SEQUOIA LIVING INC (EIN 941437728) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1958

Legal Domicile

Principal Officer

SARA MCVEY

Phone

4152027800

Tax Period

2023-01-01 to 2023-12-31

SEQUOIA LIVING INC, founded in 1958, is a major nonprofit in the Human Services sector that reported $111.0M in total revenue in fiscal year 2023.

Mission

SEQUOIA LIVING, INC. PROVIDES ORGANIZATIONAL STRUCTURE AND LEADERSHIP TO MEET THE NEEDS AND IMPROVE THE QUALITY OF LIFE OF OLDER PERSONS BY OFFERING HOUSING AND PROGRAMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,971,743

Program Service Revenue $99,258,219

Investment Income $8,548,219

Other Revenue $256,274

TOTAL REVENUE $111,034,455

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,342,504

Fundraising Expenses $678,489

Program Expenses $101,201,581

Other Expenses $64,381,403

TOTAL EXPENSES $112,723,907

Year-over-Year Comparison

	2023	2022	Change
Revenue	$111,034,455	$113,242,367	0.0%
Expenses	$112,723,907	$104,652,167	+0.1%
Net Income	$-1,689,452	$8,590,200	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

493

Volunteers

238

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

$1,351,384

Total Directors

Key Employees

$2,720,495

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANNE SPAULDING	BOARD CHAIR	0.70	Officer Director	$0	$0	$0
STEVEN H HERMAN	BOARD VICE CHAIR	0.70	Officer Director	$0	$0	$0
VAL AGOSTINO	BOARD MEMBER	0.70	Director	$0	$0	$0
RICHARD CORRIEA	BOARD MEMBER	0.70	Director	$0	$0	$0
MICHELE STRATTON	BOARD MEMBER	0.70	Director	$0	$0	$0
CARL GORDON HOWIE	BOARD MEMBER	0.70	Director	$0	$0	$0
HOLLY ITO	BOARD MEMBER	0.70	Director	$0	$0	$0
DAVID JAMISON	BOARD MEMBER	0.70	Director	$0	$0	$0
MARIANNE LIM	BOARD MEMBER	0.70	Director	$0	$0	$0
PATRICIA LYNN	BOARD MEMBER	0.70	Director	$0	$0	$0
NANCY HIROKO MAYEDA	BOARD MEMBER	0.70	Director	$0	$0	$0
MARILYN SUEY	BOARD MEMBER	0.70	Director	$0	$0	$0
REX JAMISON MD	BOARD MEMBER	0.70	Director	$0	$0	$0
GARY FREEMAN	BOARD MEMBER (THRU 6/23)	0.70	Director	$0	$0	$0
SARA MCVEY	PRESIDENT & CEO	36.00	Officer	$580,233	$34,919	$615,152
MARTHA ATWOOD	CHIEF HR OFFICER & CCO, SECRETARY	36.00	Officer	$296,392	$17,119	$313,511
CHARLIE SHOEMAKE	CHIEF FINANCIAL OFFICER	36.00	Officer	$382,230	$40,491	$422,721
DAVID LATINA	CHIEF BUSINESS DEVELOPMENT OFFICER	30.00	Key Emp	$294,603	$46,410	$341,013
SUZANNE FAIRLEY	EXECUTIVE DIRECTOR, PORTOLA VALLEY	40.00	Key Emp	$254,481	$27,697	$282,178
GLEN ALAN GODDARD	EXECUTIVE DIRECTOR, SSF	40.00	Key Emp	$265,084	$35,709	$300,793
STEVE HIEGER	CHIEF INFORMATION SYSTEMS OFFICER	40.00	Key Emp	$263,709	$35,693	$299,402
MARK MIZUHARA	VP OF HUMAN RESOURCES	40.00	Key Emp	$222,426	$9,514	$231,940
ELAINE LIAO	VP FINANCE/CONTROLLER	40.00	Key Emp	$240,708	$44,131	$284,839
PAUL FRIESEN	EXECUTIVE DIRECTOR, TAMALPAIS	40.00	Key Emp	$280,732	$35,036	$315,768
RAY BOUDEWYN	VP OF FACILITY MANAGEMENT	40.00	Key Emp	$209,735	$32,626	$242,361
CALVIN GROENEWEG	VP OF RISK MGMT & CLINICAL SERVICES	40.00	Key Emp	$187,272	$32,688	$219,960
SUSAN DICHTER	VP COMMUNITY SERVICES	20.00	Key Emp	$183,174	$19,067	$202,241
TERENCE TUMBALE	ADMINISTRATOR, THE TAMALPAIS	40.00	Highest	$222,261	$42,908	$265,169
SOURABH SING	LVN - TAM	40.00	Highest	$204,373	$19,531	$223,904
PAULA RATHGAVER-GOMEZ	VP OF SALES AND MARKETING	40.00	Highest	$196,830	$340	$197,170
JANINE TIMOTEO	RN	40.00	Highest	$190,929	$19,317	$210,246
MARY O'SULLIVAN	TAM DIRECTOR OF SALES	40.00	Highest	$188,031	$19,231	$207,262

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	$111,034,455	$112,723,907	$416,631,052	$-1,689,452
2022	$113,242,367	$104,652,167	$422,410,239	$8,590,200
2021	$125,018,618	$105,796,164	$412,512,571	$19,222,454
2020	$97,443,616	$88,084,768	$385,107,797	$9,358,848
2018	$79,829,017	$69,210,187	$270,494,642	$10,618,830

SEQUOIA LIVING INC