RESIDENTIAL ALTERNATIVES INC (EIN 382601696) - 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

1980

Legal Domicile

Principal Officer

RENEE OSTROM

Phone

2483698936

Tax Period

2023-10-01 to 2024-09-30

RESIDENTIAL ALTERNATIVES INC, founded in 1980, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2023.

Mission

PROVIDING EDUCATION REHABILATIVE TRAINING TO DEVELOPMENTALLY DISABLED ADULTS IN 4 LICENSED ADULT FOSTER CARE HOMES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,130,000

Investment Income $11

Other Revenue $0

TOTAL REVENUE $2,130,011

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,569,996

Fundraising Expenses $0

Program Expenses $1,833,566

Other Expenses $525,630

TOTAL EXPENSES $2,095,626

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,130,011	$2,090,753	+0.0%
Expenses	$2,095,626	$1,955,829	+0.1%
Net Income	$34,385	$134,924	-0.7%

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

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

$104,554

Total Directors

$104,554

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENEE OSTROM	EX. DIRECTOR	040.00	Officer Director Highest	$104,554	$0	$104,554
CARRIE CHAMBERS	SECRETARY	001.00	Director	$0	$0	$0
KAREN SCHANG	TRUSTEE	001.00	Director	$0	$0	$0
AMBER MARTIN	TRUSTEE	001.00	Director	$0	$0	$0
JOSEPHINE FEIJOO	TREASURER	001.00	Director	$0	$0	$0
DEBRA PERCZAK	TRUSTEE	001.00	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	$2,130,011	$2,095,626	$1,192,355	$34,385
2023	$2,090,753	$1,955,829	$1,141,015	$134,924
2022	$2,112,052	$1,813,213	$1,028,003	$298,839
2021	$1,939,682	$1,696,158	$723,468	$243,524
2020	$1,939,255	$1,696,474	$694,138	$242,781
2019	$1,643,943	$1,626,074	$198,627	$17,869
2018	$1,562,063	$1,570,735	$177,435	$-8,672

RESIDENTIAL ALTERNATIVES INC