THE MOORINGS PARK INSTITUTE INCORP… - Form 990 Financial Data

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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

2004

Legal Domicile

Principal Officer

DANIEL J LAVENDER

Phone

2396439111

Tax Period

2024-01-01 to 2024-12-31

THE MOORINGS PARK INSTITUTE INCORPORATED, founded in 2004, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.6M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $163.0M represent 156 months of operating reserves.

Mission

TO PROVIDE SIMPLY THE BEST FACILITIES AND SERVICES FOR SUCCESSFUL AGING WITH PROFESSIONAL AND COMPASSIONATE CARE TO EACH PERSON WE SERVE.

Program Service Accomplishments

Program 1

Expenses: $12,435,941 Revenue: $12,488,041

TO PROVIDE MANAGEMENT SERVICES TO ADVANCE, PROMOTE AND SUPPORT THE EXEMPT PURPOSES OF THE MOORINGS, INCORPORATED, MOORINGS PARK COMMUNITY HEALTH, INCORPORATED, MOORINGS PARK HEALTHY LIVING...

TO PROVIDE MANAGEMENT SERVICES TO ADVANCE, PROMOTE AND SUPPORT THE EXEMPT PURPOSES OF THE MOORINGS, INCORPORATED, MOORINGS PARK COMMUNITY HEALTH, INCORPORATED, MOORINGS PARK HEALTHY LIVING, INCORPORATED, MOORINGS PARK FOUNDATION, INC. AND RIVERSIDE AT MOORINGS PARK, INCORPORATED, ALL TAX-EXEMPT ORGANIZATIONS, WHICH PROVIDE A LIFE CARE RETIREMENT COMMUNITY DESIGNED TO ACCOMODATE PERSONS 62 YEARS OF AGE OR OLDER.

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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 $63,795

Program Service Revenue $12,488,041

Investment Income $15,756

Other Revenue $0

TOTAL REVENUE $12,567,592

Expense Breakdown

Grants Paid $6,750

Salaries & Benefits $7,066,457

Fundraising Expenses $0

Program Expenses $12,435,941

Other Expenses $5,518,660

TOTAL EXPENSES $12,591,867

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,567,592	$11,312,995	+0.1%
Expenses	$12,591,867	$11,344,951	+0.1%
Net Income	$-24,275	$-31,956	-0.2%

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

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

$1,845,283

Total Directors

$701,638

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL J LAVENDER	PRESIDENT/CHIEF EXECUTIVE OFFICER	40.00	Officer Director	$667,665	$33,973	$701,638
ROSS DICKMANN THRU 123124	CHIEF OPERATING OFFICER	40.00	Officer	$409,471	$25,549	$435,020
MARY MORTON CPA	CHIEF FINANCIAL OFFICER	40.00	Officer	$373,758	$33,062	$406,820
THOMAS MANN	VICE PRESIDENT SALES AND MARKETING	40.00	Highest	$349,502	$36,901	$386,403
KATY KURILI AS OF 92324	CHIEF OPERATING OFFICER	40.00	Officer	$273,121	$28,684	$301,805
DIANA L BAILEY	VICE PRESIDENT OF CLINICAL SERVICES	40.00	Highest	$234,638	$32,146	$266,784
RANDY POWELL	EXECUTIVE DIRECTOR - FACILITIES	40.00	Highest	$226,399	$26,652	$253,051
ANTONIO MARQUES	CHIEF INFORMATION OFFICER	40.00	Highest	$194,236	$11,045	$205,281
JESSICA BRINKERT	EXECUTIVE DIR. OF SUCCESSFUL AGING	40.00	Highest	$172,725	$28,019	$200,744
THOMAS TAYLOR	CHAIR	2.00	Officer Director	$0	$0	$0
CLARK HILL	VICE CHAIR (AS OF 7.1.24)	2.00	Officer Director	$0	$0	$0
MICHAEL WYNN	VICE CHAIR (THRU 6.30.24)	2.00	Officer Director	$0	$0	$0
DUDLEY GOODLETTE	TREASURER/SECRETARY (THRU 6.30.24)	2.00	Officer Director	$0	$0	$0
LAURIE COWAN PHILLIPS	SECRETARY (AS OF 7.1.24)	2.00	Officer Director	$0	$0	$0
LAURA HOLQUIST	TREASURER (AS OF 7.1.24)	2.00	Officer Director	$0	$0	$0
THOMAS MCCANN	DIRECTOR	2.00	Director	$0	$0	$0
KAREN MOSTELLER	DIRECTOR (THRU 6.30.24)	2.00	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 (AS OF 7.1.24)	2.00	Director	$0	$0	$0
MICHAEL HOLE	DIRECTOR (AS OF 7.1.24)	2.00	Director	$0	$0	$0
DR JOHN LITTLE	EMERITUS (AS OF 7.1.24)	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
2025	No data	No data	No data	No data
2024	$12,567,592	$12,591,867	$164,378,340	$-24,275
2023	$11,312,995	$11,344,951	$133,208,682	$-31,956
2022	$10,433,092	$10,430,183	$752,356	$2,909
2021	$9,024,675	$9,024,675	$917,438	No data
2020	$8,715,233	$8,715,233	$998,177	No data
2019	$8,024,393	$8,024,393	$794,032	No data
2018	$7,119,851	$7,119,851	$456,396	No data

THE MOORINGS PARK INSTITUTE INCORPORATED