	+0.1%
Net Income	$835,973	$655,875	+0.3%

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

N/A

Employees

322

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

$800,216

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA GAITHER	President	40.00	Officer	$239,628	$9,600	$249,228
Kathy G Campbell	CEO/CFO	40.00	Officer	$223,854	$9,120	$232,974
James T Campbell	VP Operations	40.00	Officer	$127,469	$0	$127,469
CHELSEA J DELK	N/A	40.00		$118,355	$0	$118,355
KIMBERLY D TERRETT	N/A	40.00		$111,758	$0	$111,758
BUFFY J GAITHER	N/A	40.00		$111,758	$0	$111,758
FELICIA J DODD	N/A	40.00		$110,733	$0	$110,733
LESLIE N FINCH	N/A	40.00		$110,125	$0	$110,125
WAYNE GREER	Director	40.00	Officer	$101,265	$0	$101,265
LISA SULLIVAN	Secretary	40.00	Officer	$89,280	$0	$89,280
JEFF MCKINLEY	Director	2.00	Officer	$0	$0	$0
DONNA CAMPBELL	Director	2.00	Officer	$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	No data	No data	No data	No data
2023	$16,268,620	$15,432,647	$14,465,103	$835,973
2022	$14,615,257	$13,959,382	$13,598,662	$655,875
2021	$14,398,370	$12,522,797	$13,336,453	$1,875,573
2020	$13,988,281	$11,724,324	$11,298,894	$2,263,957
2019	$12,580,970	$11,010,738	$9,407,627	$1,570,232
2018	$11,258,873	$11,486,185	$8,172,858	$-227,312

GENERATIONS HEALTH ASSOCIATION INC