IOLA LIVING ASSISTANCE INC (EIN 390754474) - 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

1945

Legal Domicile

Principal Officer

BRANDI JORGENSEN

Phone

7154452412

Tax Period

2022-01-01 to 2022-12-31

IOLA LIVING ASSISTANCE INC, founded in 1945, is a small nonprofit that reported $374K in total revenue in fiscal year 2022. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $892K exceeded revenue, resulting in a 139% operating deficit.

Mission

PROVIDE SKILLED NURSING CARE AND APARTMENTS WITH SERVICES FOR ELDERLY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $335

Program Service Revenue $658,654

Investment Income $-1,930,508

Other Revenue $1,645,411

TOTAL REVENUE $373,892

Expense Breakdown

Grants Paid $0

Salaries & Benefits $415,576

Fundraising Expenses $0

Program Expenses $690,282

Other Expenses $476,667

TOTAL EXPENSES $892,243

Year-over-Year Comparison

	2022	2021	Change
Revenue	$373,892	$2,287,043	-0.8%
Expenses	$892,243	$2,235,073	-0.6%
Net Income	$-518,351	$51,970	-11.0%

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

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

$26,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDI JORGENSEN	CEO	40.00	Officer	$26,250	$0	$26,250
MARK DOLL	SECRETARY	2.00	Officer Director	$0	$0	$0
ELIZABETH KUHR	PRESIDENT	2.00	Officer Director	$0	$0	$0
LILA MALVIK-SHOWER	DIRECTOR	2.00	Director	$0	$0	$0
MIKE MAZEMKE	DIRECTOR	2.00	Director	$0	$0	$0
LES SOLBERG	DIRECTOR	2.00	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
2022	$373,892	$892,243	No data	$-518,351
2021	$2,287,043	$2,235,073	$7,146,808	$51,970
2020	$2,255,530	$2,786,360	$7,446,520	$-530,830
2019	$3,567,243	$4,428,556	$7,842,605	$-861,313
2018	$4,401,636	$4,320,309	$6,942,935	$81,327

IOLA LIVING ASSISTANCE INC