ELDERHAUS ADULT DAY PROGRAM INC (EIN 840833808) - 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

1980

Legal Domicile

Principal Officer

DOUG BURNS

Phone

9702210406

Tax Period

2023-01-01 to 2023-12-31

ELDERHAUS ADULT DAY PROGRAM INC, founded in 1980, is a community nonprofit in the Unknown sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 119% from the prior year, signaling strong growth momentum. The organization ran a surplus of $835K, a strong 38% operating margin.

Mission

DIRECT CARE SERVICES PROVIDE RESPITE CARE FOR CAREGIVERS OF ADULTS WITH SPECIAL NEEDS; INCLUDING MEALS, TRANSPORTATION, MENTORING AND COUNSELING, BLOOD PRESSURE MONITORING, AND SUPPORT GROUPS.

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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 $948,337

Program Service Revenue $1,240,938

Investment Income $7,795

Other Revenue $7,168

TOTAL REVENUE $2,204,238

Expense Breakdown

Grants Paid $54,720

Salaries & Benefits $935,608

Fundraising Expenses $5,556

Program Expenses $1,182,232

Other Expenses $378,642

TOTAL EXPENSES $1,368,970

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,204,238	$1,007,429	+1.2%
Expenses	$1,368,970	$936,846	+0.5%
Net Income	$835,268	$70,583	+10.8%

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

$79,269

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG BURNS	PRESIDENT	2.00	Officer Director	$0	$0	$0
MAUREEN ACTON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MARYANNE HEYMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
GORDON THAYER	TREASURER	4.00	Officer Director	$0	$0	$0
JOYCE DEVANEY	DIRECTOR	2.00	Director	$0	$0	$0
DON LAMBERT	DIRECTOR	2.00	Director	$0	$0	$0
SANDY LINDBERG	DIRECTOR	2.00	Director	$0	$0	$0
DEBORAH PECK	DIRECTOR	4.00	Director	$0	$0	$0
ANNIE RAYBURN WOLFE	DIRECTOR	2.00	Director	$0	$0	$0
TIM MCLEMORE	EXECUTIVE DIRECTOR	40.00	Officer	$61,269	$18,000	$79,269

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	$2,204,238	$1,368,970	$2,221,898	$835,268
2022	$1,007,429	$936,846	$1,888,987	$70,583
2021	$664,879	$643,817	$1,835,243	$21,062
2020	$430,040	$558,493	$1,829,999	$-128,453
2019	$1,125,829	$1,026,419	$1,785,936	$99,410
2018	$954,838	$1,121,787	$1,728,377	$-166,949

ELDERHAUS ADULT DAY PROGRAM INC