Grandview Resthome Association Inc

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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

1976

Legal Domicile

Tax Period

2024-09-01 to 2025-08-31

Grandview Resthome Association Inc, founded in 1976, is a community nonprofit that reported $6.0M in total revenue in fiscal year 2024.

Mission

To provide skilled nursing care, housing, and food to as many as 82 residents.

Program Service Accomplishments

Program 1

Expenses: $5,611,963

Provide skilled nursing care, housing, and food to as many as eighty two 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 (2024)

Revenue Breakdown

Contributions & Grants $210,557

Program Service Revenue $5,756,256

Investment Income $4,004

Other Revenue $70,993

TOTAL REVENUE $6,041,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,580,046

Fundraising Expenses $0

Program Expenses $5,611,963

Other Expenses $1,720,261

TOTAL EXPENSES $6,300,307

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,041,810	$5,855,401	+0.0%
Expenses	$6,300,307	$6,206,499	+0.0%
Net Income	$-258,497	$-351,098	-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

Employees

191

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Megan Driver	Director	Director	$0	$0	$0
Mitchell Basham	Director	Director	$0	$0	$0
Stephen Hummert	Director	Director	$0	$0	$0
Michael Anthony	Director	Director	$0	$0	$0
Frank Breton	Director	Director	$0	$0	$0
David Quisenberry	Vice Chairman	Officer Director	$0	$0	$0
Julie Holloway	Secretary	Officer Director	$0	$0	$0
Kirby Basham	President	Officer Director	$0	$0	$0
Aaron Fry	Chairman	Officer 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	$6,041,810	$6,300,307	$2,250,679	$-258,497
2024	$5,855,401	$6,206,499	$2,600,556	$-351,098
2023	$5,844,670	$5,948,261	$2,094,158	$-103,591
2022	$5,619,353	$5,671,476	$2,114,703	$-52,123
2021	$5,648,536	$5,091,701	$2,205,717	$556,835
2020	$5,630,157	$4,975,186	$5,609,887	$654,971
2019	$5,057,127	$4,983,588	$4,373,891	$73,539
2018	$4,713,731	$4,785,997	$4,294,707	$-72,266