DELAVAN ACTIVE SENIORS CORP IV (EIN 391943554) - 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

Tax Period

2022-07-01 to 2023-06-30

DELAVAN ACTIVE SENIORS CORP IV, founded in 1998, is a small nonprofit that reported $304K in total revenue in fiscal year 2022. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $668K exceeded revenue, resulting in a 120% operating deficit.

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $297,612

Investment Income $0

Other Revenue $6,275

TOTAL REVENUE $303,887

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,429

Fundraising Expenses $0

Program Expenses $606,727

Other Expenses $591,885

TOTAL EXPENSES $668,314

Year-over-Year Comparison

	2022	2021	Change
Revenue	$303,887	$218,078	+0.4%
Expenses	$668,314	$491,942	+0.4%
Net Income	$-364,427	$-273,864	+0.3%

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

N/A

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

$87,424

Total Directors

$87,424

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA LUX	TREASURER	10.0	Officer Director	$0	$0	$44,145
MICHAEL J FIANDACA	PRESIDENT	10.0	Officer Director	$0	$0	$43,279
JOHN FIANDACA	SECRETARY	10.0	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	No data	No data	No data	No data
2023	$303,887	$668,314	$2,832,161	$-364,427
2022	$218,078	$491,942	$3,115,773	$-273,864
2021	$269,784	$523,301	$3,368,440	$-253,517
2020	$279,043	$540,247	$3,606,996	$-261,204

DELAVAN ACTIVE SENIORS CORP IV