Serenity Retreat for Healing and Spiritual Renewal (EIN 760620650) - 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

1998

Legal Domicile

Principal Officer

Robert Zimmerman

Phone

7136497729

Tax Period

2024-01-01 to 2024-12-31

Serenity Retreat for Healing and Spiritual Renewal, founded in 1998, is a small nonprofit in the Religion sector that reported $519K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $674K exceeded revenue, resulting in a 30% operating deficit.

Mission

Serenity offers healing prayer to those suffering physical, emotional and spiritual difficulties.

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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 $485,158

Program Service Revenue $34,031

Investment Income $-393

Other Revenue $0

TOTAL REVENUE $518,796

Expense Breakdown

Grants Paid $0

Salaries & Benefits $326,311

Fundraising Expenses $99,586

Program Expenses $457,236

Other Expenses $347,259

TOTAL EXPENSES $673,570

Year-over-Year Comparison

	2024	2023	Change
Revenue	$518,796	$673,167	-0.2%
Expenses	$673,570	$763,594	-0.1%
Net Income	$-154,774	$-90,427	+0.7%

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

$62,203

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Sorrell	Chair	5.00	Officer Director	$0	$0	$0
Robert Zimmerman	Treasurer	5.00	Officer Director	$0	$0	$0
Lisa Lee	Secretary	2.00	Officer Director	$0	$0	$0
Winda Antoine	Director	2.00	Director	$0	$0	$0
Lauren Roberts Lukefahr	Director	2.00	Director	$0	$0	$0
Robert Moorman	Director	2.00	Director	$0	$0	$0
Cynthia Wenz	Director	1.00	Director	$0	$0	$0
Nicole Banks	Executive Director (to 2/16/2024)	40.00	Officer	$19,338	$0	$19,338
Tracy Bihary	Executive Director (from 6/3/2024)	40.00	Officer	$42,865	$0	$42,865

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	$518,796	$673,570	$1,239,322	$-154,774
2023	$673,167	$763,594	$1,382,363	$-90,427
2022	$636,330	$737,021	$1,472,790	$-100,691
2021	$677,507	$552,457	$1,573,481	$125,050
2020	$707,819	$612,358	$1,601,552	$95,461
2019	$478,844	$527,941	$1,361,129	$-49,097
2018	$471,086	$503,239	$1,405,751	$-32,153

Serenity Retreat for Healing and Spiritual Renewal