MASSENA INDEPENDENT LIVING CENTER INC (EIN 161328750) - 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

1988

Legal Domicile

Principal Officer

GAIL SANTIMAW

Phone

3157649442

Tax Period

2023-10-01 to 2024-09-30

MASSENA INDEPENDENT LIVING CENTER INC, founded in 1988, is a community nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2023. Expenses of $2.4M left a modest 3% surplus.

Mission

ASSISTANCE FOR INDEPENDENT LIVING

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $2,344

Program Service Revenue $2,461,137

Investment Income $13,343

Other Revenue $1,629

TOTAL REVENUE $2,478,453

Expense Breakdown

Grants Paid $509,128

Salaries & Benefits $1,511,076

Fundraising Expenses $0

Program Expenses $2,227,744

Other Expenses $375,969

TOTAL EXPENSES $2,396,173

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,478,453	$2,499,231	0.0%
Expenses	$2,396,173	$2,487,912	0.0%
Net Income	$82,280	$11,319	+6.3%

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

$97,628

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GAIL SANTIMAW	PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBERT SHEPHERD	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
JUDITH ALDRICH	TREASURER	2.00	Officer Director	$0	$0	$0
BENJAMIN SCHWARTZ	SECRETARY	2.00	Officer Director	$0	$0	$0
BENJAMIN YUGARTIS	TRUSTEE	1.00	Director	$0	$0	$0
CYNTHIA BROCKWAY	TRUSTEE	1.00	Director	$0	$0	$0
MARK CAMERON	TRUSTEE	1.00	Director	$0	$0	$0
JEFF REIFENSNYDER	EXEC DIR	40.00	Officer	$97,628	$0	$97,628

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	$2,478,453	$2,396,173	$1,921,391	$82,280
2023	$2,499,231	$2,487,912	$1,820,633	$11,319
2022	$2,644,421	$2,412,071	$1,845,883	$232,350
2021	$2,461,470	$1,971,179	$1,743,293	$490,291
2020	$1,876,646	$1,756,315	$1,112,776	$120,331
2019	$2,197,506	$1,923,805	$1,043,876	$273,701
2018	$1,731,081	$1,645,365	$830,472	$85,716

MASSENA INDEPENDENT LIVING CENTER INC