LIBBIES PLACE CO MOODY MEMORIAL UNITED METHODIST (EIN 760671021) - 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

2001

Legal Domicile

Phone

4097412538

Tax Period

2024-01-01 to 2024-12-31

LIBBIES PLACE CO MOODY MEMORIAL UNITED METHODIST, founded in 2001, is a small nonprofit in the Human Services sector that reported $542K in total revenue in fiscal year 2024.

Mission

PROVIDE OLDER ADULTS COMPASSIONATEASSISTANCE WITH DAILY LIVING ACTIVITIES AND CAREGIVER SUPPORT FOR GALVESTON, TXAND THE SURROUNDING COMMUNITIES.

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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 $246,124

Program Service Revenue $260,735

Investment Income $3,705

Other Revenue $31,549

TOTAL REVENUE $542,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $320,629

Fundraising Expenses $26,348

Program Expenses $443,646

Other Expenses $217,264

TOTAL EXPENSES $537,893

Year-over-Year Comparison

	2024	2023	Change
Revenue	$542,113	$547,149	0.0%
Expenses	$537,893	$445,557	+0.2%
Net Income	$4,220	$101,592	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CORINNE RHOADES	CHIEF EXECUTIVE OFFICER	40.00		$68,250	$0	$68,250
VIVIAN PINARD	Chairman	4.00	Officer Director	$0	$0	$0
MAE ELLEN KELVER	Director	2.00	Director	$0	$0	$0
MARYLOU COLLIER	Vice Chair	4.00	Officer Director	$0	$0	$0
CINDY MARZA	Treasurer	4.00	Officer Director	$0	$0	$0
RHONDA COOK	Director	2.00	Director	$0	$0	$0
ANTIONETTE SWINNEA	Director	2.00	Director	$0	$0	$0
CHRISTINA MCMURRAY	Director	2.00	Director	$0	$0	$0
WENDY MCDOWEL	Secretary	4.00	Officer Director	$0	$0	$0
KAREN BAGLEY	Director	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
2024	$542,113	$537,893	$594,383	$4,220
2023	$547,149	$445,557	$594,037	$101,592
2022	$336,151	$493,898	$481,164	$-157,747
2021	$627,684	$459,833	$662,328	$167,851
2020	$316,503	$458,077	$534,456	$-141,574
2020	$324,787	$500,609	$500,208	$-175,822
2019	$488,003	$472,088	$681,489	$15,915
2018	$521,296	$465,868	$644,611	$55,428
2017	$524,921	$443,235	$585,707	$81,686

LIBBIES PLACE CO MOODY MEMORIAL UNITED METHODIST