IMMANUEL CARING MINISTRIES INC (EIN 860911226) - 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

1998

Legal Domicile

Principal Officer

LARRY LITMAN

Phone

6239778373

Tax Period

2023-01-01 to 2023-12-31

IMMANUEL CARING MINISTRIES INC, founded in 1998, is a mid-sized nonprofit in the Human Services sector that reported $38.3M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

PROVIDE HOUSING, NURSING HOME CARE, AND RELATED ACTIVITIES TO SENIOR CITIZENS.

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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 $534,323

Program Service Revenue $37,252,030

Investment Income $230,830

Other Revenue $292,743

TOTAL REVENUE $38,309,926

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,920,141

Fundraising Expenses $0

Program Expenses $28,125,683

Other Expenses $14,429,716

TOTAL EXPENSES $37,349,857

Year-over-Year Comparison

	2023	2022	Change
Revenue	$38,309,926	$33,808,240	+0.1%
Expenses	$37,349,857	$31,370,943	+0.2%
Net Income	$960,069	$2,437,297	-0.6%

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

526

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

$1,903,231

Total Directors

$332,979

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY MCNELLIS	PRESIDENT	4.00	Officer Director	$0	$0	$0
LARRY LITMAN	SECRETARY	35.00	Officer Director	$286,645	$10,334	$296,979
DR WILLIAM NASSOUR	DIRECTOR	2.00	Director	$36,000	$0	$36,000
DR JOY SCHWERTLEY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SHARON MENSING	DIRECTOR	2.00	Director	$0	$0	$0
BRENDA PIERCE	EXECUTIVE DIRECTOR	40.00	Officer	$1,595,918	$10,334	$1,606,252
RAY TRAUTMAN	HR DIRECTOR	40.00	Highest	$287,607	$1,013	$288,620

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	$38,309,926	$37,349,857	$36,544,990	$960,069
2022	$33,808,240	$31,370,943	$40,786,831	$2,437,297
2021	$28,756,705	$30,385,133	$33,992,239	$-1,628,428
2020	$25,547,496	$24,199,391	$29,330,758	$1,348,105
2019	$19,681,886	$22,672,892	$22,890,503	$-2,991,006
2018	$19,413,580	$21,572,678	$20,826,572	$-2,159,098

IMMANUEL CARING MINISTRIES INC