St Andrews Retirement Community (EIN 943160031) - 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

1997

Legal Domicile

Principal Officer

Beverly Maine

Phone

3605361647

Tax Period

2024-01-01 to 2024-12-31

St Andrews Retirement Community, founded in 1997, is a community nonprofit in the Unknown sector that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $2.1M left a modest 3% surplus.

Mission

TO OPERATE A 40-UNIT ASSISTED LIVING FACILITY FOR SENIORS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $89,999

Program Service Revenue $2,058,055

Investment Income $-423

Other Revenue $4,975

TOTAL REVENUE $2,152,606

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,418,605

Fundraising Expenses $15,075

Program Expenses $1,756,482

Other Expenses $665,719

TOTAL EXPENSES $2,084,324

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,152,606	$1,972,903	+0.1%
Expenses	$2,084,324	$1,927,577	+0.1%
Net Income	$68,282	$45,326	+0.5%

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

300

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

$238,245

Total Directors

$238,245

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEIDI SIMPSON	CHAIRMAN	2.00	Officer Director	$0	$0	$0
ROBERTA CLAUSEN	BOARD MEMBER	2.00	Director	$0	$0	$0
SALLY WINTERNITZ	TREASURER	2.00	Officer Director	$0	$0	$0
BEVERLY MAINE	CEO PRESIDENT	2.00	Officer Director	$0	$48,373	$238,245
SUZANNE HADLEY	BOARD MEMBER	2.00	Director	$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	$2,152,606	$2,084,324	$1,935,284	$68,282
2023	$1,972,903	$1,927,577	$2,012,021	$45,326
2022	$1,768,181	$1,738,199	$2,018,961	$29,982
2021	$1,743,344	$1,776,085	$2,046,385	$-32,741
2020	$1,896,764	$1,880,845	$2,048,196	$15,919
2019	$1,590,346	$1,609,709	$2,177,003	$-19,363
2018	$1,554,277	$1,540,116	$2,176,600	$14,161

St Andrews Retirement Community