Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
990 • Fiscal year 2020 • EIN 74-1403088
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
Liabilities / Revenue
58th percentile
Higher debt load relative to revenue than 58% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
50th percentile
Faster revenue growth than 50% of similar nonprofits.
Assets
Up$8,901,455
Up $475,451 (+5.6%) from 2019
Net Assets
Up$7,767,514
Up $691,831 (+9.8%) from 2019
Liabilities
Down$1,133,941
Down $216,380 (-16%) from 2019
Revenue
Up$3,954,326
Up $79,926 (+2.1%) from 2019
Expenses
Down$4,240,484
Down $30,053 (-0.7%) from 2019
Net Income
Up-$286,158
Up $109,979 (+28%) from 2019
This 2020 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
The organization is the central support hub for methodist retirement communities and its affiliates, an organization committed to quality living for senior adults in faith-based environments. The organization takes great pride in seeing that our affiliates are an important part of the broader, local community where they serve seniors and provide employment in meeting our mission of service ministry to senior adults. The covenant connection with the texas annual conference of united methodists links the organization to its heritage and origin, though the entire system openly accepts persons of all faiths and beliefs; with no discrimination toward residents, staff, board members, volunteers, donors, vendors, etc. The organization encourages donations to our foundation to help our affiliates assist and retain residents who run low on funds or eventually even out of money through no fault of their own. The organization provides finance, accounting, human resources, technology, marketing, o
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Displayed year
2020 • Form 990Summary only. Only limited summary data is available for this year.
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