ELANT INC (EIN 134082972) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

DEBRA ZAMBITO

Phone

8453601200

Tax Period

2018-01-01 to 2018-12-31

ELANT INC, founded in 1999, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2018. Revenue fell 43% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.3M, a strong 68% operating margin.

Mission

THE ORGANIZATION'S PRIMARY MISSION IS TO PROVIDE ADMINISTRATIVE SERVICES WHICH INCLUDE HUMAN RESOURCES, INFORMATION SYSTEMS, MARKETING AND FINANCE TO ITS AFFILIATED HEALTHCARE ORGANIZATIONS. DURING 2017, SEVERAL OF THESE AFFILIATED ORGANIZATIONS TRANSFERRED THEIR ASSETS AND OPERATIONS TO AN UNRELATED THIRD PARTY. THE AFOREMENTIONED ORGANIZATIONS ARE IN THE PROCESS OF WINDING DOWN. ELANT, INC. IS THE SOLE MEMBER OF ITS REMAINING AFFILIATES, GLEN ARDEN, INC., LIFESTYLE CONCEPTS, LLC, AND ELANT FOUNDATION, INC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $44,475

Investment Income $0

Other Revenue $3,363,870

TOTAL REVENUE $3,408,345

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,285

Fundraising Expenses $0

Other Expenses $1,010,738

TOTAL EXPENSES $1,091,023

Year-over-Year Comparison

	2018	2017	Change
Revenue	$3,408,345	$5,971,679	-0.4%
Expenses	$1,091,023	$2,753,464	-0.6%
Net Income	$2,317,322	$3,218,215	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$411,304

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNA CORNELL	CHAIRMAN	0.75	Officer Director	$0	$0	$0
PAUL S ERNENWEIN ESQ	VICE CHAIRMA	0.75	Officer Director	$0	$0	$0
THOMAS MCGORRY	TREASURER/SE	0.75	Officer Director	$0	$0	$0
NANCY CALHOUN	BOARD MEMBER	0.75	Director	$0	$0	$0
MARYJANE SORRELL	BOARD MEMBER	0.75	Director	$0	$0	$0
LAWRENCE FORCE PHD	BOARD MEMBER	0.75	Director	$0	$0	$0
NANCY MARKOFF	BOARD MEMBER	0.75	Director	$0	$0	$0
THOMAS D WEDDELL	BOARD MEMBER	0.75	Director	$0	$0	$0
JAMES W KRUEGER	RESIGNED 3/5	0.75	Director	$0	$0	$0
ANDREW L SIMON	RESIGNED 11/	0.75	Director	$0	$0	$0
DEBRA ZAMBITO	PRESIDENT &	1.50	Officer	$0	$750	$251,270
ERNEST SCOTT PIOTTI	CONTROLLER	1.50	Officer	$0	$11,412	$160,034
LOIS DESTEFANO	DIRECTOR OF	0.00	Highest	$0	$7,989	$112,776

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
2018	$3,408,345	$1,091,023	$4,254,436	$2,317,322

ELANT INC