ALTERNATIVE RESIDENCES THREE INC % VOCA CORPORATION (EIN 311079031) - 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

1981

Legal Domicile

Principal Officer

PATRICIA A HERRON

Phone

5023942100

Tax Period

2021-01-01 to 2021-12-31

ALTERNATIVE RESIDENCES THREE INC % VOCA CORPORATION, founded in 1981, is a community nonprofit in the Human Services sector that reported $3.2M in total revenue in fiscal year 2021. The organization ran a surplus of $614K, a strong 19% operating margin.

Mission

TO PROVIDE RESIDENTIAL, REHABILITATIVE, AND TRAINING SERVICES FOR MENTALLY CHALLENGED AND/OR DEVELOPMENTALLY DISABLED INDIVIDUALS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,234,860

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,234,860

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,122,525

Fundraising Expenses $0

Program Expenses $2,309,529

Other Expenses $1,498,514

TOTAL EXPENSES $2,621,039

Year-over-Year Comparison

	2021	2020	Change
Revenue	$3,234,860	$3,114,009	+0.0%
Expenses	$2,621,039	$2,623,936	0.0%
Net Income	$613,821	$490,073	+0.3%

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

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
PATRICIA A HERRON	TREASURER	0.50	Officer Director	$0	$0	$0
DONNA SMITH	DIRECTOR	0.50	Director	$0	$0	$0
TOM HORST	DIRECTOR	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
2021	$3,234,860	$2,621,039	$2,070,639	$613,821
2020	$3,114,009	$2,623,936	$1,485,853	$490,073
2019	$2,285,335	$2,432,131	$815,081	$-146,796
2018	$2,877,837	$2,985,743	$951,336	$-107,906

ALTERNATIVE RESIDENCES THREE INC % VOCA CORPORATION