ST ANN'S SENIOR HOUSING INC (EIN 760705854) - 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

2002

Legal Domicile

Principal Officer

MICHAEL MCRAE

Phone

5856976000

Tax Period

2023-01-01 to 2023-12-31

ST ANN'S SENIOR HOUSING INC, founded in 2002, is a mid-sized nonprofit in the Human Services sector that reported $11.4M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $10.8M left a modest 5% surplus.

Mission

PROMOTE INDEPENDENCE, PHYSICAL AND SPIRITUAL WELL-BEING OF OLDER ADULTS THROUGH SENIOR HOUSING.

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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 $0

Program Service Revenue $10,758,561

Investment Income $201,327

Other Revenue $443,448

TOTAL REVENUE $11,403,336

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,155,675

Fundraising Expenses $0

Program Expenses $9,087,228

Other Expenses $5,638,830

TOTAL EXPENSES $10,794,505

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,403,336	$10,369,947	+0.1%
Expenses	$10,794,505	$10,456,385	+0.0%
Net Income	$608,831	$-86,438	-8.0%

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

N/A

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

$1,043,032

Total Directors

$553,733

Key Employees

$1,132,797

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
EDMOND AKUBUIRO	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE ASHBY	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS COMBS	DIRECTOR	1.00	Director	$0	$0	$0
MARK CRONIN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
RON SALLUZZO	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JOHN HAYES	CHAIR	1.00	Officer Director	$0	$0	$0
ANNA LYNCH	DIRECTOR	1.00	Director	$0	$0	$0
SR MARLENE PAPE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL PINCH	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA RISSONE	DIRECTOR	1.00	Director	$0	$0	$0
MAURICIO RIVEROS	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH WESLEY	DIRECTOR	1.00	Director	$0	$0	$0
DR BRIDGETTE WIEFLING	DIRECTOR	1.00	Director	$0	$0	$0
DEB SCHAUSEIL	DIRECTOR	1.00	Director	$0	$0	$0
REV ROBERT SCHRADER	DIRECTOR	1.00	Director	$0	$0	$0
CARMEN INDIANO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MCRAE	PRESIDENT/CEO	5.00	Officer Director	$0	$23,829	$553,733
CHERYL RYAN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES SMITH	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL BANDYCH	DIRECTOR	1.00	Director	$0	$0	$0
PAT BURKE	DIRECTOR	1.00	Director	$0	$0	$0
DR ANGELA SIMS	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD VANDER HORST	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS KANT	SVP/CFO TO 3/11/2023	5.00	Officer	$0	$19,528	$305,868
KEVIN BROWN	SVP/CFO FROM 2/27/2023	4.00	Officer	$0	$5,421	$183,431
ROBERT BOURG	SVP OF ORGANIZATIONAL DEVE	4.00	Key Emp	$0	$5,936	$272,127
JENNIFER BLACKCHIEF	VP STRATEGY AND HOUSING	15.00	Key Emp	$0	$3,162	$241,126
EILEEN RYAN-MARUKE	VP OF MARKETING	5.00	Key Emp	$0	$19,569	$223,608
AARON FIELDS	CHIEF INFORMATION OFFICER	5.00	Key Emp	$0	$12,638	$222,113
RENE BARNES	ADMINISTRATOR - EXECUTIVE DIRECTOR	20.00	Key Emp	$0	$4,081	$173,823
BRIAN HEPPARD	ATTENDING PHYSICIAN	8.00	Highest	$0	$23,214	$402,200

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	$11,403,336	$10,794,505	$33,187,078	$608,831
2022	$10,369,947	$10,456,385	$33,574,333	$-86,438
2021	$11,488,120	$9,487,507	$34,990,884	$2,000,613
2020	$10,278,334	$9,427,909	$36,259,972	$850,425
2019	$9,538,021	$8,468,553	$34,520,453	$1,069,468
2018	$9,039,070	$8,373,133	$32,623,952	$665,937

ST ANN'S SENIOR HOUSING INC