The Stayton at Museum Way
Legal name: Tarrant County Senior Living Center Inc
Nonprofit profile at a glance
- EIN
- 208068602
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Fort Worth, TX, US
- Phone
- (817) 382-3032
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
- Affiliation
- Christianity
Reported finances
- Revenue
- $29,657,146
- Expenses
- $40,943,967
- Assets
- $143,274,047
- Liabilities
- $170,272,734
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- DR ALBERT REYES (PRESIDENT & CEO (AS OF 6/24))
- CHARLIE WILSON (BRS PRESIDENT (AS OF 6/24;THRU 8/24))
- KEN ROBBINS (INTERIM BRS PRESIDENT (9/24-12/24))
- MICHAEL OLMSTEAD (BRS VICE PRESIDENT & COO (AS OF 6/24))
- JESSE JANTZEN (PRESIDENT & CEO (THRU 3/24))
- PAMELA HAMAN (EXECUTIVE DIRECTOR)
Highest reported compensation
- DR ALBERT REYES (PRESIDENT & CEO (AS OF 6/24)): $768,624 total reported compensation
- CHARLIE WILSON (BRS PRESIDENT (AS OF 6/24;THRU 8/24)): $714,810 total reported compensation
- JEFF GENTRY (SVP/CFO THRU 7/24; EVP/COO AT 8/24): $585,720 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 Stayton at Museum Way is a not-for-profit Type A Life Care community that provides a continuum of care with a predictable monthly payment for life, ensuring residents have priority access to assisted living, memory care, rehabilitation, or long-term care at a locked-in rate.
What it reported doing in 2024
Tarrant county senior living center inc. (or the stayton) served 583 residents in 2024. The community provided $1,072,885 in supplemental assistance to residents.
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 97% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 71
- Accountability: 37
- Sustainability: 32
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94.1%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -38.1%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 3.5; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 1.19; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 3.9%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 4.9% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: -2.2% per year; rating input score 0; 5th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 100% of revenue deployed · 94.1% of spending went to programs
- Governance: 0 of 3 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $38.5M in reported program spending
- Leadership: top reported pay $769K · 20 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.7M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 24 filed related-organization links
- 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 — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 3/100.