BELOIT ASSISTED LIVING INC

EIN: 392021602 501(c)(3) Housing & Shelter

BELOIT, WI

Total Revenue
$212,689
Total Expenses
$270,208
Total Assets
$1,281,318
Net Assets
$1,257,831
🔒

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
2001
Legal Domicile
WI
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 (AGE 62 AND OVER) AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.

Program Service Accomplishments

Program 1
Expenses: $197,066 Revenue: $208,152

HOUSING AND HOUSING REHABILITATION - BELOIT ASSISTED LIVING, INC. (BALI) PROVIDES HOUSING NEEDS TO THE ELDERLY. BALI CURRENTLY OWNS AND OPERATES A 30-UNIT HOUSING PROJECT LOCATED IN BELOIT, WISCONSIN.

🔒

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 (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
🔒

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
7
Independent Members
4
Employees
N/A
Volunteers
18

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
10
$354,065
Total Directors
10
$354,065
Key Employees
0
$0
Highest Compensated
0
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
Explore More Nonprofits
→Top 100 Nonprofits in Wisconsin →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BELOIT ASSISTED LIVING INC with other nonprofits in Wisconsin 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.