SILVER SAGE MANOR INC (EIN 880266437) - 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

1991

Legal Domicile

Principal Officer

KENNETH W NARDUCY

Phone

7753291155

Tax Period

2023-01-01 to 2023-12-31

SILVER SAGE MANOR INC, founded in 1991, is a small nonprofit in the Unknown sector that reported $525K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $116K, a strong 22% operating margin.

Mission

SERVING THE NEEDS OF SENIORS BY DEVELOPING HIGH-QUALITY AFFORDABLE HOUSING.

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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 $0

Program Service Revenue $399,740

Investment Income $124,780

Other Revenue $0

TOTAL REVENUE $524,520

Expense Breakdown

Grants Paid $0

Salaries & Benefits $231,317

Fundraising Expenses $0

Program Expenses $309,362

Other Expenses $177,477

TOTAL EXPENSES $408,794

Year-over-Year Comparison

	2023	2022	Change
Revenue	$524,520	$1,041,967	-0.5%
Expenses	$408,794	$350,779	+0.2%
Net Income	$115,726	$691,188	-0.8%

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

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

$110,027

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEN NARDUCY	PRESIDENT	5.00	Officer Director	$0	$0	$0
DIANE TORRY	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
LINDA CANAVAN	TREASURER	4.00	Officer Director	$0	$0	$0
JERRY MULLEN	SECRETARY	2.00	Officer Director	$0	$0	$0
PATTI BENGTSON	TRUSTEE	1.00	Director	$0	$0	$0
MARK MACDONALD	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN NOVACEK	TRUSTEE	1.00	Director	$0	$0	$0
JAMES ROBERTS	TRUSTEE	1.00	Director	$0	$0	$0
GRACE SCHOENFELD	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE A SUMMERHILL	TRUSTEE	1.00	Director	$0	$0	$0
JULIE OTT	TRUSTEE	1.00	Director	$0	$0	$0
HARRY HOBSON	EXECUTIVE DIRECTOR	40.00	Officer	$110,027	$0	$110,027

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	$524,520	$408,794	$5,598,925	$115,726
2022	$1,041,967	$350,779	$5,373,097	$691,188
2021	$199,355	$306,114	$5,416,591	$-106,759
2020	$216,541	$324,209	$5,284,841	$-107,668
2019	$384,632	$334,872	$5,141,487	$49,760
2018	$285,530	$297,455	$4,804,898	$-11,925

SILVER SAGE MANOR INC