Menorah Manor Inc

Nonprofit profile at a glance

EIN
592269292
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
St Petersburg, FL, USA
Phone
7273452775
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Supportive Housing for Older Adults

Official website

Reported finances

Revenue
$24,081,284
Expenses
$23,960,036
Assets
$11,386,479
Liabilities
$14,704,327

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

24 people listed

Executive titles in this filing

  • DONNA PERRYMAN CPA (CHIEF EXECUTIVE OFFICER)
  • ROBERT J BECHT (FORMER CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • ROBERT J BECHT (FORMER CHIEF EXECUTIVE OFFICER): $433,270 total reported compensation
  • DONNA PERRYMAN CPA (CHIEF EXECUTIVE OFFICER): $304,415 total reported compensation
  • NICOLE SPENCER (ADMINISTRATOR): $158,553 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to operate and maintain a home for the aged and provide other services to shelter, protect and assist the aged in a warm, homelike, jewish environment.

What it reported doing in 2024

Menorah manor takes care of seniors by providing a complete system of care with programs, such as skilled nursing, assisted living, adult day care, specialized alzheimer's and dementia care rehabilitation at a 180-bed facility in st. Petersburg, Florida. In the current year, there were 57,384 resident days in skilled nursing, 6,508 resident days in assisted living, and 11,511 participant hours in the daycare center..

Operating model

Revenue model
Other-operating. 98% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 100
  • Accountability: 96
  • Sustainability: 26
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.3%; rating input score 85
  • Program expense ratio: 86.4%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.4%; rating input score 94; 28th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.5%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 1.29; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 6.2%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: -0% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 12th percentile among comparable filings
  • Asset growth: -10.1% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 85.3% of revenue deployed · 86.4% of spending went to programs
  • Governance: 17 of 18 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $20.7M in reported program spending
  • Leadership: top reported pay $433K · 24 people listed · 6 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $2M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 35/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.