INDEPENDENT LIVING HORIZONS FIVE INC (EIN 311593739) - 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

1999

Legal Domicile

Principal Officer

DENNIS B SKELLEY

Phone

7062616184

Tax Period

2024-07-01 to 2025-06-30

INDEPENDENT LIVING HORIZONS FIVE INC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $137K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $153K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PUPOSE IS TO PROVIDE HOUSING LEASED TO PHYSICALLY HANDICAPPED INDIVIDUALS IN CONJUNCTION WITH FHA RENT SUPPLEMENTAL CONTRACT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $137,070

Investment Income $96

Other Revenue $0

TOTAL REVENUE $137,166

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $109,363

Other Expenses $152,519

TOTAL EXPENSES $152,519

Year-over-Year Comparison

	2024	2023	Change
Revenue	$137,166	$108,273	+0.3%
Expenses	$152,519	$142,157	+0.1%
Net Income	$-15,353	$-33,884	-0.5%

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

N/A

Volunteers

N/A

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

$138,137

Total Directors

$10,950

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BROCK DANIELS	BOARD CHAIR	1.00	Officer Director	$0	$0	$2,700
ELIZABETH MCLEOD	DIRECTOR	1.00	Director	$0	$0	$750
GERRY OWEN	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$1,500
DR PAMELA SALAZAR	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE BANKS	DIRECTOR	1.00	Director	$0	$0	$1,500
THOMAS BLANCHARD III	DIRECTOR	1.00	Director	$0	$0	$0
TERRA CARROLL	DIRECTOR	1.00	Director	$0	$0	$1,500
LARRY KNOX JR	DIRECTOR	1.00	Director	$0	$0	$1,500
BENTON STARKS	DIRECTOR	1.00	Director	$0	$0	$1,500
DENNIS B SKELLEY	PRESIDENT/CEO	1.00	Officer	$0	$24,750	$133,937

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	$137,166	$152,519	$170,514	$-15,353
2024	No data	No data	No data	No data
2023	$106,098	$135,405	$219,431	$-29,307
2022	$111,854	$139,564	$253,980	$-27,710
2021	$108,715	$128,790	$318,065	$-20,075
2020	$90,614	$117,202	$373,687	$-26,588
2019	$77,844	$104,793	$413,966	$-26,949
2018	$69,699	$110,554	$454,426	$-40,855

INDEPENDENT LIVING HORIZONS FIVE INC