JERALD H MERRILL SENIOR HOUSING CORP (EIN 841382344) - 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

1997

Legal Domicile

Principal Officer

CRAIG DEMORDAUNT

Phone

8013646117

Tax Period

2024-01-01 to 2024-12-31

JERALD H MERRILL SENIOR HOUSING CORP, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $296K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $395K exceeded revenue, resulting in a 34% operating deficit.

Mission

PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND HANDICAPPED.

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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 $151,416

Program Service Revenue $144,406

Investment Income $193

Other Revenue $0

TOTAL REVENUE $296,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,672

Fundraising Expenses $0

Program Expenses $345,072

Other Expenses $345,607

TOTAL EXPENSES $395,279

Year-over-Year Comparison

	2024	2023	Change
Revenue	$296,015	$270,917	+0.1%
Expenses	$395,279	$388,791	+0.0%
Net Income	$-99,264	$-117,874	-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

N/A

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
CRAIG DEMORDAUNT	PRESIDENT	1.00	Officer Director	$0	$0	$0
BIP DANIELS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
LAURA LEE DUARTE	BOARD MEMBER	1.00	Director	$0	$0	$0
GARY OLIVER	SECRETARY	1.00	Officer Director	$0	$0	$0
SCOTT SCHWAB	BOARD MEMBER	1.00	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	$296,015	$395,279	$363,832	$-99,264
2023	$270,917	$388,791	$420,029	$-117,874
2022	$251,979	$342,546	$501,846	$-90,567
2021	$233,715	$322,328	$563,015	$-88,613
2020	$241,421	$305,189	$648,889	$-63,768
2019	$232,884	$314,851	$720,678	$-81,967
2018	$233,858	$301,653	$804,762	$-67,795

JERALD H MERRILL SENIOR HOUSING CORP