ADULT LEARNING SYSTEMS UP INC

EIN: 383413578 501(c)(3) Mental Health

MARQUETTE, MI

Total Revenue
$14,132,008
Total Expenses
$13,664,052
Total Assets
$9,698,079
Net Assets
$8,763,512
🔒

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
1998
Legal Domicile
MI
Principal Officer
KAREN LAFAVE
Phone
9062287370
Tax Period
2023-10-01 to 2024-09-30

ADULT LEARNING SYSTEMS UP INC, founded in 1998, is a mid-sized nonprofit in the Mental Health sector that reported $14.1M in total revenue in fiscal year 2023. Expenses of $13.7M left a modest 3% surplus.

Mission

RESIDENTIAL PROVIDER FOR ADULTS WITH DISABILITIES. ASSISTING IN ALL AREAS OF DAILY LIVING.

Program Service Accomplishments

Program 1
Expenses: $12,500,774 Revenue: $14,000,014

ADULT LEARNING SYSTEMS PROVIDED 128 DISADVANTAGED INDIVIDUALS WITH HOUSING, HEALTH AND WELLNESS SERVICES ALONG WITH EDUCATIONAL OPPORTUNITIES THROUGH ITS 25 PROGRAMS CONSISTING OF 20 LICENSED HOMES...

Read more

ADULT LEARNING SYSTEMS PROVIDED 128 DISADVANTAGED INDIVIDUALS WITH HOUSING, HEALTH AND WELLNESS SERVICES ALONG WITH EDUCATIONAL OPPORTUNITIES THROUGH ITS 25 PROGRAMS CONSISTING OF 20 LICENSED HOMES AND 5 UNLICENSED HOMES.

🔒

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 $8,708
Program Service Revenue $14,000,014
Investment Income $123,286
Other Revenue $0
TOTAL REVENUE $14,132,008

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,535,039
Fundraising Expenses $0
Program Expenses $12,500,774
Other Expenses $2,129,013
TOTAL EXPENSES $13,664,052

Year-over-Year Comparison

2023 2022 Change
Revenue $14,132,008 $13,355,685 +0.1%
Expenses $13,664,052 $13,319,904 +0.0%
Net Income $467,956 $35,781 +12.1%
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
6
Employees
486
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
$152,539
Total Directors
7
$152,539
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN LAFAVE PRESIDENT 40.00
Officer Director
$152,539 $0 $152,539
RENAE ROSENBERGER VICE PRESIDE 1.00
Officer Director
$0 $0 $0
AUDREY WARREN SECRETARY 1.00
Officer Director
$0 $0 $0
FREDERICK WARREN TREASURER 1.00
Officer Director
$0 $0 $0
KAREN ALHOLM TRUSTEE 1.00
Director
$0 $0 $0
DOROTHY KAHLER TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA WILLIAMS TRUSTEE 1.00
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 $14,132,008 $13,664,052 $9,698,079 $467,956
2023 $13,355,685 $13,319,904 $9,937,710 $35,781
2022 $14,897,292 $14,235,966 $9,673,616 $661,326
2021 $14,936,671 $14,502,859 $10,211,492 $433,812
2020 $12,331,579 $12,090,420 $10,056,562 $241,159
2019 $11,778,804 $11,689,623 $8,259,534 $89,181
2018 $11,589,123 $11,254,385 $7,858,649 $334,738
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ADULT LEARNING SYSTEMS UP INC 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.