Modern Living Services (EIN 264255425) - 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

2009

Legal Domicile

Principal Officer

Michele Spaulding

Phone

5094911338

Tax Period

2024-01-01 to 2024-12-31

Modern Living Services, founded in 2009, is a small nonprofit in the Human Services sector that reported $141K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $54K, a strong 38% operating margin.

Mission

The organization provides alternative housing, life skills and educational resources to intellectually and developmentally disabled individuals in Benton and Franklin counties.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $30,563

Program Service Revenue $34,487

Investment Income $448

Other Revenue $75,310

TOTAL REVENUE $140,808

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,035

Fundraising Expenses $7,575

Program Expenses $56,620

Other Expenses $68,262

TOTAL EXPENSES $87,297

Year-over-Year Comparison

	2024	2023	Change
Revenue	$140,808	$166,732	-0.2%
Expenses	$87,297	$106,922	-0.2%
Net Income	$53,511	$59,810	-0.1%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michele Spaulding	Treasurer	8.00	Officer Director	$0	$0	$0
Ray Giener	President	8.00	Officer Director	$0	$0	$0
Andrea Mallonee	Vice President	8.00	Officer Director	$0	$0	$0
Joy Geimer	Trustee	2.00	Director	$0	$0	$0
Dave Messinger	Trustee	2.00	Director	$0	$0	$0
Carolyn Gayner	Trustee	2.00	Director	$0	$0	$0
Nick Lippold	Trustee	2.00	Director	$0	$0	$0
Codi Couchman	Trustee	2.00	Director	$0	$0	$0
Loralee Larsen	Trustee	2.00	Director	$0	$0	$0
Casey Kasselder	Trustee	2.00	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
2024	$140,808	$87,297	$1,130,738	$53,511
2023	$166,732	$106,922	$777,227	$59,810
2022	$143,655	$43,473	$717,417	$100,182
2021	$78,045	$26,599	$617,235	$51,446
2020	$265,939	$50,514	$565,789	$215,425
2019	$165,548	$37,580	$350,364	$127,968

Modern Living Services