LIVING INDEPENDENTLY FOR THE ELDERLY INC (EIN 133099812) - 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

1981

Legal Domicile

Principal Officer

ANASTASIOS MARKOPOULOS

Tax Period

2023-01-01 to 2023-12-31

LIVING INDEPENDENTLY FOR THE ELDERLY INC, founded in 1981, is a community nonprofit in the Human Services sector that reported $4.9M in total revenue in fiscal year 2023. Expenses of $6.2M exceeded revenue, resulting in a 28% operating deficit.

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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 $0

Program Service Revenue $4,653,342

Investment Income $0

Other Revenue $219,263

TOTAL REVENUE $4,872,605

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,784,352

Fundraising Expenses $0

Program Expenses $4,914,376

Other Expenses $3,459,738

TOTAL EXPENSES $6,244,090

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,872,605	$4,922,112	0.0%
Expenses	$6,244,090	$5,722,249	+0.1%
Net Income	$-1,371,485	$-800,137	+0.7%

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

Total Directors

Key Employees

$124,655

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LIZBETH DEAS	DIRECTOR OF LHCSA	37.5	Key Emp	$0	$4,794	$124,655
HAROLD HILDRED	ADMINISTRATOR	37.5		$0	$10,617	$111,366
RICHARD MERBAUM	BOARD MEMBER	1.0	Director	$0	$0	$0
JAMES J CAMPBELL	BOARD MEMBER	1.0	Director	$0	$0	$0
REV DR JOHN E CARRINGTON	BOARD MEMBER	1.0	Director	$0	$0	$0
REV KEVAN THOMAS HITCH	BOARD MEMBER	1.0	Director	$0	$0	$0
ROBERT W ELLIOTT	CHAIRMAN	1.0	Officer	$0	$0	$0
MEG MCGARRITY	SECRETARY	1.0	Officer	$0	$0	$0
ANDREW SAMALIN	VICE-CHAIRMAN/TREASURER	1.0	Officer	$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
2024	No data	No data	No data	No data
2023	$4,872,605	$6,244,090	$5,840,002	$-1,371,485
2022	$4,922,112	$5,722,249	$9,093,692	$-800,137
2021	$4,454,433	$5,106,495	$7,626,073	$-652,062
2020	$5,701,878	$5,353,041	$8,109,762	$348,837
2019	$5,685,134	$5,823,060	$7,995,129	$-137,926
2018	$5,709,580	$6,141,309	$7,902,933	$-431,729

LIVING INDEPENDENTLY FOR THE ELDERLY INC