FORT WORTH SENIOR CARE LLC (EIN 882625724) - 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

2022

Legal Domicile

Principal Officer

MAURICE M ROSENBAUM

Phone

8174518001

Tax Period

2023-01-01 to 2023-12-31

FORT WORTH SENIOR CARE LLC, founded in 2022, is a community nonprofit in the Housing & Shelter sector that reported $6.2M in total revenue in fiscal year 2023. Revenue surged 1131% from the prior year, signaling strong growth momentum. Expenses of $7.7M exceeded revenue, resulting in a 24% operating deficit.

Mission

FORT WORTH SENIOR CARE OPERATES A RETIREMENT COMMUNITY LOCATED AT 5100 RANDOL MILL ROAD, FORT WORTH, TEXAS 76112 WHICH PROVIDES PERSONS 55 AND OLDER WITH A CONTINUUM OF CARE INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING CARE FACILITIES.

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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 $40,324

Program Service Revenue $6,178,985

Investment Income $8

Other Revenue $19,224

TOTAL REVENUE $6,238,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,819,030

Fundraising Expenses $0

Program Expenses $6,638,421

Other Expenses $3,896,673

TOTAL EXPENSES $7,715,703

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,238,541	$506,963	+11.3%
Expenses	$7,715,703	$589,920	+12.1%
Net Income	$-1,477,162	$-82,957	+16.8%

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

179

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

$170,504

Total Directors

$58,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAURICE ROSENBAUM	CHAIRMAN	1.00	Officer Director	$0	$0	$30,500
AMELIA WALLER BAKER JD	SECRETARY	1.00	Officer Director	$0	$0	$12,500
FRANK CORRIGAN	DIRECTOR	1.00	Director	$0	$0	$12,000
SIMRAN SINGH	DIRECTOR	1.00	Director	$0	$0	$3,000
STEPHANIE PAUL	INTERIM EXECUTIVE DIRECTOR	20.00	Officer	$0	$5,028	$127,504
THOMAS WILLIAM BAKER	FORMER CHAIRMAN (END 10/23)	1.00		$0	$0	$78,000

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	$6,238,541	$7,715,703	$2,029,443	$-1,477,162
2022	$506,963	$589,920	$534,643	$-82,957

FORT WORTH SENIOR CARE LLC