GOLDEN OAKS SENIOR LIVING OF HERMANTOWN LLC (EIN 810705169) - 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

2015

Legal Domicile

Principal Officer

MARK MEYER

Phone

6128612799

Tax Period

2020-10-01 to 2021-09-30

GOLDEN OAKS SENIOR LIVING OF HERMANTOWN LLC, founded in 2015, is a small nonprofit in the Housing & Shelter sector that reported $604K in total revenue in fiscal year 2020. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $751K exceeded revenue, resulting in a 24% operating deficit.

Mission

CARE FOR THE ELDERLY

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $127,032

Investment Income $476,600

Other Revenue $0

TOTAL REVENUE $603,632

Expense Breakdown

Grants Paid $0

Salaries & Benefits $196,398

Fundraising Expenses $0

Program Expenses $559,154

Other Expenses $554,933

TOTAL EXPENSES $751,331

Year-over-Year Comparison

	2020	2019	Change
Revenue	$603,632	$1,180,309	-0.5%
Expenses	$751,331	$1,355,662	-0.4%
Net Income	$-147,699	$-175,353	-0.2%

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
DENYSE ETHRIDGE	EXECUTIVE DIRECTOR & COO	4.00		$0	$18,554	$189,843
CHRIS SCHMIDT	VP FINANCE	1.00		$0	$7,598	$144,585
JENNIFER DESLAURIERS-KNOP	VP OPERATIONS	1.00		$0	$9,819	$132,837
DAN LINDH	President	0.50	Officer Director	$0	$0	$0
MARK MEYER	TREASURER & CFO	0.50	Officer Director	$0	$0	$0
JOHN BERGESON	Secretary	0.50	Officer Director	$0	$0	$0
TAMARA TASCHE	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
NORMAN WENCK	BD VICE CHAIR	0.50	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
2021	$603,632	$751,331	No data	$-147,699
2020	$1,180,309	$1,355,662	$1,567,453	$-175,353
2019	$1,244,194	$1,452,044	$1,454,286	$-207,850
2018	$1,210,321	$2,077,825	$1,517,607	$-867,504

GOLDEN OAKS SENIOR LIVING OF HERMANTOWN LLC