DELAVAN ACTIVE SENIORS CORP IV

EIN: 391943554 501(c)(3)

CHICAGO, IL

Total Revenue
$303,887
Total Expenses
$668,314
Total Assets
$2,832,161
Net Assets
$-4,387,219
🔒

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
WI
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.

Program Service Accomplishments

Program 1
Expenses: $606,727

EXPENSES INCURRED TO PROVIDE HOUSING TO ACTIVE SENIORS FOR UPKEEP AND MAINTENANCE OF HOUSING UNITS AND RELATED COSTS.

🔒

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 (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
🔒

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
3
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
3
$87,424
Total Directors
3
$87,424
Key Employees
0
$0
Highest Compensated
0
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
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare DELAVAN ACTIVE SENIORS CORP IV with other nonprofits in Illinois 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.