ALTERNATIVE ELDER LIVING INC (EIN 260204981) - 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

2007

Legal Domicile

Principal Officer

MARIA A KENNAH

Phone

3076720600

Tax Period

2023-01-01 to 2023-12-31

ALTERNATIVE ELDER LIVING INC, founded in 2007, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $5.6M exceeded revenue, resulting in a 25% operating deficit.

Mission

OUR MISSION IS CREATING LOVING HOMES WHERE ELDERS CONTINUE TO LIVE FULFILLING LIVES, SUPPORTED BY QUALITY CARE, CHOICE, AND POSITIVE RELATIONSHIPS.

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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 $477,848

Program Service Revenue $4,067,817

Investment Income $-37,038

Other Revenue $772

TOTAL REVENUE $4,509,399

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,163,009

Fundraising Expenses $0

Program Expenses $4,605,616

Other Expenses $1,463,851

TOTAL EXPENSES $5,626,860

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,509,399	$3,903,504	+0.2%
Expenses	$5,626,860	$5,756,193	0.0%
Net Income	$-1,117,461	$-1,852,689	-0.4%

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

133

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

Total Directors

$144,128

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA A KENNAH	CEO	40.00	Director	$144,128	$0	$144,128
BROCK BOEDECKER	BOARD MEMBER	0.50	Director	$0	$0	$0
SEAN BONNET	BOARD MEMBER	0.50	Director	$0	$0	$0
TYLER CROSSLEY	VICE PRESIDE	0.50	Director	$0	$0	$0
PETER ELIASON	BOARD MEMBER	0.50	Director	$0	$0	$0
JIM FULLER	TREASURER	0.50	Director	$0	$0	$0
KIM GILBERT	BOARD MEMBER	0.50	Director	$0	$0	$0
HAYDEN F HEAPHY JR	PRESIDENT	0.50	Officer Director	$0	$0	$0
LINDA LAWRENCE	BOARD MEMBER	0.50	Director	$0	$0	$0
ELIZABETH MAGUIRE	BOARD MEMBER	0.50	Director	$0	$0	$0
ROSEMARY RIEDER	BOARD MEMBER	0.50	Director	$0	$0	$0
TOMMI RITTERBUSCH	SECRETARY	0.50	Director	$0	$0	$0
KAY WALLICK	BOARD MEMBER	0.50	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	No data	No data	No data	No data
2023	$4,509,399	$5,626,860	$6,282,010	$-1,117,461
2022	$3,903,504	$5,756,193	$7,283,046	$-1,852,689
2021	$4,997,681	$5,270,799	$9,432,545	$-273,118
2020	$6,211,779	$4,882,169	$9,916,053	$1,329,610
2019	$5,083,143	$4,835,848	$8,590,121	$247,295
2018	$4,914,974	$4,995,254	$8,435,840	$-80,280

ALTERNATIVE ELDER LIVING INC