CHURCH OF CHRIST ASSISTED LIVING INC (EIN 383483291) - 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

DAVID STEWART

Phone

5867912470

Tax Period

2024-01-01 to 2024-12-31

CHURCH OF CHRIST ASSISTED LIVING INC, founded in 1999, is a community nonprofit in the Human Services sector that reported $3.3M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $3.9M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE FOR SENIORS OF SOUTHEASTERN MICHIGAN EXCELLENT, FAITH-BASED CARE AT EACH STAGE OF THEIR LIVES, INDEPENDENCE, ASSISTANCE, NURSING, AND IN EVERY FACET OF THEIR LIVES, PHYSICAL, SOCIAL, MENTAL AND SPIRITUAL SERVICES PROVIDED INCLUDING ROOM AND BOARD, PROVISION OF MEALS, TRANSPORTATION, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, AND PROVISION OF COMMUNITY ORIENTED GROUP ACTIVITIES.

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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 $600

Program Service Revenue $3,259,782

Investment Income $2,783

Other Revenue $3,035

TOTAL REVENUE $3,266,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,730,048

Fundraising Expenses $0

Program Expenses $3,131,159

Other Expenses $2,175,992

TOTAL EXPENSES $3,906,040

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,266,200	$2,902,683	+0.1%
Expenses	$3,906,040	$3,537,065	+0.1%
Net Income	$-639,840	$-634,382	+0.0%

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

101

Volunteers

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

$118,042

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID STEWART	CEO	8.00	Officer	$0	$0	$0
DEBBIE HAMPTON	ASSIST LIVG	40.00	Officer	$109,907	$8,135	$118,042
MARK WILSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE MESSIER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DEBBIE ARNETT	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN SWANTEK	TREASURER	1.00	Officer Director	$0	$0	$0
LENORA HARDYFOSTER	BOARD MEMBER	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	$3,266,200	$3,906,040	$4,894,291	$-639,840
2023	$2,902,683	$3,537,065	$4,935,153	$-634,382
2022	$2,487,283	$3,266,088	$5,147,070	$-778,805
2021	$2,075,639	$2,669,795	$5,480,119	$-594,156
2020	$3,246,906	$3,618,765	$5,577,387	$-371,859
2019	$4,288,563	$4,181,542	$5,664,016	$107,021
2018	$4,044,501	$4,057,974	$5,689,508	$-13,473

CHURCH OF CHRIST ASSISTED LIVING INC