BELOIT ASSISTED LIVING INC (EIN 392021602) - 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

2001

Legal Domicile

Principal Officer

J MARCELLUS PERRY

Phone

6083131300

Tax Period

2023-01-01 to 2023-12-31

BELOIT ASSISTED LIVING INC, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $213K in total revenue in fiscal year 2023. Expenses of $270K exceeded revenue, resulting in a 27% operating deficit.

Mission

THE BENEVOLENT PURPOSE OF BELOIT ASSISTED LIVING, INC. IS TO PROVIDE ELDERLY PERSONS & HANDICAPPED PERSONS WITH HOUSING FACILITIES & SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL & PSYCHOLOGICAL NEEDS & TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, & USEFULNESS IN LONGER LIVING.

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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 $208,152

Investment Income $3,991

Other Revenue $546

TOTAL REVENUE $212,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $197,066

Other Expenses $270,208

TOTAL EXPENSES $270,208

Year-over-Year Comparison

	2023	2022	Change
Revenue	$212,689	$201,168	+0.1%
Expenses	$270,208	$234,988	+0.1%
Net Income	$-57,519	$-33,820	+0.7%

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

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

$354,065

Total Directors

$354,065

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J MARCELLUS PERRY	PRESIDENT	1.00	Officer Director	$0	$18,793	$151,083
DEBBIE SHELDON	SECRETARY/TREASURER THRU 1/23	1.00	Officer Director	$0	$1,362	$8,020
LAURA LAUX	VICE PRESIDENT	1.00	Officer Director	$0	$8,408	$112,010
ERIN DAVIS	CHAIR THRU 6/23	1.00	Officer Director	$0	$0	$0
RENEE JOHNSON	SECRETARY	1.00	Officer Director	$0	$0	$0
ALAN KUPSIK	SECOND VICE CHAIR THRU 6/23	1.00	Officer Director	$0	$0	$0
KELSEY MCCARTHY	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
JACOB MCHUGH	SECOND VICE CHAIR	1.00	Officer Director	$0	$0	$0
JEN O'CONNELL	CHAIR	1.00	Officer Director	$0	$0	$0
KITTY ROUNDS	SECRETARY/TREASURER	1.00	Officer Director	$0	$10,628	$82,952

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	No data	No data	No data	No data
2023	$212,689	$270,208	$1,281,318	$-57,519
2022	$201,168	$234,988	$1,350,467	$-33,820
2021	$190,006	$242,065	$1,375,492	$-52,059
2020	$165,682	$238,076	$1,427,352	$-72,394
2019	$156,977	$198,643	$1,499,465	$-41,666
2018	$152,807	$201,123	$1,540,534	$-48,316

BELOIT ASSISTED LIVING INC