LIVING INDEPENDENCE FOR EVERYONE

EIN: 382685452 501(c)(3) Food, Agriculture & Nutrition

MONROE, MI

Total Revenue
$1,407,432
Total Expenses
$1,675,849
Total Assets
$1,947,141
Net Assets
$1,788,126
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MI
Principal Officer
DENISE BRADEN
Tax Period
2023-10-01 to 2024-09-30

LIVING INDEPENDENCE FOR EVERYONE, founded in 1985, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROVIDE NUTRITIOUS MEALS FOR SENIOR CITIZENS AT HOME OR AT A CONGREGATE SITE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,283,414
Program Service Revenue $123,968
Investment Income $50
Other Revenue $0
TOTAL REVENUE $1,407,432

Expense Breakdown

Grants Paid $0
Salaries & Benefits $669,739
Fundraising Expenses $0
Program Expenses $1,514,452
Other Expenses $1,006,110
TOTAL EXPENSES $1,675,849

Year-over-Year Comparison

2023 2022 Change
Revenue $1,407,432 $1,802,464 -0.2%
Expenses $1,675,849 $1,599,900 +0.0%
Net Income $-268,417 $202,564 -2.3%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
33
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
4
$49,843
Total Directors
9
$49,843
Key Employees
1
$49,843
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERI BORON EXECUTIVE DIRECTOR 40.00
Officer Director Key Emp
$49,843 $0 $49,843
SHARON MUMA BOARD MEMBER 1.00
Director
$0 $0 $0
DIANE WASHINGTON BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREA RINKER BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY VANWASHENNOVA BOARD MEMBER 1.00
Director
$0 $0 $0
RON MARSHALL BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY WAGASY PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN PASKO BOARD MEMBER 1.00
Officer Director
$0 $0 $0
DENISE BRADEN TREASURERSECREARY 1.00
Officer 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 $1,407,432 $1,675,849 $1,947,141 $-268,417
2023 $1,802,464 $1,599,900 $2,216,065 $202,564
2022 $1,615,650 $1,478,530 $2,378,516 $137,120
2020 $1,372,322 $1,333,409 $2,211,581 $38,913
2019 $1,340,512 $1,381,105 $1,974,944 $-40,593
2018 $1,295,550 $1,194,089 $2,140,345 $101,461
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LIVING INDEPENDENCE FOR EVERYONE with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.