DELAVAN ACTIVE SENIOR CORP III (EIN 391943553) - 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

1998

Legal Domicile

Principal Officer

MICHAEL FIANDACA

Phone

3122369673

Tax Period

2023-07-01 to 2024-06-30

DELAVAN ACTIVE SENIOR CORP III, founded in 1998, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 599% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE HOUSING, ASSISTED CARE, COMMUNITY AND OTHER SERVICES TO ACTIVE SENIOR CITIZENS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $203,285

Investment Income $0

Other Revenue $1,141,158

TOTAL REVENUE $1,344,443

Expense Breakdown

Grants Paid $0

Salaries & Benefits $68,629

Fundraising Expenses $0

Program Expenses $1,342,158

Other Expenses $1,297,566

TOTAL EXPENSES $1,366,195

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,344,443	$192,461	+6.0%
Expenses	$1,366,195	$457,961	+2.0%
Net Income	$-21,752	$-265,500	-0.9%

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

N/A

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

$60,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA LUX	TREASURER	10.00	Officer Director	$0	$0	$45,000
MR MICHAEL FIANDACA	PRESIDENT	10.00	Officer Director	$0	$0	$15,000
JOHN FIANDACA	SECRETARY	10.00	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
2025	No data	No data	No data	No data
2024	$1,344,443	$1,366,195	$2,541,639	$-21,752
2023	$192,461	$457,961	$1,764,918	$-265,500
2022	$244,399	$494,372	$1,972,286	$-249,973
2021	$311,212	$454,132	$2,105,192	$-142,920
2020	$234,964	$482,723	$2,414,591	$-247,759

DELAVAN ACTIVE SENIOR CORP III