INDEPENDENT LIVING COMMUNITY SERVICES INC (EIN 134252952) - 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

2006

Legal Domicile

Principal Officer

JOSEFINA CARBONELL

Phone

3052621292

Tax Period

2020-01-01 to 2020-12-31

INDEPENDENT LIVING COMMUNITY SERVICES INC, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $227K in total revenue in fiscal year 2020. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $199K left a modest 12% surplus.

Mission

THE ORGANIZATION PROVIDES HOUSING, HOME & COUMMUNITY-BASED-SERVICES, PUBLIC EDUCATION, AND SOCIAL SERVICES WHICH ENABLE CITIZENS TO CONTINUE LIVING IN COMMUNITY BASED SETTINGS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $226,236

Program Service Revenue $0

Investment Income $0

Other Revenue $747

TOTAL REVENUE $226,983

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,977

Fundraising Expenses $0

Program Expenses $113,229

Other Expenses $150,354

TOTAL EXPENSES $199,331

Year-over-Year Comparison

	2020	2019	Change
Revenue	$226,983	$378,987	-0.4%
Expenses	$199,331	$352,697	-0.4%
Net Income	$27,652	$26,290	+0.1%

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

Governance

Voting Members

Independent Members

N/A

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

$595,830

Total Directors

$1,710,746

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NESTOR PLANA	CHAIRMAN	1.00	Director	$0	$0	$1,114,916
HUGH CHANG ALLOY	TREASURER	1.00	Officer Director	$0	$0	$315,514
JOSEFINA CARBONELL	PRESIDENT	1.00	Officer Director	$0	$0	$280,316

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
2020	$226,983	$199,331	$66,737	$27,652
2019	$378,987	$352,697	$45,141	$26,290
2018	$331,444	$338,286	$18,139	$-6,842

INDEPENDENT LIVING COMMUNITY SERVICES INC