HOPE ALZHEIMER'S CENTER (EIN 050478448) - 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

1994

Legal Domicile

Principal Officer

ELLEN GRIZZETTI

Phone

4019469220

Tax Period

2023-07-01 to 2024-06-30

HOPE ALZHEIMER'S CENTER, founded in 1994, is a community nonprofit in the Unknown sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $295K, a strong 19% operating margin.

Mission

THE CENTER PROVIDES DEMENTIA-SPECIFIC DAY SERVICES TO INDIVIDUALS WITH ALZHEIMER'S DISEASE OR A RELATED DEMENTIA AND SUPPORT AND EDUCATIONAL SERVICES TO FAMILY AND PROFESSIONAL CAREGIVERS. SERVICES INCLUDE MULTIDISCIPLINARY CARE PLANNING AND CASE MANAGEMENT, INFORMATION AND REFERRAL, NURSING CARE, NUTRITIONAL SERVICES, PERSONAL CARE SERVICES, THERAPEUTIC ACTIVITIES, ADVOCACY, FAMILY SUPPORT, AND ASSISTANCE IN ACCESSING TRANSPORTATION, FINANCIAL SUBSIDY PROGRAMS AND ANCILLARY SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $495,653

Program Service Revenue $887,364

Investment Income $39,423

Other Revenue $98,277

TOTAL REVENUE $1,520,717

Expense Breakdown

Grants Paid $0

Salaries & Benefits $941,110

Fundraising Expenses $37,138

Program Expenses $972,299

Other Expenses $285,079

TOTAL EXPENSES $1,226,189

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,520,717	$1,137,711	+0.3%
Expenses	$1,226,189	$1,124,229	+0.1%
Net Income	$294,528	$13,482	+20.8%

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

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

$101,594

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELLEN GRIZZETTI	CHIEF EXECUTIVE OFFICE/PRE	50.00	Officer	$98,635	$2,959	$101,594
JANICE DEFRANCES EDD	PRESIDENT	3.00	Officer Director	$0	$0	$0
JOHN STOUKIDES MD	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SAMANTHA MCCARTHY ESQ	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT J CIVETTI CPA	TREASURER	3.00	Officer Director	$0	$0	$0
R CHOUDARY HANUMARA PHD	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD CARDILLO	BOARD MEMBER	1.00	Director	$0	$0	$0
JEAN ALLARD	BOARD MEMBER	1.00	Director	$0	$0	$0
TERRANCE M PRICE JR	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER ROWLETT	BOARD MEMBER	1.00	Director	$0	$0	$0
BENJAMIN PEZZI	BOARD MEMBER	1.00	Director	$0	$0	$0
SYLVIA WEBER MSN PCNS	BOARD MEMBER	1.00	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
2025	No data	No data	No data	No data
2024	$1,520,717	$1,226,189	$2,115,760	$294,528
2023	$1,137,711	$1,124,229	$1,895,020	$13,482
2022	$1,103,997	$1,124,160	$2,073,319	$-20,163
2021	$960,935	$922,188	$2,241,096	$38,747
2020	$937,169	$1,019,309	$2,257,454	$-82,140
2019	$1,262,649	$1,185,615	$2,269,101	$77,034
2018	$1,136,535	$1,053,105	$2,264,648	$83,430

HOPE ALZHEIMER'S CENTER