ELITE ALTERNATIVES INC

EIN: 382779741 501(c)(3) Human Services

AUBURN HILLS, MI

Total Revenue
$3,144,613
Total Expenses
$3,302,624
Total Assets
$2,665,231
Net Assets
$2,166,880
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MI
Phone
2488522065
Tax Period
2024-10-01 to 2025-09-30

ELITE ALTERNATIVES INC, founded in 1986, is a community nonprofit in the Human Services sector that reported $3.1M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

Providing 24-hour care for the developmentally disabled in a group home or supported living setting. Elite provides training and support for the individuals everyday living skills, personal hygiene, medications Health

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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 $3,109,171
Program Service Revenue $0
Investment Income $35,442
Other Revenue $0
TOTAL REVENUE $3,144,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,691,163
Fundraising Expenses $0
Program Expenses $2,686,661
Other Expenses $611,461
TOTAL EXPENSES $3,302,624

Year-over-Year Comparison

2024 2023 Change
Revenue $3,144,613 $3,339,952 -0.1%
Expenses $3,302,624 $3,341,807 0.0%
Net Income $-158,011 $-1,855 +84.2%
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

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Governance

Voting Members
4
Independent Members
3
Employees
56
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
1
$206,600
Total Directors
4
$206,600
Key Employees
1
$206,600
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Monica Flagg Ex Dir 080.00
Officer Director Key Emp Highest
$206,600 $0 $206,600
N/A Trustee 001.00
Director
$0 $0 $0
Geri Turner Treasurer 001.00
Director
$0 $0 $0
Mary Billington Trustee 020.00
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
2025 $3,144,613 $3,302,624 $2,665,231 $-158,011
2024 $3,339,952 $3,341,807 $2,808,257 $-1,855
2023 $4,025,465 $3,715,874 $2,521,028 $309,591
2022 $4,444,657 $3,789,188 $2,217,325 $655,469
2021 $4,374,423 $3,646,595 $1,694,759 $727,828
2020 $3,660,788 $3,490,631 $947,463 $170,157
2019 $3,168,996 $3,062,667 $738,000 $106,329
2018 $3,360,234 $3,324,460 $641,526 $35,774
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