Crossroads at Lakewood (EIN 842971263) - 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

2019

Legal Domicile

Principal Officer

Susan Bushnell

Phone

9167747700

Tax Period

2024-01-01 to 2024-12-31

Crossroads at Lakewood, founded in 2019, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

Operation of an Assisted Living Facility

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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 $0

Program Service Revenue $2,531,193

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,531,193

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,367,098

Fundraising Expenses $0

Program Expenses $2,598,194

Other Expenses $1,231,096

TOTAL EXPENSES $2,598,194

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,531,193	$2,159,739	+0.2%
Expenses	$2,598,194	$2,698,093	0.0%
Net Income	$-67,001	$-538,354	-0.9%

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

$267,213

Total Directors

$327,213

Key Employees

$139,251

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matthew Bushnell	Program & Sales Manager	0.00	Highest	$0	$6,632	$140,378
Michele Strauch	Regional VP	2.50	Key Emp	$0	$11,070	$139,251
Don Noble	President	1.00	Officer Director	$0	$5,843	$122,712
Kenneth Weiss	SecretaryCOO	1.00	Officer Director	$0	$4,684	$98,366
Elvar Olafsson	Trustee	1.00	Director	$0	$0	$60,000
Susan Bushnell	VP of Finance	1.00	Officer Director	$0	$2,197	$46,135
Robert Bainum	Trustee	1.00	Director	$0	$0	$0
Timothy Bainum	Chairman	1.00	Officer Director	$0	$0	$0
Donald Lloyd	Trustee	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	$2,531,193	$2,598,194	$7,825,254	$-67,001
2023	$2,159,739	$2,698,093	$8,043,684	$-538,354
2022	$2,494,874	$2,742,345	$8,271,167	$-247,471
2021	$2,152,062	$2,382,128	$8,407,498	$-230,066
2020	$1,310,826	$1,715,459	$8,579,704	$-404,633
2019	$1	$1	$250,622	No data

Crossroads at Lakewood