Alternatives Homes 2005 Inc (EIN 208605772) - 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

LYNN OMSLAER

Phone

9086851444

Tax Period

2023-10-01 to 2024-09-30

Alternatives Homes 2005 Inc, founded in 2006, is a micro nonprofit in the Human Services sector that reported $100K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $117K exceeded revenue, resulting in a 18% operating deficit.

Mission

PROVIDE CONSUMERS OF PHYSICAL AND MENTAL HEALTH SERVICES WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS

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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 $64,162

Program Service Revenue $35,284

Investment Income $180

Other Revenue $0

TOTAL REVENUE $99,626

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $89,562

Other Expenses $117,340

TOTAL EXPENSES $117,340

Year-over-Year Comparison

	2023	2022	Change
Revenue	$99,626	$92,244	+0.1%
Expenses	$117,340	$112,467	+0.0%
Net Income	$-17,714	$-20,223	-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

Employees

N/A

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

$140,630

Total Directors

$140,630

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNN OMSLAER	CHAIRPERSON, trustee	1.0	Officer Director	$0	$22,000	$140,630
MANJU RATHNAM	TREASURER/SECRETARY, trustee	1.0	Officer Director	$0	$0	$0
MORRIS MALSTROM	TRUSTEE	1.0	Director	$0	$0	$0
SHARON CLARK	TRUSTEE	1.0	Director	$0	$0	$0
JAMES ROMACH	TRUSTEE	1.0	Director	$0	$0	$0
Barbara Dolan	trustee	1.0	Director	$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	$99,626	$117,340	$759,997	$-17,714
2023	$92,244	$112,467	$808,016	$-20,223
2022	$68,033	$102,237	$834,657	$-34,204
2021	$59,956	$105,718	$869,207	$-45,762
2020	$53,280	$89,452	$904,178	$-36,172
2019	$152,767	$86,284	$923,209	$66,483
2018	$68,936	$84,173	$856,805	$-15,237

Alternatives Homes 2005 Inc