RESIDENTIAL EXPERIENCE IN ADULT LIVING INC

EIN: 112480497 501(c)(3) Human Services

FREEPORT, NY

Total Revenue
$3,724,532
Total Expenses
$3,519,016
Total Assets
$3,930,735
Net Assets
$3,079,744
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
NY
Principal Officer
KATHLEEN MALIZIA
Phone
5162239570
Tax Period
2024-01-01 to 2024-12-31

RESIDENTIAL EXPERIENCE IN ADULT LIVING INC, founded in 1976, is a community nonprofit in the Human Services sector that reported $3.7M in total revenue in fiscal year 2024. Expenses of $3.5M left a modest 6% surplus.

Mission

THE MISSION OF RESIDENTIAL EXPERIENCE IN ADULT LIVING, INC. ("PROJECT REAL") IS TO PROVIDE A SAFE, FAMILY CENTERED, AND THERAPEUTIC ENVIRONMENT TO INDIVIDUALS IN NEED OF MENTAL HEALTH CARE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $394,248
Program Service Revenue $3,178,228
Investment Income $37,379
Other Revenue $114,677
TOTAL REVENUE $3,724,532

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,824,271
Fundraising Expenses $0
Program Expenses $2,701,748
Other Expenses $1,694,745
TOTAL EXPENSES $3,519,016

Year-over-Year Comparison

2024 2023 Change
Revenue $3,724,532 $3,635,251 +0.0%
Expenses $3,519,016 $3,733,119 -0.1%
Net Income $205,516 $-97,868 -3.1%
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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Governance

Voting Members
10
Independent Members
10
Employees
48
Volunteers
10

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
4
$230,931
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LESLIE BROWNELL PRESIDENT 3.00
Officer Director
$0 $0 $0
SEAN FERGUSON VICE PRESIDENT & TREASURER 3.00
Officer Director
$0 $0 $0
LISA MEVORACH SECRETARY 3.00
Officer Director
$0 $0 $0
JOSEPHINE TOWNSEND-SCOTT BOARD MEMBER 3.00
Director
$0 $0 $0
TOM SULLIVAN BOARD MEMBER 3.00
Director
$0 $0 $0
PATRICIA HINCKEN BOARD MEMBER 3.00
Director
$0 $0 $0
MARK DOUENIAS BOARD MEMBER 3.00
Director
$0 $0 $0
ANITA MANCINI BOARD MEMBER 3.00
Director
$0 $0 $0
DEBRA KURLAND BOARD MEMBER 3.00
Director
$0 $0 $0
ROBYN EGGERT BOARD MEMBER 3.00
Director
$0 $0 $0
KATHLEEN MALIZIA EXECUTIVE DIRECTOR 40.00
Officer
$203,973 $26,958 $230,931
THOMAS KOMSIC DIRECTOR OF FINANCE 40.00
Highest
$132,900 $3,756 $136,656
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
2024 $3,724,532 $3,519,016 $3,930,735 $205,516
2023 $3,635,251 $3,733,119 $3,679,406 $-97,868
2022 $3,910,506 $3,420,563 $3,115,840 $489,943
2021 $3,405,006 $2,922,565 $3,164,051 $482,441
2020 $2,866,241 $2,803,317 $2,901,963 $62,924
2019 $2,747,220 $2,722,319 $2,821,846 $24,901
2018 $2,838,878 $2,567,208 $2,780,962 $271,670
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