GRANDVIEW RETIREMENT HOME 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

1965

Legal Domicile

Principal Officer

DEB SCHWARTZ

Tax Period

2023-01-01 to 2023-12-31

GRANDVIEW RETIREMENT HOME INC, founded in 1965, is a small nonprofit in the Housing & Shelter sector that reported $390K in total revenue in fiscal year 2023. Net assets of $830K represent 26 months of operating reserves.

Mission

TO PROVIDE RENTAL HOUSING AND RELATED FACILITIES AND SRVICES SPECIFICALLY DESIGNED TO MEET THE NEEDS OF RETIREMENT AGE PEOPLE.

Program Service Accomplishments

Program 1

Expenses: $335,570 Revenue: $385,520

PROVIDE HOUSING FACILITIES AND SUPPORT FOR RESIDENTS AGED 65 AND UP SUPPORT INCLUDESMEALS AND RECREATIONAL ACTIVITIES.

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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 $4,051

Program Service Revenue $372,341

Investment Income $13,179

Other Revenue $0

TOTAL REVENUE $389,571

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,820

Fundraising Expenses $0

Program Expenses $335,570

Other Expenses $203,059

TOTAL EXPENSES $382,879

Year-over-Year Comparison

	2023	2022	Change
Revenue	$389,571	$373,454	+0.0%
Expenses	$382,879	$366,681	+0.0%
Net Income	$6,692	$6,773	0.0%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON DOLL	DIRECTOR	1.00	Director	$0	$0	$0
TROY KNUTHS	DIRECTOR	1.00	Director	$0	$0	$0
ROY JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE RAYMOND	DIRECTORMANAGER	2.00	Director	$0	$0	$0
MELISSA KWASNEY	DIRECTOR	0.00	Director	$0	$0	$0
STEVE SCHEITLIN	PRESIDENT	2.00	Officer Director	$0	$0	$0
CONNIE UNDEM	SECRETARY	1.00	Officer Director	$0	$0	$0
JUDY SIMARD	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DEB SCHWARTZ	TREASURER	2.00	Officer	$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	No data	No data	No data	No data
2023	$389,571	$382,879	$830,024	$6,692
2022	$373,454	$366,681	$824,117	$6,773
2021	$336,340	$344,236	$816,771	$-7,896
2020	$374,484	$322,104	$826,881	$52,380
2019	$350,779	$289,047	$784,792	$61,732
2018	$357,684	$311,357	$725,692	$46,327