GOLD2023

Seven Acres Jewish Senior Care Services Inc

Honor and Nurture, Together

Houston, TX   |  https://www.sevenacres.org/
GuideStar Charity Check

Seven Acres Jewish Senior Care Services Inc

EIN: 74-1143086


Mission

To establish and maintain programs for the elderly and elder disabled within a seamless system of care that includes both institutional and community-based geriatric health outreach components.

Ruling year info

1944

CEO

Mr. Barry Goldstein

COO

Ms. Marsha Cayton

Main address

6200 N Braeswood Blvd

Houston, TX 77074 USA

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EIN

74-1143086

Subject area info

Physical therapy

Geriatrics

Senior assisted living

Nursing homes

Population served info

Older adults

Seniors

Multiracial people

People with disabilities

NTEE code info

Nursing, Convalescent (Geriatric and Nursing) (E91)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Affiliations

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Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Albert and Ethel Herzstein Dept. of Geriatric Wellness and Medical Services

As one of the largest geriatric campuses on the Texas Gulf Coast providing multiple levels of care within the framework of Jewish traditions and values, we serve extremely ill and disabled individuals requiring a full time staff of healthcare professionals and medical services. Seven Acres is a non-for-profit and nonsectarian facility serving all who require our services. Our Geriatric Medical Services and Wellness includes Internal Geriatric Medicine intervention by board certified Physicians and Geriatric Nurse Practitioners, licensed Nurses, Specialized Nutrition, and Therapists providing occupational, speech and physical therapy. We are unique in that, to our knowledge, this is the only such program in Houston.
Long-term medical facilities such as Seven Acres provide a higher level of medical care than ever before. Seven Acres offers multiple levels of care including Intermediate and Intensive care, Hospice and Palliative care, Skilled nursing care and Assisted Living. The average age of our residents is now 86 years old with an average length of residency of 2.5 years. For example, if a resident has broken a hip, they are discharged after an extremely short stay at the hospital and readmitted to our facility in a very debilitated state. Seven Acres’ medical team must continue the role similar to the acute care sector as government funding diminishes for hospital stays. Currently, 83% of our residents are indigent and qualify for inadequate Medicaid funding. In FY19, Seven Acres provided $7,878,654 in charity care.

Population(s) Served
Older adults
Multiracial people
People with disabilities
Seniors

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

Seven Acres Jewish Senior Care Services Inc
Fiscal year: Sep 01 - Aug 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

1.68

Average of 0.93 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

4.5

Average of 2.4 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

14%

Average of 23% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Seven Acres Jewish Senior Care Services Inc

Revenue & expenses

Fiscal Year: Sep 01 - Aug 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Seven Acres Jewish Senior Care Services Inc

Balance sheet

Fiscal Year: Sep 01 - Aug 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Seven Acres Jewish Senior Care Services Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Sep 01 - Aug 31

SOURCE: IRS Form 990 info

This snapshot of Seven Acres Jewish Senior Care Services Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $4,435,453 $3,296,025 $1,254,464 $1,819,318 $3,108,825
As % of expenses 19.5% 17.6% 7.0% 11.8% 19.3%
Unrestricted surplus (deficit) after depreciation $3,390,325 $2,130,579 -$107,079 $488,637 $1,803,478
As % of expenses 14.2% 10.7% -0.6% 2.9% 10.4%
Revenue composition info
Total revenue (unrestricted & restricted) $26,950,795 $22,763,573 $19,228,149 $17,291,093 $19,338,972
Total revenue, % change over prior year 81.8% -15.5% -15.5% -10.1% 11.8%
Program services revenue 43.6% 52.8% 65.4% 63.2% 65.4%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 1.6% 1.2% 0.1% 0.2% 0.1%
Government grants 0.0% 0.0% 0.0% 10.0% 8.7%
All other grants and contributions 34.3% 31.3% 34.6% 26.5% 25.8%
Other revenue 20.5% 14.7% -0.1% 0.2% 0.0%
Expense composition info
Total expenses before depreciation $22,774,750 $18,674,778 $17,968,731 $15,386,850 $16,079,963
Total expenses, % change over prior year -7.1% -18.0% -3.8% -14.4% 4.5%
Personnel 61.3% 60.0% 59.7% 61.2% 56.6%
Professional fees 4.5% 6.6% 6.6% 7.5% 7.3%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 34.2% 33.4% 33.7% 31.3% 36.1%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $23,819,878 $19,840,224 $19,330,274 $16,717,531 $17,385,310
One month of savings $1,897,896 $1,556,232 $1,497,394 $1,282,238 $1,339,997
Debt principal payment $581,094 $8,600,443 $0 $637,868 $6,304,924
Fixed asset additions $0 $10,109,020 $0 $0 $0
Total full costs (estimated) $26,298,868 $40,105,919 $20,827,668 $18,637,637 $25,030,231

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 1.4 0.5 2.6 4.4 4.5
Months of cash and investments 6.6 1.0 3.2 5.2 5.2
Months of estimated liquid unrestricted net assets 9.8 2.1 2.5 3.8 2.3
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $2,723,592 $705,017 $3,909,121 $5,659,717 $6,050,537
Investments $9,713,166 $843,130 $952,655 $1,050,134 $959,486
Receivables $4,218,370 $3,960,658 $3,678,189 $2,714,888 $2,233,270
Gross land, buildings, equipment (LBE) $32,686,928 $42,311,308 $42,336,493 $42,387,672 $42,728,084
Accumulated depreciation (as a % of LBE) 46.8% 37.7% 40.9% 43.9% 46.6%
Liabilities (as a % of assets) 42.3% 21.5% 25.6% 23.0% 14.8%
Unrestricted net assets $21,519,885 $23,650,464 $23,543,385 $24,032,022 $25,835,500
Temporarily restricted net assets $1,427,375 $1,485,345 N/A N/A N/A
Permanently restricted net assets $140,976 $0 N/A N/A N/A
Total restricted net assets $1,568,351 $1,485,345 $1,526,428 $1,595,963 $1,556,197
Total net assets $23,088,236 $25,135,809 $25,069,813 $25,627,985 $27,391,697

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

CEO

Mr. Barry Goldstein

COO

Marsha Cayton

Number of employees

Source: IRS Form 990

Seven Acres Jewish Senior Care Services Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Seven Acres Jewish Senior Care Services Inc

Board of directors
as of 10/23/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Michael Feinstein

Universal Metalworking Equipment

Term: 2021 - 2024

Judy Yambra

Michael Feinstein

Sandy Light

Lee Straus

Gary Greenberg

Scott Jacobson

Leslie Karpas

Paul Horwitz

M.D.

Larry Buck

Robert A. Caplan

Buster Freedman

Leonard Goldstein

Lorraine B. Horwitz

Raymond Kalmans

Barry Lewis

Joyce Proler Schechter

Victor Shainock

Gary Swartz

Bradley Rauch

Adam Burck

Barbara Bratter

Debi Mishael

Helen Wils

Ann Abramczyk

Tomas Ackerman

Joel Brochstein

Rhona Caress

Judy Danziger

Arthur Dauber

Lynn Edelman

Mark Entman

Steve Estrin

Lawrence Finder

Michelle Fingeret

Reid Friedman

Leonard Goldberg

MD

William Goldberg

Roger Greenberg

Danny Hart

Renee Helfman

Diane Kaminsky

Dennis Laviage

Robert Livitz

Stuart Miller

Adam Mincberg

Max Reichenthal

Michael Richker

Alan Rosen

Jason Schlanger

Lee Schlanger

Organizational demographics

SOURCE: Self-reported; last updated 10/23/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

No data

Contractors

Fiscal year ending

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser