BLESSINGS ASSURANCE COMMUNITY SERVICES INC (EIN 142004352) - 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

2012

Legal Domicile

Principal Officer

Sheila Taylor

Phone

7707160901

Tax Period

2023-01-01 to 2023-12-31

BLESSINGS ASSURANCE COMMUNITY SERVICES INC, founded in 2012, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2023. The organization ran a surplus of $309K, a strong 20% operating margin.

Mission

OUR MISSION IS TO SERVE PEOPLE WITH DEVELOPMENTAL DISABILITIES BY BUILDING INDEPENDENCE THROUGH SELF DETERMINATION, DIGNITY AND QUALITY OF LIFE.

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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 $1,573,191

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,573,191

Expense Breakdown

Grants Paid $0

Salaries & Benefits $948,745

Fundraising Expenses $0

Program Expenses $1,264,096

Other Expenses $315,351

TOTAL EXPENSES $1,264,096

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,573,191	$1,555,085	+0.0%
Expenses	$1,264,096	$1,168,196	+0.1%
Net Income	$309,095	$386,889	-0.2%

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

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

$150,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sheila Taylor	Executive Director	70	Officer	$150,000	$0	$150,000
Lois Thomas	Board Chair	0	Officer	$0	$0	$0
Patricia Porter	Board Treasurer	0	Officer	$0	$0	$0
Angela Gaines	Secretary	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,573,191	$1,264,096	$1,573,191	$309,095
2022	$1,555,085	$1,168,196	$623,806	$386,889
2021	$1,156,417	$1,056,062	$1,020,566	$100,355
2020	$860,431	$736,751	$526,857	$123,680
2019	$809,609	$708,812	$420,463	$100,797

BLESSINGS ASSURANCE COMMUNITY SERVICES INC