The Excelsior German Center at the Altenheim (EIN 941156463) - 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

1948

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

The Excelsior German Center at the Altenheim, founded in 1948, is a small nonprofit that reported $533K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $311K, a strong 58% operating margin.

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO LOW INCOME SENIORS FOR HOUSING AND RELATED NEEDS TO PROVIDE CULTURAL ACTIVITIES BY HOSTING GERMAN FESTIVALS, FOSTERING ASSOCIATIONS WITH OTHER ETHNIC ASSOCIATIONS TO PROMOTE CULTURAL EXCHANGES, AND HOUSING OTHER CULTURAL AND COMMUNITY ORGANIZATIONS AND ENGAGING IN MUSEUM, LIBRARY, AND LANGUAGE-SCHOOL ACTIVITIES, SPONSORING EDUCATIONAL PROGRAMS IN PUBLIC SCHOOLS, AND SPONSORING STUDENT EXCHANGE PROGRAMS.

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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 $3,440

Program Service Revenue $24,854

Investment Income $181,080

Other Revenue $323,709

TOTAL REVENUE $533,083

Expense Breakdown

Grants Paid $59,184

Salaries & Benefits $8,178

Fundraising Expenses $0

Program Expenses $174,769

Other Expenses $154,694

TOTAL EXPENSES $222,056

Year-over-Year Comparison

	2023	2022	Change
Revenue	$533,083	$489,047	+0.1%
Expenses	$222,056	$272,375	-0.2%
Net Income	$311,027	$216,672	+0.4%

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

N/A

Employees

Volunteers

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
THOMAS KRONEMEYER	Director	3.00	Director	$0	$0	$0
MICHAEL WILLIS	Director	3.00	Director	$0	$0	$0
MARLENE FEUERSTRAETER	Director	3.00	Director	$0	$0	$0
PETRA KUEBLER	Vice President	6.00	Director	$0	$0	$0
HILDE LORENTZ	Director	6.00	Director	$0	$0	$0
PETRA SPECHT	President	6.00	Officer	$0	$0	$0
KARL PFEIFFER	Treasurer	6.00	Officer	$0	$0	$0
HANNELORE AVALOS	Secretary	6.00	Officer	$0	$0	$0
ANTHONY SCHALLER	Director	6.00	Officer	$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	No data	No data	No data	No data
2023	$533,083	$222,056	$8,819,092	$311,027
2022	$489,047	$272,375	$7,979,784	$216,672
2021	$565,551	$221,790	$9,752,651	$343,761
2020	$508,335	$202,288	$8,784,918	$306,047
2019	$636,319	$285,435	$7,731,105	$350,884
2018	$561,525	$252,393	$6,522,457	$309,132

The Excelsior German Center at the Altenheim