GENERAL BAPTIST ASSISTED LIVING FACILITY

EIN: 261345353 501(c)(3)

PIGGOTT, AR

Total Revenue
$1,318,071
Total Expenses
$1,174,432
Total Assets
$3,335,999
Net Assets
$-1,838,150
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
AR
Principal Officer
SCOTT COLE
Phone
8705982010
Tax Period
2021-09-01 to 2022-08-31

GENERAL BAPTIST ASSISTED LIVING FACILITY, founded in 2007, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2021. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 11% surplus.

Mission

OUR PHILOSPHY IS TO LIVE AND LET LIVE. RESIDENTS CAN LIVE IN A COMMUNITY SETTING THAT IS SAFE, SECURE AND ALLOWS EACH TENANT TO HAVE PRIVACY WITHOUT REGARD TO AN INDIVIDUALS ABILITY TO PAY. RESIDENTS ARE ENCOURAGED TO BE AS INDEPENDENT AS POSSIBLE, AND WHEN ASSISTANCE IS REQUESTED OR NEEDED, OUR STAFF WILL BE THERE TO PROVIDE IT. WE PROVIDE SPECIFIC PERSONALIZED NEEDS INCLUDING THE PHYSICAL, SOCIAL, SPRITUAL, PSYCHOLOGICAL AND SAFETY ASPECTS, EACH OF WHICH WE STRIVE DAILY TO SATISFY. THE STAFF PROVIDES AND COORDINATES ACCESS TO 24 HOURS/7 DAYS A WEEK SUPERVISION, THREE MEALS A DAY, BUFFET STYLE IN A GROUP DINING ROOM, AND A RANGE OF SERVICES THAT PROMOTE QUALITY OF LIFE AND INDEPENDENCE.

Program Service Accomplishments

Program 1
Expenses: $740,934 Revenue: $1,189,687

ASSISTED LIVING FACILITY PROVIDES SERVICES FOR UP TO 36 RESIDENTS INCLUDING PERSONAL CARE: ASSISTANCE WITH BATHING, SHAVING,SHAMPOOING, DRESSING AND UNDRESSING, GETTING UP OR GETTING INTO BED...

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ASSISTED LIVING FACILITY PROVIDES SERVICES FOR UP TO 36 RESIDENTS INCLUDING PERSONAL CARE: ASSISTANCE WITH BATHING, SHAVING,SHAMPOOING, DRESSING AND UNDRESSING, GETTING UP OR GETTING INTO BED; MEDICAL ASSISTANCE: HELP WITH SELF-ADMINISTRATION OF MEDICATION AND MEDICATION REMINDERS, SETTING UP PILL CADDIES,TEACHING ON MEDICATION ADMINISTRATION; ACTIVITIES AND EXERCISE PROGRAMS: PLANNED COMMUNITY ACTIVITIES, PARTIES, RELIGIOUS SERVICES, AND EXERCISE PROGRAMS; LAUNDRY AND LINEN SERVICE: ASSISTANCE WITH WASHING, DRYING, FOLDING AND PUTTING AWAY LAUNDRY.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $127,958
Program Service Revenue $1,189,687
Investment Income $426
Other Revenue $0
TOTAL REVENUE $1,318,071

Expense Breakdown

Grants Paid $0
Salaries & Benefits $484,653
Fundraising Expenses $0
Program Expenses $740,934
Other Expenses $689,779
TOTAL EXPENSES $1,174,432

Year-over-Year Comparison

2021 2020 Change
Revenue $1,318,071 $980,488 +0.3%
Expenses $1,174,432 $1,015,359 +0.2%
Net Income $143,639 $-34,871 -5.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
31
Volunteers
4

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
8
$710,729
Total Directors
6
$120,308
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM POOLE PRESIDENT - N/A
Officer Director
$0 $0 $0
DARREL MCGRILLIS VICE PRES - N/A
Officer Director
$0 $0 $0
JACK COLE TREASURER - N/A
Officer Director
$0 $0 $65,366
DAVE BROWN SECRETARY - N/A
Officer Director
$0 $0 $54,942
CLYDUS GRAY TRUSTEE N/A
Director
$0 $0 $0
TREA MCCANDLESS TRUSTEE N/A
Director
$0 $0 $0
SCOTT COLE CEO N/A
Officer
$0 $13,647 $278,386
TRACY COLE COO N/A
Officer
$0 $0 $157,170
DAVID READ CFO N/A
Officer
$0 $0 $49,608
BRETT MILLIKIN CFO N/A
Officer
$0 $3,149 $105,257
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
2022 $1,318,071 $1,174,432 $3,335,999 $143,639
2021 $980,488 $1,015,359 $3,250,225 $-34,871
2020 $918,122 $993,988 $3,352,156 $-75,866
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