ALZHEIMER'S COMMUNITY CARE INC

EIN: 311481653 501(c)(3) Diseases & Disorders

WEST PALM BEACH, FL

Total Revenue
$7,702,857
Total Expenses
$7,740,017
Total Assets
$5,795,585
Net Assets
$3,502,386
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
FL
Principal Officer
DAVID FRANKLIN
Phone
5616832700
Tax Period
2024-07-01 to 2025-06-30

ALZHEIMER'S COMMUNITY CARE INC, founded in 1996, is a community nonprofit in the Diseases & Disorders sector that reported $7.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

OUR MISSION, ALZHEIMER'S COMMUNITY CARE IS DEDICATED TO PROMOTING AND PROVIDING COMMUNITY-BASED, FAMILY-CENTERED CARE FOR PATIENTS AND THEIR CAREGIVERS LIVING WITH NEUROCOGNITIVE DISORDERS, THROUGH THE BELIEF, WHERE THERE IS HELP, THERE IS HOPE. OUR VISION, WE PLEDGE OURSELVES TO MAINTAIN A LEADERSHIP ROLE IN PROVIDING RESOURCES AND SERVICES FOR FAMILIES WITH ALZHEIMER'S DISEASE AND RELATED DISORDERS. WE PLEDGE OURSELVES TO BE THE ULTIMATE RESOURCE THAT SPECIALIZES IN DEMENTIA-SPECIFIC CARE THROUGHOUT THE DISEASE PROCESS AND TO PROVIDE A SAFE HAVEN FOR BOTH CAREGIVERS AND PATIENTS. WE PLEDGE OURSELVES TO BE CHANGE AGENTS SO THAT HUMAN DIGNITY BECOMES A FUNDAMENTAL ASPECT OF ALL DEMENTIA-SPECIFIC TREATMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,326,805
Program Service Revenue $1,358,023
Investment Income $14,521
Other Revenue $3,508
TOTAL REVENUE $7,702,857

Expense Breakdown

Grants Paid $5,512
Salaries & Benefits $5,085,044
Fundraising Expenses $393,715
Program Expenses $5,449,908
Other Expenses $2,447,147
TOTAL EXPENSES $7,740,017

Year-over-Year Comparison

2024 2023 Change
Revenue $7,702,857 $6,657,975 +0.2%
Expenses $7,740,017 $8,385,581 -0.1%
Net Income $-37,160 $-1,727,606 -1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
105
Volunteers
11

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
3
$163,346
Total Directors
10
$96,497
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
G MARK SHALLOWAY ESQ CHAIR 1.00
Director
$0 $0 $0
ROBERT J GORMAN ESQ IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
DAVID E DANGERFIELD VICE CHAIR 1.00
Director
$0 $0 $0
RANDY K JOHNSON SR TREASURER 1.00
Officer Director
$0 $0 $0
ERIC JABLIN ASSISTANT TREASURER 1.00
Director
$0 $0 $0
KEVIN WRENNE SECRETARY/FORMER INTERIM CEO 40.00
Officer Director
$90,247 $6,250 $96,497
PETER A SACHS DIRECTOR 1.00
Director
$0 $0 $0
LINDA PAO MD DIRECTOR 1.00
Director
$0 $0 $0
DENNIS NORTH DIRECTOR 1.00
Director
$0 $0 $0
CLEMENT BRANDENBURG DIRECTOR 1.00
Director
$0 $0 $0
DAVID FRANKLIN PRESIDENT & CEO 40.00
Officer
$58,911 $7,938 $66,849
JACKIE CHONG EXECUTIVE VP 40.00
Highest
$122,965 $11,357 $134,322
KAREN L GILBERT VP OF EDUCATION AND Q&A 40.00
Highest
$116,411 $5,212 $121,623
ALEXANDER GUANARITA VP OF FINANCE 40.00
Highest
$112,567 $7,608 $120,175
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
2025 $7,702,857 $7,740,017 $5,795,585 $-37,160
2024 $6,657,975 $8,385,581 $5,896,828 $-1,727,606
2023 $8,846,077 $8,404,471 $6,845,412 $441,606
2022 $7,158,052 $7,720,500 $5,606,103 $-562,448
2022 $7,158,052 $7,720,500 $5,606,103 $-562,448
2021 $8,541,353 $7,172,226 $4,924,885 $1,369,127
2019 $8,101,693 $7,545,226 $3,817,056 $556,467
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